Financial Planning and Reporting Analyst

Leadway Assurance Company Limited was founded in 1970. Sir (Dr.) Hassan O. Odukale, (KJW, D.Sc., FCIIN). It has a chequered history of being a company with close attention to relationships, having started operations as a direct motor insurance company. Soon the relationship developed to a stage where it has established a deep relationship with the brokers’ network in Nigeria, enjoying 80% of its current business from this source.
We are recruiting to fill the position below:
Job Title: Financial Planning and Reporting Analyst
Location: Lagos
Reports To: Head, Business Performance
Unit: FP&A
Department: Finance
Grade: Analyst
Job Purpose

This role is expected to provide valuable insights driven by data into the Company’s business operations for effective business decision making.

This objective will be achieved through effective:

Business performance analysis and reporting
Periodic forecasting and Variance analysis
Business case/Scenario modelling
Business data input monitoring for accuracy
Capital Budgeting and Expenditure planning.

Key Accountabilities (Duties and Responsibilities)

Perspective:
% Weight:
Output:

Financial
40%

Prepare Management Expenses Analysis Report
Prepare Revenue Analysis Report
Prepare Peer Review on Financial Activities
Periodic forecasting – revenue and expense
Data visualization and actionable reporting using Power BI
Preparing financial models and templates as required for insight
Work closely with the accounting team to ensure accurate financial reporting
Support budgeting and forecasting activities, Annual budget preparation
Use data and analysis to generate insights to create and format PowerPoint presentations incorporating data tables, graphs and design elements
Review General Ledger entries feeding into report analysis.

Internal Business Process

30%

Aid in the capital budgeting and expenditure planning processes
Analysis of variations of current plans versus historical performance and budget/forecast. Variance analysis, identify trends, and make recommendations for improvements
Extracting systems data, reconciling and ensuring data integrity and accuracy.
Analysis of data and providing insight into the variances against actual performance
Manage and report on operational spending
Follow up with Reporting schedule.

Customer
20%

Ensure the completeness and reliability of financial report for various users
Create, organize, prepare and maintain regular and ad hoc reports
Make various report accessible for users when needed.

Learning and Growth
10%

Deepen employee knowledge on Economic issues and its effects on the Insurance industry
Understand Finance Procedures, Processes, and Metrics/Ratios
Create career maps on personal development.

Ideal Job Specifications
Academic:

A Bachelor's Degree / Higher National Diploma in Accounting or related field
A professional qualification in ICAN, ACCA and other recognized accounting Professional Institutions will be an added advantage.
Other Certification Courses (FMVA, Data Analytics/Data Science, etc.).

Essential Skills:

Advanced knowledge of Microsoft Excel and other related packages
Experience using Power BI, Tableau and SQL
Experience using Prophix business performance system.

Desired Work Experience:

At most 3 years’ work-experience
Strong analytical skill and attention to detail
Tech Savvy & Data analytics
Advanced competency in accounting and business management software
Advanced knowledge of Microsoft Excel and other related packages
Experience using PowerBi, Tableau and SQL
Quick learner with a positive attitude, able to work efficiently under pressure while meeting deadlines.
Experience in analyzing information and processes.

Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online