Financial Analyst at IPI Power Tech Nigeria Limited

IPI Power Tech Nigeria Limited is a member of the IPT PowerTech group of companies that delivers specialized solutions to the power, industrial and telecom sectors in Africa, the Middle East and neighboring countries. Since our inception in 1993, we have grown into a leading power solutions company, combining power expertise with telecom infrastructure specialization.

We are recruiting to fill the position below:

Job Title: Financial Analyst

Location: Lagos
Job Type: Full time

Purpose of the Job (Brief)

• The role of the financial analyst is to develop, maintain financial principles, practices and procedures that cover the full spectrum of financial and cost account functions.

Essential Functions

• Financial Modelling: Building and maintaining complex financial models to analyse and forecast financial performance, including income statements, balance sheets, and cash flow statements
• Data Analysis: Analysing financial data and trends to provide insights and recommendations to management for decision-making purposes.
• Budgeting and Forecasting: Assisting in the preparation of budgets and forecasts by gathering and analysing financial data, identifying trends, and providing input on assumptions.
• Financial Reporting: Preparing and presenting financial reports and presentations to management and stakeholders, including variance analysis and explanations of financial performance.
• Financial Planning and Analysis (FP&A): Collaborating with business units to develop financial plans and forecasts, track performance against targets, and provide insights into business performance.
• Cost Analysis: Analysing cost structures and cost drivers to identify opportunities for cost optimization and efficiency improvements.
• Ad Hoc Financial Analysis: Conducting ad hoc financial analysis and special projects as requested by management, such as scenario analysis, profitability analysis, or M&A analysis.

Educational Level
Must have:

• First Degree in Finance / Accounting.

Working Experience:

• 6 - 8 years’ experience in similar role.
• At least 6 years in a managerial role related discipline
• Professional Accounting Certification (ICAN, ACA, and ACCA) is required.

Desirable / Added advantage:

• An MBA will be an added advantage
• Membership of a relevant professional body.
• Knowledge of IFRS standards
• Expert knowledge of financial systems and processes
• Relevant experience in audit and costing is an added advantage.

Qualifications / Skills / Abilities:

• Ability to work independently and highly meticulous
• Attention to detail and accuracy
• Ability to interact with staff at all levels
• Excellent verbal and written communication skills
• Good strategic planning skills
• Strong analytical skills
• Assertive, persistent and diligent
• Ability to manage confidential information
• Ability to organize and plan activities efficiently
• Ability to work with a team.

Application Closing Date
Not Specified.