Financial Analyst at Food Concepts Plc

Food Concepts commenced operations in 2001. From inception, our aim has been clear-cut and focused: to revolutionize the food sector in West Africa and to deliver extraordinary satisfaction to our stakeholders.

Since launching in 2004, Chicken Republic (Subsidiary of Food concepts) has already opened 55 stores in Nigeria and Ghana. On this basis, we are proud of the brand’s hard-earned reputation as the fastest growing chicken QSR in West Africa and the number 1 chicken QSR in Nigeria (both in revenues and number of outlets). In addition, Chicken Republic was ranked as one of Nigeria’s top 20 brands across all categories (Financial Standards Awards 2009).

We are recruiting to fill the position below:

Job Title: Financial Analyst

Location: Nigeria
Grade Level: 4
Department: FP&A
Reports to (Title): FP&A Manager

Job Purpose

• The Financial Analyst will provide analytical and financial analysis support for the various projects within the Group.

Core Responsibilities and Key Result Areas
Financial Analysis:

• Assemble and summarize data to structure sophisticated reports on financial status and risks
• Develop financial models, conduct benchmarking, and process analysis
• Critically analyze past results, perform variance analysis, identify trends, and make recommendations for improvements to HOD
• Consolidate and analyze financial data, considering company’s goals and financial standing
• Provide creative alternatives and recommendations to reduce costs and improve financial performance
• Conduct investment appraisals on capital projects using world class assessment tools such as NPV, IRR and ROI

Business Analysis:

• Perform market and competitive research, data mining, business intelligence and valuations
• Provide support in planning, budgeting, and forecasting

Key Performance Indicators

• Timely provision of the financial models necessary to support business strategies
• Timely provision of the analytical and analysis reports
• Timely preparation of the investment appraisal analysis

Requirements
Educational Requirements:

• Bachelor’s Degree in Economics, Finance, Business, or related field

Professional Requirements: 

• Membership of the ACCA, ACA or any other related professional qualification is required.

Experience Requirements:

• Minimum of 2-3 years’ experience as financial analyst, or similar role.
• Experience in a Consulting firm in a similar role is an asset

Knowledge Requirements:

• Demonstrates good research, quantitative, and analytical skills
• Excellent attention to detail
• Competent in software programs such as Microsoft Office, Excel and power point
• Highest standards of accuracy and precision; highly organized
• Demonstrates commercial and economic awareness, including an awareness of global economic factors that can influence the Food & Beverage and QSR industry
• Ability to think creatively, highly driven and self-motivated
• Knowledge of written and verbal communication skills

Decision Expectations:

• Acts on defined procedures and decisions
• Enforces agreed decisions
• Conduct cost/benefit and other types of analyses
• Explain and defend recommendations to management and stakeholders

Working Conditions:

• The Job holder typically work 40 hours per week, Monday to Friday, although some roles may involve weekend or evening work.
• This role is largely office-based, as it involves a lot of research work and analysis.

Contacts and Purpose of Contact
Internal Contacts (most frequent contacts)

• Heads of Departments
• Operations Managers
• Key job holders in the department

External Contacts (most frequent contacts):

• Service Providers/ Vendors

Purpose of Contact

• Exchange or provide information
• Obtain, clarify, and discuss information
• Present, discuss information and problems
• Collaborate, negotiate and present ideas
• Deal with influence or motivate subordinates
• Promote, justify or settle highly sensitive matters

Application Closing Date
Not Specified