Chief Financial Officer
First City Monument Bank (FCMB) Limited
Lagos, Nigeria · Onsite · Executive
accounting · compliance · risk management · recruiting · budgeting
Also named, not counted in your match: stakeholder management · leadership
The Chief Finance Officer (CFO) will provide strategic financial leadership and oversight across FCMB Capital Markets Ltd and FCMB Trustees Ltd.
First City Monument Bank (FCMB) Limited is a member of FCMB Group Plc, which is one of the leading financial services institutions in Nigeria with subsidiaries that are market leaders in their respective segments. Having successfully transformed to a retail and commercial banking-led group, FCMB expects to continue to distinguish itself by delivering exceptional services, while enhancing the growth and achievement of the personal and business aspirations of our customers.
We are recruiting to fill the position below:
Job Summary:
- The Chief Finance Officer (CFO) will provide strategic financial leadership and oversight across FCMB Capital Markets Ltd and FCMB Trustees Ltd.
- The role will drive financial performance, ensure financial stability, strengthen financial controls and support the achievement of both businesses' strategic and financial objectives.
- The role will work closely with the respective Managing Directors, Boards and business teams to ensure effective financial management, regulatory compliance, accurate reporting and sound financial decision-making across both entities.
Job Details:
- Provide strategic financial leadership across FCMB Capital Markets Ltd and FCMB Trustees Ltd, ensuring alignment of financial strategies with the respective businesses' objectives and long-term growth plans.
- Lead the development and execution of financial strategies to drive profitability, optimise financial performance and strengthen the financial position of both businesses.
- Advise the respective Managing Directors and Boards on financial performance, business strategy, investment decisions, financial risks and opportunities.
- Oversee financial planning, budgeting, forecasting and performance management, ensuring effective resource allocation and alignment with strategic priorities.
- Provide strategic oversight of treasury, liquidity, funding and capital management to ensure financial stability and optimal utilisation of financial resources.
- Drive business performance through financial analysis, commercial insights and recommendations that support revenue growth, profitability and cost optimisation.
- Oversee financial risk management, internal controls and governance frameworks, ensuring effective identification, assessment and mitigation of financial risks.
- Ensure compliance with applicable financial reporting standards, tax requirements, statutory obligations and regulatory guidelines across both entities.
- Provide oversight of financial reporting, ensuring the accuracy, integrity and timely presentation of financial results to the respective Managing Directors, Boards and regulatory authorities.
- Lead the development and implementation of financial policies, frameworks and controls to strengthen financial governance, accountability and operational efficiency.
- Oversee tax strategy and management, ensuring tax efficiency, compliance and effective management of tax exposures.
- Provide financial oversight of investments, asset-liability management and capital allocation decisions to support sustainable business growth.
- Lead relationships with external auditors, regulators, tax authorities and other key financial stakeholders, ensuring effective engagement and resolution of financial and regulatory matters.
- Drive financial transformation through improved systems, automation, data analytics and process optimisation to enhance financial reporting and decision-making.
- Provide leadership and strategic direction to the Finance teams across both businesses, building a high-performing team and strengthening financial capabilities.
- Oversee audit and budgeting processes, ensure tax compliance, and provide strategic financial and tax advice to the respective Managing Directors and Boards to support sound financial decision-making.
Benefits:
- Competitive Executive Compensation.
- Upfront Allowance.
- Annual Performance Bonus.
- Performance-Based Incentives.
- Comprehensive Health and Insurance Coverage.
- Executive Allowances and Official Mobility Support.
- Professional Development and Executive Learning Opportunities.
- Annual Leave and Other Employee Benefits.
Location: Marina, Lagos
- Bachelor's degree in Finance, Accounting, Economics or a related field.
- A Master's degree with a focus on Finance is preferred.
- Professional certifications such as ACA, ACCA or CFA are highly desirable.
- At least 10 years of relevant experience, with a minimum of 5 years in a senior leadership role within a financial institution, preferably in investment banking or financial services.
- SEC Sponsored Individual is also highly preferable
- Understanding of IFRS.
- Strong background in investment strategies, risk management and regulatory compliance.
- Comprehensive understanding of regulatory filing requirements (e.g. SEC, CAC, FIRS and LIRS).
- Strategic Financial Management and Leadership.
- Financial Planning, Budgeting and Forecasting.
- Corporate Finance and Capital Management.
- Treasury, Liquidity and Cash Flow Management.
- Advanced Financial Reporting and IFRS.
- Regulatory Compliance and Financial Governance.
- Tax Strategy and Management.
- Enterprise Risk Management and Internal Controls.
- Investment Analysis and Portfolio Management.
- Financial Modelling, Valuation and Scenario Analysis.
- Financial Systems, Automation and Digital Transformation.
- Commercial Acumen and Business Strategy.
- Audit, Assurance and Financial Controls.
- Board-Level Financial Advisory and Stakeholder Management.
- Performance Management and Cost Optimisation
How to apply Interested and qualified candidates should: Click here to apply online
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