Group Financial Analyst at DIIKINS Food Company Limited

We are DIIKINS Food Company Ltd, and we are a start up company located along Apapa Oshodi Express in the Ijesha area. We are looking to introduce a lot of new fun and innovative products into the Nigerian market and we are looking for great team members to join us achieve this.At DIIKINS Food Company, every employee has the opportunity to make an impact—from marketing and research & development, to manufacturing, finance and sales—each function plays a critical role in our success. By living our values of trust, candor and ownership we create great relationships that help us deliver results and drive meaningful change for our brands and business.Job Title: Group Financial AnalystReports to: Managing DirectorBusiness Purpose/Objective:The Group Financial Analyst is in charge of providing strategic financial analysis and support to the management of the group of companies.Compiling accounting information, producing investment reports and other financial relevant reports and analysis to management for decision making.Core Working Relationships:Managing Director, Warehouse Manager, Operations Manager, Marketing ManagerAccountabilities (Responsibilities) ManagementMaintain a documented system of accounting policies and proceduresManage outsourced functionsOversee the operations of the finance department, including the design of an organizational structure adequate for achieving the department’s goals and objectivesLiaising with auditors to ensure annual monitoring is carried outProducing accurate financial reports weekly, monthly, quarterly, and yearlyFunds ManagementForecast cash flow positions, related borrowing needs, and available funds for investmentEnsure that sufficient funds are available to meet on-going operational and capital investment requirementsUse hedgingto mitigate financial risks related to the interest rates on the companies borrowings, as well as on its foreign exchange positionsMaintain banking relationshipsAssist in determining the companies proper capital structureInvest fundsRecommend appropriate dividend issuances, based on historical dividend patterns and expected cash flowsBudgetingManage the preparation of the companies budgetReport to management on variances from the established budget, and the reasons for those variancesAssist management in the formulation of its overall strategic directionFinancial AnalysisEngage in on-going cost reduction analyses in all areas of each individual company’s expendituresReview the performance of competitors and report on key issues to managementEngage in benchmarking studies to establish areas of potential operational improvementInterpret the companies financial results to management and recommend improvement activities;Review the bottlenecks and recommend changes to improve the overall level of each individual company’s throughputParticipate in target costing activities to create products that meeting predetermined price goalsAssist in the determination of product pricing in relation to features offered and competitor pricingCompile key business metrics and report on them to managementManage the capital budgeting process, based on constraint analysis and discounted cash flow analysisCreate additional analyses and reports as requested by management

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