Financial Analyst at IPI Power Tech Nigeria Limited

Purpose of the Job (Brief)

• The role of the financial analyst is to develop, maintain financial principles, practices and procedures that cover the full spectrum of financial and cost account functions.

Essential Functions

• Financial Modelling: Building and maintaining complex financial models to analyse and forecast financial performance, including income statements, balance sheets, and cash flow statements
• Data Analysis: Analysing financial data and trends to provide insights and recommendations to management for decision-making purposes.
• Budgeting and Forecasting: Assisting in the preparation of budgets and forecasts by gathering and analysing financial data, identifying trends, and providing input on assumptions.
• Financial Reporting: Preparing and presenting financial reports and presentations to management and stakeholders, including variance analysis and explanations of financial performance.
• Financial Planning and Analysis (FP&A): Collaborating with business units to develop financial plans and forecasts, track performance against targets, and provide insights into business performance.
• Cost Analysis: Analysing cost structures and cost drivers to identify opportunities for cost optimization and efficiency improvements.
• Ad Hoc Financial Analysis: Conducting ad hoc financial analysis and special projects as requested by management, such as scenario analysis, profitability analysis, or M&A analysis.

Qualifications/Skills/Abilities

• Ability to work independently and highly meticulous
• Attention to detail and accuracy
• Ability to interact with staff at all levels
• Excellent verbal and written communication skills
• Good strategic planning skills
• Strong analytical skills
• Assertive, persistent and diligent
• Ability to manage confidential information
• Ability to organize and plan activities efficiently
• Ability to work with a team

Educational Level:

Must have:

• First Degree in Finance/Accounting or

Working Experience:

• 6-8 years’ experience in similar role.
• At least 6 years in a managerial role related discipline
• Professional Accounting Certification (ICAN, ACA, and ACCA) is required.

Desirable/Added advantage:

• An MBA will be an added advantage
• Membership of a relevant professional body.
• Knowledge of IFRS standards
• Expert knowledge of financial systems and processes
• Relevant experience in audit and costing is an added advantage