Financial Analyst

1 week ago

Lagos, Nigeria MacTay Consulting Full time

Role Description

  • This is a full-time on-site role for a Financial Analyst for our client in Lagos.
  • The Financial Analyst will be responsible for financial planning, analyzing financial data, preparing financial statements, financial reporting, and assisting in finance-related tasks to support the organization's financial goals. This role requires a strong background in financial modeling, financial analysis, and strategic planning.
  • The Finance Manager will work closely with senior management to provide insights and recommendations that drive business performance and support the company’s strategic objectives. 

Key Responsibilities:

Financial Modeling and Forecasting:

  • Develop, maintain, and enhance comprehensive financial models to support budgeting, forecasting, and long-term strategic planning.
  • Conduct scenario analysis and sensitivity testing to inform strategic decisions and assess potential risks and opportunities.

Financial Analysis:

  • Analyze financial data to identify trends, variances, and opportunities for cost savings or revenue enhancement.
  • Prepare detailed financial reports and presentations for senior management, highlighting key insights and recommendations.

Performance Management:

  • Establish and monitor key performance indicators KPIs to evaluate the financial and operational performance of the company.
  • Develop and implement performance management frameworks to ensure alignment with strategic goals and objectives.
  • Work closely with department heads to track performance against budgets and forecasts, providing actionable insights to improve business outcomes.

Budgeting and Planning:

  • Lead the annual budgeting process, coordinating with various departments to ensure accurate and timely submissions.
  • Monitor budget adherence and provide variance analysis to management on a regular basis.

Strategic Support:

  • Collaborate with senior leadership to develop and execute financial strategies that support FibreWorld’s growth objectives.
  • Provide financial input for strategic initiatives, including new product launches, market expansion, and capital investments.

Risk Management:

  • Identify financial risks and develop strategies to mitigate them, ensuring the company’s financial health and sustainability.
  • Ensure compliance with financial regulations and standards.

Requirements

  • Financial Planning and Analytical Skills
  • Experience in preparing Financial Statements and Financial Reporting. 3 years minimum experience.
  • Strong background in Finance
  • Excellent attention to detail and accuracy in financial analysis
  • Bachelor's degree in Finance, Accounting, Economics, or related field
  • Proficiency in financial analysis tools and software
  • ICAN/ACCA certified.

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