Financial Planning Specialist at Mixta Nigeria

Position Overview

• We are seeking a meticulous and experienced Financial Planning Specialist responsible for building and maintaining detailed financial models, performing variance analysis, and ensuring data integrity across financial planning systems.
• Supports the team in analysing and developing reports for assigned projects.

Key Responsibilities
Financial Planning and Analysis:

• Build and maintain detailed financial models for assigned projects using Excel and other financial planning tools.
• Update existing financial models with actual performance data and revised assumptions.
• Perform sensitivity analysis and scenario modelling to assess project outcomes.
• Review financial models for accuracy and consistency with established standards.
• Document model assumptions, calculations, and methodologies.

Data Collection and Forecasting:

• Gather financial and operational data from various departments (Sales, Operations, etc.).
• Validate data accuracy and completeness, investigating and resolving discrepancies.
• Analyze historical data to identify trends and patterns for forecasting.
• Support the development of project budgets and forecasts.
• Maintain databases of historical performance metrics and assumptions.

Financial Reporting:

• Prepare monthly/quarterly financial performance reports for assigned projects.
• Create clear and concise presentations of financial analysis for management review.
• Generate standard and ad-hoc reports as requested by team leadership.
• Ensure reports are delivered according to established timelines.
• Design and update reporting templates to improve efficiency.

Variance Analysis:

• Compare actual project performance against budgeted figures.
• Identify significant variances and investigate root causes.
• Document explanations for variances from stakeholders.
• Track and report on key performance indicators.
• Suggest potential corrective actions based on variance analysis.

Project Support:

• Participate in project review meetings to provide financial insights.
• Support the development of business cases for new initiatives.
• Assist in financial evaluation of project alternative.
• Maintain project documentation and files.
• Collaborate with cross-functional teams to gather required information.

Data Management:

• Ensure data integrity in financial planning systems.
• Maintain organized records of all financial analyses and reports.
• Document processes and procedures for financial planning activities.
• Support process improvement initiatives.
• Keep track of version control for financial models and reports.

Team Support:

• Assist senior team members with complex analyses and special projects.
• Contribute to the development of best practices and standards.
• Help prepare materials for management presentations.
• Support knowledge sharing within the team.
• Flag potential issues or concerns to team leadership promptly.

Deliverables

• Accurate financial models for assigned projects.
• Regular financial reports and analysis.
• Data analysis and supporting documentation.
• Variance analysis reports.
• Customized financial reports and presentation.

Time Allocation:

• Financial Analysis: 50%
• Report Preparation: 25%
• Data Collection and Management: 15%
• Administrative: 10%

Qualifications
Education:

• Bachelor's Degree in Finance, Accounting, or related field.

Experience:

• 2-5 years of experience in financial analysis or planning.

Professional Certification:

• Pursuit (ACCA/CFA) would be an advantage.

Key Skills:

• Strong analytical skills with attention to detail.
• Proficiency in financial modelling and analysis.
• Advanced Excel skill.
• Good understanding of financial concepts.
• Ability to work effectively in a team environment.
• Strong written and verbal communication skills.