• Application Deadline:
• Position: Financial Analyst


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description

• A financial planning analyst is responsible for designing and implementing financial plans and strategies to help clients achieve their financial goals.


• The analyst must be adept at analyzing complex financial information, developing financial models, and maintaining a deep understanding of financial markets and investment products.

Roles and Responsibilities

• Consolidate and analyze financial data (budgets, income statement forecasts etc) considering company’s goals and financial standing.


• Provide creative alternatives and recommendations to reduce costs and improve financial performance.


• Building annual budgets and forecasts for different business units and consolidating into one master budget.


• Analyse past financial performance, preparing competitor analysis, and examining market trends along with commentary for management.


• Analyse the trends of key performance indicators (KPIs), especially relating to financial metrics of insurance businesses.


• Develop and continually improve budgeting, financial projections, and operating forecasts.


• Creating financial models to predict growth and forecast performance.


• Analyse previous budgets and forecasts and perform variance analysis to explain discrepancies.


• Evaluate new and existing projects, investments, and assets to determine their validity and appraise their value.


• Gain and update job knowledge to remain informed about novelty in the field.


• Consult with management to guide and influence long term and strategic decision making within the broadest scope.


• Support the management team and department leaders with data-driven analysis.


• Drive process improvement and policy development initiatives that impact the function.

Qualifications

Education:

• B.Sc / BA in Accounting, Finance or relevant field.

Professional Qualification:

• Professional certifications such as ACA, ACCA, CIMA.

Experience:

• Proven work experience (2 years and above) as a Financial Planning Analyst or similar role.


• Strong knowledge of accounting, data analysis and forecasting methods.


• Proficient in spreadsheets, databases, MS Office and financial software applications.


• Hands on experience with statistical analysis and statistical packages.


• Ability to perform research and compile reports.


• Outstanding presentation, reporting and communication skills.


• Strong attention to detail to produce accurate financial reports and for identifying any irregularities in data.


• Excellent analytical skills to interpret complex financial data and provide actionable business insights.


• Strong communication skills to present financial information clearly to both financial and non-financial stakeholders.

Core Competencies:

• Leadership: Strong leadership skills with the ability to inspire and motivate teams. Proven track record of managing and developing staff.


• Strategic Thinking: Ability to develop and implement long-term strategies that align with organizational goals. Strong analytical skills and the ability to make data-driven decisions.


• Communication: Excellent communication skills, both written and verbal. Ability to effectively communicate with all levels of the organization and external stakeholders.


• Problem-Solving: Strong problem-solving skills with the ability to identify issues, develop solutions, and implement changes effectively.


• Financial Acumen: Strong understanding of Financial Accounting and Reporting, Budgeting and Forecasting, and financial analysis, and accounting. Ability to perform analytical review.

Functional Competencies:

Technical Expertise:

• In-depth knowledge of financial accounting and reporting, Budgeting and Forecasting, financial analysis and financial management.


• Proficiency in computer-aided facility management (CAFM) software and other relevant technologies.

Financial Acumen:

• Ability to prepare detailed financial reports, perform review and analysis of financial statements and financial reports, and identify cost-saving opportunities.


• Ability to use financial modelling in forecasting and monitoring business perfomance.


• Strong analytical, financial reporting and forecasting skills.


• Technology Proficiency: Proficiency in using technology and software for financial analysis.

People Management:

• Experience in managing team.


• Ability to relate well with internal and external parties.


• Strong communication skills.


• Ability to achieve cost-effective solutions without compromising quality.