Financial Analyst

Job Title: Financial Analyst

Department: Financial Planning & Accounts
Location: Maryland, Lagos
Industry: Microfinance Banking
Salary: Attractive and Competitive

 Job Summary

We are seeking a highly analytical and detail-oriented Financial Analyst to join our team. The ideal candidate will be responsible for evaluating financial data, preparing insightful reports, and supporting strategic decision-making within the organization.

The role also involves assessing credit and financial risks, analyzing investment opportunities, and providing data-driven insights to enhance the Microfinance Bank’s financial performance and ensure regulatory compliance.

 Key Responsibilities

• Analyze and interpret financial statements (Income Statement, Statement of Financial Position, and Cash Flow Statement)
• Identify trends in income, expenses, and overall profitability

• Develop financial models for forecasting, budgeting, and investment analysis

• Conduct variance analysis between budgeted and actual performance
• Monitor key performance indicators (KPIs) and provide actionable insights
• Conduct market research and competitor analysis to guide business strategies

• Collaborate with cross-functional teams to assess financial impact of projects
• Evaluate financial risks and support risk management initiatives

• Analyze investment opportunities and provide recommendations
• Forecast returns, risks, and market trends
• Ensure compliance with financial reporting standards and banking regulations

• Track economic trends, industry developments, and competitor performance
• Support the Head of Treasury in managing and optimizing the investment portfolio
• Provide data-driven insights to support management decisions

• Conduct financial analysis across various business units

• Perform any other duties as assigned

 Key Performance Indicators (KPIs)

• Timeliness and accuracy of financial reports and analyses
• Number of actionable, data-driven recommendations delivered quarterly
• Variance levels between projected and actual financial performance
• Accuracy and reliability of forecasts and financial models

 Job Requirements

• Bachelor’s degree in Finance, Accounting, or a related field (Master’s degree is an added advantage)
• Professional certifications such as ACA, ACCA, CFA, or equivalent
• Proven experience as a Financial Analyst or in a similar role, preferably within a large organization
• Strong proficiency in Microsoft Excel and other Microsoft Office tools
• Sound knowledge of financial modeling and data analysis tools
• Strong understanding of accounting principles and financial reporting standards

 Skills & Competencies

• Strong analytical and problem-solving skills
• High level of integrity and professionalism
• Excellent attention to detail
• Strong communication and interpersonal skills
• Ability to work collaboratively in a team environment
• Familiarity with business intelligence tools (e.g., Power BI, Tableau)
• Experience with ERP systems (e.g., SAP, Oracle NetSuite, Microsoft Dynamics 365)

How to Apply

Interested and qualified candidate should apply using the link below: https://bit.ly/4mkkC4V