Expires 3 weeks from now
Finance Manager
full-time
Lekki,
Lagos
Share this job
Job Summary
The Finance Manager will be responsible for managing the day-to-day financial operations, reporting, and controls of one or more subsidiary entities within the Group. The role requires a strong technical accounting background, sound understanding of regulatory requirements across the financial services sector, and the ability to work within a matrixed reporting structure, aligning with Group financial policies and standards while supporting the strategic and operational priorities of the subsidiary's management.
Job Details
Financial Reporting & Accounting
- Prepare timely and accurate monthly, quarterly, and annual financial statements (income statement, balance sheet, cash flow) for the assigned entity(ies), in line with IFRS and Group reporting standards.
- Ensure the integrity of the general ledger, including timely reconciliations, journal reviews, and month-end/year-end close processes.
- Consolidate entity-level financials for Group reporting purposes, ensuring consistency with Group templates and reporting timelines.
- Support preparation of the Group's Management Performance Report (MPR) inputs, including budget variance analysis, profitability, and cost performance for the entity.
Regulatory Compliance & Risk
- Ensure compliance with applicable regulatory requirements (e.g., CBN prudential guidelines, SEC regulations, NDIC where applicable) relevant to the entity's licence category.
- Coordinate statutory audits, regulatory examinations, and tax filings (FIRS, State IRS) for the entity.
- Monitor capital adequacy, liquidity ratios, and other prudential metrics, escalating breaches or risks promptly.
- Maintain robust internal controls and support internal/external audit processes.
Budgeting, Planning & Analysis
- Lead the annual budgeting and forecasting process for the entity, in alignment with Group planning timelines and assumptions.
- Conduct variance analysis (actual vs. budget/forecast) and provide commentary on drivers of performance.
- Provide financial analysis to support pricing, product profitability, and cost optimization decisions.
- Track portfolio quality, recoveries, and asset performance metrics relevant to the entity's business line.
Treasury & Cash Management
- Manage the entity's cash flow position, working capital, and funding requirements.
- Support fundraising initiatives (debt facilities, DFI funding, deposit mobilization, etc.) with financial data, projections, and due diligence support as required.
- Monitor and report on liquidity positions in line with Group and regulatory thresholds.
Stakeholder & Team Management
- Serve as the finance business partner to the subsidiary MD, providing financial insights to support operational and strategic decisions.
- Liaise with the Group Financial Controller to ensure alignment with Group accounting policies, reporting formats, and control standards.
- Manage and develop finance staff within the entity, ensuring adequate capacity and skills for the finance function.
- Coordinate with other Group finance managers/entities to support consolidated reporting and cross-entity initiatives
Requirements
- Bachelor's degree in Accounting, Finance, Economics, or related field.
- Professional accounting certification required (ICAN, ACCA, or equivalent).
- Minimum of 5–8 years post-qualification experience in financial services (banking, microfinance, leasing, or investment management), with at least 2–3 years in a managerial capacity.
- Strong working knowledge of IFRS and regulatory reporting requirements applicable to Nigerian financial institutions (CBN, SEC).
- Experience working within a group/holding company structure with multiple reporting lines is an advantage
Benefits
- 13th Month salary.
- Health Maintenance Organisation (HMO) coverage.
- Pension contribution.
- Paid annual leave.
- Group Life Insurance.
About Company
Canary Point Holding Limited
Canary Point Holding Limited is a diversified financial group with interests spanning finance, investment, and energy solutions. Through our subsidiaries, Canary Point Finance Co. Limited, Canary Point Asset Management Limited, and Assets Microfinance Bank Limited, we provide tailored financial solutions, capital management services, and innovative investment opportunities designed to create sustainable value. Our businesses are built on a strong understanding of the financial and investment landscape, enabling us to deliver solutions that support our clients, strengthen businesses, and contribute to sustainable economic development. We are committed to building a dynamic and enduring financial institution driven by innovation, professionalism, integrity, and long-term value creation.