Financial Analyst at Centre for Community Development and Research Network (CCDRN)

Job Summary

• The Finance Analyst at CCDRN Head Office will analyze financial data, create financial models, and prepare financial forecasting and reporting to support decision-making.
• S/hewill ensures accurate financial reporting and compliance with regulatory and statutory filings and provides financial management services for CCDRN operations and donor-funded projects.

Primary Responsibilities
Financial Analysis and Reporting:

• Perform financial forecasting, reporting, and operational metrics tracking.
• Analyze financial data and create financial models to support decision-making.
• Report on financial performance and prepare for regular leadership reviews.
• Conduct variance analysis, identify trends, and make recommendations for improvements.
• Evaluate financial performance by comparing and analyzing actual results with plans and forecasts.
• Provide insights on trends and forecasts and recommend actions for optimization.

Financial Management and Process Improvement:

• Guide the cost analysis process by establishing and enforcing policies and procedures.
• Identify and drive process improvements, including creating standard and ad-hoc reports, tools, and Excel dashboards.
• Develop automated reporting and forecasting tools to increase productivity.
• Ensure accurate and timely financial reporting, including preparing quarterly and annual financial statements.

Accounting and Bookkeeping:

• Provide accounting and bookkeeping services for CCDRN’s operations and donor-funded projects.
• Ensure partner accounts are complete, current, and stored appropriately.
• Ensure timely and accurate invoicing and proper archiving of financial records.
• Perform weekly account reconciliations and ensure proper financial documentation for the Senior Management Team (SMT).

Compliance and Regulatory Filings:

• Coordinate all regulatory and statutory filings to ensure financial regulations and legislation compliance.
• Liaise with clients, auditors, and tax consultants to address financial matters.

Risk Management and Financial Optimization:

• Track CCDRN's financial status and performance to identify areas for potential improvement.
• Seek methods for minimizing financial risk to CCDRN.
• Research and analyze financial reports and market trends to provide insights for decision-making.

Stakeholder Engagement and Communication:

• Present financial reports to SMT, stakeholders, and clients during formal meetings.
• Provide senior executives with insights and expectations to aid in long-term and short-term decision-making.

Policies and Procedures:

• Establish and maintain financial policies and procedures for CCDRN.
• Stay up to date with technological advances and accounting software for financial purposes.
• Ensure adherence to financial regulations and legislation.

Other Responsibilities:

• Perform any other duties commensurate with the position as assigned by management.

Requirements
Education and Experience:

• Bachelor’s Degree (minimum of Second Class) in Accounting, Banking, Finance, or related fields.
• Previous work experience in a similar role, preferably in financial reporting for non-profit organizations.
• Extensive understanding of financial trends within the organization and in general market patterns.

Technical Skills:

• Proficient in Excel, QuickBooks, and other financial software.
• Strong understanding of financial statistics and accounting principles.
• Knowledge of data privacy standards and financial regulations.

Competencies and Abilities:

• Strong interpersonal, communication, and presentation skills.
• Proven ability to manage, guide, and lead employees to ensure proper financial processes.
• Excellent problem-solving, independent thinking, and decision-making skills.
• Strong organizational and management skills, with the ability to plan, schedule, and meet deliverables on time.
• A high degree of trustworthiness, discretion, and confidentiality.

Additional Requirements:

• Willingness to travel to any part of the country, especially the Northeast region of Nigeria.
• Ability to work effectively with senior management, colleagues, and external stakeholders.
• Strong facilitation, team-building, and coordination skills.