Head of Finance

2 weeks ago

Dhaka, Dhaka, Bangladesh PALMPAY LIMITED Full time ৳900,000 - ৳1,200,000 per year

About PalmPay
PalmPay is a leading neobank and fintech platform scaling financial inclusion across emerging markets. With over 40 million users, we're building a digital financial ecosystem that empowers individuals and businesses through accessible, easy-to-use, and rewarding financial services.
Operating in Nigeria, Ghana, Tanzania, and Bangladesh, PalmPay has been recognised by CNBC as one of the Top 300 Global Fintech Companies and ranked #2 overall and #1 in financial services on the Financial Times' Africa's Fastest Growing Companies 2025 list.

Key Responsibilities:
1. Strategic Finance Leadership
  • Develop and execute PalmPay's financial strategy to support growth, profitability, and sustainability.
  • Provide financial leadership and professional advice to senior management for strategic decision-making.
  • Identify and mitigate financial and operational risks affecting business operations.
2. Regulatory & Compliance Management
  • Lead the preparation and submission of all financial reports to the Central Bank of Bangladesh and maintain strong working relationships with regulatory authorities.
  • Ensure full compliance with local tax laws, IFRS, and regulatory requirements.
  • Oversee internal and external audit processes, ensuring timely and accurate reporting.
3. Financial Planning & Control
  • Oversee preparation of accurate and timely monthly, quarterly, and annual financial statements (Trial Balance, P&L, Cash Flow, Balance Sheet).
  • Drive the budgeting and forecasting process; monitor performance against targets and provide variance analysis.
  • Supervise payroll validation, financial reconciliations, and reporting accuracy.
4. Treasury & Reporting
  • Manage foreign direct investment (FDI) reporting and related compliance.
  • Maintain effective communication with the China HQ accounts team to ensure alignment on reporting standards and financial consolidation.
  • Optimize cash flow, liquidity, and capital allocation.
5. Leadership & Team Management
  • Build, mentor, and lead the local finance team; ensure efficient execution of daily accounting and reporting.
  • Foster a culture of integrity, accountability, and continuous improvement within the Finance Department.
Education Requirements:
  • Bachelor of Commerce (BCom), Bachelor of Business Administration (BBA), Bachelor of Accounting, Master of Commerce (MCom), Master of Business Administration (MBA) or equivalent.
  • Fully/ Partly qualified CA / ACCA / CMA / CFA will be given preference.
Experience Requirements:
  • Minimum 10–12 years of experience in finance, with proven 6+ years of working experience in fintech field.
  • Must familiar with both the central bank system and MRA system.
  • The applicants should have experience in the following business area(s): Financial Sector, Fintech, NGO, Banks, Investment/Merchant Banking
  • Working experience in NGO, NBFI, MFS, PSP, Banks will be given preference
Additional Requirements:
  • Proficiency in English Communication
  • Strong knowledge of accounting principles and regulations.
  • Excellent analytical and problem-solving skills.
  • Familiarity with local tax laws and Central Bank of Bangladesh regulations.
  • Strong work ethics and good team player.
  • Ability to multitask and work under pressure with accuracy.

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