Senior Analyst, Financial Reporting at Credit Direct Limited October, 2023

Job Summary

• We are seeking a dynamic and seasoned Senior Financial Reporting Analyst who will directly report to the Chief Finance Officer.
• This role entails supervising a diverse range of responsibilities encompassing financial control and treasury functions.
• This includes fostering staff growth, collaborating with various departments, and identifying areas necessitating enhancements or transformations.

Job Responsibilities: – 

General Responsibilities:

• Orchestrating the enhancement of Accounting and Financial Processes and steering the development of the finance team to attain peak performance and best practices.
• Playing an active role in crafting and overseeing accounting policies and procedures, ensuring alignment with both current and future business models.
• Overseeing and mentoring junior staff members, encompassing aspects like recruitment, discipline, and performance evaluations.
• Providing advice on delivering cost-effective and streamlined accounting and financial systems, policies, and processes that cater to current and future business needs.
• Cultivating a positive and vibrant image of the Finance team within the larger organization.

Budgeting Responsibilities:

• Actively participating in the annual business plan development and budgeting process and lending ongoing financial modeling and analysis expertise to Executive Management. This supports the formulation of long-term strategic initiatives and business plans.
• Coordinating the formulation of the annual budget and assisting in the creation of revised monthly forecasts.
• Scrutinizing, analyzing, and reporting on departmental/office budgets, expenditures, and variances. Exercising control over approved financial plans and budgets. Facilitating fund reprogramming as per approved guidelines and policy.

Reporting Responsibilities:

• Preparing and presenting monthly and year-to-date financial statements for Credit Direct Limited, accompanied by comprehensive analysis of outcomes. This involves variance analysis of monthly and year-to-date figures for the Income Statement and Statement of Financial Position.
• Taking an active role in preparing presentations for Board and Board Finance Committee meetings.
• Directly overseeing the external audit of the organization’s financial statements, scrutinizing and assessing results, and recommending approval for the Audited Financial Statements. Collaborating with external auditors to ensure compliance with all essential requirements.
• Supervising the month-end reporting to the Central Bank of Nigeria, with monthly returns submitted by the 5th day of the subsequent month.
• Providing oversight and guidance on accounting entries for various transactions.
• Managing general ledger accounts including receivables, prepayments, accruals, revenue, depreciation, costs, property, and operating expenses.

Job Requirements: 

• Minimum of second-class upper bachelor’s degree in finance, economics, or a related field.
• Possess professional qualifications such as ACA, ACCA or equivalent.
• Minimum of 5 years’ experience in the same or core finance role.
• Demonstrates the ability to institute controls and innovative processes.
• Proficient in financial modeling, Microsoft excel and PowerPoint.
• Exhibits excellent verbal and written communication skills.
• Possesses a robust understanding of accounting principles and practices.

Person Specification: 

• A proven track record of maintaining high standards in financial reporting, controls, and processes.
• Meticulous attention to detail and accuracy in handling financial data and analysis.
• A proactive mindset, identifying opportunities for financial growth and operational enhancements.
• Capability to drive projects independently and embrace calculated risks.
• Strong interpersonal skills, fostering effective collaboration across teams and departments.
• Ability to convey financial insights and concepts in a relatable manner.
• Demonstrated ability to translate financial insights into actionable strategies, contributing to organizational goals.
• Effective project management skills, ensuring timely completion of tasks and projects.