Product Finance Analyst at the Concept Group

The Concept Group is a holding company for companies established in 1992. Subsidiaries under the Group include: Rosabon Financial Services - Nigeria’s Leading Financial Intermediary and Equipment Leasing Company, Concept Nova - Bespoke Enterprise IT Solutions Company, Percy Aitkins - Bureau De Change.

We are recruiting to fill the position below:

Job Title: Product Finance Analyst

Location: Yaba, Lagos
Employment Type: Full-time

Scope and Impact

• The Product Finance Analyst is responsible for analyzing financial data, market trends, and customer needs to develop financial products that meet the needs of our clients.
• In addition, they are responsible for analyzing the sales and marketing department's financial data and performance to ensure they are well positioned for optimal growth and profit, significantly impacting the success of the business and the client &financial well-being .

Job Summary

• The role of the Product Finance Analyst encompasses working with the product team and all other stakeholders within the organization to ensure that products are launched successfully and meet our clients' needs and they are well positioned for optimal growth and profit.

Duties & Responsibilities

• Conduct market research and analyze financial data to identify market trends and customer needs
• Work with the product development team to develop and launch new financial products
• Analyze the performance of existing financial products and recommend changes to improve profitability and customer satisfaction
• Develop and maintain financial models to forecast product performance and profitability
• Collaborate with marketing and sales teams to develop effective product marketing strategies
• Track risks & opportunities
• Monitor and analyze industry trends and competitor activity to ensure our products remain competitive in the market
• Conduct ad hoc analysis to identify trends, drive insights and decision making
• Find the narrative behind the numbers that connects everything together
• Analyze sales and marketing departments financial data and performance to ensure they are well positioned for optimal growth and profit.

Qualifications / Requirements

• Candidates should possess an HND / B.Sc in Accounting, Economics, Banking & Finance or any Finance related discipline.
• 3+ years of experience in product development & financial analysis
• Membership in any relevant professional body e.g., ICAN, ACCA, CFA etc. is an added advantage.

Job Knowledge:

• Must have good knowledge of the Nigerian financial market and regulatory environment
• Must have strong knowledge of financial products and services (lending and investments).
• Must have a strong understanding of market trends, consumer behavior, and pricing strategies
• Must be knowledgeable on product development methodologies
• Must be knowledgeable on project management
• Must be familiar with financial modeling tools and techniques
• Must be able to conduct product life cycle analysis
• Must have a good understanding of marketing and sales strategies
• Must have knowledge on strategy creation for product adoption

Skills / Competencies:

• Strong grasp of financial, economic, and business principles.
• Excellent research and analysis skills
• Ability to work collaboratively with cross-functional teams
• Ability to work independently and effectively in a team
• Excellent analytical, decision-making, and problem-solving skills
• Strong attention to details and accuracy
• Critical thinking and problem resolution skills
• Must be technologically savvy
• Excellent organizational, planning, communication and interpersonal skills
• Competence to analyze financial and non-financial data
• Ability to manage multiple projects and deadlines
• Ability to effectively exchange information, in verbal or written form, by sharing ideas, reporting facts and other information, responding to questions, and employing active listening techniques
• Proficiency in Microsoft Excel and other financial modeling tools
• Professionalism, proactiveness and drive

Application Closing Date
4th August, 2023.