Workatele

Senior Finance Analyst at eMedic Store, Lagos , Nigeria

eMedic Store

Senior Finance Analyst at eMedic Store, Lagos , Nigeria

eMedic Store

Full time Job

Date Posted: October 23, 2023

Application deadline:

Expired on: October 31, 2023 12:00am

Sponsored

Job description

  • The Senior Finance Analyst is a critical asset to eMedic and is responsible for optimizing financial strategies, providing data-driven insights, and ensuring sound fiscal decision-making.
  • With a strong background in finance, data analysis, and strategic planning, you will play a pivotal part in shaping eMedic’s financial health and success.

Responsibilities & Duties

  • Conduct comprehensive financial analysis of operations, including revenue streams, cost of goods sold, inventory management, and fulfillment expenses.
  • Identify trends, key performance indicators, and opportunities for financial improvements.
  • Collaborate with department heads to develop accurate and achievable budgets and financial forecasts.
  • Monitor financial performance against budgets, analyze variances, and work with stakeholders to implement corrective actions as needed.
  • Prepare timely and accurate financial reports, such as income statements, balance sheets, and cash flow statements.
  • Present financial insights to senior management to facilitate informed decision-making.
  • Analyze inventory levels, turnover rates, and pricing strategies to optimize inventory control and ensure appropriate stock levels for various products.
  • Evaluate the cost structure of fulfillment, supplies, and other operational expenses.
  • Provide data-driven recommendations to enhance cost efficiency while maintaining the highest quality standards.
  • Develop and maintain financial models to support business decisions, assess different growth scenarios, and aid in long-term financial planning.
  • Ensure adherence to financial regulations and accounting standards specific to the industry.
  • Collaborate with compliance teams to implement and maintain internal controls and best practices.
  • Assist in preparing for internal and external audits by providing accurate financial documentation and explanations.
  • Address any audit findings and implement recommended improvements.
  • Oversee the accurate and organized recording of financial transactions in the company’s accounting systems.
  • Perform periodic reconciliations to ensure data integrity.
  • Provide financial advice and guidance to management on matters such as pricing strategies, investment opportunities, and expansion initiatives.
  • Stay informed about industry trends, changes in regulations, and market developments that may impact the company’s financial performance.

Qualifications & Skills

  • Bachelor’s Degree in Finance, Accounting, Economics, or a related field.
  • 5-10 years proven experience as a finance analyst or a similar role
  • Relevant certifications such as Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA), Institute of Chartered Accountants of Nigeria (ICAN), Financial Analyst (CFA), or Certified Management Accountant(CMA) are a plus.
  • Thorough knowledge of accounting principles, financial regulations, and compliance standards (e.g., GAAP, IFRS).
  • Proficiency using financial software and accounting systems (e.g. SAP, Oracle, Quickbooks) for data management and analysis
  • Experience with financial audits and preparation of audit documentation.
  • Relevant prior experience in tech or related field
  • Demonstrated capability in managing financial data warehouses and effectively visualizing financial insights.
  • A willingness to stay updated with industry trends, changes in financial regulations, and advancements in financial technology.
  • Willingness to stay updated with industry trends, changes in financial regulations
  • Assist in mergers and acquisitions (M&A).
  • Understanding of tax laws, financial reporting requirements, and internal controls.

Application deadline:

Expired on: October 31, 2023

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