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  • Posted: Oct 20, 2023
    Deadline: Not specified
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    emedic store is an online specialised marketplace for pharmaceutical and medical products. We harness the power of technology to deliver innovative, convenient, and affordable online goods and services to consumers.
    Read more about this company

     

    Senior Finance Analyst

    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.

    Method of Application

    Interested and qualified candidates should forward their CV to: hr@emedicstore.org using the position as subject of email.

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