Head, Finance & Operations MFB

Kano - Nigeria

Monthly Salary: Not Disclosed

Experience Required: 5years

Posted on: 9 hours ago

Vacancies: 1 Vacancy

Job Summary

CredPal is a leading financial technology company that offers a comprehensive range of financial solutions including credit cards and investment opportunities to empower individuals. Our mission is to revolutionize access to credit and investment enabling individuals to take charge of their financial well-being.

Our Microfinance Bank Dawakin Kudu Limited is a dynamic financial institution focused on delivering inclusive financial services to individuals SMEs and communities across Kano State and its environs.

Job Title: Head of Finance and Operations - MFB

Job Type: Full Time

Level: Senior Level

Purpose Statement

We are seeking a highly experienced and execution-driven Head of Finance & Operations to oversee the financial management operational efficiency and overall performance of our microfinance bank in Dawakin Kudu. The ideal candidate will be responsible for driving financial strategy ensuring strong internal controls optimizing operational processes and supporting aggressive business growth while maintaining regulatory compliance.

This role requires a commercially minded leader who can balance growth profitability and risk management in a fast-paced microfinance environment.

Responsibilities

Financial Strategy & Management

Lead the development and execution of the banks financial strategy in line with business objectives.
Oversee budgeting forecasting and financial planning processes.
Drive profitability through effective cost management and revenue optimization.
Monitor financial performance and provide actionable insights to management.
Ensure the bank consistently maintains all regulatory prudential ratios in line with microfinance banking requirements.

Accounting Reporting & Returns Filing

Oversee preparation of accurate and timely financial statements.
Ensure timely filing of statutory and regulatory returns (CBN returns NDIC tax filings etc.).
Maintain full compliance with IFRS standards and financial reporting requirements.
Liaise with external auditors regulators and tax authorities.

Operations Management

Oversee daily banking operations including cash management branch operations and transaction processing.
Drive operational efficiency and process optimization across all units.
Implement and monitor SOPs and internal control frameworks.
Ensure operational readiness uptime and business continuity.

Risk Management & Compliance

Establish and enforce strong internal controls to mitigate financial and operational risks.
Ensure full compliance with Central Bank of Nigeria (CBN) regulations and microfinance guidelines.
Oversee credit risk processes and portfolio quality in collaboration with business teams.
Monitor fraud risks and implement preventive measures.

Treasury & Liquidity Management

Manage liquidity cash flow and funding requirements of the bank.
Optimize asset-liability management to ensure financial stability.
Oversee investment activities and fund allocation strategies.

Leadership & Team Management

Lead mentor and develop the finance and operations teams.
Drive a high-performance culture with clear KPIs and accountability.
Ensure continuous training and capability development across teams.

Process Improvement & Systems

Drive automation and digital transformation across finance and operations.
Ensure effective use of core banking systems and financial tools.
Continuously identify and implement process improvements to enhance efficiency.

Key Performance Indicators (KPIs)

Profitability & Cost-to-Income Ratio
Financial Reporting Accuracy & Timeliness
Liquidity & Cash Flow Management
Operational Efficiency Metrics
Portfolio Quality (PAR / NPL)
Compliance & Audit Outcomes
Process Turnaround Time

Requirements

Bachelors degree in Finance Accounting Economics or related field.
ACA / ACCA certification is required.
MCIB certification is an added advantage.
Minimum of 5years experience strictly within a Microfinance Bank (MFB) with at least 3years in a senior leadership role overseeing finance and/or operations.
Strong knowledge of microfinance banking operations and regulatory requirements in Nigeria.
Proven experience in financial planning treasury management and operational leadership.
Strong understanding of risk management internal controls and compliance frameworks.
Excellent analytical leadership and decision-making skills.
Must reside in Kano State preferably within or around Dawakin Kudu and its environs.

Benefits

Opportunity to lead finance and operations in a high-growth microfinance institution
Direct impact on strategic and operational decision-making
Fast-paced performance-driven environment with strong growth potential

Required Skills:

Bachelors degree in Finance Accounting Economics or related field. ACA / ACCA certification is required. MCIB certification is an added advantage. Minimum of 5years experience strictly within a Microfinance Bank (MFB) with at least 3years in a senior leadership role overseeing finance and/or operations. Strong knowledge of microfinance banking operations and regulatory requirements in Nigeria. Proven experience in financial planning treasury management and operational leadership. Strong understanding of risk management internal controls and compliance frameworks. Excellent analytical leadership and decision-making skills. Must reside in Kano State preferably within or around Dawakin Kudu and its environs.