Finance Associate (Fund Sourcing) at 21Search Limited

21Search focuses on deploying its resources towards providing a range of Manpower and Administrative Services tailored to meet your needs.

We are recruiting to fill the position below:

Job Title: Finance Associate (Fund Sourcing)

Location: Victoria Island, Lagos
Job type: Hybrid, Full time

Job Summary

• We are seeking a highly skilled and proactive Finance Associate to join our group of companies. The primary responsibility of this role is to source and secure funding for various projects across the organization.
• The ideal candidate should have a strong background in financial planning, modeling, analysis, and forecasting. This role requires someone with an exceptional understanding of financing strategies, the ability to analyze and present financial data, and a drive to engage with stakeholders to fulfill the organization’s funding needs.

Key Responsibilities

• Identify, evaluate, and secure funding options (such as loans, grants, and investments) for projects across the group.
• Develop and maintain relationships with banks, financial institutions, investors, and other funding sources.
• Prepare and submit financial proposals, business plans, and other required documentation for funding applications.
• Negotiate terms and conditions for funding arrangements to secure favorable terms.
• Develop and maintain detailed financial models to support project funding needs and to forecast future financial performance.
• Prepare and analyze budget forecasts, cash flow projections, and financial statements for proposed projects.
• Conduct risk assessments to evaluate the financial viability and potential return on investment of projects.
• Build and maintain comprehensive financial models to support project funding initiatives and strategic planning.
• Conduct sensitivity analysis and scenario planning to provide insights into various funding options and their financial impacts.
• Use forecasting techniques to predict project profitability and long-term financial sustainability.
• Collaborate with internal departments to gather project information and develop funding strategies aligned with company goals.
• Communicate regularly with partnersand relevant stakeholders to present funding strategies and project financial performance.
• Act as a key liaison between the finance department and external funding partners, ensuring clarity and transparency.
• Prepare regular reports for management on project funding status, financial health, and funding performance metrics.
• Ensure all funding activities are compliant with financial regulations, reporting standards, and company policies.
• Provide post-funding monitoring and ensure adherence to agreed financial covenants and reporting requirements.

Requirements

• HND / BSc in Finance, Accounting, Economicsor a related field. A Master’s degree or relevant professional certification (e.g.ICAN, ACCA) is a plus.
• Minimum of 3-5 years of experience in finance, with a strong focus on financial planning, analysis, modeling, and funding.
• Proficiency in financial modeling, forecasting, and advanced MS Excel techniques.
• Knowledge of financial reporting standards, funding regulations, and compliance requirements.
• Familiarity with financial planning softwares.
• Strong analytical skills with the ability to interpret complex financial data and create actionable insights.
• Excellent written and verbal communication skills, with the ability to present financial information clearly to both financial and non-financial stakeholders.
• Ability to build and maintain relationships with external funders and internal teams.
• Meticulous attention to detail, with a strong focus on accuracy and data integrity.

Key Competencies:

• Deep understanding of financing structures, financial analysis, and fund sourcing.
• Ability to align funding strategies with organizational objectives and long-term goals.
• Skilled at identifying and solving financial challenges related to funding and project finance.
• Comfortable working in a dynamic environment with changing priorities and multiple projects.

Application Closing Date
2nd December, 2024.