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  • Posted: Oct 25, 2023
    Deadline: Not specified
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    The leading platform for small & medium business lending in emerging markets. 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...
    Read more about this company

     

    Finance and Data Intern

    Job Description:

    • As a Finance and Data Intern at Lidya, you will play a crucial role in supporting our finance and data analysis teams.
    • This internship is ideal for individuals who are enthusiastic about finance, data, and are eager to learn how to apply their analytical skills in a business context. Your work will involve a variety of tasks and responsibilities, including but not limited to:

    Key Duties and Responsibilities:

    As an intern, you will be required to support and learn the following:

    Financial Reporting and Operations:

    • 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
    • Preparing weekly, monthly, quarterly, and yearly operating reports to present to senior management and provision of recommendations for improvements based on trends
    • Supporting external bookkeeping partners in the preparation of annual financial information to be provided to the external auditors
    • Quarterly balance sheet and P&L fluctuation analyses
    • Consolidation, inter-company transactions and reconciliations including foreign currency accounting prepare budget reports aimed at helping organizations monitor spending, rationalize costs, and balance their finances
    • Oversee expense management via accounting tools and Monthly expense variance analysis
    • Ensure compliance of internal controls and suggest process improvements as needed
    • Overseeing processing of payables including vendor payments
    • Complete national and local (state) tax returns (incl. PAYE, VAT, WHT, CIT etc.) and work with local tax advisors as needed for all our jurisdictions
    • Work with external auditors to perform the annual audits for all our jurisdictions
    • Liaise with partners (banks and processors) to ensure optimal cost structures and verify daily settlements

    Loan Portfolio Growth.

    • Assist with daily finance operations including ensuring on-time disbursement of approved Loans, bank &
    • Loan book reconciliations
    • Ensuring accurate and on-time recollection of loan repayments from clients, including reconciliation of payments to the bank accounts
    • Supporting the evaluation, authorization and approval of loans given to customers including, verification of documentation presented for all loan applications and ensuring they meet KYC, credit score requirements, 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, monitoring, and analyzing financial data that will be useful in providing insights into team’s performance (investment & collections teams) and providing recommendations for improvement

    Desired Qualifications and Skillset:

    • Recently completed a Bachelor's degree program in Finance & Banking, Economics, Accounting and Data Sciences.
    • Must have graduated with a 2nd class lower or HND lower credit and above in the above stated disciplines.
    • Prioritizing, time management and organizational skills with the ability to work in a goal-oriented environment where you will be evaluated on your KPIs.
    • Strong analytical and problem-solving skills.
    • Basic knowledge of financial concepts.
    • Basic knowledge of Microsoft Excel and data analysis tools.
    • Detail-oriented and organized.
    • Eagerness to learn and adapt to new challenges.

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    Growth Intern

    Job Description:

    • As a Growth Intern, you will play a pivotal role in helping our company expand its reach, increase user engagement, and drive revenue growth.
    • This internship provides an exciting opportunity to work closely with our growth marketing team and gain hands-on experience in various aspects of growth marketing, including user acquisition, conversion rate optimization, and data analysis.

    Key Duties and Responsibilities:

    Client Engagement:

    • Client acquisition and onboarding, TeleSales to 40 or more prospects daily. Manage existing client engagements, renewal of customer loan applications, and approval or rejection of applications within agreed timelines and loan limits.
    • 360 customer relationship management and KYC documentation. Reach out to customers and maintain positive client relationships.

    Loan Portfolio Growth:

    • Achieve agreed upon commercial targets and outcomes on a daily, weekly and monthly basis.
    • Support the evaluation, authorization and approval of loans given to customers by authentication of KYC documentation presented for all credit applications and eligibility assessments as required by the Lidya and regulators.

    Client acquisition and Retention:

    • Collaborate with the marketing team to develop and implement strategies foruser acquisition and retention.
    • Support the development, utilization and optimization of Cold calls, email templates, and other marketing assets.
    • Contribute creative ideas and insights to help the company grow and achieve its business goals.

    Desired Qualifications and Skillset:

    • Recently completed a Bachelor's degree program in marketing, mass communication, systems engineering and computer science.
    • Must have graduated with a 2nd class lower or HND lower credit and above in the above stated disciplines.
    • Strong interest in digital marketing and growth strategies.
    • Excellent communication skills, both written and verbal Outstanding, customer engagement skills with a passion for creating an extraordinary customer experience regardless of the final credit decision.
    • Highly motivated, proactive, and able to work both independently and as part of a team.
    • Prioritizing, time management and organizational skills with the ability to work in a goal-oriented environment where you will be evaluated on your KPIs.

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    Product Sales Intern

    Job Description:

    • As a Product Sales Intern at Lidya, you will play an essential role in supporting our product sales and business development teams.
    • This internship is ideal for individuals who are enthusiastic about sales, building client relationships, and are eager to learn about the product sales process.
    • Your work will involve a variety of tasks and responsibilities, including but not limited to:

    Key Duties and Responsibilities:

    Lead Generation:

    • Identify and target potential clients and partners to generate new business opportunities.
    • Conduct market research to understand industry trends, competitors, and emerging opportunities.
    • Develop and execute effective lead generation strategies and campaigns.
    • Collaborate with marketing to create compelling content and campaigns that attract leads.

    Partner Onboarding:

    • Identify and assess potential partners to expand our network and capabilities.
    • Manage the onboarding process, including demos, negotiating agreements, setting expectations, and facilitating integration.
    • Collaborate with cross-functional teams to ensure partners receive the necessary training and resources.

    Partner Relationship Management:

    • Cultivate and maintain strong relationships with existing partners to drive mutual growth.
    • Regularly communicate with partners to understand their needs, challenges, and feedback.
    • Act as a liaison between partners and our technical team to ensure smooth communication and issue resolution.
    • Monitor and report on key performance indicators (KPIs) to evaluate partner success and identify areas for improvement.

    Customer Success Bridge:

    • Serve as a point of contact for partners to address technical inquiries, product issues, and support requests.
    • Collaborate with the technical team to prioritize and address partner-specific requirements.
    • Ensure partners are satisfied with our products and services and work proactively to resolve any issues.

    Reporting and Analysis:

    • Maintain accurate records of leads, partner interactions, and progress.
    • Generate regular reports on lead generation, partner onboarding, and partner relationship management efforts.
    • Analyze data to identify trends and opportunities for improvement.

    Desired Qualifications and Skillset:

    • Recently completed a Bachelor's degree program in any field of study.
    • Must have graduated with a 2nd class lower or HND lower credit and above.
    • Strong interpersonal and communication skills.
    • Enthusiasm for sales and a customer-centric mindset.
    • Detail-oriented and organized.
    • Eagerness to learn and adapt to new challenges.
    • Basic knowledge of sales principles and strategies is a plus.

    Method of Application

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