JOB TITLE: Budget & Financial Analyst
JOB LOCATION: Lagos
JOB DETAILS:
- Assist in managing Egbin’s budget preparation and monitoring process including preparation of relevant reports to assist Management’s decision making.
Key Duties and Responsibilities
- Assist in circulating the annual business planning guidelines and provide assistance to other budget holders during the planning process in conjunction with the performance and planning unit.
- Develop consolidated budget pack for review and approval the Management Account & Budget Manager.
- Monitor approved budget allocations, revenue, and expenditure and highlight variances for the attention of the Head, Management Account & Budget.
- Carry out primary review and validation of budget data presented by various units and or highlight major inconsistencies/shortcomings.
- Carry out initial review & analysis for consistency of data, validation with other operational information and present to head of the section.
- Ensure the reporting of monthly financial performance of each unit and business generating centres (BGCs)
- Carry out variance analysis of major performance parameters with that of budgets forecasts and highlights underlying business/operational causes of variation
- Carry out studies and research of relevant authoritative source of macroeconomic data to gather basic information on budgetary assumption.
- Prepare first drafts of relevant periodic and/ or ad hoc reports.
- Assist in generating monthly management accounts, business performance statements, noting major deviations from budget, and risk areas.
- Participate in the analysis of operational results and proffer recommendations to management.
- Obtain key insights on industry (competitors) and economic analysis and recommend areas of improvement (If any)
- Provide analytic insight using trend analysis on key operational performance and accounting indices
- Financial forecast to aid business decision making
- Prepare monthly financial investments analysis and suggest best alternatives for fund based on economic performance
- Perform any other duties as may be assigned by the Head Budget, Planning and Business Performance.
Education and Work Experience
- Bachelor’s Degree or its equivalent in Accounting, Finance, Economics or any other related discipline.
- Relevant professional qualifications such as ACA, CIMA, CPA, ACCA will be an added advantage.
- Five (5) – Eight (8) years relevant experience.
Skills and Competencies:
- Good understanding of trends, challenges, opportunities, regulations and legislations relating to the power sector.
- In-depth knowledge of IFRS, finance best practices and other applicable reporting and accounting standards.
- Working knowledge of accounting packages and systems, including a standard ERP software.
- Good report writing and presentation skills
- Ability to extract, manipulate and analyze large volumes of data and strong problem-solving skills
- Strong interpersonal, communication and negotiation skills
- High sense of responsibility, accountability and dependability
- Good oral and written communication skills
- Good problem-solving skills.
- High ethical standards and integrity.
- Proficiency in the use of MS Office tools.
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Note: Only shortlisted candidates will be contacted.
Deadline: April 15, 2022
Job Features
Job Category | Analyst/ Quality Control |