Finance and Investment Officer at Mottainai Recycling

Mottainai Recycling - We employ a strategic business approach to provide sustainable environmental solutions for waste creators, waste managers and governments.

We are recruiting to fill the position below:

Job Title: Finance and Investment Officer

Location: Ibadan, Oyo
Employment Type: Full-time

Description

• The Finance and Investment Officer will have the responsibility of evaluating financial assets for the purpose of influencing equity, loan and grant investment decisions. This person identifies potential investments for different tiers of investments and debt financing, researches business financials, and advises the board and management.
• The officer also contribute to financial decision-making through in-depth analyses of market trends and performance, and portfolio financial activities.
• The officer supports management planning and decision making by providing analysis and reporting on key financial information emanating from business operations, cash flow, income, and expenses.The role also supports cost and revenue optimization by generating and monitoring forecasts, budgets, and risk analysis.

Responsibilities

• Producing effective financial models for integration into decision-making processes.
• Responsible for carrying out financial valuations for capital financing and strategic planning using discounted cash flow analysis and comparable company analysis.
• Creating financial models to formulate a view of the company share price.
• Monitoring and presenting to management the opinions of the investment community regarding the company’s performance.
• Prepare quarterly and annual reports, producing up-to-date information about the company’s operations, and financial statements to current and potential shareholders.
• Data analysis, presentations, and data visualization from internally sourced data and third-party analysis.
• Research model creation through information collection and preparation.
• Advising company management on decisions regarding identifying and approaching suitable and potential investors through investor targeting.
• Working with the Corporate sustainability team and partnerships to raise funding through grants or series
• Perform comprehensive competition analysis including financial metrics and differentiation.
• Manage the investor database and design strategies for communications at investors’ events and trade showcase
• Identifying critical areas of business performance for other stakeholders
• Performing financial due diligence and analysis on prospective projects and recommending an investment decision.
• Creating financial models that enhance the return on investment of projects and financial planning.
• Preparing financial documents for presentation to potential and current investors on specific investments- loan applications, information memoranda, and prospectus.
• Analyzing company accounts and financial projections and advising the company on how to best position its investments.
• Providing updates on financial markets activities in order to right position the company in the local and the global market.
• Preparing documentation for portfolio businesses to get funding.
• Prepare and maintain accurate financial records and reports.
• Manage accounts payable and receivable, including reconciling vendor statements and processing payments.
• Ensure sufficiency of funds to meet operational and capital investment requirements
• Maintain payment relationship with the suppliers.
• Prepare reports on the company’s assets, financial performance, liquidity and main risks.
• Liaise with other departments to ensure timely preparation and review of financial accounts.
• Prepare timely, regular management accounts for the company.
• Prepare consolidated financial statements in accordance with International Financial Reporting Standard (IFRS).
• Conduct regular audits of company financial records to ensure accuracy and compliance with accounting standards.
• Prepare and file taxes, including sales tax and property tax returns.
• Develop and implement financial policies and procedures to ensure compliance with legal requirements and company objectives.
• Collaborate with other departments to ensure accurate reporting and timely resolution of any discrepancies.
• Participate in budget preparation and ongoing monitoring of financial performance.
• Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements.
• Provide support to internal and external auditors during financial audits.
• Maintain documented system of accounting policies and procedures.
• Improve the company’s accounting operations, especially the control systems, transaction-processing operations, policies and procedures.
• Forecast cash flow positions and available funds for investment.
• Assist in preparation of investment reports.
• Implement financial risk controls for all bank accounts, portfolios and funds of the company.
• Perform regular risk/return analysis on across the company’s asset classes/operations.
• Schedule regular compliance reviews in accordance with internal policies, procedures and practices.
• Manage the preparation of company’s budget and in delivering the budget process.
• Timely reporting to management on budget variances and rational for such variances.
• Support financial analysis as needed, in particular for capital investments, pricing decisions and contract negotiations.
• Compile key business metrics, financial results and report them to management timely and regularly.
• Reconciling financial discrepancies by collecting and analysing account information.
• Tracking all receivables and liaise with appropriate departments for collections.
• Preparing asset, liability, and capital account entries by compiling and analysing account information.
• Preparation and payment of Commissions to Company Consultant and Partners.
• Summarizing current financial status by collecting information; preparing a balance sheet, profit and loss statement, and other reports.
• Invoice preparation and receipt generation
• Maintaining petty cash and handling daily cash
• Train other Junior accountant officer under watch.
• Ensuring that accounting entries are entered accurately into the accounting software.
• Preparing periodic financial reports that compare budget costs and actual costs.
• Ensuring all documents and their respective supports are filed appropriately.
• Documenting financial transactions by entering account information.
• Petty cash and handling daily cash

Requirements

• Bachelor's Degree in Accounting, Finance, or a related field.
• At least 4 years of relevant experience in providing financial/accounting services largely unsupervised.
• Experience in an investment bank or capacity would be an added advantage.
• Experience in waste management and recycling
• Startup experience working as financial analyst
• Experience using SAGE, Quickbooks and other accounting software.
• Should possess business planning skills including financial modeling and budgeting.
• Should have a proven ability to achieve and surpass targets.
• Proven knowledge of financial forecasting and diagnosis, corporate finance, and information analysis.
• Proficiency in management accounting
• Advanced Proficiency in Word, Excel, Outlook, and PowerPoint.
• Must demonstrate skills in communication, negotiation, and presentation.
• Strong knowledge of accounting principles and procedures.
• Solid knowledge of all other finance operations including treasury, payments, accounting for foreign exchange transactions, controls in high volume either in financial sector or waste management.
• Strong analytical skill set
• Strong combination of technical, leadership, written & oral communication, team collaboration and interpersonal skills
• Proficiency in managing projects&programs and maintaining metrics
• Thorough understanding of Generally Accepted Accounting Principles (GAAP)
• Extensive understanding of financial trends both within the company and general market patterns;
• Working knowledge of all statutory legislation and regulations
• Experience with general ledger accounting and financial statement preparation.
• Strong attention to detail and ability to work independently with minimal supervision.
• Excellent written and verbal communication skills, with the ability to communicate financial information to both technical and non-technical audiences.
• Ability to prioritize multiple tasks and meet deadlines in a fast-paced environment.
• Professional qualification such as ACA, ACCA or CFA

Language Requirements:

• Fluency in both written and spoken English.

Salary
N250,000 - N400,000 / month.

How to Apply
Interested and qualified candidates should send their Curriculum Vitae and Cover Letter to: [email protected] using the Job Title as the subject of the mail.

Application Deadline  27th February, 2023.

Note

• Curriculum vitae without cover letter will be automatically discarded.
• Only applicants resident in Ibadan are to apply.
• Applications without proper consideration to relocate will be automatically discarded