Senior Financial Modelling & Variance Analyst at FairMoney

FairMoney Nigeria is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.

We are recruiting to fill the position below:

Job Title: Senior Financial Modelling & Variance Analyst

Location: Lagos
Employment Type: Full-time

Key Responsibilities
Variance Analysis:

• Track and analyse variances between actuals and forecasts across products and entities.
• Build and maintain dashboards to visualize and communicate variance trends.
• Investigate and report on the driving factors behind variances.
• Track and report on budget performance, highlighting variances and suggesting corrective actions where needed.

Treasury and Liquidity Analysis:

• Conduct weekly and monthly liquidity analyses to optimize cash flow management.
• Monitor and report on the company’s liquidity position, forecasting future cash flows.
• Identify and mitigate potential liquidity risks.

Model Maintenance:

• Monitor and maintain forecasting models to ensure their accuracy and relevance.
• Assist in making necessary adjustments and updates to models based on changing conditions.

Budgeting and Forecasting:

• Assist in the annual budgeting process, collaborating closely with cross-functional teams to gather necessary data and assumptions.
• Support the development and refinement of budget models, ensuring alignment with the company’s strategic goals.
• Provide insightful analysis and recommendations to improve budgeting accuracy and efficiency.

Financial Analysis:

• Conduct ad hoc financial analyses to support strategic decision-making.
• Provide detailed financial data and insights to senior management.
• Prepare comprehensive reports and presentations for key stakeholders.

Required Skills & Qualifications

• Bachelor's Degree in Finance, Science, or Engineering.
• Proficient in a coding language, ideally MATLAB, Python, R or SAS or similar.
• Strong SQL skills.
• Advanced Excel modeling skills.
• Solid understanding of PowerPoint for creating impactful presentations.
• In-depth knowledge of banking and financial services, including business models and unit economics.
• Strong analytical and problem-solving abilities, with a keen eye for detail.
• Critical thinking skills, with the ability to evaluate complex situations and make informed decisions.
• Excellent communication and interpersonal skills.
• A team player with a collaborative mindset and a strong desire to learn.

Recruitment process

• Screening call with a Recruiter: 30 mins
• Technical Interview with hiring manager (Head- Financial Forecasting): 1 hr

Benefits

• Private Health Insurance
• Pension Plan
• Training & Development
• Hybrid work
• Paid Time Off

Application Closing Date
Not Specified.