Financial Controller
4 days ago
Paga is a licensed financial services company and a leading payments company in Nigeria with a massive transformative purpose - to make it simple for one billion people to access and use money. It was founded on the simple belief that the ubiquity of mobile phones can be leveraged in building an ecosystem that enables people to digitally send and receive money and creating simple financial access for everyone.
We are recruiting to fill the position below:
Job Position: Financial Controller
Job Location: Yaba, Lagos
Employment Type: Full Time
Grade Level: Senior Manager
Report to: CFO, Nigeria
Job Description
- We are looking for a passionate, self-driven, and experienced financial controller to join our growing team
- As we expand our operations across multiple jurisdictions, the financial controller will play a critical leadership role in managing and enhancing our financial control environment.
- This is a unique opportunity to drive transformation in a high-growth, digital-first company shaping the future of payments and financial services across Africa and beyond.
Key Responsibilities
Group Financial Reporting & Consolidation:
- Lead the preparation of consolidated financial statements under IFRS and local GAAPs (e.g., US GAAP where applicable).
- Ensure timely monthly, quarterly, and annual close processes across entities.
- Coordinate intercompany reconciliations, eliminations, and consolidation journals.
- Oversee FX accounting and multi-currency consolidation, including unrealized/realized gains and hedging treatments.
- Financial Controls & Risk Management
- Design, implement, and maintain a robust internal control environment aligned with SOXlite and audit standards.
- Manage group-level compliance with financial and operational controls, including fraud risk management.
- Ensure accurate revenue recognition, expense accruals, and provisioning policies.
Treasury & Cash Flow Management:
- Work with Treasury to manage cash positioning, bank relationships, funding allocations, and FX liquidity strategies.
- Monitor working capital efficiency across business units and jurisdictions.
Audit & Tax Compliance:
- Coordinate annual external audit and manage relationships with auditors across multiple geographies.
- Ensure compliance with tax laws, transfer pricing policies, and statutory filings in Nigeria, the US, and any new markets.
- Support legal and regulatory audits by central banks and tax authorities.
Financial Systems & Process Optimization:
- Lead the implementation and optimization of ERP systems (NetSuite), accounting tools, and automation of reporting workflows.
- Standardize processes for financial operations, reconciliations, and reporting across all subsidiaries.
Strategic Financial Leadership:
- Provide financial insights and risk assessments to the CFO, executive leadership, and Board.
- Prepare board and investor-level reporting packs and analysis.
- Support capital raises and international expansion initiatives.
Key Requirements
Education & Qualifications
- Bachelor's Degree in Accounting, Finance, or related field.
- Professional accounting certification (e.g., ACA, ACCA, CPA) required.
- MBA or master's degree in finance is a plus.
- Must have completed the mandatory NYSC
Experience
- 10+ years of progressive experience in accounting/finance, including 5+ years in a controller or finance leadership role.
- Experience in a fintech, banking, or regulated financial institution is highly preferred.
- Track record of managing multi-entity, multi-currency operations across jurisdictions.
Technical Skills
- Strong knowledge of IFRS; working knowledge of local GAAPs (e.g., Nigeria, US) and tax laws.
- Proficiency in ERP systems (NetSuite preferred), Excel, and reporting tools (e.g., Power BI).
- Experience managing cross-border FX accounting and treasury operations.
Behavioral Competencies:
- High integrity and professionalism.
- Strong leadership, people management, project management, and cross-functional
- collaboration skills.
- Strategic thinker with attention to detail and operational discipline.
- Excellent communication skills, including experience preparing reports for board
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