Junior Financial Analyst

Placements24; Paarl; Hybrid; ZAR 180,000 - 280,000; Full time

Benefits offered by this job

Health benefits

Retirement plan

Professional development

Job summary

Placements24 in Paarl, Western Cape, SA is seeking a Junior Financial Analyst to join the finance team on a hybrid basis. The role offers exposure to financial planning, analysis, and reporting, with a supportive learning environment for recent graduates.

You will work with senior professionals on data analysis, modeling, and presenting insights to multiple departments, developing your finance career through hands-on projects and professional development opportunities.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field.
• Strong analytical and quantitative skills.
• Proficiency in Microsoft Excel, including advanced functions (e.g., VLOOKUP, Pivot Tables).
• Understanding of financial statements and accounting principles.
• Excellent communication and presentation skills.

Responsibilities

• Assist in the preparation of monthly, quarterly, and annual financial reports.
• Support the budgeting and forecasting processes.
• Conduct variance analysis and provide explanations for financial performance deviations.
• Develop and maintain financial models to support business planning and decision-making.
• Analyze financial data to identify trends, risks, and opportunities.

Skills

Analytical skills

Excel proficiency

Financial modeling

Team collaboration

Communication skills

Education

Bachelor's degree in Finance/Accounting/Economics

Job description

About the Role

Our client, a growing financial services firm in Paarl, Western Cape, ZA , is seeking a motivated and analytical Junior Financial Analyst to join their dynamic team. This entry-level position is ideal for recent graduates looking to build a career in finance, offering exposure to financial planning, analysis, and reporting. You will work closely with senior finance professionals, contributing to key financial processes that support strategic decision-making. The role involves data analysis, modeling, and providing insights to various departments. We offer a supportive environment where learning and development are prioritized, with opportunities to gain comprehensive experience across different areas of finance. This role utilizes a hybrid work model, allowing for effective collaboration and flexibility. Your presence in our Paarl, Western Cape, ZA office will be essential for team synergy and in-person client interactions.

Key Responsibilities

• Assist in the preparation of monthly, quarterly, and annual financial reports.
• Support the budgeting and forecasting processes.
• Conduct variance analysis and provide explanations for financial performance deviations.
• Develop and maintain financial models to support business planning and decision-making.
• Analyze financial data to identify trends, risks, and opportunities.
• Assist in the preparation of presentations for senior management and stakeholders.
• Perform ad-hoc financial analysis as required by the business.
• Ensure accuracy and integrity of financial data.
• Collaborate with other departments to gather financial information.
• Stay updated on financial regulations and industry best practices.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field.
• Strong analytical and quantitative skills.
• Proficiency in Microsoft Excel, including advanced functions (e.g., VLOOKUP, Pivot Tables).
• Understanding of financial statements and accounting principles.
• Excellent communication and presentation skills.
• Ability to work effectively in a team and manage multiple priorities.
• Detail-oriented with a commitment to accuracy.
• Eagerness to learn and develop professionally in the finance sector.
• Familiarity with financial planning software is a plus.
• CFA or similar designation in progress is advantageous.

Benefits

This hybrid role offers a competitive salary, comprehensive health and retirement benefits, and significant opportunities for professional growth and development, including support for professional certifications. Our client fosters a collaborative and intellectually stimulating work environment. You will gain valuable experience across diverse financial functions. Enjoy a flexible work arrangement that balances remote work with essential team collaboration. Be part of a company that invests in its employees' success and offers a clear career path in Paarl, Western Cape, ZA . Professional development courses and workshops are provided. Contribute to the financial health and strategic direction of the firm.