Commercial Analyst

Duties & Responsibilities

Results Delivery

1. Contribute to meaningful cost reduction/optimisation at all levels through applying cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets.
2. Provide input into formalisation of the Finance Department's divisional budget and assist in the coordination and consolidation thereof in order to ensure that the information provided meets the expectation of the finance team.
3. Produce and maintain monthly timely and accurate management accounting information with supporting commentary on variances, statistics and other required analysis.
4. Facilitate the entire planning and budgeting process creating and ensuring strict adherence to the budget timetable, populating of the budgets with business units, timeous communication of material issues and changes, and creating standardised high-quality presentations with supporting commentary and analysis.
5. Provide financial guidance and advice to stakeholders to assist them to accurately account for operations in order to ensure adherence to JSE guidance and statutory reporting.
6. Conduct costing analysis to determine profitability of asset classes and drive shared service cross charges decisions.

Stakeholder Relationship Management

1. Maintain sustainable working relationships with stakeholders through ongoing engagement to ensure an understanding of their needs and maintain an open channel of communication at all times in supporting the department to achieve its business objectives.
2. Develop and sustain relationships with administrative staff to facilitate the effective procurement to pay process with service providers/vendors/suppliers.
3. Gauge stakeholder satisfaction through regular meetings and feedback reports which will include any positive or negative feedback received from the stakeholders regarding the professionalism and timeous nature of interaction.
4. Manage own delivery against agreed deliverables and set timelines, identify obstacles to delivery and take appropriate action where required.
5. Create and design financial models and reports via Excel for the developers to implement into the financial (IDU) tool in order to execute rolling forecasts, budgeting and management accounts.
6. Analyse the monthly, year-to-date as well as annual actuals information and compare against budget and forecast in order to determine and explain variances.

Additional Responsibilities

1. Perform monthly review and analyses of the annual view in order to determine the variances to track the expenses and revenue against the original budget and last month estimate.
2. Perform the rolling forecast activities in order to track the revenue and expenses against the budget and adjust the expenses and revenue for the future months as per discussions with business stakeholders.
3. Compile management accounts packs that will include financial as well as non-financial information for stakeholder review in support of commercial decision-making.
4. Compile the budget pack in alignment with the JSE strategy, which will contain both financial and non-financial information in order to present the budget to the board, audit and HR committees for approval.
5. Analyse management accounts to identify potential risks and advise stakeholders on risks identified as well as corrective action to be taken in order to mitigate risks.
6. Build costing model through analysing and allocating of costs based on scientific costing principles and appropriate drivers in order to determine the actual profitability of the markets and cross-functional revenue-generating areas.

Self-Management

1. Improve personal capability and professional growth in line with JSE objectives by discussing development needs and proposed solutions with management.
2. Be an effective team member encouraging teamwork and freely sharing knowledge.
3. Visibly live the JSE values contributing to the achievement of divisional objectives.
4. Manage self in terms of development, delivery and act as a self-starter.

Transformation and Innovation Management

1. Identify, share and implement value-adding improvement/innovative ideas and solutions contributing to divisional and JSE results.
2. Review relevant finance processes and procedures on a continuous basis and provide input in order to ensure that the most efficient methods are implemented and applied.

Desired Experience & Qualification

1. BCom Degree
2. Post-graduate (Honours / CTA) Degree / Accounting / CIMA (Chartered Institute for Management Accountants) would be advantageous.
3. At least 3 years' relevant industry experience, as a Commercial Analyst / Management Accountant or a similar role.