Career Opportunities: Financial Analyst Associate (2047)

Requisition ID 2047 - Posted  - Nigeria

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Financial Analyst Associate

Job Description of Financial Analysis Associate

Job Title:

Financial Analyst Associate

Location:

Head Office

Grade Level:

Department:

Corporate Strategy

Reports to (Title):

Head, Corporate Strategy

 Direct Reports:

-

Job Purpose

To provide in-depth financial and business analysis, support strategic decision-making, and drive margin improvement through accurate reporting, cost optimization, and insightful financial modelling. This position works collaboratively with other cross functional teams to obtain the information needed to identify areas of action for driving successful business results.

Core Responsibilities and Key Result Areas

Financial Analysis

• Analyse detailed financial information along with current and past trends in key performance indicators to provide accurate and timely financial and operational in-depth analysis.
• Support the financial analyst to drive margin improvement through accurate financial information and analysis.
• Present reports on general economic trends, individual corporations and whole industries.
• Creating financial models on performing business units, customer, competitors and cost analysis
• Work closely with the financial analyst on any ad-hoc analysis required for management.

Business Analysis and Research

• Recipe costing and pricing analysis
• Regularly update raw material prices to hedge against inflation
• Conduct business studies, review accounts, vendor reports, contractual terms, prices and market oscillations.
• Perform budget and cost analysis, reviewing and advisory of financial status.
• Consult and participate in studies of new and existing products/projects to determine feasibility, resolve problems including organizational, procedural, technical and fiscal research and analysis

Key Performance Indicators

• Quality of business recommendations
• Increase in revenue attributed to solutions/recommendations
• Profitability of findings from business studies
• Decrease in cost attributed to solutions/recommendations

Knowledge Requirements

• Demonstrates good research, quantitative, and analytical skills
• Excellent attention to detail
• Presentation and Excel Skills
• Develop insightful presentations and slides with data.
• Exceptional financial modelling and scenario analysis skills, with an expert understanding of Microsoft Excel and PowerPoint
• Competent in financial software applications
• 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

Requirements

Educational Requirements

Professional Requirements

Experience Requirements

• Bachelor’s degree in Accounting or related field

Membership of ICAN/ACCA or any other related professional qualification is required.

-Minimum of 3 years’ experience as financial analyst, business analyst or similar role.

-Experience in a QSR company in a similar role is an asset

Decision Expectations

• Strategic pricing adjustment
• Margin improvement initiatives
• New Products feasibility and viability.
• Financial performance review.

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 large data gathering, analysis and reporting.

Contacts and Purpose of Contact

Internal Contacts (most frequent contacts)

Purpose of Contact

• Quality Department

• Pie production units and Central Kitchen managers

• Key job holders in the department

• 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

External Contacts (most frequent contacts)

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