Chief Financial Officer (CFO) at Startup Sports & Gaming Company - Chief Financial Officer (CFO)

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
6 days ago

Additional Details

Job ID
142083
Job Views
30

Job Description






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 Flash Bet 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.



Success Metrics (KPIs)




  • Accuracy of financial reporting | Daily cashflow stability & liquidity buffer maintenance | Withdrawal turnaround time | GGR/NGR health & margin integrity | Bonus leakage optimization | 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’ 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.



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