Financial Analyst

Code Red Recruitment; South Africa; On-site; USD 1,729 - 3,459; Full time

Job summary

An established industry player is seeking a Financial Analyst to join their dynamic finance team. This role involves conducting in-depth financial analysis, preparing budgets, and ensuring the accuracy of financial reporting. The ideal candidate will possess strong Excel skills, financial modelling capabilities, and the ability to engage effectively with management. This position offers a fantastic opportunity to contribute to a forward-thinking company while honing your analytical skills in a supportive environment. If you thrive under pressure and are passionate about finance, this role is perfect for you.

Qualifications

• Minimum 2 years experience in financial analysis or related fields.
• Strong understanding of financial concepts and reporting methodologies.

Responsibilities

• Conduct financial analysis and metrics for business performance.
• Prepare budgets and assist with year-end audits.
• Ensure accuracy of customer premium collections.

Skills

Advanced Excel

Financial Modelling

Report Writing

Financial Analysis

Time Management

Data Analysis

Accounting

Economics

Metrics

Reconciliations

Education

Matric

BCOM Accounting, Economics, BSC Finance

Tools

Oncor

Job description

DEPARTMENT

Finance

POSITION

Financial Analyst

POSITION TYPE

Permanent

MINIMUM QUALIFICATIONS AND EXPERIENCES

• Matric
• BCOM Accounting, Economics, BSC Finance or studying towards these qualifications
• Experience in billings, collections and / or financial analysis is essential
• 2 years+ relevant experience
• Experience working in financial services industry desirable

JOB RESPONSIBILITIES

• Key financial analysis and metrics e.g. new business cancellations vs existing business cancellations, break even and profitability analysis of campaigns, cost of acquisition, etc.
• Financial modelling when required
• Variances analysis
• Data Analysis: Oncor, Lapse, Churn and Persistency calculations
• Preparing Budgets and assisting with year-end audits
• Responsible for preparation, submission and analysis of each collection/bill run
• Review and preparation of Bordereaux reconciliations to ensure all commission structures are in line with SLAs
• Review weekly refunds from Client Services and prepare payment instructions
• Responsible for the timely resolution of all queries relating to submissions
• Responsible for completeness and accuracy of customer premium collections.
• Pay through the bank stats for Client Services and Sales
• Preparing and forecasting monthly revenue estimates
• Journal entries when required
• Ensuring our databases are in sync with our Policy Administrators
• Effective engagement and contribution with other departments to achieve company goals

CHARACTERISTICS OF THE REQUIRED CANDIDATE

• Advance excel
• Financial modelling capabilities
• Report writing skills
• Ability to communicate and engage with all levels of management
• A good understanding of financial concepts and financial reporting methodology
• An understanding of accounting processes / practices and their impact on financial reporting
• Ability to manipulate large volumes of financial data accurately and efficiently
• Ability to see the "big picture" to understand the impact of financial reports provided
• Stress management and the ability to manage and co-ordinate deadlines under pressure
• Excellent time management skills (the ability to plan, prioritize and meet deadlines)

WORKING HOURS

Monday to Friday 8.00 to 17.00 or as per campaign requirements

Required Skills:

• Policy
• Writing
• Reconciliations
• Report Writing
• Economics
• Journal
• Metrics
• Financial Services
• Collection
• Financial Reporting
• Time Management
• Financial Analysis
• Forecasting
• Budgets
• Analysis
• Databases
• Excel
• Accounting
• Finance
• Data Analysis
• Sales
• Management