Finance Analyst at SENCE Nigeria

• The Finance Analyst will play a critical role in providing financial analysis, projections, and reporting to support project management and strategic decision-making for our client, an engineer and architects consulting company. This position requires a strong analytical background, proficiency in financial modelling, and the ability to translate complex data into actionable insights. The ideal candidate will possess a deep understanding of project-based finance, cost control, and risk assessment

Responsibilities:

Financial Modelling and Projections:

• Develop and maintain financial models for project cost estimation, revenue forecasting, and profitability analysis.
• Create and analyze financial projections, including cash flow forecasts, budget variance reports, and ROI analyses.
• Conduct scenario planning and sensitivity analysis to assess project risks and opportunities.

Project Cost Control and Analysis:

• Monitor project costs and identify variances from budget.
• Analyze project profitability and provide recommendations for cost optimization.
• Prepare project financial reports for internal and external stakeholders.
• Ensure accurate and timely invoicing and revenue recognition.

Financial Reporting and Analysis:

• Prepare monthly, quarterly, and annual financial reports, including income statements, balance sheets, and cash flow statements.  
• Analyze financial data to identify trends, variances, and opportunities for improvement.
• Provide financial analysis to support strategic planning and decision-making.  

Budgeting and Forecasting:

• Assist in the development and management of the company's annual budget.  
• Prepare rolling forecasts and financial projections.
• Monitor budget performance and provide variance analysis.

Risk Management:

• Assess financial risks associated with projects and provide recommendations for mitigation.
• Develop and implement financial controls to ensure compliance with company policies and regulations.

Collaboration and Communication:

• Collaborate with project managers, engineers, and other stakeholders to provide financial support and guidance.  
• Communicate financial information clearly and effectively to non-financial audiences.
• Present financial findings and recommendations to senior management.

Qualifications:

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 4 years of experience in financial analysis, financial modelling, and project-based finance, preferably in the engineering or consulting industry.
• Strong proficiency in financial modelling and analysis using Excel and other financial software.
• Excellent analytical and problem-solving skills.
• Strong understanding of financial accounting principles and practices.
• Ability to interpret and analyze complex financial data.
• Excellent communication and presentation skills.
• Ability to work independently and as part of a team.  
• Knowledge of project management principles and practices is a plus.
• Experience with financial reporting systems (e.g., ERP systems) is a plus