Chief Financial Officer

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.

Requirements

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

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.

About Company

FCMB Capital Markets Limited

https://www.fcmbcapitalmarketsng.com/

First City Monument Bank Limited (previously First City Merchant Bank Limited) was established as the first privately owned merchant bank in Nigeria in August 1983. It developed from the successful securities issuance business of City Securities Limited, which was formed in September 1977. In 2001, the extensive capital markets expertise of the different companies within the First City Group including CSL Stockbrokers Limited and City Securities (Registrars) Limited were amalgamated under the umbrella of FCMB Capital Markets. FCMB Capital Markets Limited was incorporated with the Corporate Affairs Commission on 4 April 2002 as a wholly owned subsidiary of First City Monument Bank Limited, and subsequently registered with the Securities &Exchange Commission in 2004, to act as the flagship company for the FCMB Capital Markets sub-group comprising CSL Stockbrokers Limited, City Securities (Registrars) Limited and First City Asset Management Limited. Following a corporate restructuring exercise in 2012, FCMB Capital Markets Limited and First City Monument Bank Limited were split, both became wholly owned subsidiaries of FCMB Group Plc, which was newly incorporated.