• Application Deadline: Mon, 20 Mar 2023 00:00:00 GMT
• Position: Financial Analyst


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 5 years


• Location Lagos


• City Lagos Island


• Job Field Finance / Accounting / Audit 
  

Responsibilities

• Develop and implement financial analysis and evaluation with respect to:


• Cash flow projections


• Monthly revenue and customer billings


• Growth and profitability analysis & reporting


• Liquidity & Efficiency of the business


• Manage customer/deal financial risk, ensuring that deal with any customer does not lead to the non-payments.


• Monitor company credit with OEM up to customer levels and ensure we meet credit terms per customer.


• Recurrent billing data base: ensuring 90-day billing before expiration of 2nd and 3rd year billings and 6months for renewals.


• Track all Azure billings and activate these billings for customers when they are due.


• Track other sources of business revenues and ensure zero gaps in revenue collections.


• Provide financial expertise that will continually reduce the business exposure to the forex volatility.


• Analyse business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses.


• Prepare reports of audit findings, outlining discrepancies and recommending corrective actions to be taken.


• Evaluate business proposals, commercial transactions (local & foreign) and determine funding needs and sources.


• Generate and interpret the monthly financial reports of the business for management’s decision making.


• Develop financial initiatives and policies that may improve financial growth of the business.


• Assist the business leads with their planning and budgeting process.


• Provide all budget holders in Cloudsa with up-to-date information in relation to their budgets. Continually provide visibility on budgeted spends against actuals.


• Perform periodic reconciliation of account receivables, checking and ensuring the submission of approved invoices on due dates


• Recommend financial actions by analyzing and interpreting financial data and making comparative analyses, studying proposed changes in methods and processes.


• Provide general customer service by attending to any related queries or requests on quotes, purchase orders, etc.


• Perform any other tasks that may be assigned from time to time.

Anticipated Outcomes of Role

• Timeliness and accuracy of financial reports (Revenue report; profitability Report; Variance report; Receivables & billings, etc.)


• Minimal impact of forex volatility and other financial risks on the business operations


• Actualization of all receivables as at when due


• Internal & external customer satisfaction


• Satisfactory profit margin on projects.

Education

• First degree in Accounting, Finance or related disciplines


• MBA will be an added advantage

Experience:

• Minimum of 5 years proven working experience as a Financial Analyst.


• Experience in forex management for business operations


• Experience with statistical analysis and financial forecasting


• Abreast of industry updates

Professional Membership:

• ACA, ACCA or CFA - any of these is preferred.

Knowledge & Skills:

The incumbent must have proficient knowledge in the following areas:

• Corporate Finance


• Financial Planning & Strategy


• Cost Accounting


• Forex Management


• Capex Management


• Financial Modelling & valuation


• Understanding of moderately complex Accounting Concepts and Generally Accepted Accounting Principles (GAAP) and IFRS


• Financial Budgeting and Forecasting


• Knowledge of ERP tools used to store, retrieve, and analyse financial information


• Attention to detail and the ability to identify financial data patterns


• Excellent client-facing and internal communication skills


• Excellent written and verbal communication skills


• Solid organizational and multi-tasking skills.