Commercial Finance Associate at Kuda Bank

Kuda is a full service, app-based digital bank. Our mission is to be the go-to bank not just for those living on the African continent, but also for the African diaspora wherever they might live, anywhere in the world. Kuda is free of ridiculous banking charges and great at helping customers budget, spend smartly and save more. We raised the largest seed round ever seen in Africa, and completed a Series A funding round in February 2021, led by some of the world's smartest venture capital investors. With offices in London (our HQ), Lagos and Cape Town, and further offices opening across Africa during 2021, Kuda is fast becoming recognised as the leading 'Neobank' for Africans.

To help us grow into the company that can bring meaningful change to the way people across Africa get access to great financial products and services in order to take control of their personal finances, we are actively looking for bright, talented, driven people who are excited by our mission. If this sounds like a great way to spend your valuable time, then please get in touch with us.

We are recruiting to fill the position below:

Job Title: Commercial Finance Associate

Location: Lagos
Job Type: Full Time
Department: Tech

Responsibilities

• Providing financial support and analysis to the Products and other divisions, including cost analysis, budgeting and forecasting.
• Collaborating with operational teams to understand and support business initiatives, and ensuring financial decisions align with overall company strategy.
• Collecting, compiling, and analyzing financial and operational data to support decision-making.
• Monitoring and reporting on the financial performance of assigned business areas, including revenue, margins, and return on investment.
• Ensuring compliance with financial policies, procedures and regulations.
• Developing and implementing financial reporting and metrics to provide insight into business performance.
• Providing financial analysis for new business opportunities, including investment analysis and business cases.
• Supporting the preparation of financial presentations for senior management and stakeholders.
• Continuously reviewing and improving financial processes to ensure efficiency and accuracy.
• Work with Business Unit heads to build their annual budgets and forecasts
• Prepares Plans, Updates, and Monthly Reporting that meet timing and quality of presentation requirements, facilitating management review and decision making while ensuring the integrity of the data and compliance with IFRS as well as the client’s company operating policies.

Requirements

• Bachelor's Degree or equivalent in Accounting or Finance related field from a recognized Institution.
• Certified Accountant (ACA, ACCA)
• 5+ years of work experience in Financial, Statutory ,Regulatory Reporting.
• In-depth knowledge of Financial Accounting and other aspect of accounting in general
• In-depth knowledge of Performance Management, Business Units and Product Profitability Reporting.
• Ability to understand Investment transactions and give appropriate accounting interpretation as required by various laws & standards
• Good Knowledge of relevant Accounting standards i.e. IFRS, IAS etc.
• Must have an eye for details and be very observant of hidden issues inside numbers.
• Ability to think out of the box
• Ability to interpret financial reports and gain meaningful insight into it
• Must be highly proficient in the use of Microsoft office application such as Excel, Word, PDF,
• Power Point, Outlook etc. Must be able to use simple accounting application such as Microsoft Dynamics.
• Good Knowledge of Investment applications
• Ability to build accounts from Trial Balance to Final account with notes
• Ability to develop excel spread sheet financial models for various finance reports.
• Ability to learn and be up to speed on new accounting trends and standards.
• Ability to investigate and correct outliers and irregularities in trends of key financial numbers in the books of accounts.

Benefits
Why join Kuda?
At Kuda, our people are the heart of our business, so we prioritize your welfare. We offer a wide range of competitive benefits in areas including but not limited to:

• Pension
• Competitive annual leave plus bank holidays
• Group life insurance
• Health insurance
• L&D training
• We are advocates of work-life balance and offer a 3 day per week remote working option

Application Closing Date
Not Specified.