Financial Analyst at AIICO Insurance Plc

Job Title: Financial Analyst

Activities

• Consolidate and analyze financial data (budgets, income statement forecasts etc) considering company’s goals and financial standing.
• Provide creative alternatives and recommendations to reduce costs and improve financial performance.
• Building annual budgets and forecasts for different business units and consolidating into one master budget.
• Analyse past financial performance, preparing competitor analysis, and examining market trends along with commentary for management.
• Analyse the trends of key performance indicators (KPIs), especially relating to financial metrics of insurance businesses.
• Develop and continually improve budgeting, financial projections, and operating forecasts.
• Creating financial models to predict growth and forecast performance.
• Analyse previous budgets and forecasts and perform variance analysis to explain discrepancies.
• Evaluate new and existing projects, investments, and assets to determine their validity and appraise their value.
• Gain and update job knowledge to remain informed about novelty in the field.
• Consult with management to guide and influence long term and strategic decision making within the broadest scope.
• Support the management team and department leaders with data-driven analysis.
• Drive process improvement and policy development initiatives that impact the function.

Candidate Profile

• B.Sc / BA in Accounting, Finance or relevant field.
• Professional certifications such as ACA, ACCA, CIMA.
• Proven work experience (2 years and above) as a Financial Planning Analyst or similar role.
• Strong knowledge of accounting, data analysis and forecasting methods.
• Proficient in spreadsheets, databases, MS Office and financial software applications.
• Hands on experience with statistical analysis and statistical packages.
• Ability to perform research and compile reports.
• Outstanding presentation, reporting and communication skills.
• Strong attention to detail to produce accurate financial reports and for identifying any irregularities in data.
• Excellent analytical skills to interpret complex financial data and provide actionable business insights.
• Strong communication skills to present financial information clearly to both financial and non-financial stakeholders.
• Leadership: Strong leadership skills with the ability to inspire and motivate teams. Proven track record of managing and developing staff.
• Strategic Thinking: Ability to develop and implement long-term strategies that align with organizational goals. Strong analytical skills and the ability to make data-driven decisions.
• Communication: Excellent communication skills, both written and verbal. Ability to effectively communicate with all levels of the organization and external stakeholders.
• Problem-Solving: Strong problem-solving skills with the ability to identify issues, develop solutions, and implement changes effectively.
• Financial Acumen: Strong understanding of Financial Accounting and Reporting, Budgeting and Forecasting, and financial analysis, and accounting. Ability to perform analytical review.

Application Instructions:

The application deadline is 8th November 2024. Therefore qualified and interested candidates should send their Resume to: [email protected] using the Job Title as the subject of the mail.