Overview

FairMoney Nigeria is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.

Job Position: Senior Financial Modelling & Variance Analyst

Job Location: Lagos

Job Responsibilities
Variance Analysis:

  • Track and analyse variances between actuals and forecasts across products and entities.
  • Build and maintain dashboards to visualize and communicate variance trends.
  • Investigate and report on the driving factors behind variances.
  • Track and report on budget performance, highlighting variances and suggesting corrective actions where needed.

Treasury and Liquidity Analysis:

  • Conduct weekly and monthly liquidity analyses to optimize cash flow management.
  • Monitor and report on the company’s liquidity position, forecasting future cash flows.
  • Identify and mitigate potential liquidity risks.

Model Maintenance:

  • Monitor and maintain forecasting models to ensure their accuracy and relevance.
  • Assist in making necessary adjustments and updates to models based on changing conditions.

Budgeting and Forecasting:

  • Assist in the annual budgeting process, collaborating closely with cross-functional teams to gather necessary data and assumptions.
  • Support the development and refinement of budget models, ensuring alignment with the company’s strategic goals.
  • Provide insightful analysis and recommendations to improve budgeting accuracy and efficiency.

Financial Analysis:

  • Conduct ad hoc financial analyses to support strategic decision-making.
  • Provide detailed financial data and insights to senior management.
  • Prepare comprehensive reports and presentations for key stakeholders.

Job Requirements

  • Bachelor’s Degree in Finance, Science, or Engineering.
  • Proficient in a coding language, ideally MATLAB, Python, R or SAS or similar.
  • Strong SQL skills.
  • Advanced Excel modeling skills.
  • Solid understanding of PowerPoint for creating impactful presentations.
  • In-depth knowledge of banking and financial services, including business models and unit economics.
  • Strong analytical and problem-solving abilities, with a keen eye for detail.
  • Critical thinking skills, with the ability to evaluate complex situations and make informed decisions.
  • Excellent communication and interpersonal skills.
  • A team player with a collaborative mindset and a strong desire to learn.

Recruitment process

  • Screening call with a Recruiter: 30 mins
  • Technical Interview with hiring manager (Head- Financial Forecasting): 1 hr

Benefits

  • Private Health Insurance
  • Pension Plan
  • Training & Development
  • Hybrid work
  • Paid Time Off

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

Tagged as: Finance