Financial Analyst (based in Angola)

Ability Executive Recruitment; South Africa; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A recruitment agency seeks a Financial Analyst for a client's supermarket chain in Angola. This role involves financial data analysis, budgeting, performance monitoring, and reporting. The ideal candidate has a Bachelor's degree in finance, at least 7 years of relevant experience, strong analytical skills, and fluency in English. Expat benefits include housing and medical insurance.

Benefits

Expat benefits including housing

Medical insurance

Return flights

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• Proven experience as a financial analyst in the retail or supermarket industry.
• Minimum of 7 years of accounting/finance experience, including 2-3 years in a finance/managerial role.
• Strong analytical skills with proficiency in financial modeling.
• Solid understanding of accounting principles and financial statements.
• Excellent communication and presentation skills.

Responsibilities

• Conduct thorough analysis of financial data including revenue and expenses.
• Assist in the development of annual budgets and forecasts.
• Setup and monitor key performance indicators related to sales and margins.
• Prepare regular financial reports for management review.
• Analyze cost structures and identify opportunities for optimization.
• Evaluate proposed capital investments and conduct ROI analysis.

Skills

Financial modeling

Data analysis tools

Analytical skills

Communication skills

Presentation skills

Education

Bachelor's degree in Finance, Accounting, Economics

MBA or CMA preferred

Job description

Job Description

We are seeking a Financial Analyst for our client's supermarket chain in Angola. This position plays a crucial role in analyzing financial data, monitoring trends, and providing actionable insights to support strategic decision-making. You will work closely with various departments to assess financial performance, identify opportunities for improvement, and contribute to the achievement of business objectives.

Salary: US$2000 NETT pm + expat benefits (housing, transport, medical insurance, return flights, etc.)

Responsibilities

• Financial Analysis: Conduct thorough analysis of financial data including revenue, expenses, and profitability metrics. Utilize financial models and forecasting techniques to identify trends, variances, and potential risks.
• Budgeting and Forecasting: Assist in the development of annual budgets and periodic forecasts. Collaborate with department heads to gather relevant information and ensure alignment with strategic goals. Monitor performance against budgets and forecasts, providing timely updates and recommendations.
• Performance Monitoring: Setup and monitor key performance indicators (KPIs) related to sales, margins, inventory turnover, and operational efficiency. Identify areas of improvement and work with management to implement corrective actions.
• Financial Reporting: Prepare regular financial reports for management review, including income statements, balance sheets, and cash flow statements. Ensure accuracy and compliance with regulatory requirements.
• Cost Analysis: Analyze cost structures and identify opportunities for cost reduction or optimization. Conduct profitability analysis for product lines, departments, and store locations.
• Capital Investment Analysis: Evaluate proposed capital investments, including store expansions, renovations, and equipment purchases. Assess financial feasibility, conduct ROI analysis, and provide recommendations to senior management.
• Market Research: Stay informed about industry trends, competitor performance, and economic factors affecting the supermarket industry in Angola. Use market research insights to support strategic planning and decision-making.
• Ad-Hoc Projects: Participate in special projects and initiatives as assigned by management. Provide financial analysis and support for strategic initiatives, process improvements, and business expansion opportunities.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or related field. Advanced degree (e.g., MBA, CMA) preferred.
• Proven experience as a financial analyst, preferably in the retail or supermarket industry.
• Minimum of 7 years of progressive accounting/finance experience, including at least 2-3 years in a finance/managerial role.
• Strong analytical skills with proficiency in financial modeling and data analysis tools.
• Solid understanding of accounting principles, financial statements, and performance metrics.
• Excellent communication and presentation skills, with the ability to convey complex financial concepts to non-finance stakeholders.
• Fluency in English. Portuguese is a major plus. Knowledge of other local languages is a plus.