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.