Financial Analyst at Golden Oil Industries Limited

Golden Oil Industries Limited was incorporated in Nigeria on 8th September 1988. Golden Oil Industries Limited has grown into a household name in Nigeria's edible oil's industry. The company's focus is to provide healthy oil as a cooking medium to its customers. The company is Nigeria's trusted name for supply of refined palm oil, palm kernel oil, olein, soybean Oil, stearin, soybean meal, soy lecithin, and palm kernel de-oiled cake. Our oils are used as healthy cooking medium. Soybean meal and palm kernel de-oiled cake are used in premier poultry / animal feed.

The company's products have been duly certified by the appropriate regulatory agencies Such as the National Agency for Food and Drug Administration and Control (NAFDAC), Standard Organization of Nigeria (SON) and National Environmental Standards and Regulations Enforcement Agency (NESREA). Golden Oil has modern processing technology and plants, which can be compared to worldwide standards. The company has highly trained seasoned oil experts, who's commitment is to delivering healthy oil to Nigerian consumers.

We are recruiting to fill the position below:

Job Title: Financial Analyst

Location: Lagos

Job Description

• Need to apply for RSSF & DCRR Facilities as an when request comes from Management.
• Responsible for timely renewal/enhancement of Bank facilities.
• Monitoring of Bank facilities & its due dates and arrange for repayment plan.
• Attending to Banks requests like clarification on financial & non-financial data.
• Should be well versed with financial projections, cash flows and ratios.
• Need to have exposure over Banking Risk & credit compliances.
• Preparation of Letters to Banks as and when required related to Loans disbursement, liquidation, Clarification on any loan products, Roll Over of loans and for related activities etc
• Collaborating with cross-functional teams and stakeholders to provide financial guidance and recommendations for preparing financials projections.
• Preparing presentations and dashboards to communicate financial results and insights to senior management and external parties as and when required.
• Periodical Scrutiny on Interest charges and liaison with banks for clarifications and necessary actions.
• Should have knowledge over different types of schemes in BOI, CBN, NEXIM and advise management for better decision making.
• Need to have hands on experience in handling Bank LC’s, Biddings & NXPs and should assist import & Export team.
• Preparation of Project Reports as and when required by Management.
• Need to Liaise with Staff in Dubai office & Dubai banks for confirmations on LC payments.

Requirements

• A Master's Degree in Finance, Accounting, Economics, or a related field or its equivalent degree.
• At least 8-10 years of experience as a financial analyst (preference will be given if they have worked in Credit Department-Banking Industry)
• Proficiency in Excel, PowerPoint, and other financial software tools
• Strong analytical, problem-solving, and communication skills
• Attention to detail and accuracy
• Ability to work independently and as part of a team
• Knowledge of accounting principles and standards

Application Closing Date
19th November, 2023.