Paga is a licensed financial services company and a leading payments company in Nigeria with a massive transformative purpose - to make it simple for one billion people to access and use money. It was founded on the simple belief that the ubiquity of mobile phones can be leveraged in building an ecosystem that enables people to digitally send and receive money and creating simple financial access for everyone.
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
Note: We are an equal opportunity employer and value diversity and inclusion. We do not discriminate on grounds of colour, race, nationality, religion, age, ethnic origin, disability, gender, marital status, or sexual orientation in our employment practices.