Chief Financial Officer

Position Overview

Koins Microfinance Bank is seeking a Chief Financial Officer to provide strategic financial leadership and oversee all financial, regulatory, risk management, and compliance functions of the organization. The CFO will ensure CBN regulatory compliance, drive digital banking financial operations, manage enterprise-wide risks, optimize capital structure, and deliver accurate financial reporting to support informed decision-making and sustainable business growth.

Key Responsibilities

Strategic Financial Planning & Leadership

• Partner with CEO and Board to formulate and execute the bank's financial strategy and digital transformation initiatives
• Develop and implement financial strategies, business plans, and financial models aligned with microfinance industry dynamics
• Lead capital planning, budgeting processes, and financial forecasting
• Drive innovation in digital financial services while maintaining prudent financial management

Regulatory Compliance & CBN Reporting

• Ensure full compliance with all CBN regulations, circulars, and prudential guidelines for microfinance banks
• Oversee timely submission of all regulatory returns (monthly, quarterly, annual prudential returns, FINSCOPE, NDIC, EFCC, FRC filings)
• Maintain active liaison with CBN examiners, NDIC, and other regulatory bodies
• Lead preparation for CBN examinations and regulatory audits
• Monitor and implement regulatory updates affecting microfinance operations

Financial Management & Operations

• Direct accounting, treasury, financial planning & analysis, taxation, and financial reporting functions
• Oversee preparation of IFRS-compliant audited financial statements
• Manage liquidity position, ensuring compliance with CBN liquidity ratios and capital adequacy requirements
• Monitor loan portfolio quality, provisioning, and NPL management
• Optimize cost-to-income ratio and operational efficiency
• Oversee funds transfer operations