Head of Finance, MFB (Hybrid)  Hybrid

Paystack is a technology company solving payments problems for ambitious businesses. Paystack's mission is to help merchants in Africa get paid by anyone, anywhere in the world. Over 9,000 of some of the best businesses in Nigeria use Paystack’s modern payments gateway, including MTN, Taxify, Domino’s Pizza, Smile Communications, Opera, God is Good Motors, Axa Mansard Insurance, and many others. We are  recruiting to fill the position below:

 Job Title: Head of Finance, MFB

Location: Hybrid About the role

We are hiring a Head of Finance to own the financial health, reporting and regulatory standing of Paystack Microfinance Bank (Paystack MFB). You will run the bank's finance function end to end: accounting, treasury, prudential reporting, tax, budgeting and financial control.

What you’ll be doing

Own the monthly, quarterly and annual close, and produce IFRS financial statements on time. Lead the statutory audit and keep a clean record with external auditors. Design and run internal financial controls, including segregation of duties, reconciliations and approval limits. Produce group reporting packs for Paystack and Stripe, and reconcile local IFRS figures to group requirements.

Submit all CBN and NDIC returns accurately and on schedule, and fix the root cause of any late or incorrect filing. Monitor capital adequacy, liquidity ratio, cash reserve requirement and other prudential limits daily, and escalate early when headroom narrows. Apply CBN prudential guidelines for loan classification and provisioning, alongside IFRS 9 expected credit loss models. Represent the bank's finance position in CBN examinations and respond to regulator queries.

Manage daily liquidity, funding and cash positions across settlement, customer deposits and operating accounts. Set and run the bank's investment policy for surplus funds, such as treasury bills, within board-approved limits. Build liquidity stress tests and a contingency funding plan.

Planning, performance and capital:

Lead the annual budget and rolling forecasts, and report performance against plan to the MD and Board. Model the capital and liquidity impact of new products before launch. Plan capital needs ahead of growth and any change in CBN minimum capital rules. Track product and unit economics, such as net interest margin, cost of funds and cost-to-income ratio.

Own corporate income tax, VAT, withholding tax and other filings under the current Nigerian tax laws. Manage relationships with tax authorities and advisers, and keep the bank ready for tax audits.

Present financial and prudential reports to the Board and its Audit and Risk committees. Build and lead a small, high-quality finance team, and set clear standards for accuracy and speed. Work with Risk, Compliance, Engineering and Product so finance processes scale with automation, not headcount.

What it takes to succeed

10+ years in finance, with at least 4 years in a senior finance role at a CBN-licensed bank, microfinance bank or other regulated financial institution. A full professional accounting qualification (ICAN, ACCA, CIMA or CPA), and registration with the Financial Reporting Council of Nigeria. Hands-on experience preparing CBN and NDIC returns and working through CBN examinations. Strong IFRS knowledge, especially IFRS 9 expected credit loss. Experience managing treasury and liquidity in a deposit-taking institution. A clean regulatory record that meets CBN fit-and-proper criteria for key management roles. Clear written communication, including board-level reporting.

Competitive salary and compensation package Full medical coverage Fully covered parental leave Smart, kind colleagues who’re invested in your growth.

Not Specified. How to Apply

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