Junior Financial Analyst

Placements24; East London; Hybrid; ZAR 260,000 - 380,000; Full time

Benefits offered by this job

Fully remote work arrangement

Competitive entry-level salary

Professional development and training

Job summary

Placements24 is seeking a Junior Financial Analyst for a reputable financial services firm operating across East London, Eastern Cape. You will support senior analysts with financial modeling, data analysis, forecasting, and reporting from a fully remote setup.

The role emphasizes strong quantitative skills, integrity, and the ability to work independently. You'll gain exposure to corporate finance, markets, and advanced financial tools while developing professionally in a supportive,

Qualifications

• Bachelor's degree in finance, accounting, economics, mathematics, or related field.
• Strong understanding of financial principles, accounting concepts, and financial statement analysis.
• Excellent analytical and quantitative skills with a high degree of accuracy.

Responsibilities

• Assist in the preparation of financial statements, reports, and presentations.
• Develop and maintain financial models for forecasting, budgeting, and valuation purposes.
• Conduct financial analysis of key performance indicators, industry trends, and competitor activities.
• Support the budgeting and forecasting process, collaborating with various departments.
• Analyze variances between actual results and budget/forecast, providing explanations and insights.
• Assist in the evaluation of investment opportunities and capital allocation decisions.

Skills

Analytical skills

Quantitative skills

Communication skills

Education

Bachelor's degree in Finance, Accounting, Economics, Mathematics, or a related field

Tools

Bloomberg

Refinitiv Eikon

Job description

About the Role

Our client, a reputable financial services firm with operations extending to East London , Eastern Cape, is actively recruiting a highly motivated Junior Financial Analyst to join their dynamic team. This role offers an exciting pathway for individuals possessing strong quantitative skills and a keen interest in financial markets and corporate finance. You will be instrumental in supporting senior analysts with financial modeling, data analysis, forecasting, and reporting, contributing to critical investment and strategic decisions. This position offers the unique advantage of being fully remote, allowing you to work from the comfort of your home while remaining connected to a vibrant team. Our client is dedicated to providing a stimulating professional environment that encourages continuous learning and career progression. You will gain invaluable experience in a challenging yet supportive setting, working with sophisticated financial tools and methodologies. We are committed to fostering talent and supporting the development of future financial leaders within our organization.

Key Responsibilities

• Assist in the preparation of financial statements, reports, and presentations.
• Develop and maintain financial models for forecasting, budgeting, and valuation purposes.
• Conduct financial analysis of key performance indicators, industry trends, and competitor activities.
• Support the budgeting and forecasting process, collaborating with various departments.
• Analyze variances between actual results and budget/forecast, providing explanations and insights.
• Assist in the evaluation of investment opportunities and capital allocation decisions.
• Gather and organize financial data from various sources for analysis.
• Ensure the accuracy and integrity of financial data and reports.
• Contribute to ad-hoc financial analysis and projects as required by management.
• Stay updated on relevant financial regulations, market trends, and best practices.

Requirements

• A Bachelor's degree in Finance, Accounting, Economics, Mathematics, or a related business field.
• Strong understanding of financial principles, accounting concepts, and financial statement analysis.
• Excellent analytical and quantitative skills with a high degree of accuracy.
• Proficiency in Microsoft Excel, including advanced functions (e.g., financial modeling, pivot tables, data manipulation).
• Familiarity with financial databases and software (e.g., Bloomberg, Refinitiv Eikon) is a plus.
• Strong written and verbal communication skills, capable of presenting financial information clearly.
• High level of integrity, professionalism, and attention to detail.
• Self-starter with the ability to work independently and manage time effectively in a remote setting.
• A genuine interest in financial markets and corporate finance.
• Must have a reliable internet connection and a dedicated workspace.

Benefits

• Fully remote work arrangement, providing flexibility and work-life balance.
• Competitive entry-level salary and performance-based bonuses.
• Comprehensive professional development and training programs.
• Opportunity to gain exposure to diverse financial operations and markets.
• Work in a collaborative and intellectually stimulating remote environment.
• Supportive mentorship from experienced financial professionals.
• Clear career progression path within the organization.
• Exposure to advanced financial modeling and analytical techniques.