Who we are
Babban Gona is an award-winning, high impact, financially sustainable and highly scalable social enterprise, part-owned by the farmers we serve. Babban Gona, was created to attract youth to agriculture specifically and away from the looming instability of extremist groups.
We accomplish this by franchising thousands of farmer cooperatives across Nigeria, dramatically increasing the profitability of the smallholder members 2.5 times above the national average. This dramatic increase in net income is accomplished by delivering an integrated holistic package of training, farm inputs and marketing services, on credit. Babban Gona has been able to deliver this credit while maintaining one of the highest repayment rates in the world, currently above 99%, leveraging our comprehensive 8 levels of risk mitigation.
We developed the model with our partners that include His Highness Muhammad Sanusi II, the Sarkin (Emir) Kano, Nestle, IITA, DfID, USAID, GIZ, AGRA, BMGF, Skoll, Kiva, FMCB, Mulago, GIF and Rockefeller Foundation amongst others.
Key Responsibilities
- Review monthly expenses to ensure that expenses are booked correctly and work with the finance team to make any necessary reclassifications.
- Handles the preparation of fiscal records and financial plans, policies, and reports.
- Develop a schedule for investment transactions and analyze efficiency, trends, revenues and financial commitment to project future revenues and expenses.
- Demonstrate appropriate understanding/working knowledge of accounting principles and internal controls, and apply them.
- Advise the team on how to meet targets and create investment capital.
- Train team members on how to generate finance from shares and loans.
- Gather, analyse and interpret complicated numerical information.
- Assess and predict financial risks and returns; use financial modelling to predict outcomes.
- Negotiate and structure financial details; provide investment advice, tactics and recommendations.
- Assist in the preparation and analysis of annual budgets and long-range plans.
- Prepare consolidated forecasts and analyze trends in revenue, expense, capital expenditures and other related areas.
- Conduct complex business analysis including ROI, NPV and IRR, making recommendations to management on new products, features, pricing, and marketing promotions, based on historical financial data.
- Research, analyze and synthesize data from multiple sources into business information as directed and by self-identification of business information needs.
- Instruct team members on how to prepare financial and business-related analyses and research in such areas as financial and expense performance, rate of return, depreciation, working capital, and investments.
- Work with management and business units to determine strategic objectives and identify opportunities to meet set goals.
- Support the head of the department in managing investor relations functions.
- Handle compilation and analysis of consolidated budgets and long-range plans.
