Junior Financial Analyst

Flash; South Africa; On-site; ZAR 250 000 - 350 000; Full time

Job summary

A leading technology company in South Africa is seeking a Junior Financial Analyst to support their Cellular team in financial analysis and reporting. The role involves preparation of financial statements, budgeting, data management, and research on industry trends. This position is ideal for recent graduates looking to start their career in finance and gain valuable experience.

Qualifications

• Recent graduate with a degree in Finance or related field.
• Strong analytical skills and attention to detail.
• Ability to work collaboratively in a team.

Responsibilities

• Assist in the preparation of financial statements.
• Conduct variance analysis for forecasts and budgets.
• Support the budgeting process and update forecasts.
• Gather financial data and maintain databases.
• Research market trends and competitor performance.

Skills

Financial analysis

Budgeting

Forecasting

Data management

Research

Education

Finance-related degree

Job description

Overview

Company : A well-established brand with a global strategy, that prides itself on making people’s lives easier through frontier technology that creates enabling opportunities.

Culture : At FLASH, we realise that “the way we do things around here” drives our business and enables us to achieve our purpose of “Making People’s Lives Easier”. Our 3 values are the drumbeat of our business :

• We are all in
• We have each other’s backs
• We are brave

These values help us to make our People’s lives easier by creating a culture where people come to work because it’s a place where they can engage in meaningful work, in a supportive environment where they can be the best version of themselves and achieve the remarkable!

Job Role

The Junior Financial Analyst will support the Cellular (Airtime) team in analysing financial data, preparing reports, and assisting in day-to-day operational requirements. This position is ideal for individuals looking to start their career in finance and gain valuable commercial experience in financial analysis, forecasting, and strategic planning.

Responsibilities

Financial Analysis and Reporting :

• Assist in the preparation of financial statements, including income statements, balance sheets, and cash flow statements.
• Conduct variance analysis to compare actual results to forecasts and budgets.
• Prepare monthly, quarterly, and annual financial reports for senior management.
• Determination of the key financial KPI’s

Budgeting and Forecasting :

• Support the budgeting process by gathering data, inputting figures, and analyzing trends.
• Assist in creating and updating financial forecasts based on current data and market trends that need to be communicated timeously with internal and external stakeholders.

Stock Management :

• SKU availability and stock levels
• Monthly stock reconciliations and stock ageing management

Data Collection and Management :

• Gather financial and operational data from various departments and ensure its accuracy and completeness.
• Maintain and update financial databases and spreadsheets.

Research and Analysis :

• Conduct research on industry trends, market conditions, and competitor performance.
• Assist in performing financial analysis related to specific projects or business initiatives.

Support Functions :

• Provide support to financial analysts and finance managers / accountants as needed.
• Assist in special projects and ad-hoc financial analysis requests.