Finance Analyst at Afriglobal Medicare Limited

Afriglobal Medicare Limited is a state-of-the-art diagnostic center with special attention to patient care. We are amongst the top three integrated chain of diagnostic centers in Nigeria where patient care comes first. Our core services include Radiology, Pathology, and Cardiology testing. We also offer affordable wellness packages for every member of the society.

We are recruiting to fill the position below:

Job Title: Finance Analyst

Location: Lagos
Employment Type: Full-time
Work Structure: On-site

Job Summary

The Finance Analyst will analyse financial information, perform cost analysis, optimize budget plans, research market rate and intelligence for key business costs and adjust the company ledger to accurately reflect balance sheets.

Job Responsibilities

Develop cost standards for materials and other cost component.
Design and implement cost accounting systems.
Maintain cost accounting system and cost ledger.
Analyze product costs and recommending changes.
Analyze operations, equipment availability and utilization.
Oversee quarterly and annual physical inventory.
Prepare all inventory-related journal entries at month end.
Perform month-end cost accounting close.
Forecast expense and suggest opportunities to increase efficiency
Perform life cycle cost-benefit analysis.
Analyze inventory valuations.
Monitor unit cost variance against budgeted cost
Prepare cost of goods sold and consumption reports.
Collect and organize cost information into a database.
Determine and calculate formulas for fixed and variable costs.
Plan budgets and prepare reports for multiple departments within a company.
Review receipts and compare with actual charges to detect inaccuracies.
Prepare cost forecasts for monthly, quarterly, or annual operating schedules
Analyze month-end and year-end reports to identify and recommend cost-effective improvements.

Person Specification

Candidates should possess a Bachelor’s Degree qualification
Proven work experience within the FMCG, Healthcare, Pharmaceutical or Manufacturing industry with at least 5 years relevant experience
Demonstrable understanding of Generally Accepted Accounting Principles (GAAP)
In-depth knowledge of product cost analysis
Sound knowledge of cost accounting
In-depth knowledge of accounting principles and best practices
Familiarity with accounting software programs, such as Tally and Microsoft dynamics
Proven time management skills and ability to work under strict deadlines
Respect for confidentiality of information laws and local ethics
Expertise in activity-based costing for fixed and variable costs in relation to the overall direct cost of a line of products
Strong knowledge of internal finance policies and procedures and applicable financial specifications
Good understanding of international and local tax and regulatory framework
Good appreciation and working knowledge of office productivity tools.
Very good understanding of financial ethics
Previous experience in manufacturing or have good Bill of Material skills.
Wiling to travel to other centers across Nigeria.
Preferably, CIMA qualified.