Financial Planning & Strategy
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evelop revenue models and pricing strategies tailored for digital wallets, agent networks, and merchant services.
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Develop and implement long-term financial strategies to support the growth and sustainability of the EMI.
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Support the CEO and Board in strategic planning through robust financial modelling, forecasting, and investment analysis.
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Align financial plans with operational and strategic goals of the EMI.
Budgeting & Financial Control
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Lead the annual budgeting process and oversee periodic financial reviews.
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Monitor actual vs. budget performance and recommend corrective actions.
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Ensure robust cost optimization and efficiency tracking across technology, agent commissions, and transaction costs.
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Establish internal controls and ensure discipline in budget execution across departments.
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Develop financial policies and procedures in line with international standards.
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Ensure digital finance products are financially sustainable with clear unit economics.
Financial Reporting & Audit
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Prepare accurate and timely financial statements in accordance with IFRS and local accounting regulations.
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Ensure transparent and compliant financial reporting to regulators, shareholders, and the Board.
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Lead external audits and coordinate with internal audit and compliance teams to ensure financial integrity.
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Maintain proper documentation and support traceability of all financial transactions.
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Oversee implementation of automated financial reporting systems integrated with core banking/EMI platforms.
Treasury & Cash Flow Management
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Oversee treasury operations, including management of float accounts, liquidity, and reconciliation processes.
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Ensure efficient use of working capital to support agent and merchant network requirements.
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Manage relationships with banks, payment providers, and financial partners.
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Ensure appropriate safeguards and controls are in place for fund movements and settlements.
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Ensure real-time liquidity monitoring across agent and merchant networks to avoid service disruption.
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Develop FX and remittance settlement strategies in coordination with international partners.
Tax, Compliance & Regulatory Reporting
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Ensure full compliance with local tax laws, reporting deadlines, and regulatory financial disclosures.
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Coordinate with legal and compliance teams on financial obligations under EMI regulations.
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Maintain up-to-date knowledge of regulatory developments affecting the EMI’s financial practices.
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Prepare and submit reports as required by the Central Bank and other relevant authorities.
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Ensure alignment with global standards such as IFRS, FATF, and DAB directives on e-money institutions.
Risk Management & Internal Controls
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Identify and manage financial risks including liquidity, FX exposure, and market volatility.
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Develop internal control systems to prevent fraud, leakage, and misuse of funds.
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Conduct periodic risk assessments in financial operations and implement mitigation measures.
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Support the Enterprise Risk Management framework and risk reporting to the Board.
Team Leadership & Capacity Building
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Lead and mentor the finance department, fostering a culture of excellence and accountability.
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Develop capacity-building programs for finance staff on financial systems, controls, and reporting standards.
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Work collaboratively with operations, compliance, and product teams to support business units with financial insights.
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Ensure succession planning and talent development within the finance function.
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Foster cross-functional collaboration between finance, technology, and operations for integrated decision-making.
