Cost Analyst

Korakhoa Solutions; Cape Town; On-site; ZAR 300,000 - 500,000; Full time

Job summary

A leading company in the fintech sector is seeking a Financial Analyst to assist with financial reporting, forecasting, and analytical tasks. The ideal candidate will have 2-4 years of experience, strong Excel skills, and a robust analytical mindset. This role offers a chance to work collaboratively in a dynamic environment while providing critical insights for management decisions.

Qualifications

• Experience in financial planning and analysis.
• 2-4 years of experience in a similar field.
• Solid accounting skills and experience.

Responsibilities

• Daily sales stats reporting, including projections and income statements.
• Assistance with monthly dashboards and stakeholder reports.
• Margin testing and supplier contract control.

Skills

Forecasting and budgeting

Data interpretation and presentation

Advanced Excel skills

Analytical mindset

Exceptional communication skills

Tools

Microsoft Office

Power BI

Data visualization tools

Job description

Key Responsibilities include, but are not limited to :

Daily / Weekly / Monthly Reporting

• Daily sales stats reporting, per sales rep and agent (projected sales, active devices, zerobtrading devices, average revenue per unit).
• Daily / weekly / monthly direct sales and agents income statement reporting, including gross profit per airtime, electricity and other; actual month-to-date and projected for the month versus budget.
• Assistance with monthly Dashboards which are distributed to management.
• Assistance with reports for various stakeholders in the business(Excel and from Content Ready).
• Ensure all inventory movements are correctly processed.
• Write off hardware spare usage on a monthly basis.
• Investigation into and write-off of stock variances on a monthly basis.
• Assist with stock reconciliations between Pastel accounting system and Content Ready.
• Maintain the amortization spreadsheet which calculates the monthly amortization amounts.
• Reconcile the amortization list to the transactional database (content Ready).

Margin costing

• Testing of margin changes on the transactional database (Content Ready).
• Margin control / testing from suppliers and customers.
• Supplier contract control (working with Legal).

Costing, Budgets and Forecasting

• Checking of monthly costs in the income statement against the budget and previous period.
• Ad hoc costing exercises to highlight any cost savings.
• Assistance with annual budget and quarterly forecasts.

Invoicing and commission calculations

• Assistance with monthly annuity invoicing calculations.
• Assistance with monthly rep and manager commission calculations.

Analytical and Modelling exercises

• Creating models to predict various scenarios to assist management in decision-making.
• Revenue, COS and gross profit analysis.

Requirements

In order to be considered for this position, the following requirements must be met :

• Experience in financial planning and analysis.
• Advanced System expertise in Microsoft Office (Excel, PowerPoint).
• 2-4 years of experience in the same or similar field.
• Solid accounting skills and experience.
• Industry experience : ideally in Fintech.

Skills needed :

• Forecasting and budgeting.
• Data interpretation and presentation.
• Advanced Excel skills for complex data analysis.
• Experience with Power BI advantageous.
• Data visualization tools.
• Detail orientated.
• Analytical mindset.
• Ability to work independently on complex analyses.
• Collaborative and able to work in cross-functional teams.
• Hands-on approach.
• Exceptional written & verbal communication skills with the ability to present complex data and information clearly and concisely to a variety of audiences, including executives & technical / non-technical leaders.
• Very proactive, thorough, detailed, decisive and flexible.
• Proficient in strategic, long-term, analytical, and critical thinking.