Head of Finance, MFB

Paystack
Paystack

Accounting & Finance

Nigeria

Posted on Oct 7, 2026

Paystack MFB is a CBN-licensed microfinance bank inside the Paystack group, which is part of TSG. It lets us offer regulated banking products, such as accounts and settlement, to the businesses and people who use Paystack. The bank's growth has to stay inside tight capital, liquidity and reporting rules, and this role keeps it there.

About the role

We are hiring a Head of Finance to own the financial health, reporting and regulatory standing of Paystack Microfinance Bank (Paystack MFB). You will run the bank's finance function end to end: accounting, treasury, prudential reporting, tax, budgeting and financial control.

What you’ll be doing

Financial reporting and control

  • Own the monthly, quarterly and annual close, and produce IFRS financial statements on time.

  • Lead the statutory audit and keep a clean record with external auditors.

  • Design and run internal financial controls, including segregation of duties, reconciliations and approval limits.

  • Produce group reporting packs for Paystack and Stripe, and reconcile local IFRS figures to group requirements.

Regulatory and prudential reporting

• Submit all CBN and NDIC returns accurately and on schedule, and fix the root cause of any late or incorrect filing.

• Monitor capital adequacy, liquidity ratio, cash reserve requirement and other prudential limits daily, and escalate early when headroom narrows.

• Apply CBN prudential guidelines for loan classification and provisioning, alongside IFRS 9 expected credit loss models.

• Represent the bank's finance position in CBN examinations and respond to regulator queries.

Treasury and liquidity

• Manage daily liquidity, funding and cash positions across settlement, customer deposits and operating accounts.

• Set and run the bank's investment policy for surplus funds, such as treasury bills, within board-approved limits.

• Build liquidity stress tests and a contingency funding plan.

Planning, performance and capital

• Lead the annual budget and rolling forecasts, and report performance against plan to the MD and Board.

• Model the capital and liquidity impact of new products before launch.

• Plan capital needs ahead of growth and any change in CBN minimum capital rules.

• Track product and unit economics, such as net interest margin, cost of funds and cost-to-income ratio.

Tax and compliance

• Own corporate income tax, VAT, withholding tax and other filings under the current Nigerian tax laws.

• Manage relationships with tax authorities and advisers, and keep the bank ready for tax audits.

Leadership and governance

• Present financial and prudential reports to the Board and its Audit and Risk committees.

• Build and lead a small, high-quality finance team, and set clear standards for accuracy and speed.

• Work with Risk, Compliance, Engineering and Product so finance processes scale with

automation, not headcount.

What it takes to succeed

• 10+ years in finance, with at least 4 years in a senior finance role at a CBN-licensed bank, microfinance bank or other regulated financial institution.

• A full professional accounting qualification (ICAN, ACCA, CIMA or CPA), and registration with the Financial Reporting Council of Nigeria.

• Hands-on experience preparing CBN and NDIC returns and working through CBN examinations.

• Strong IFRS knowledge, especially IFRS 9 expected credit loss.

• Experience managing treasury and liquidity in a deposit-taking institution.

• A clean regulatory record that meets CBN fit-and-proper criteria for key management roles.

• Clear written communication, including board-level reporting.

Benefits

  • Competitive salary and compensation package

  • Full medical coverage

  • Fully covered parental leave

  • Smart, kind colleagues who’re invested in your growth

We are an equal opportunity employer and prohibit discrimination and harassment of any kind. We’re committed to providing employees with a work environment that is progressive and open-minded. Our employment philosophy is to hire the best people and empower them to do the best work of their lives.

See more open positions at Paystack