Financial Analyst

Vwfs; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A financial services company is looking for a Financial Analyst in Johannesburg. The role involves collating financial information, preparing forecasts, and ensuring compliance with accounting standards. Candidates should have a Bachelor of Commerce in Accounting and at least 2-5 years of financial analysis experience, alongside advanced modelling skills and proficiency with accounting software.

Qualifications

• 2-5 years of financial and analytical experience required.
• Strong modelling skills essential.
• Advanced knowledge of different accounting software necessary.

Responsibilities

• Prepare monthly forecasts and year-end budgets.
• Perform Fixed Assets reporting and analytics.
• Assist in the preparation of financial statements.

Skills

Strong modelling and database skills

Experience with reporting technology

Advanced proficiency with accounting software

Experience in generating management reports

In-depth knowledge of IFRS

Understanding of accounting internal controls

Knowledge of BBBEE Code of Good Practice

Education

Bachelor of Commerce in Accounting / Financial Management

Job description

Overview

The Financial Analyst collates financial information and prepares the monthly forecasts, year-end budgets and internal / external stakeholder reports.

The incumbent analyses the actual performance of the business and identifies drivers that can be applied to forecast future performance.

A key focus of this role is to create business intelligence and communicate reasons for deviations of actual performance and budget to management and relevant shareholders.

The incumbent also contributes to the modeling process and various ad‑hoc projects.

Responsibilities

• Performing Fixed Assets reporting and analytics
• Preparing accounting journal entries and processing transactions for insourced quote to cash activities
• Reviewing Trial Balances
• Assisting in the preparation of financial statements as well as coordinating internal and external audits
• Preparing internal and regulatory monthly data reporting packs
• Preparing reconciliations for insourced quote to cash activities
• Reviewing reconciliations for all accounting activities
• Performing day‑to‑day treasury activities such as daily bank clearing, bank account management and funding payments and settlements
• Raising and reconciling accruals
• Supports the Financial Manager to ensure Tax and VAT compliance including preparation / review of all calculations to ensure that they are accurate and all returns filed timeously
• Supports the Senior Financial Controller with the execution of collaborative budgeting and forecasting activities
• Consolidating SLA reports for internal / external stakeholders
• Overseeing, reporting and providing analysis and recommendation on VWFS SA's BBBEE spend
• Provides input into financial models including model building, maintenance, monitoring, testing and implementation
• Acting as a finance business partner for IT and HR overheads
• Performing analysis reports as required
• Prepares and presents information required for meetings with internal / external stakeholders
• Participates in planned activities that are appropriate for own personal and career development

Experience

• At least 2 – 5 years of financial and analytical experience
• Strong modelling and database skills as well as experience with reporting technology
• Experience with generating management reports and conducting performance analytics
• Advanced proficiency with different types of Accounting software and spreadsheet programs / applications
• In‑depth knowledge in IFRS and other relevant Accounting standards
• In‑depth knowledge and understanding of Accounting internal controls
• In‑depth knowledge and understanding of Broad‑Based Black Economic Empowerment Code of Good Practice (advantageous)

Qualifications

Bachelor of Commerce in Accounting / Financial Management

Employment Equity Statement

VWFS SA is an equal opportunity employer and is committed to our policy on Employment Equity.

Please note all applications will be evaluated in line with the Employment Equity Plan.

Declaration of Interest

Please note that any declaration will not influence your chance of successful employment unless a conflict of interest is identified that has a direct impact to the role functions or outputs.

Furthermore, please be aware that you may be required to declare all of your interests prior to employment.

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