Financial Analyst at Outsource Company

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
19210
Job Views
104

Job Description



Qualification



  • Degree in Finance, or other related fields.

  • Professional qualification


Experience



  • 3 to 5 years of successful experience in a financial role, preferably in a school

  • Experience using financial software.

  • Working effectively with internal and external partners.

  • Advanced MS Excel skills

  • Higher level IT skills.

  • Excellent analytical and numerical skills.

  • Strong ethics, with an ability to manage confidential data. Excellent interpersonal skills.

  • Effective communicator and presenter – orally and in writing.

  • Ability to work as part of a team.


Job description



  • Perform a wide variety of highly complex accounting, financial analysis and reporting work auditing, reconciling and maintaining financial records in support of the school; including budgets, journals and ledgers of income, expenditures and encumbrances.

  • Download, interpret and manipulate information from both financial and nonfinancial systems. This includes student, staff and estates data.

  • Analyse spending patterns and trends to provide insights to budget holders.

  • Perform regular variance analysis on the portfolio and provide commentaries.

  • Conduct, prepare, and submit systematic and periodic reviews of budgets, preparing projections of variance to approved budgets. Creates and updates Standard Operating Procedures.

  • Prepare and audit a variety of financial, statistical and budgetary reports statements and records related to assigned accounting functions.

  • Review and analyse financial statements, records and reports to ensure accuracy, completeness, and compliance.

  • Implements budget revisions in accordance with designated specifications.

  • Conduct financial, statistical, and operational studies of a variety of school operations. Prepare findings, recommendations, and discussion for management review and action.

  • Analyse and interpret legislative, state and federal directives; communicate findings to the Head of Finance and management. Coordinate necessary recommendations for revisions as required for financially sound and consistent policies concerning budget accountability.

  • Analyse budgeting and accounting record procedures to ensure systems internal controls and compliance with regulatory requirements, policies and administrative regulations.

  • Prepare various comparative analysis reports to be presented to management. Prepare various fiscal documentation regarding accounting activities, e.g., weekly, monthly and annual reports.

  • Oversee, calculate, post, audit and adjust journal entries including yearend closing, account reconciliation, reporting, and auditing; monitor, evaluate and reconcile assigned accounts and budgets; update accounts to reflect revenue and expenditures. Coordinate input of budget data. Implement procedures for specialising budgets. Input account item transfers.

  • Manage and analyses budget reports and preparation of recommendations for auditing and internal controls. Evaluate budgets to ensure adequate funds exist prior to authorisation. Forecast short-term and long-term projections of revenues and expenditures. Provide timely and accurate information relating to budget status.

  • May receive, review, and process requisitions from various departments; track requisition processes, including initial receiving, coding and tracking.

  • Generate invoices when required.

  • Maintain financial models (such as staff budgets, tuition fees, etc.) in Excel.

  • Evaluate current capital expenditures and depreciation.

  • Explore investment opportunities.

  • Establish and evaluate profit plans.

  • Identify trends in financial performance and provide recommendations for improvement.

  • Coordinate with other members of the finance team to review financial information and forecasts.

  • Responsible for ensuring that data is accurate, up-todate and complete.

  •  Active role in debt management and control.

  • Maintain relationships with the banks.


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