Finance Associate (Fund Sourcing) at 21Search Limited

Job Overview

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

Additional Details

Job ID
107049
Job Views
28

Job Description






Job Summary




  • We are seeking a highly skilled and proactive Finance Associate to join our group of companies. The primary responsibility of this role is to source and secure funding for various projects across the organization. The ideal candidate should have a strong background in financial planning, modeling, analysis, and forecasting. This role requires someone with an exceptional understanding of financing strategies, the ability to analyze and present financial data, and a drive to engage with stakeholders to fulfill the organization’s funding needs.



Key Responsibilities




  • Identify, evaluate, and secure funding options (such as loans, grants, and investments) for projects across the group.

  • Develop and maintain relationships with banks, financial institutions, investors, and other funding sources.

  • Prepare and submit financial proposals, business plans, and other required documentation for funding applications.

  • Negotiate terms and conditions for funding arrangements to secure favorable terms.

  • Develop and maintain detailed financial models to support project funding needs and to forecast future financial performance.

  • Prepare and analyze budget forecasts, cash flow projections, and financial statements for proposed projects.

  • Conduct risk assessments to evaluate the financial viability and potential return on investment of projects.

  • Build and maintain comprehensive financial models to support project funding initiatives and strategic planning.

  • Conduct sensitivity analysis and scenario planning to provide insights into various funding options and their financial impacts.

  • Use forecasting techniques to predict project profitability and long-term financial sustainability.

  • Collaborate with internal departments to gather project information and develop funding strategies aligned with company goals.

  • Communicate regularly with partners and relevant stakeholders to present funding strategies and project financial performance.

  • Act as a key liaison between the finance department and external funding partners, ensuring clarity and transparency.

  • Prepare regular reports for management on project funding status, financial health, and funding performance metrics.

  • Ensure all funding activities are compliant with financial regulations, reporting standards, and company policies.

  • Provide post-funding monitoring and ensure adherence to agreed financial covenants and reporting requirements.



Requirements




  • HND/BSC in Finance, Accounting, Economics or a related field. A Master’s degree or relevant professional certification (e.g. ICAN, ACCA) is a plus.

  • Minimum of 3-5 years of experience in finance, with a strong focus on financial planning, analysis, modeling, and funding.

  • Proficiency in financial modeling, forecasting, and advanced MS Excel techniques.

  • Knowledge of financial reporting standards, funding regulations, and compliance requirements.

  • Familiarity with financial planning softwares.

  • Strong analytical skills with the ability to interpret complex financial data and create actionable insights.

  • Excellent written and verbal communication skills, with the ability to present financial information clearly to both financial and non-financial stakeholders.

  • Ability to build and maintain relationships with external funders and internal teams.

  • Meticulous attention to detail, with a strong focus on accuracy and data integrity.



Key Competencies




  • Deep understanding of financing structures, financial analysis, and fund sourcing.

  • Ability to align funding strategies with organizational objectives and long-term goals.

  • Skilled at identifying and solving financial challenges related to funding and project finance.

  • Comfortable working in a dynamic environment with changing priorities and multiple projects.



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