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Financial Planning and Reporting Analyst at Leadway Assurance Company Limited

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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:
Financial40%Prepare Management Expenses Analysis ReportPrepare Revenue Analysis ReportPrepare Peer Review on Financial ActivitiesPeriodic forecasting – revenue and expenseData visualization and actionable reporting using Power BIPreparing financial models and templates as required for insightWork closely with the accounting team to ensure accurate financial reportingSupport budgeting and forecasting activities, Annual budget preparationUse data and analysis to generate insights to create and format PowerPoint presentations incorporating data tables, graphs and design elementsReview General Ledger entries feeding into report analysis.
Internal Business Process30%Aid in the capital budgeting and expenditure planning processesAnalysis of variations of current plans versus historical performance and budget/forecast. Variance analysis, identify trends, and make recommendations for improvementsExtracting systems data, reconciling and ensuring data integrity and accuracy.Analysis of data and providing insight into the variances against actual performanceManage and report on operational spendingFollow up with Reporting schedule.
Customer20%Ensure the completeness and reliability of financial report for various usersCreate, organize, prepare and maintain regular and ad hoc reportsMake various report accessible for users when needed.
Learning and Growth10%Deepen employee knowledge on Economic issues and its effects on the Insurance industryUnderstand Finance Procedures, Processes, and Metrics/RatiosCreate career maps on personal development.
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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

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