POSITION: Financial Analyst
LOCATION: Bellville, Cape Town
REPORTS TO: Group Management Accountant

 JOB PURPOSE
Responsible to analyse financial data and provide advice and guidance to Operations,
HOD’s and Finance Team. Preparation of accurate reports to internal stakeholders as well
as project manage the implementation of new systems.

KNOWLEDGE
Qualifications

• Undergraduate Degree in Finance, Accounting. B Compt or any related field.
• Data Analytics.
• CA(SA) – advantageous.

Skills / Competency required

• Technology driven.
• Ability to work under pressure.
• Excellent communication skills.
• Business and Financial Acumen.
• Performance Driven and Self-Starter.
• Problem Solving and Analytical Skills.
• Promotes Collaboration and Stakeholder engagement.
• Integrative Thinking – explores multiple approaches to generate creative solutions.
• Lead people to Manage Change – provide people with a clear vision, direction and motivation towards achieving business objectives.
• Planning & Organising – Thinks ahead, effectively manages time, identifies priorities and risks to deliver quality outputs on time.

Experience

• Minimum 1-2 years of experience in Financial Accounting and Data Analyst Position.
• Project Management experience.
• English / additional SA languages would be advantageous.
• Experience with Financial Information System and other Operational Support Systems.
• Familiarity with SQL, Power BI advantageous.
• Advanced MS Office proficiency.
• Valid Driver’s license with own vehicle.

KEY RESPONSIBILITIES
KPI 1: Financial Management

• Financial Planning and Budget Management

• Financial Analyst to run the annual budget process.
• Provide support to operations and senior managers with the efficient and effective budget planning process.
• Oversee and provide guidance with the preparation, capturing and reviewing of the annual budget.
• Controlling and forecasting income and expenditure.
• Ensuring proper standard operating procedures are in place.

KPI 2: Control and Organising

• Financial Data and Reports

• Checking the latest financial reports, such as financial statements, sales numbers, and budget performance.
• Identify any areas of concern, unexpected cost spikes that require further investigation.
• Analyse every day financial activities and subsequently provide advice and guidance to management.
• Analyse costs, pricing, variable contributions, sales results, and actual performance compared to the business plans.
• Develop trends and projections for head of departments and general market trends.
• Conduct reviews and evaluations for cost-reduction opportunities.
• Set goals and objectives and design a framework for these to be met.
• Enable the company’s leaders to make sound business decisions and meet the company’s objectives.
• Preparing financial reports and interpreting financial information to managerial staff while recommending further courses of action.
• Provide support with monthly management accounting and reporting.

KPI 2: Project Management

• Innovation and Technology

• Suggest creative ideas to minimize expenditures and boost overall financial performance
• Identify opportunities to ensure accurate reporting and improve financial processes.
• Identify, develop and maintain Sound Financial and operational Systems
• Implementation and testing of new and updated systems and processes.
• Ensure standard operating procedures, and training manuals for systems are in place
• Standardised Systems, processes and procedures.
• Explore and implement systems in alignment with other support functions.
• Continuous research and development.

KPI 3: Risk Management and Compliance

• Developing and implementing cost-effective financial policies and procedures, as well as mitigating financial risks.
• Drive process improvement and policy development initiatives impacting any change
• Liaising with SHEQ Department on an ongoing basis on the development or review of the Health and Safety procedures and your department legal documentation.
• Maintain your membership to regulatory bodies / professional bodies.

KPI 4: Managing Stakeholders

• Manage Internal and external relationships

• Support and collaborate with all Managers and Heads of Departments within the organisation and prioritising related requests and proposals with regards to financial analyses and information technology.
• Collaborate and manage internal and external stakeholders with functions relating to the company.
• Effective engagement with external key stakeholders and provision of high levels of service.
• Maintains good relationships with internal and external stakeholders by engaging them frequently.