Finance Specialist – Budgeting, Analysis & Reporting at Opass Limited

Our company is recruiting on before of our client in the finance industry. See detalis below:

Salary: 250,000 monthly (Gross)

Objective/ Purpose:

• Provide analysis, advice, and counsel regarding finance, participate in budget, prepare reports and contribute to projects such as those related to benchmarking and process improvement.
• Responsible for analyzing financial statements and inspecting and predicting future performance of the company.
• Assist in the development of short and long range financial and budgetary data; advice, and counsel regarding finance and budget matters;
• Responsible for budget planning processes; monitor revenue and spending as assigned;

Functionally Reports To:

Finance Manager

Job Duties / responsibilities/Accountabilities:

Treasury & Operations

• Grow financial performance through analysis of financial results, forecasts, variances, and trends.
• Create recommendations to be presented to management and executives
• Develop financial models to support valuation, planning, and forecasting
• Aid in the capital budgeting and expenditure planning processes
• Reconcile existing transactions through cross-referencing of incoming and outgoing data
• Conduct comparable analysis and market research to support internal financial analysis
• Responsible for maintaining up-to-date technical knowledge on financial instruments, market conditions and trends.
• Perform financial forecasting, reporting, and operational metrics tracking
• Analyze financial data – and create financial models for decision support
• Report on financial performance and prepare for regular leadership reviews
• Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements
• Work closely with the accounting team to ensure accurate financial reporting and decision support
• Evaluate financial performance by comparing and analyzing actual results with plans and forecasts
• Guide cost analysis process by establishing and enforcing policies and procedures
• Provide analysis of trends and forecasts and recommend actions for optimization
• Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials
• Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards
• Increase productivity by developing automated reporting/forecasting tools
• Perform market research, data mining, business intelligence, and valuation comps
• Maintain a strong financial analysis foundation creating forecasts and models.
• Cash reconciliations, payment date accounting, monthly reporting and report production, daily
• modelling, analysis and reporting and financial Analysis.
• Perform monthly balance sheet, income statement and changes in financial position/budget variance analysis
• Prepare financial reports, charts, tables and other exhibits as requested
• Provide timely, relevant and accurate reporting & analysis of the results of the division’s performance against historical, budgeted, forecasted and strategic planning results to facilitate decision-making toward the achievement of the budget and strategic plan.
• Administer budget activities, such as assisting with the preparation of and gathering of data for annual
• and biennial operating budgets and reports, and preparing, reviewing, and/or approving budget entries in financial information system.
• Examine and suggest financial opportunities (e.g. insurance plans, investments)
• Analyzing budgetary expenditures for compliance with approved budget
• Assist in developing sound plans and budgets
• Analyzing budgetary expenditures for compliance with approved budget

Education Qualification:

• BSc/HND in Finance, Accounting, Economics or Statistics from a recognized institution
• MBA is an added advantage

Professional Qualification:

Membership of relevant Industry/Professional Association

Experience

• Minimum of Five (5) years’ experience in a similar position
• Proven work experience in a quantitatively heavy role.

Functional/ Technical:

• Developing Standards
• Quality Management
• Problem Solving
• Statistical Analysis
• Reporting
• Strong analytical and data gathering skills
• Strong interpersonal skills, including written and oral communication skills
• Excellent communication and presentation skills; be comfortable interacting with executive-level management.
• Strong financial modelling experience
• Accuracy of report

Competence Requirements:

• Proficient in spreadsheets, databases, MS Office and financial software applications financial modelling and techniques
• knowledge of financial forecasting and diagnosis, corporate finance and information analysis
• Knowledge of financial subjects, accounting, tax laws, money market and business environments
• Thorough understanding of Generally Accepted Accounting Principles (GAAP) and knowledge of Statutory accounting principles.
• Proficiency with Microsoft Excel is mentioned in virtually any financial analyst job description; familiarity with
• data query/data management tools extremely helpful (Access, SQL, Business Objects)
• PC / Personal Productivity tools-Excel, Word, Power Point

Behavioural:

• Ability to streamline functions and passion to learn and grow
• Comfort dealing with ambiguity and ability to work independently
• Ability to multi-task and work in a challenging fast paced environment
• Maturity, Team Spirt, professionalism, and high level of discretion are required
• Dealing with stress
• Adaptability
• Detailed
• Result Oriented
• Resilience
• Smartness
• Integrity
• Pro-activity