MoMo is recruiting for Procurement Manager and Financial Controller jobs in Lagos. Explore the latest MOMO PSB vacancies and apply online.
1. Procurement Manager
Location: Victoria Island, Lagos
Employment Type: Full-time
Experience: 6–13 years
Job Summary
MoMo Payment Service Bank is seeking an experienced Procurement Manager to lead and manage its end-to-end procurement activities. The successful candidate will be responsible for driving cost optimisation, ensuring quality and supply continuity, and delivering value for money through effective sourcing, contract management, supplier relationships, and stakeholder engagement.
The role also involves ensuring compliance with procurement policies, governance standards, internal controls, and applicable regulatory requirements.
Key Responsibilities
- Lead and manage end-to-end procurement activities, from demand identification and sourcing to contracting, supplier management, renewals, and contract close-out.
- Develop and implement procurement and category strategies aligned with business priorities, demand plans, and budget requirements.
- Lead strategic sourcing processes, including Requests for Information (RFI), Requests for Quotation (RFQ), and Requests for Proposal (RFP).
- Oversee supplier identification, prequalification, evaluation, selection, negotiations, and contract awards.
- Lead commercial negotiations to secure competitive pricing, favourable contractual terms, quality services, and value for money.
- Conduct spend and market analysis to identify cost optimisation opportunities, demand aggregation, and operational efficiencies.
- Work with business units to understand procurement requirements, forecast demand, and develop appropriate procurement solutions.
- Manage supplier relationships and monitor performance against agreed Service Level Agreements (SLAs), Key Performance Indicators (KPIs), and contractual obligations.
- Drive supplier performance improvement initiatives and address significant supplier-related issues.
- Oversee contract execution, renewals, variations, expiry management, and supplier governance.
- Identify, assess, and mitigate procurement, supply chain, contractual, and third-party risks.
- Ensure compliance with procurement policies, delegated authority limits, internal controls, and regulatory requirements.
- Maintain procurement documentation, approvals, records, and audit trails while supporting internal and external audits.
- Provide procurement advisory services, supplier market intelligence, commercial insights, and recommendations to stakeholders.
- Support business planning and budgeting through procurement forecasts, cost analysis, and savings opportunities.
- Monitor and report procurement performance, including cost savings, supplier performance, sourcing cycle times, and compliance.
- Drive continuous improvement in procurement processes, supplier management, and internal controls.
- Build effective relationships with internal stakeholders and suppliers to support business objectives and service delivery.
Qualifications and Experience
Educational Requirements
- Bachelor’s Degree in Supply Chain Management, Business Administration, Economics, Finance, or a related discipline.
- Membership of a recognised professional body such as the Chartered Institute of Procurement & Supply (CIPS), Chartered Institute of Purchasing and Supply Management of Nigeria (CIPSMN), or an equivalent organisation is an added advantage.
Experience Requirements
- Minimum of 6–13 years’ experience in strategic sourcing, procurement, supply chain management, or commercial negotiation.
- Experience managing end-to-end sourcing processes, including RFIs, RFQs, RFPs, supplier evaluations, and contract negotiations.
- Experience in vendor management, cost optimisation initiatives, contract administration, and supplier performance management.
- Experience in the telecommunications, fintech, financial services, or technology industry is an added advantage.
How to Apply
Interested and qualified candidates should apply online through the MoMo Payment Service Bank recruitment portal.
Click here to apply for the Procurement Manager position
Application Closing Date: 13th November 2026.
2. Financial Controller
Location: Victoria Island, Lagos
Employment Type: Full-time
Experience: 10–13 years
Job Summary
MoMo Payment Service Bank is seeking an experienced Financial Controller to lead its financial control and reporting function. The successful candidate will ensure the integrity, accuracy, and completeness of financial records, compliance with statutory and regulatory requirements, effective internal controls, and timely financial reporting to support sound business decision-making.
Key Responsibilities
- Lead the preparation and review of monthly, quarterly, and annual financial statements in accordance with International Financial Reporting Standards (IFRS), regulatory requirements, and company policies.
- Oversee month-end and year-end closing processes, ensuring accurate recording and timely reporting of financial transactions.
- Manage the General Ledger and Chart of Accounts to ensure the integrity and completeness of financial information.
- Drive balance sheet governance through the review of reconciliations, resolution of outstanding items, and continuous improvement of financial controls.
- Develop, implement, and maintain effective financial control frameworks, accounting policies, and governance processes.
- Coordinate internal and external audit activities, ensuring timely resolution of audit findings and implementation of corrective actions.
- Ensure compliance with accounting standards, tax regulations, statutory reporting obligations, and internal governance requirements.
- Review and approve key accounting entries, provisions, accruals, and financial adjustments to ensure accurate financial reporting.
- Provide financial oversight and accounting guidance for new business initiatives, products, projects, and strategic investments.
- Monitor and strengthen internal controls to safeguard company assets, mitigate financial risks, and prevent control breaches.
- Drive automation, process optimisation, and continuous improvement initiatives to enhance reporting accuracy and operational efficiency.
- Collaborate with Business Units, Risk, Compliance, Technology, and Operations teams to address financial control issues and improve governance standards.
- Prepare financial analyses, management reports, and performance insights to support executive decision-making.
- Manage regulatory, statutory, and financial reporting submissions, ensuring accuracy and compliance with prescribed timelines.
- Lead, mentor, and develop the Financial Control team, promoting a high-performance culture and strong technical accounting capabilities.
- Support the Chief Financial Officer (CFO) in strengthening financial governance, liquidity oversight, and finance transformation initiatives.
Qualifications and Experience
Educational Requirements
- Bachelor’s Degree in Accounting, Finance, Economics, or a related discipline.
- Professional accounting qualification such as ICAN, ACA, ACCA, ANAN, or an equivalent qualification.
Experience Requirements
- Minimum of 10–13 years’ experience in Financial Control, Financial Reporting, Audit, or Corporate Finance, with at least three years in a leadership role.
- Experience in the fintech or banking industry is preferred.
- Strong knowledge of IFRS, financial reporting standards, internal controls, taxation, and regulatory compliance requirements.
- Good understanding of the financial services regulatory environment and applicable regulatory policies.
How to Apply
Interested and qualified candidates should apply online through the MoMo Payment Service Bank recruitment portal.
Click here to apply for the Financial Controller position
Application Closing Date: Not Specified.
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