• Application Deadline: Thu, 29 Feb 2024 00:00:00 GMT
• Position: Financial Analyst


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Description 

• Track and monitor budgeted expense provisions against actual spend monthly, quarterly, and annually for all utilities entities.


• Gather, review, update, and analyze industry data/market intel/benchmark information, financial reports, and other key metrics on similar industry players as Alaro Utilities’ companies.


• Compile documentation required for periodic submission to regulators, stakeholders, and all utilities entities.


• Develop and monitor profit and loss statements for all utilities entities.


• Maintain records and monitor cash flow to ensure that there are enough funds available to pay bills on time for all utilities entities.


• Review reports on cash inflows and outflows and make adjustments as needed to ensure that there is enough cash available to meet company needs.


• Monitor and track energy, water, and data accounting through the tracking of metered information from generation source in comparison with distributed and last-mile use to monitor aggregate technical, commercial, and collection losses (ATC&C) for all utilities entities.


• Support billing and reconciliation exercises for all clients and customers of all utilities entities.


• Ensure that all expenditures are within the allocated budget and align with company goals.


• Assist with the preparation and coordination of annual business plans.


• Assist with the preparation and coordination of monthly management reporting for all utilities entities.


• Conduct financial and commercial analysis of all new utilities business opportunities.


• Develop and maintain up-to-date demand forecast and profile for all utilities entities.


• Maintain business plans and financial models for all utilities entities.


• Upgrade and maintain core business models, including power, water, telecoms, and gas.


• Collaborate with executives, project managers, and cross-departmental leadership to set budget goals and monitor spending trends.


• Create high-quality presentations for senior management.


• Perform other responsibilities as assigned from time to time by the line manager.

For Real Estate Development:

• Conduct financial and commercial analysis of new land sales, new development projects, and other business opportunities presented for approval by senior management.


• Create and maintain business plans and financial models for real estate developments.


• Upgrade and maintain core business models, including power, water, and telecoms.


• Contribute to strategy development and implementation in relation to existing and new businesses.


• Maintain investor information memoranda for real estate and other projects.


• Contribute to deal origination and execution.


• Assist with the preparation and coordination of annual business plans.


• Assist with the preparation and coordination of monthly management reporting.


• Create high-quality presentations for senior management.

Requirements

Hard skills and experience:

• Minimum Bachelor’s Degree.


• Minimum of five years of experience in an Analyst role.


• CPA or ACCA or CFA certification required.


• Very strong analytical skills.


• Experience in the real estate or construction industry is highly desirable.

Soft skills:

• Mature, pragmatic, and flexible approach, strong commercial judgment.


• Team player but comfortable working autonomously.


• Strong written and verbal communication skills.


• Good attention to detail.


• Rigorous and organized approach.


• Hands-on, ready to roll up the sleeves.


• Ability to multi-task, establish priorities, and maintain organization in a rapidly changing environment.

Personal characteristics:

• High energy.


• Result-oriented.


• Strong work ethic.


• Ability to work effectively under pressure.

Additional Information

• The role of Financial Analyst reports to the Head of Finance and is based in Alaro City. The start date is immediate, and the indicative remuneration is negotiable.