Senior Finance Analyst at eMedicStore

Job Overview

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

Additional Details

Job ID
63899
Job Views
95

Job Description



Job Overview:



  • The Senior Finance Analyst is a critical asset to eMedic and is responsible for optimizing financial strategies, providing data-driven insights, and ensuring sound fiscal decision-making. With a strong background in finance, data analysis, and strategic planning, you will play a pivotal part in shaping eMedic's financial health and success.


Responsibilities & Duties:



  • Conduct comprehensive financial analysis of operations, including revenue streams, cost of goods sold, inventory management, and fulfillment expenses.

  • Identify trends, key performance indicators, and opportunities for financial improvements.

  • Collaborate with department heads to develop accurate and achievable budgets and financial forecasts.

  • Monitor financial performance against budgets, analyze variances, and work with stakeholders to implement corrective actions as needed.

  • Prepare timely and accurate financial reports, such as income statements, balance sheets, and cash flow statements.

  • Present financial insights to senior management to facilitate informed decision-making.

  • Analyze inventory levels, turnover rates, and pricing strategies to optimize inventory control and ensure appropriate stock levels for various products.

  • Evaluate the cost structure of fulfillment, supplies, and other operational expenses.

  • Provide data-driven recommendations to enhance cost efficiency while maintaining the highest quality standards.

  • Develop and maintain financial models to support business decisions, assess different growth scenarios, and aid in long-term financial planning.

  • Ensure adherence to financial regulations and accounting standards specific to the industry.

  • Collaborate with compliance teams to implement and maintain internal controls and best practices.

  • Assist in preparing for internal and external audits by providing accurate financial documentation and explanations.

  • Address any audit findings and implement recommended improvements.

  • Oversee the accurate and organized recording of financial transactions in the company's accounting systems.

  • Perform periodic reconciliations to ensure data integrity.

  • Provide financial advice and guidance to management on matters such as pricing strategies, investment opportunities, and expansion initiatives.

  • Stay informed about industry trends, changes in regulations, and market developments that may impact the company's financial performance.


Qualifications & Skills:



  • Bachelor's degree in Finance, Accounting, Economics, or a related field.

  • 5-10 years proven experience as a finance analyst or a similar role

  • Relevant certifications such as Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA), Institute of Chartered Accountants of Nigeria (ICAN), Financial Analyst (CFA), or Certified Management Accountant(CMA) are a plus.

  • Thorough knowledge of accounting principles, financial regulations, and compliance standards (e.g., GAAP, IFRS).

  • Proficiency using financial software and accounting systems (e.g. SAP, Oracle, Quickbooks) for data management and analysis

  • Experience with financial audits and preparation of audit documentation.

  • Relevant prior experience in tech or related field

  • Demonstrated capability in managing financial data warehouses and effectively visualizing financial insights.

  • A willingness to stay updated with industry trends, changes in financial regulations, and advancements in financial technology.

  • Willingness to stay updated with industry trends, changes in financial regulations

  • Assist in mergers and acquisitions (M&A).

  • Understanding of tax laws, financial reporting requirements, and internal controls.


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