Head of Finance at PalmPay

Job Summary

• The Head of Finance will be responsible for overseeing all financial operations of PalmPay in Nigeria, including strategic financial planning, budgeting, risk management, and compliance.
• This individual will provide leadership to the finance team, implement efficient systems, and ensure the company’s financial sustainability in alignment with business goals.

Key Responsibilities
Financial Strategy & Planning:

• Develop and execute PalmPay’s financial strategy to support business growth and profitability
• Lead annual budgeting and quarterly forecasting processes in collaboration with business unit heads
• Monitor key financial metrics and provide actionable insights to executive management.

Financial Management & Reporting:

• Oversee the preparation of accurate and timely monthly, quarterly, and annual financial statements
• Ensure compliance with International Financial Reporting Standards (IFRS) and local accounting regulations
• Manage cash flow, liquidity, and working capital to optimize operational efficiency.

Risk Management & Compliance:

• Establish and maintain internal controls to safeguard company assets and ensure financial accuracy
• Oversee compliance with tax laws, regulatory reporting, and audit requirements
• Identify and mitigate financial risks affecting the company’s operations.

Team Leadership & Development:

• Lead, mentor, and develop a high-performing finance and accounting team
• Foster a culture of accountability, accuracy, and continuous improvement
• Ensure the team is equipped with the latest tools, knowledge, and practices in financial management.

Stakeholder Engagement:

• Partner with the CEO, Group CFO, and other executives on strategic initiatives
• Liaise with banks, investors, auditors, and regulatory bodies
• Support fundraising, investment appraisals, and strategic partnership negotiations.

Qualifications & Requirements

• Bachelor’s Degree in Accounting, Finance, Economics, or a related field
• Professional qualifications such as ACA, ACCA, CPA, or CFA required
• Minimum of 10 years’ progressive experience in finance, with at least 5 years in a senior management role—preferably in fintech, banking, or financial services
• Strong understanding of IFRS, tax regulations, and compliance in Nigeria
• Proven track record in financial planning, analysis, and strategic execution
• Exceptional leadership, communication, and interpersonal skills
• High proficiency in financial systems, ERP tools, and Microsoft Excel.