Job Description
Job Title: Financial Controller (FinTech)
Location: Lagos
Department: Finance
Reports To: Managing Director
Job Summary
The Financial Controller will oversee all accounting, financial reporting, reconciliations, and regulatory compliance for a FinTech company operating payment platforms, wallets, and high-volume digital transactions. This role ensures integrity of transaction data, accurate settlement with partners, strong internal controls, and full compliance with financial and regulatory requirements.
Key Responsibilities1. Transaction & Settlement Reconciliation
• Oversee daily reconciliation of:
• Customer wallets
• Payment gateway transactions
• Bank settlement accounts
• Partner/merchant settlements
• Ensure zero unreconciled balances across transaction channels.
• Investigate and resolve settlement discrepancies promptly.
2. Financial Reporting
• Prepare monthly, quarterly, and annual financial statements.
• Produce management reports on revenue, transaction fees, float income, and costs.
• Monitor financial performance vs projections.
3. Regulatory & Compliance Oversight
• Ensure compliance with CBN/financial regulatory requirements.
• Oversee AML/KYC financial reporting requirements.
• Manage statutory filings: VAT, WHT, PAYE, CIT, etc.
• Support regulatory and external audits.
4. Revenue Assurance & Cost Control
• Validate revenue from transaction fees, commissions, and service charges.
• Monitor leakages in transaction charges and settlement processes.
• Review contracts with payment partners and banks from a financial standpoint.
5. Cash Flow & Treasury Management
• Manage float accounts, escrow accounts, and operational accounts.
• Monitor liquidity for daily settlements.
• Manage banking relationships and financial instruments.
6. Internal Controls & Risk Management
• Develop financial controls around transaction processing and settlements.
• Implement fraud detection checks from a finance perspective.
• Establish SOPs for transaction integrity and reporting.
7. Budgeting & Financial Planning
• Lead budgeting and forecasting for a fast-growth FinTech environment.
• Develop financial models for new products, pricing, and partnerships.
8. Team Leadership
• Lead finance, reconciliation, and settlement teams.
• Work closely with tech, operations, and compliance units.
Qualifications & Requirements
• Bachelor’s degree in Accounting, Finance, or related field.
• ICAN / ACCA / CPA mandatory.
• 6–10 years experience in accounting/finance.
• Minimum 3 years in FinTech, payments, banking, or financial services.
• Strong knowledge of payment systems, wallets, and settlement processes.
• Experience with ERP/accounting tools and advanced Excel skills.
Key Skills
• Payment reconciliation expertise
• Strong understanding of wallets, gateways, and settlement cycles
• Financial compliance and regulatory reporting
• Analytical thinking and problem solving
• High attention to detail and integrity
• Leadership and cross-functional collaboration
KPIs / Performance Indicators
• 100% daily reconciliation of all transaction channels
• Zero unresolved settlement discrepancies
• Accurate revenue reporting from transaction fees
• Timely regulatory and tax compliance
• Clean audit reports
• Effective cash/float management
Preferred Experience
• Experience with payment processors, switches, or wallet platforms.
• Experience working with banks and regulatory bodies.
• Familiarity with AML, KYC, and fraud monitoring systems.
Job Type: Full-time