Graduate Financial Analyst Trainee

Placements24; Willows (CA); On-site; USD 11,000 - 20,000; Full time

Benefits offered by this job

On-the-job training

Structured certification path

Job summary

Placements24 is seeking a Financial Analyst Trainee for a leading financial services institution in Welkom, Free State. The program offers intensive on-the-job training in budgeting, forecasting, and financial reporting.

You will support month-end reporting, build financial models, and assist with audits, working closely with experienced finance professionals in a structured learning environment.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics or related field.
• Strong grasp of financial principles and accounting practices.
• Excellent analytical and quantitative abilities.
• Proficiency in Excel (pivot tables, VLOOKUP, formulas).
• Familiarity with financial software or ERP systems a plus.
• High attention to detail and accuracy.
• Good written and verbal communication skills.

Responsibilities

• Assist in the preparation of monthly, quarterly, and annual financial reports.
• Support budgeting and forecasting processes.
• Conduct financial analysis to identify variances and provide explanations.
• Help in development and maintenance of financial models.
• Monitor performance against targets and objectives.
• Perform reconciliations and ensure data accuracy.
• Assist with internal and external audit requirements.
• Contribute to process improvement within finance.
• Undertake ad-hoc financial analysis as needed by senior management.

Skills

Analytical skills

Excel proficient

Communication

Attention to detail

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Excel

ERP systems

Job description

About the Role

Our client, a reputable financial services institution in Welkom, Free State , is offering a challenging and rewarding opportunity for recent graduates to join their Financial Analyst Trainee program. This program is designed to cultivate the next generation of financial experts, providing intensive training and real-world experience. You will work within the finance department, contributing to critical financial operations, including budgeting, forecasting, and financial reporting. This is an ideal role for individuals with a strong aptitude for numbers, a meticulous approach to work, and a desire to build a career in finance. We are committed to providing a structured learning environment that fosters professional growth and development in the heart of the Free State .

Key Responsibilities

• Assist in the preparation of monthly, quarterly, and annual financial reports.
• Support the budgeting and forecasting processes.
• Conduct financial analysis to identify variances and provide explanations.
• Help in the development and maintenance of financial models.
• Monitor financial performance against targets and objectives.
• Perform reconciliations and ensure the accuracy of financial data.
• Assist with internal and external audit requirements.
• Contribute to process improvement initiatives within the finance department.
• Undertake ad-hoc financial analysis as required by senior management.

Requirements

• A Bachelor's degree in Finance, Accounting, Economics, or a related field.
• Strong understanding of financial principles and accounting practices.
• Excellent analytical and quantitative skills.
• Proficiency in Microsoft Excel (pivot tables, VLOOKUPs, formulas).
• Familiarity with financial software or ERP systems is an advantage.
• High attention to detail and accuracy.
• Good written and verbal communication skills.
• Ability to work effectively under pressure and meet deadlines.
• Must be based in or willing to relocate to Welkom .

Benefits

This trainee position offers a competitive entry-level salary, comprehensive on-the-job training, and a structured path towards professional financial certifications (e.g., CFA). You will gain hands-on experience in a vital sector of the economy, working alongside experienced finance professionals. Opportunities for career progression within the organization are significant. Our client provides a supportive work environment in Welkom , fostering continuous learning and professional development.