FairMoney is a pioneering mobile banking institution specializing in extending credit to emerging markets. Established in 2017, the company currently operates primarily within Nigeria, and it has secured nearly €50 million in funding from renowned global investors, including Tiger Global, DST, and Flourish Ventures. FairMoney maintains a strong international presence, with offices in several countries, including France, Nigeria, Germany, Latvia, the UK, Türkiye, and India.

In alignment with its vision, FairMoney is actively constructing the foremost mobile banking platform and point-of-sale (POS) solution tailored for emerging markets. The journey began with the introduction of a digital microcredit application exclusively available on Android and iOS devices. Today, FairMoney has significantly expanded its range of services, encompassing a comprehensive suite of financial products, such as current accounts, savings accounts, debit cards, and state-of-the-art POS solutions designed to meet the needs of both merchants and agents.

To gain deeper insights into FairMoney's pivotal role in reshaping Africa's financial landscape, we invite you to watch this informative video.

Job Summary:

We are seeking a highly skilled and motivated Finance Manager to join our dynamic global Finance team in FairMoney. The ideal candidate will take up a critical multi-faceted role responsible for a wide range of responsibilities relating to FairMoney’s expansion into new countries. These responsibilities include financial controls, finalisation of financial statements, tax compliance, tax optimisation, statutory audits and aiding in international expansion efforts. This role also involves collaborating with consultants, auditors, and legal counsel to ensure the company’s financial health and compliance with legislation in various countries.

Key Responsibilities:

1. Financial Controls :

• Design and implementation of financial controls.
• Implement and oversee the performance of bank and general ledger controls.
• Assume responsibility for the accuracy of the trail balance.

2. Taxation :

• Ensure compliance with local taxation laws and regulations, including income tax, stamp duty, VAT, withholding tax and payroll taxes.
• Optimise the taxation charge.

3. Annual financial statements :

• Prepare annual financial statements in alignment with IFRS and within Group and legislative deadlines.
• Engage and propose to the board the appointment of local auditors.
• Ensure the statutory audit of the annual financial statements is completed within Group and legislative deadlines.

4. Procurement :

• Ensure local service providers are properly engaged.
• Ensure spending is within the approved budgets / forecasts.
• Ensure the timely payment of vendor invoices / accounts.
• Optimise spending by finding ways of reducing cost.

5. Treasury :

• Manage the liquidity of each entity within the liquidity and capital requirements.
• Forecast requirements in the short / medium term.
• Manage and optimise the relationships with local banks

6. Financial Analysis:

• Preparation of monthly management accounting – including the preparation of cost notes.
• Provide insightful financial data to support strategic decision-making.
• Prepare detailed reports and presentations for senior management.