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Chief Financial Officer

9 hours ago

Lagos, Lagos, Nigeria Lagos State Full time

A start-up sports and gaming Company is recruiting suitable candidate to fill the position below:

Job Position: Chief Financial Officer (CFO)

Job Location: Lagos

Employment Type: Full-time

Key Responsibilities

Financial Strategy & Oversight:

  • Develop and execute the company's financial strategy aligned with growth goals.
  • Build 12-month and 36-month financial models for sportsbooks, virtuals, pools, and gamification products.
  • Oversee capital planning, investor relations, and funding structures.
  • Oversee financial health, budgeting, cost control, and casino/bookmaking margin integrity.

Sportsbook financial Operations:

  • Monitor GGR/NGR daily, weekly, and monthly.
  • Manage exposure/liability limits for ACCA, Pools, and FlashBet markets.
  • Maintain bonus balance sheets, promo budgets, and cost-of-acquisition controls.
  • Structure payout buffers to ensure instant or near-instant withdrawals.

Treasury, Cashflow & Payment Systems:

  • Oversee all payment channels: bank transfers, wallets, USSD, cards, agents, PSPs.
  • Ensure accurate reconciliation across all PSPs and banking partners.
  • Maintain liquidity thresholds to support peak-event withdrawals (e.g., EPL weekends).
  • Build treasury dashboards for real-time visibility.

Regulatory, tax and Compliance:

  • Ensure strict compliance with: State Lottery Boards, NLRC frameworks, Anti-money laundering (AML), KYC/identity validation, Bet settlement audit trails
  • Manage tax obligations including withholding, gaming levies, and double-tax risk mitigation.

Risk Management & Internal Controls:

  • Establish end-to-end financial controls for deposits, withdrawals, promo leakage, odds settlement, and fraud mitigation.
  • Implement security protocols to prevent insider risk and payout manipulation.
  • Build a robust fraud detection and reconciliation environment.

Performance Reporting:

  • Provide weekly Board dashboards covering: Revenue & GGR trends, Cost of acquisition (CPA) across channels, Margin performance, LTV, ARPU, user cohorts, Bonus burn rate, Agent & affiliate profitability, Lead quarterly and annual financial reporting.

Succeess Metrics (KPIs)

  • Accuracy of financial reporting | Daily cashflow stability & liquidity buffer maintenance | Withdrawal turnaround time | GGR/NGR health & margin integrity | Bonus leakage optimisation | Reconciliation accuracy across all channels | Fraud incidents prevented/detected | Tax and regulatory compliance | Cost-of-acquisition vs LTV ratio | Operating cost efficiency

Required Experience & Qualifications

  • 10–12 years of financial leadership experience, ideally in gaming, fintech, telco, or digital payments.
  • Strong expertise in sportsbook GGR modelling, liability management, and high-volume micro-transaction environments.
  • Deep understanding of the Nigerian regulatory tax environment for betting companies.
  • Proven track record in treasury, payment systems, reconciliations, and fraud risk management.
  • Strong analytical, data-driven, and forecasting skills.

Core Competencies:

  • Financial Strategy & Modelling | Treasury & Cashflow Optimization | Risk & Compliance Management | Regulatory Intelligence | Payment Systems & Reconciliations | Fraud Detection & Controls | High-Pressure Decision Making | Leadership & Team Management.

Method of Application

Interested and qualified candidates should send their CV to: using the Job Position as subject of the mail.