Junior Financial Analyst

Kuda Technologies Ltd; Cape Town; Hybrid; ZAR 300,000 - 500,000; Full time

Job summary

A leading company seeks a Junior Financial Analyst in Cape Town to support financial operations, focusing on SaaS management and budgeting. Candidates should have a degree in finance or accounting and strong analytical skills. Join a dynamic team that values diversity and work-life balance, offering competitive benefits.

Benefits

Career development & growth

Access to world-class L&D

3 day per week remote working option

Competitive annual leave

Competitive pension

Perkbox

Life assurance

Qualifications

• 1-3 years Financial Services or regulated business experience.
• Familiarity with IFRS is required.
• Knowledge of the SaaS landscape would be advantageous.

Responsibilities

• Maintain and update the SaaS management system.
• Analyze SaaS costs and contribute to the annual budget.
• Prepare monthly reporting packs for actual vs budget analysis.

Skills

Communication

Problem-solving

Time management

Organisation

Creative thinking

Education

Bachelors of accounting and or finance

Tools

Excel

Google Sheets

Job description

Summary

Kuda is a money app for Africans on a mission to make financial services accessible, affordable and rewarding for every African on the planet. We’re a tribe of passionate and diverse people who dreamed of building an inclusive money app that Africans would love so it’s only right that we ended up with the name ‘Kuda’ which means ‘love’ in Shona, a language spoken in the southern part of Africa.

We’re giving Africans around the world a better alternative to traditional finance by delivering money transfers, smart budgeting and instant access to credit through digital devices. We’ve raised over $90 million from some of the world's most respected institutional investors, and we’re rolling out our game-changing services globally from our offices in Nigeria, South Africa, and the UK.

Role overview:

We are looking for a Junior Financial Analyst (based in Cape Town) to support the Group Financial Controller by analyzing financial data focusing on SaaS and other operating costs relative to the customer base and revenue, assisting with budgeting, and contributing to the financial reporting processes.

Key Responsibilities:

Reporting to and working closely with the Group Financial Controller, where your main areas of focus would be maintaining the SaaS management system and all related reporting. There will be benchmarking of various operating costs and preparing common size P&Ls.

• SaaS Management: Working in the SaaS management tool to maintain, update ad and remove licenses. Work with the SaaS owners to prepare renewal packs. Extract and manipulate data from the platform to draw out key insights. Working with IS Admin to ensure all employees' emails are in sync.
• Posting and expensing/amortizing of SaaS costs: working with the AP clerk and financial accountant to ensure that prepaid SaaS costs are correctly recorded and amortized according to usage.
• SaaS cost management and budgeting: Analyzing the cost on a monthly basis identifying cost drivers and building this into the annual budget and forecast.
• Operating cost review: decomposing the entire indirect cost base (excluding workforce planning) to facilitate actual to budget variance analysis. This will form the basis for bottom up budgeting with the department owners.
• Benchmarking of costs: Using common sized P&L and market information to perform cost comparisons across the group.
• Monthly reporting: Preparing monthly reporting packs at department level for actual vs budget analysis.
• GL management: Ensuring that departmental reporting is up to date and that costs are correctly allocated.
• Work Independently: as the role is based in Lagos, the individual will report into Group Financial Controller (based in Cape Town) with the dotted line reporting into local Management.

• Bachelors of accounting and or finance
• 1-3 years Financial Services or regulated business.

• Intermediate to advanced excel/google sheets proficiency.
• Familiar with IFRS
• Working with teams across various geographic jurisdictions
• Strong interpersonal and business partnering skills
• Excellent written and verbal communication
• Knowledge of the SaaS landscape would be advantageous

Expectations - Key skills and competencies:

Skills:

• Organisation
• Prioritisation
• Time management
• Communication
• Problem-solving
• Creative thinking

Competencies (Behaviours):

• Relationship building
• Resilience
• Collaboration
• Innovative
• Adaptability
• Attention to Detail
• A self-starting approach
• Accountability

Why join Kuda?

At Kuda, our people are the heart of our business, so we prioritize your welfare. We offer a wide range of competitive benefits in areas including but not limited to:

• A great and upbeat work environment populated by a multinational team
• Career development & growth
• Access to world-class L&D
• We are advocates of work-life balance and offer a 3 day per week remote working option
• Competitive annual leave
• Competitive pension
• Perkbox
• Life assurance
• We are advocates of work-life balance and offer a 3 day per week remote working option
• and more…
  

Kuda are proud to be an equal opportunity employer. We value diversity and anyone seeking employment at Kuda is considered based on merit, qualifications, competence and talent.

We don’t regard colour, religion, race, national origin, sexual orientation, ancestry, citizenship, sex, marital or family status, disability, gender, or any other legally protected status. If you have a disability or special need that requires accommodation, please let us know.