Finance Manager Job at Traction Apps

Traction Apps is a technology company focused on technology solutions for SMEs relating to merchant management and payments. Traction Apps is a division of Traction Venture Partners Limited, a venture building platform seeking to build and enable a B2B ecosystem in emerging markets. Traction is a mission-driven, fast-paced and entrepreneurial environment, led by ex McKinsey consultants. The company presents a rich opportunity for our team members to drive meaningful growth and address real problems

We are recruiting to fill the position below:

Job Position: Finance Manager
Job Location: Lagos
Work Type: Full Time

Role Overview


  • We are looking for driven passionate problem solvers and self-starters  to join our team. In this role, you will be responsible for the full breadth of the financial support services for Traction which includes working with the Management team, business partners and other internal and external stakeholders to drive effective financial control and planning process to support business strategy.
  • You will also bring in financial control through a structured outcome-oriented approach, creating specific implementation plans and governance structures, and generating transparency through measurement and feedback.

What You’ll Do

  • Head the Accounting function for the group charged with planning, governance, financial control, budgeting, commercial negotiations, and performance review of all Traction businesses.
  • Responsible for creating the accounting structure and strategy for the team and drive adoption by all stakeholders.
  • Responsible for governing all accounting operational activities like MIS, Balance sheet, P&L, billing, A/R, A/P, cost accounting, and revenue recognition and deploying the team to discharge responsibilities arising from such activities.
  • Ideate and execute innovative methods of financing various capital needs of the Traction businesses.
  • Manage the year-end reporting and audit functions for the businesses by working with the internal accounting team and external auditors.
  • Maintain outstanding banking relationships and strategic alliances with vendors and business partners – represent the company to banks, financial partners, institutions, investors, public auditors, and officials.
  • Ensure tax and statutory compliance (I.e VAT, PAYE) for the businesses with all government agencies including FIRS, LIRS, etc.
  • Prepare, consolidate, and monitor annual budgets and forecasts across the businesses and report budget performance and variances to the Management.
  • Creating the Annual Operating Plan for the business functions and refreshing the outlook for the year every quarter by working with and across teams.
  • Identify, develop, and report on key performance metrics in tailored reports to internal and external stakeholders.
  • Produce financial analysis and presentations for internal and external stakeholders, including the leadership team, Board of Directors, investors, and strategic partners.
  • Develop innovative business plans, financial forecasts, and analysis for strategic initiatives and ad hoc projects, including business lines/markets/products analysis, strategic decision-making in day-to-day operations, and other growth initiatives.
  • Any other responsibility as may be prescribed by the founders or other members of the Management team.

What You’ll Need (Requirements)

  • B.Sc in Accounting, Finance or any relevant field
  • 7 years of experience in an Accounting, Audit, or Finance role with at least 2 years in a Managerial position
  • Professional Certification (ACA, ACCA)
  • Proficiency in the use of Microsoft Office Suite applications (Excel, Powerpoint)
  • Excellent knowledge of Accounting Software (Sage, Quickbooks, Microsoft Dynamics, etc)
  • Experience in financial services
  • Demonstrated interest in the FinTech or alternative financial services operators, peculiarities, and nuances
  • Experience in managing multiple internal and external stakeholders
  • Experience in engaging different groups of Regulators
  • Experience managing teams
  • Experience in designing and maintaining chart of accounts

Our values:

  • Ownership: At Traction, we take the initiative to achieve favorable results
  • Invent & Innovate: We are constantly developing and designing solutions
  • Growth Centered (self and customers): You keep pursuing growth and learning
  • Team Spirit (collaborative): We are a team that works together to achieve a common goal
  • High Ethical Standard: Respect, trust, honesty, and moral character are values that we uphold
  • Customer Driven: We see everything we do at Traction on how it will impact our customers
  • Above & Beyond: We don't just do what's expected of us; We go the extra mile.

Why Traction

  • Join a high-potential organization: This is a unique opportunity to join a rapidly scaling business where we expect you to approach things differently, and solve problems for business owners
  • Meaningful Rewards: Competitive Base Pay, Flexible Leave Plan, Health Insurance
  • Captain your career path: Live, work, and breathe in an environment with limitless opportunities for growth, both professionally and personally. A personal learning budget used to invest in your growth
  • The Best Team: Working with a motivated and talented team plus regular team bonding events
  • Top-notch private health insurance
  • Online therapy and wellbeing benefit
  • Learning budget.