Junior Financial Analyst

Placements24; Soweto; On-site; ZAR 180,000 - 240,000; Full time

Job summary

Placements24 is seeking a Jr. Financial Analyst in Soweto to support the finance team with data collection, reporting, and forecasting.

You will work closely with senior analysts and the finance manager, gaining hands-on experience in financial analysis and reporting while developing your career in a dynamic banking and finance environment. This entry-level role emphasizes learning, accuracy, and proactive problem solving, with training provided and opportunities for progression within the

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• Proficiency in Microsoft Excel (formulas, pivot tables).
• Strong analytical and problem-solving abilities with excellent attention to detail.
• Good written and verbal communication skills; ability to work independently or in a team.

Responsibilities

• Assist in the preparation of monthly, quarterly, and annual financial reports.
• Support budgeting and forecasting processes by gathering data and performing preliminary analysis.
• Help maintain financial models and databases, ensuring data accuracy and integrity.
• Conduct variance analysis, identifying discrepancies between actual results and forecasts/budgets.
• Assist in preparing presentations for management and other stakeholders.
• Support ad-hoc financial analysis requests from various departments.
• Help reconcile financial data and ensure compliance with internal policies.
• Learn and apply accounting principles and financial analysis techniques.
• Collaborate with team members to achieve departmental goals.

Skills

Analytical thinking

Attention to detail

Communication skills

Teamwork

Education

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

Tools

Microsoft Excel

Job description

About the Role

Our client, a dynamic financial services company located in Soweto, is actively recruiting a bright and motivated Junior Financial Analyst to support their growing finance team. This entry-level position is perfect for ambitious individuals looking to kickstart their career in finance and gain hands‑on experience in financial analysis, reporting, and forecasting. You will work closely with senior analysts and the finance manager, assisting with data collection, report generation, and ad-hoc analysis. The role requires strong analytical skills, attention to detail, and a proactive attitude. This is an excellent opportunity to learn and grow within a supportive environment in the vibrant economic landscape of Gauteng.

Key Responsibilities

• Assist in the preparation of monthly, quarterly, and annual financial reports.
• Support the budgeting and forecasting processes by gathering data and performing preliminary analysis.
• Help maintain financial models and databases, ensuring data accuracy and integrity.
• Conduct variance analysis, identifying and investigating discrepancies between actual results and forecasts/budgets.
• Assist in the preparation of presentations for management and other stakeholders.
• Support ad‑hoc financial analysis requests from various departments.
• Help reconcile financial data and ensure compliance with internal policies.
• Learn and apply accounting principles and financial analysis techniques.
• Contribute to the efficiency and effectiveness of the finance department.
• Collaborate with team members to achieve departmental goals.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a closely related field.
• Basic understanding of financial accounting principles and financial analysis techniques.
• Proficiency in Microsoft Excel (e.g., formulas, pivot tables) is essential.
• Strong analytical and problem‑solving skills with meticulous attention to detail.
• Good written and verbal communication skills.
• Ability to work effectively both independently and as part of a team.
• Eagerness to learn and develop skills in financial analysis and reporting.
• Proactive attitude and willingness to take on new challenges.
• Previous internship experience in finance or accounting is a plus.
• Reside in or willing to commute to Soweto for the role.

Benefits

• Competitive entry-level salary and potential for annual increases based on performance.
• Opportunity to gain valuable experience in a reputable Banking & Finance company.
• Comprehensive training program to develop your financial analysis skills.
• Exposure to various aspects of financial operations and reporting.
• Supportive team environment fostering professional growth.
• Contribution to a growing company within the Gauteng region.
• Potential for career progression within the finance department.