Seni Sulyman is featured this week and he explores the much-talked about promising, yet challenging ‘marketplace’ that is Nigeria. His story is definitely a must read as it highlights the existing possibilities in the country and suggests key tips to know. Enjoy!

http://www.movebacktonigeria.com/blog/in-nigeria-like-elsewhere-everything-is-great-until-its-not-seni-sulyman-espouses-nigerias-unique-business-landscape/

We feature a UK-based lawyer this week. Read on to hear her refreshing & candid take on the study and practice of transactional law in the UK, her plans to work in Nigeria & other emerging markets and her tips for people considering making a life or career change. Enjoy!

Read More!
http://www.movebacktonigeria.com/blog/its-never-too-late-to-do-anything-you-want-in-life-banke-adeyemo-shares-her-views-and-experiences-studying-and-practicing-law-in-the-uk/

So far we have interviewed Nigerian professionals and entrepreneurs who had either already moved back home or were in the process of doing so. This week comes with some hard truths from Samson as to why Nigeria has still not seen a massive influx of repatriates as has been observed in some other developing economies. He shares his ideas on how to fix some of the structural issues plaguing the country and what policymakers and stakeholders need to think about in order to create an “enabling” environment in the country.

Read More...
http://www.movebacktonigeria.com/blog/move-back-to-nigeria-not-just-yet-for-uk-based-finance-professional-samson-esemuede/

This young professional studied engineering in the UK and decided to switch careers after discovering that engineering salary packages were not as buoyant as the salaries for investment bankers and has never looked back. In the UK, he worked with the Royal Bank of Scotland (RBS) for a year and then went on to get a Masters in Banking & Securities valuation so as to cross over fully into Banking. He then worked in a payday loan company after graduation and then decided to return to Nigeria to take part in the NYSC scheme. He was posted to one of the top international banks in Nigeria and was thereafter retained. He has also done a couple of professional exams and has just qualified as a Chartered Stockbroker.


Read More
http://www.movebacktonigeria.com/blog/how-you-can-save-more-of-your-earnings-as-an-entry-level-professional-in-lagos/

Do you want to break into Private Equity (PE) and move back to Nigeria at the same time? Well if you thought it was impossible, then fear not because Nigeria has a growing PE industry, so you could be involved in strategies such as leveraged buyouts, venture capital, growth capital, mezzanine capital and distressed investments from the comfort of your office in Victoria Island or Ikoyi.

Read More:
http://www.movebacktonigeria.com/blog/how-to-get-into-private-equity-in-nigeria/

The fashion world is a high stakes, exciting & challenging one particularly in Nigeria and so when we got the opportunity to interview a young woman who's in the process of moving to Nigeria to set up an online fashion brand, we jumped at it! She moved to the UK over a decade ago to study, and after a very interesting and varied career comprising stints in Graphic Design, Marketing & Public Relations, she's taking the plunge and moving back to Nigeria to carve her own niche in the burgeoning fashion industry. In this revealing interview, she discusses her career path so far and what it is like starting up her business from scratch: the logistics, strategy & planning involved and how she's decided this is the time to flip a new page, explore her passion and take the entrepreneurial route in Nigeria.

http://www.movebacktonigeria.com/blog/im-moving-back-to-nigeria-to-launch-my-online-fashion-brand-and-its-exciting/

If you are a Nigerian living and working abroad, there’s a good chance you’re not a fan of power cuts, bad roads, the heat, and so on… which come as part of the package when you live in Nigeria. Working abroad is a good idea, usually during the early years of your professional career when you can build strong foundations and learn the skills required to do business the right way and get things done to international standards. How you position yourself to make the most out of these skills in the long term is important because this ultimately determines how successful you are – among other things of course...

Read More
http://www.movebacktonigeria.com/blog/why-you-do-not-save-cash-working-in-london-or-new-york/

In this interview, you will learn what the experience is like studying for an MBA at the Wharton School, what our interviewee’s thoughts are on the benefits of the MBA vs the CFA, what it is like working as an Investment Analyst in a global asset manager in Boston and in London, the importance of networking when you decide to move back to Nigeria, an overview of the asset management industry in Nigeria e.g. differences between the mutual fund and pension fund sectors, how much money you earn in Investment Management in Nigeria (more interesting if you also have a top MBA and a CFA), and many other interesting dynamics about moving back to Nigeria.

http://www.movebacktonigeria.com/blog/why-i-quit-my-high-flying-finance-job-in-london-and-moved-back-to-nigeria/

In this interview, you will learn what the experience is like studying for an MBA at the Wharton School, what our interviewee’s thoughts are on the benefits of the MBA vs the CFA, what it is like working as an Investment Analyst in a global asset manager in Boston and in London, the importance of networking when you decide to move back to Nigeria, an overview of the asset management industry in Nigeria e.g. differences between the mutual fund and pension fund sectors, how much money you earn in Investment Management in Nigeria (more interesting if you also have a top MBA and a CFA), and many other interesting dynamics about moving back to Nigeria.

http://www.movebacktonigeria.com/blog/why-i-quit-my-high-flying-finance-job-in-london-and-moved-back-to-nigeria/

Follow the link to apply online:
http://www.movebacktonigeria.com/job_details_page.php?job_id=157

SUMMARY:

The Senior Research Analyst will work closely with the Head of Research to develop a research product that will enhance knowledge, insight, origination and public relations for the Nigerian Market, and for the group. They will write periodic and ad hoc reports on the stock market conditions, economic reviews and analysis of their implications to the investment public. They will work with the Head of Research to ensure all research output is of international standards. They will contribute to interactive forums with wholesale and investment banking to present industry research in order to enhance the value of the product to both internal and external clients to include but not be limited to the following Key responsibilities:


KEY RESPONSIBILITIES:

•Develop comprehensive research products which should include but not limited to daily Macro Economic and Environmental business related news, market reports, company initiation reports, earnings updates, and quarterly strategy reports.
•Perform periodic analysis on industry issues or stock-specific issues in a timely manner in response to client requests, including but not limited to Periodic/ ad hoc FICC trading and strategy reports, as well as periodic industry reports.
•Rigorously analyse investment ideas in the Nigerian equity markets. Generate research reports, company profiles and business analysis to strict timelines. Generate investment ideas by screening companies especially in special cases such as privatisations, spin-offs, bankruptcies and IPOs.
•Coverage of key corporate clients and their industries.
•Build and analyse financial models from company filings, followed by appropriate company valuations.
•Maintain financial models for companies, updating and releasing a first-reaction piece/report as soon as earnings information is available.
•Preparation of reports, making complete and accurate summary of the findings, rough analysis and estimates of future business results (financial forecast) and conducting comprehensive field research that involves calls to CFOs, analysts, and industry managers to analyse the company and the market.
•Identify and monitor competitors and research market conditions or changes in the industry that may affect sales.
•Accompanying the sales team to make presentations to specific clients.
•Ensure proper maintenance of research history, databases and other research records.

PERSONALITY:

•Enthusiasm for companies and stocks.
•Commercially minded, with a flair for Research and generating Investment ideas.
•Self-starter – shows initiative. Strong analytical ability.
•Excellent communication skills. Happy to talk to potential investors and Industry Managers.
•Demonstrated ability to work with others.
•Willingness to work a flexible schedule.
SKILLS AND KNOWLEDGE REQUIREMENTS:

•Solid practical experience in Equities Research in a global investment bank.
•Solid knowledge of major market places, instruments and market practices.
•Knowledge of principles of global macroeconomics and corporate financial analysis.
•Strong ability to analyse market movements and market dynamics.
•Strong financial modeling skills.
•The ability to create, professionally communicate and present trading and investment ideas.

EDUCATION AND EXPERIENCE REQUIRED:

•A CFA (or CFA in view), Degree holder in Economics, Business, and Finance related fields.
•3 – 5 years’ experience in Corporate finance or Equities Research.
•A Master’s degree or a professional affiliation would be an added advantage.

Follow the link to apply online:
http://www.movebacktonigeria.com/job_details_page.php?job_id=157

SUMMARY:

The Senior Research Analyst will work closely with the Head of Research to develop a research product that will enhance knowledge, insight, origination and public relations for the Nigerian Market, and for the group. They will write periodic and ad hoc reports on the stock market conditions, economic reviews and analysis of their implications to the investment public. They will work with the Head of Research to ensure all research output is of international standards. They will contribute to interactive forums with wholesale and investment banking to present industry research in order to enhance the value of the product to both internal and external clients to include but not be limited to the following Key responsibilities:


KEY RESPONSIBILITIES:

•Develop comprehensive research products which should include but not limited to daily Macro Economic and Environmental business related news, market reports, company initiation reports, earnings updates, and quarterly strategy reports.
•Perform periodic analysis on industry issues or stock-specific issues in a timely manner in response to client requests, including but not limited to Periodic/ ad hoc FICC trading and strategy reports, as well as periodic industry reports.
•Rigorously analyse investment ideas in the Nigerian equity markets. Generate research reports, company profiles and business analysis to strict timelines. Generate investment ideas by screening companies especially in special cases such as privatisations, spin-offs, bankruptcies and IPOs.
•Coverage of key corporate clients and their industries.
•Build and analyse financial models from company filings, followed by appropriate company valuations.
•Maintain financial models for companies, updating and releasing a first-reaction piece/report as soon as earnings information is available.
•Preparation of reports, making complete and accurate summary of the findings, rough analysis and estimates of future business results (financial forecast) and conducting comprehensive field research that involves calls to CFOs, analysts, and industry managers to analyse the company and the market.
•Identify and monitor competitors and research market conditions or changes in the industry that may affect sales.
•Accompanying the sales team to make presentations to specific clients.
•Ensure proper maintenance of research history, databases and other research records.

PERSONALITY:

•Enthusiasm for companies and stocks.
•Commercially minded, with a flair for Research and generating Investment ideas.
•Self-starter – shows initiative. Strong analytical ability.
•Excellent communication skills. Happy to talk to potential investors and Industry Managers.
•Demonstrated ability to work with others.
•Willingness to work a flexible schedule.
SKILLS AND KNOWLEDGE REQUIREMENTS:

•Solid practical experience in Equities Research in a global investment bank.
•Solid knowledge of major market places, instruments and market practices.
•Knowledge of principles of global macroeconomics and corporate financial analysis.
•Strong ability to analyse market movements and market dynamics.
•Strong financial modeling skills.
•The ability to create, professionally communicate and present trading and investment ideas.

EDUCATION AND EXPERIENCE REQUIRED:

•A CFA (or CFA in view), Degree holder in Economics, Business, and Finance related fields.
•3 – 5 years’ experience in Corporate finance or Equities Research.
•A Master’s degree or a professional affiliation would be an added advantage.

Follow the link to apply online:
http://movebacktonigeria.com/job_details_page.php?job_id=147

Purpose of the role

To coordinate the company’s financial planning, debt financing, budgeting and cash-flow management functions while overseeing the accounting, monitoring and implementation of internal financial controls. Ensure the company’s accounting procedures conform to generally accepted accounting principles and best practices.

The successful candidate will have a minimum of 10 years professional work experience. He/ she will have a degree (preferably in Accounting or Finance). An MBA will be advantageous but not essential. He/ she will provide financial leadership to colleagues and ensure the interests of shareholders are well protected. They will have an accountancy qualification with previous experience in accounting/ finance related role. The candidate must possess excellent written & spoken English and should be proficient in Microsoft Office. The ideal candidate will have past experience in the consumer goods/ food manufacturing sector.

Job Description
•Manage the company’s cash flow efficiently by keeping track of orders and payments
•Organize developmental funding for internal investment projects
•Manage and report on inventory levels, ensuring receivables and payables are maintained according to company limits
•Preparation of monthly MIS and submission to management in timely manner each month
•Review the general ledger, and carry out intercompany reconciliations and internal audit processes each month
•Ensure bank facility reconciliation is performed on a daily basis to check that interest and bank charges are accurate
•Prepare annual budgets, both operating and capital expenditure budgets, while providing direction and guidance to all managers with regard to their budget preparation
•Work in conjunction with the IT administrator to coordinate and implement improvements in the Navision ERP package and other upgrades providing necessary training to the direct reports
•Ensure that the company is compliant with all statutory and regulatory bodies set by government agencies (Tax, VAT, Environment, Standard Organization of Nigeria)
•Professionally Liaise with suppliers, bankers, auditors, lawyers, PR firms etc.

Follow the link to apply:
http://www.movebacktonigeria.com/job_details_page.php?job_id=148

Investment bank (headquartered in Victoria Island, Lagos, Nigeria) with expertise in M&A, project finance, financial restructuring, capital markets and valuation seeks Associate to join their Investment Banking Division.

The firm requires a qualified, motivated, Associate preferably with prior investment banking experience. Investment banking experience is a plus, but not absolutely required. Associates are expected to be interested in an intensive learning experience in finance, and to be ready to work long hours as well. Associates are members of deal teams comprising a managing director, vice president, associate and financial analyst.

The working environment is both collegial and entrepreneurial and is team oriented. The ideal candidate should be motivated, creative, outgoing and possess strong skills in financial modeling and analysis. Candidates must have a strong knowledge of accounting and applied financial theory, keen analytical capabilities and excellent verbal and written communication skills.

Previous M&A/ investment banking or directly related experience as a financial analyst is highly valued.



Requirements:

- 1-3 years prior investment banking experience or similar relevant experience
- Strong skills in financial analysis and good understanding of accounting and financial theory
- Highly motivated, driven, hard working individual who works well in collegial, team environments
- Excellent communication skills
- An MBA is a plus but not a prerequisite

Are you still living and working abroad and wondering what it takes to get a job back in Nigeria? Following up on our previous reader interview on working in the oil and gas industry in Nigeria, we caught up with another professional who recently moved back to Nigeria after more than 10 years studying and working abroad. In this interview you will learn what it is like working as a reservoir engineer in Lagos, how much money you get paid in this role, what the recruitment process could be like at certain companies in Nigeria, how Exploration & Production (E&P) companies are structured, what the split is between locally trained professionals and foreign trained expatriate workers in a typical E&P company in Nigeria, what adjustments you need to make to your lifestyle when you move back to Nigeria, and many other interesting facts.

http://www.movebacktonigeria.com/blog/451/

Follow this link to apply online:
http://movebacktonigeria.com/job_details_page.php?job_id=152

•The successful candidate shall be responsible for the management of the company and shall exercise overall control. The Employee shall, in all their actions, be responsible and accountable to the Board of Directors and subject to the general laws and other legal provisions of Nigeria.

•The Managing Director will identify, develop and direct the implementation of the business strategy.

•Ensure that the company is run on sound commercial and professional principles and that its defined corporate objectives are pursued. Accordingly the MD shall initiate short, medium and long-term strategies, action, plans and targets in line with the defined vision, mission and objectives of the company.

•Ensure the company’s financial viability and cost structure is regularly analysed and appropriate measures are undertaken to monitor and reduce costs in relation to the company’s operations and services provided.

•Regularly review the company’s competitive environment and ensure appropriate measures are taken to increase the market share and ensure that the company retains its market position within the power sector.

•Advise the Board of Directors on strategic matters and policy setting.

•Maximize the company’s financial performance within a sustainable fiscal structure.

•Prepare, update and maintain a Business Plan for the company, approved by the Board of Directors.

•Set annual budgets and secure the funding and facilities required by the annual budget.

•Liaise with the divisional managers on all major matters relating to the running of the company.

•Assist the Finance Director in controlling and managing the expenditure of the company.

•Negotiate supplier contracts and maintain high level relationships with clients.

•Represent the company in other forms of commercial negotiations

Feel free to apply for this job on movebacktonigeria.com:
http://movebacktonigeria.com/job_details_page.php?job_id=150

Then follow the below link to apply.

http://movebacktonigeria.com/job_details_page.php?job_id=149