Junior Financial Analyst Trainee

Placements24; Sandton; On-site; ZAR 240,000 - 360,000; Full time

Benefits offered by this job

On-the-job training

Mentorship

Competitive salary

Career progression

Certifications support

Job summary

Placements24 in Sandton, Gauteng, invites applications for a Junior Financial Analyst Trainee role within a leading financial services institution. This program offers hands-on exposure to financial planning, analysis, budgeting, forecasting, and reporting while you work alongside senior analysts.

You will develop essential modeling, data gathering, and presentation skills in a structured learning environment, with mentorship and opportunities to pursue professional certifications.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• Strong academic record and keen interest in financial analysis.
• Proficiency in Microsoft Excel and other financial software.
• Excellent analytical, quantitative and problem-solving skills.

Responsibilities

• Assist in the preparation of financial reports (monthly, quarterly, annual).
• Support budgeting and forecasting for various departments.
• Conduct variance analysis to explain discrepancies.

Skills

Analytical mindset

Attention to detail

Communication skills

Teamwork

Education

Bachelor's degree in Finance/Accounting/Economics

Tools

Microsoft Excel

Job description

About the Role

Our client, a leading financial services institution, is seeking to recruit a bright and analytical Junior Financial Analyst Trainee. This role provides an exceptional opportunity to develop a career in finance, gaining practical experience in financial planning, analysis, and reporting. The position is based in the prestigious business district of **Sandton, Gauteng**. You will work closely with senior financial analysts and managers, contributing to critical financial operations, budgeting, forecasting, and performance analysis. This trainee program is designed to equip you with the essential skills and knowledge required for success in the financial industry, offering a structured learning environment and exposure to diverse financial challenges. We are committed to nurturing talent and fostering professional growth within the heart of **Sandton**'s financial hub.

Key Responsibilities

• Assist in the preparation of financial reports, including monthly, quarterly, and annual statements.
• Support the budgeting and forecasting processes for various departments.
• Conduct variance analysis to identify and explain discrepancies between actual and budgeted performance.
• Help in developing financial models to support decision-making.
• Gather and analyze financial data from various sources.
• Assist in the preparation of presentations for senior management.
• Learn and apply accounting principles and financial regulations.
• Contribute to process improvements within the finance department.

Requirements

• A relevant Bachelor's degree in Finance, Accounting, Economics, or a related field.
• A strong academic record and a keen interest in financial analysis.
• Proficiency in Microsoft Excel and other financial software.
• Excellent analytical, quantitative, and problem-solving skills.
• Strong attention to detail and accuracy.
• Good written and verbal communication skills.
• Ability to work independently and as part of a team in a fast-paced environment.
• Must be based in or willing to relocate to **Sandton, Gauteng**.
• Eagerness to learn and pursue professional development (e.g., CFA, ACCA).

Benefits

• Comprehensive on-the-job training in financial analysis and planning.
• Mentorship from experienced financial professionals.
• Competitive entry-level salary and potential for performance-based bonuses.
• Opportunities for career advancement within a reputable financial institution.
• Exposure to complex financial operations in **Sandton, Gauteng**.
• Support for professional certifications and ongoing education.
• A dynamic and challenging work environment in a leading financial centre.