Job Vacancies at Lidya Nigeria for a Finance Analyst in Lagos

Lidya is a financial services platform to improve access to credit and finance across frontier and emerging markets starting with Nigeria. Launched in November 2016, with a mission to close that yawning credit gap, both in Nigeria and across emerging markets where there is a $2.6 Trillion SME credit gap worldwide.

We are recruiting to fill the position below:

Job Title: Collections Analyst
Location: Lagos
Job Description
The Collections Analyst position is responsible for negotiating payments and settlements on behalf of Lidya to ensure the timely collection of payments from delinquent clients and accurate accounts receivable reporting.

You will work closely with the Collections team and be fully responsible for:

• Debt Settlements: Accurately maintain client records throughout the debt collection process and work with customers to develop, recommend, and enact payment plans to eliminate client debt in an agreed timeframe aligned with Lidya’s collections policy.
• Loan Portfolio Growth: Support the evaluation of loans given to customers by ensuring that credit appraisals are completed properly and uphold monitoring of accounts to identify outstanding debts.
  

Key Tasks and Responsibilities

• Manage all past due accounts and determine the appropriate collection action to be taken for each individual client.
• Collect on delinquent accounts by contacting customers via telephone, email, and visiting the place of business.
• Review terms of contract and service with client and clearly communicate various payment options.
• Compile daily, weekly, and monthly reports on status of delinquent accounts, collection activity, and accounts receivable status.
• Report progress of collections to Supervisor, make recommendations for next steps and write-offs.
• Work cooperatively with other departments to best determine how to balance both the customer’s and Lidya’s needs.

Desired Qualifications

• 1 to 4+ years of experience working in financial services industry as a collections, credit disputes, credit reporting, or fraud resolution analyst.
• Working knowledge of the entire underwriting process from loan application to funds disbursement and collections.
• Bachelor’s degree in Finance, Accounting, Statistics, Mathematics, Engineering, Investments or a related Business discipline.
• Demonstrated experience with managing day to day aspects of client relationships and projects including considerable experience with client negotiations.

Skill set:

• Outstanding customer engagement skills and a passion for maintaining an extraordinary customer experience regardless of client demeanor.
• Superior organization with a demonstration of ownership and taking initiative to accomplish goals.
• Ability to properly identify and analyze key credit risks, strengths and weaknesses of alternative solutions, and best approaches to the problem to reach a prompt and data-driven conclusion.

How to Apply
Interested and qualified candidates should:
Click here to apply

Job Title: Finance Analyst
Location: Lagos
Job Description

• The Finance Analyst position is responsible analyzing financial data and developing profit-focused action plans.
• You will be a fundamental contributor to the fiscal health and success of Lidya with the ability to effectively communicate complex financial information in a clear and concise approach.

You will work closely with the finance team and be fully responsible for:

• Financial Reporting: Researching, monitoring, and analyzing financial data to be a fundamental contributor to the fiscal health and success of Lidya, including but not limited summarizing data to structured reports on Lidya’s and client’s financial status and risks.
• Loan Portfolio Growth: Support the evaluation, authorization and approval of loans given to customers including, ensuring that credit appraisals and documentations are completed properly.

Key tasks and responsibilities

• Coordinating with other members of the finance team to review financial information and forecasts.
• Verification of documentation presented for all loan applications and ensuring they meet KYC, loan assessment and any other documentation as required by the Lidya and by the regulators.
• Managing the cost analysis process by establishing and enforcing policies and procedures.
• Preparing weekly, monthly, quarterly, and yearly operating reports to present to senior management and provision of recommendations for improvements based on trends.
• Supporting the preparation of annual financial information be provided to the external auditors.

Desired Qualifications

• 1 to 4 years+ of experience (preferably commercial) working with an Investment Bank, Commercial Bank, Management Consulting Firm or in a Finance Analyst Role.
• Ability to plan, implement, and administer financial information and control systems. Knowledge of the principles, processes, and standards for integrated financial analysis and reporting.
• Bachelor’s degree in Finance, Accounting, Statistics, Mathematics, Engineering, Investments or a related Business discipline.
• Self-starter with the desire to contribute from day one to supporting Lidya in providing premier financial services.

Skill set:

• Strong analytical skills including the ability to read and assess both individual and company financial statements – profitability, cash flow and debt service capacity analysis + projections.
• Ability to extract data from financial systems, manipulate in offline environments such as Excel, and assist in the preparation of financial models.
• Outstanding communication and interpersonal skills, must be comfortable interacting with senior-level management and making data-driven recommendations.

How to Apply
Interested and qualified candidates should:
Click here to apply