• Application Deadline: Fri, 15 Apr 2022 00:00:00 GMT
• Position: Budget & Financial Analyst


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 - 8 years


• Location Lagos



• Job Field Finance / Accounting / Audit 
  

Job Summary

Assist in managing Egbin’s budget preparation and monitoring process including preparation of relevant reports to assist Management’s decision making.

Key Duties and Responsibilities

• Assist in circulating the annual business planning guidelines and provide assistance to other budget holders during the planning process in conjunction with the performance and planning unit.


• Develop consolidated budget pack for review and approval the Management Account & Budget Manager.


• Monitor approved budget allocations, revenue, and expenditure and highlight variances for the attention of the Head, Management Account & Budget.


• Carry out primary review and validation of budget data presented by various units and or highlight major inconsistencies/shortcomings.


• Carry out initial review & analysis for consistency of data, validation with other operational information and present to head of the section.


• Ensure the reporting of monthly financial performance of each unit and business generating centres (BGCs)


• Carry out variance analysis of major performance parameters with that of budgets forecasts and highlights underlying business/operational causes of variation


• Carry out studies and research of relevant authoritative source of macroeconomic data to gather basic information on budgetary assumption.


• Prepare first drafts of relevant periodic and/ or ad hoc reports.


• Assist in generating monthly management accounts, business performance statements, noting major deviations from budget, and risk areas.


• Participate in the analysis of operational results and proffer recommendations to management.


• Obtain key insights on industry (competitors) and economic analysis and recommend areas of improvement (If any)


• Provide analytic insight using trend analysis on key operational performance and accounting indices


• Financial forecast to aid business decision making


• Prepare monthly financial investments analysis and suggest best alternatives for fund based on economic performance


• Perform any other duties as may be assigned by the Head Budget, Planning and Business Performance.

Education and Work Experience

• Bachelor’s degree or its equivalent in Accounting, Finance, Economics or any other related discipline.


• Relevant professional qualifications such as ACA, CIMA, CPA, ACCA will be an added advantage


• Five (5)- Eight (8) years relevant experience

Skills and Competencies

• Good understanding of trends, challenges, opportunities, regulations and legislations relating to the power sector.


• In-depth knowledge of IFRS, finance best practices and other applicable reporting and accounting standards.


• Working knowledge of accounting packages and systems, including a standard ERP software.


• Good report writing and presentation skills


• Ability to extract, manipulate and analyze large volumes of data and strong problem-solving skills


• Strong interpersonal, communication and negotiation skills


• High sense of responsibility, accountability and dependability


• Good oral and written communication skills


• Good problem-solving skills.


• High ethical standards and integrity.


• Proficiency in the use of MS Office tools.