Financial Business Analyst at Pagatech Limited

Location: Yaba, Lagos
Sector: Consumer Finance
Grade Level: Financial Business Analyst 4 - Grade 8
Reports To: Finance Manager, Financial Planning & Analysis
Department: Finance

About the Role

• Paga is looking for a passionate, self-driven and experienced Financial Business Analyst to join our team!
• As the Financial Business Analyst, you will be responsible for managing, developing, and overseeing the financial models and performance KPI in your assigned business unit(s).
• You will be responsible for analysing and advising business unit heads of their current and future expenditures for maximum ROI and project performance.
• The ideal candidate will be well-versed in financial models, excel formulas and functions, and capable of creating cost-effective budgets for future projects.
• He/She will also be responsible for developing, proposing, and implementing plans to reduce financial risks and lower costs as well as participate in project audits.

Primary Responsibilities

• Assist Finance Manager in monitoring and analysing financial accounts/performance on a monthly, quarterly, and annual basis
• Create financial models to analyse trends, make financial projections, and assess financial risks
• Review and monitor annual budget; prepare quarterly budget review reports
• Develop standardised financial management and reporting tools; create internal control systems to ensure good financial management and enable early detection of fraud or errors
• Grow financial performance of business units through analysis of financial results, forecasts, variances, and trends
• Analyse business unit financial data and create financial models for decision support
• Create recommendations on financial/operational performance of the business unit to be presented to management and executives
• Analyse past results, perform variance analysis, identify trends, and make recommendations for improvements
• Work closely with the financial and accounting operations team to ensure accurate financial reporting
• Guide the cost analysis process by establishing and enforcing policies and procedures
• Provide analysis of trends and forecasts and recommend actions for optimisation
• Recommend actions by analysing 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
• Conduct comparable analysis and market research to support internal financial analysis
• Maintain a strong financial analysis foundation creating forecasts and models.

Knowledge and Skill Requirements

• Bachelor's Degree with a minimum of a 2:1 in Finance, Accounting or any related field and have a professional qualification (ACCA, ICAN, CIMA) in view
• Minimum 5 years experience in financial analysis
• Proficiency across data, financial and strategy analysis
• Broad experience and knowledge of accounting and reporting standards
• Excellent written and verbal communication skills
• Experience in communicating and influencing senior stakeholders
• Advanced computer software skills, including Excel macros and other accounting packages
• Must have completed the mandatory NYSC.

Key Competencies:

• An analytical approach to work
• Commercial and business awareness
• Strong attention to detail and an investigative nature
• Good time management skills and the ability to prioritise
• The capacity to make quick but rational decisions
• Problem-solving skills and initiative
• Ability to streamline functions and passion to learn and grow
• Strong interpersonal skills, including written and oral communication skills
• Comfort dealing with ambiguity and the ability to work independently
• Experience working with, and presenting to, senior executives
• Strong financial modelling experience
• Integrity and high personal ethical standards.