Overview
FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.
Job Position: Strategic Finance Manager
Job Location: Lagos
Job Description
- We are seeking a highly skilled and motivated Finance Manager to join our dynamic global Finance team in FairMoney.
- The ideal candidate will take up a critical multi-faceted role responsible for a wide range of responsibilities covering treasury and liquidity analysis, managing finances for new entities, supporting M&A activity, managing liabilities (deposit mobilisation), driving board and investor reporting, and aiding in international expansion efforts.
- This role also involves collaborating with consultants, auditors, and legal counsel to ensure the company’s financial health and strategic growth.
Job Responsibilities
Treasury and Liquidity Analysis:
- Conduct weekly and monthly liquidity analysis to ensure optimal cash flow management.
- Monitor and report on the company’s liquidity position and forecast future cash flows.
- Identify and mitigate potential liquidity risks.
Deposit Mobilisation Management:
- Perform analyses to help manage and grow the firm’s deposits including pricing analyses, develop appropriate incentivisation programmes
- Report on deposit mobilisation operation periodically and own the assessment of deposit rates
- Develop strategies to optimize the company’s liability structure.
Board and Investor Reporting:
- Own preparation of group board reports and presentations for investors.
- Ensure accurate and timely delivery of board decks and investor reports (quarterly cycle)
- Provide support during board meetings and investor calls.
Mergers and Acquisitions (M&A) Support:
- Assist in the evaluation and execution of M&A opportunities.
- Perform financial due diligence and valuation analysis.
- Collaborate with cross-functional teams to integrate acquired businesses.
Financial Management for New Entities:
- Oversee the financial and accounting setup for new business entities.
- Ensure compliance with local and international accounting standards and regulations.
- Develop, implement and manage/control financial policies and procedures for new entities.
International Expansion:
- Assist with the incorporation of new entities as part of the company’s international expansion program.
- Ensure compliance with local regulations and requirements in new markets.
- Coordinate with internal and external stakeholders to facilitate smooth setup and operation of new entities.
Financial Analysis:
- Conduct various ad hoc financial analyses as required by management.
- Provide insightful financial data to support strategic decision-making.
- Prepare detailed reports and presentations for senior management.
Job Requirements
- Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
- Professional accounting qualification (e.g., ACA, ACCA, CPA) viewed favourably
- Minimum of 5 years of experience in finance, with a focus on liquidity management, financial analysis, or M&A activities.
- Knowledge of relevant financial regulations and compliance requirements.
- Understanding of banking and financial services business model and unit economics.
Key Competencies:
- Curiosity and appetite to learn
- Strong analytical and problem-solving skills
- Ability to own project briefs, work independently and manage end-to-end process to resolution
- Ability to manage multiple projects and deadlines.
- Strong organizational and time management skills.
- Strong Excel modelling skills
- Good PowerPoint skills
- Excellent communication and interpersonal skills.
- Attention to detail and high level of accuracy.
- Team player with a collaborative approach to work.
How to Apply
Interested and qualified candidates should:
Click here to apply online
