Junior Financial Analyst at Kuda

Kuda is a full service, app-based digital bank. Our mission is to be the go-to bank not just for those living on the African continent, but also for the African diaspora wherever they might live, anywhere in the world. Kuda is free of ridiculous banking charges and great at helping customers budget, spend smartly and save more. We raised the largest seed round ever seen in Africa, and completed a Series A funding round in February 2021, led by some of the world’s smartest venture capital investors. With offices in London (our HQ), Lagos and Cape Town, and further offices opening across Africa during 2021, Kuda is fast becoming recognised as the leading ‘Neobank’ for Africans.

To help us grow into the company that can bring meaningful change to the way people across Africa get access to great financial products and services in order to take control of their personal finances, we are actively looking for bright, talented, driven people who are excited by our mission. If this sounds like a great way to spend your valuable time, then please get in touch with us.

Job Position: Junior Financial Analyst

Job Location: Lagos

Job Description

• We are looking for a Junior Financial Analyst (based in Lagos) to support the Group Financial Controller (based in Cape Town) by analyzing financial data focusing on SaaS and other operating costs relative to the customer base and revenue, assisting with budgeting, and contributing to the financial reporting processes.

Job Responsibilities

1. Reporting to and working closely with the  Group Financial Controller, where your main areas of focus would be maintaining the SaaS management system and all related reporting. There will be benchmarking of various operating costs and preparing common size P&Ls.
2. SaaS Management: Working in the SaaS management tool to maintain, update ad and remove licenses. Work with the SaaS owners to prepare renewal packs. Extract and manipulate data from the platform to draw out key insights. Working with IS Admin to ensure all employees’ emails are in sync.
3. Posting and expensing/amortizing of SaaS costs: working with the AP clerk and financial accountant to ensure that prepaid SaaS costs are correctly recorded and amortized according to usage.
4. SaaS cost management and budgeting: Analyzing the cost on a monthly basis identifying cost drivers and building this into the annual budget and forecast.
5. Operating cost review: decomposing the entire indirect cost base (excluding workforce planning) to facilitate actual to budget variance analysis. This will form the basis for bottom up budgeting with the department owners.
6. Benchmarking of costs: Using common sized P&L and market information to perform cost comparisons across the group.
7. Monthly reporting: Preparing monthly reporting packs at department level for actual vs budget analysis.
8. GL management: Ensuring that departmental reporting is up to date and that costs are correctly allocated.
9. Work Independently: as the role is based in Lagos, the individual will report into Group Financial Controller (based in Cape Town) with the dotted line reporting into local Management.

Job Requirements

• Bachelors of Accounting and or Finance
• 1 – 3 years Financial Services or regulated business.
• Intermediate to advanced excel/google sheets proficiency.
• Familiar with IFRS
• Working with teams across various geographic jurisdictions
• Strong interpersonal and business partnering skills
• Excellent written and verbal communication
• Knowledge of the SaaS landscape would be advantageous.

Expectations – Key skills and competencies:
Skills:

1. Organisation
2. Prioritisation
3. Time management
4. Communication
5. Problem-solving
6. Creative thinking.

Competencies (Behaviours):

1. Relationship building
2. Resilience
3. Collaboration
4. Innovative
5. Adaptability
6. Attention to Detail
7. A self-starting approach
8. Accountability.

Benefits
At Kuda, our people are the heart of our business, so we prioritize your welfare. We offer a wide range of competitive benefits in areas including but not limited to:

1. A great and upbeat work environment populated by a multinational team
2. Career development & growth
3. Access to world-class L&D
4. We are advocates of work-life balance and offer a 3 day per week remote working option
5. Competitive annual leave
6. Competitive pension
7. Perkbox
8. Life assurance
9. We are advocates of work-life balance and offer a 3 day per week remote working option
10. and more…

How to Apply
Interested and qualified candidates should:
Click here to apply online

Note

1. Kuda are proud to be an equal opportunity employer. We value diversity and anyone seeking employment at Kuda is considered based on merit, qualifications, competence and talent.
2. We don’t regard colour, religion, race, national origin, sexual orientation, ancestry, citizenship, sex, marital or family status, disability, gender, or any other legally protected status.