FINANCIAL AID ANALYST

Chevrah Kadisha; Johannesburg; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A financial assistance organization is seeking a Financial Analyst in Johannesburg to analyze personal financial data and present findings to a Case Committee. The ideal candidate should possess a B.Com degree and experience in financial advisory roles, with strong skills in emotional intelligence and interpersonal communication. This full-time role involves regular interactions with beneficiaries and assessments of their financial situations.

Qualifications

• Experience in a Financial Analyst, Financial Advisor, Credit Analyst, Personal Finance, or Debt Counsellor role.

Responsibilities

• Assess beneficiaries' overall financial situation.
• Calculate beneficiaries’ available monthly income.
• Engage with beneficiaries for information gathering and feedback.
• Make recommendations to the Case Committee based on analysis.
• Consult with Social Workers on non-financial factors.
• Maintain records of beneficiaries/applicants.
• Review changes to beneficiaries' financial situations.
• Manage grant renewals and client communication.
• Assist with ad-hoc welfare data or projects.

Skills

Strong EQ

MS Excel – Intermediate

Strong IT literacy and adaptability

Strong financial and analytical skills

Excellent interpersonal skills

Excellent communication skills

Education

B.Com degree with financial or similar major

Job description

Location: Sandringham – Johannesburg
Position Type: Full Time – Fixed Term (6 Months)

Purpose of the Job

To analyse relevant personal financial information in order to determine the financial needs of beneficiaries and present conclusion and related grant proposal to Case Committee on a weekly basis and provide feedback on the grant to beneficiaries and similarly for residential subsidy applicants.

Role and Responsibilities

• Assess beneficiaries/applicants overall financial situation by reviewing income, assets, debts, expenses, credit reports, or other financial information.
• Calculate beneficiaries’ available monthly income to meet financial obligations including debt.
• Comfortably and respectfully engage with beneficiaries, in respect of both information gathering (pre-analysis) and provision of feedback (post-analysis).
• Make recommendations to Case Committee (held weekly) on the basis of the above financial analysis as to whether financial assistance is justified, as well as the extent thereof or in the case of residential admissions to Admissions Committee, whether a fee subsidy is justified, and how the fee should be structured.
• Consult with Social Workers in respect of consideration of non-financial factors in the decision-making process.
• Consider all other relevant budgetary/financial feedback to the beneficiary/applicant.
• Maintain or update records of beneficiaries/applicants including analysis, financial assistance being given, correspondence, documents, or beneficiary inquiries.
• Review changes to beneficiaries/applicants financial, family, or employment situations to determine whether changes to existing welfare/assistance plans are needed, either pro‑actively or on request.
• Manage grant renewals and resulting client communication.
• Assist with ad‑hoc welfare data or other projects.

Qualifications And Education Requirements

• B.Com degree with financial or similar major advantageous
• Experience in a Financial Analyst, Financial Advisor, Credit Analyst, Personal Finance, or Debt Counsellor role

Preferred Skills

• Strong EQ
• MS Excel – Intermediate
• Strong IT literacy and adaptability
• Strong financial and analytical skills – ability to analyse financial information and to piece together personal income statement and balance sheet
• Flexible and creative thinking in respect of considering various solutions and individual needs and case factors in the decision‑making process
• Ability to balance financial and emotional needs of client
• Strong interest in Personal Finance
• Excellent interpersonal skills with strong Emotional Intelligence (EQ)
• Approachable and Personable
• Emotional resilience and maturity
• Ability to manage conflict or difficult communication
• Excellent communication skills