Lead Financial Modeler

Placements24; Durban; Hybrid; ZAR 1,200,000 - 1,900,000; Full time

Benefits offered by this job

Medical coverage

Retirement fund

Paid time off

Remote work policy

Job summary

Placements24 in Durban is seeking a Lead Financial Modeler to design, develop, and implement advanced financial models that support strategic decision-making, investment analysis, and business forecasting. You will lead a team of modelers, ensuring model accuracy and governance, and collaborate with strategy, finance, and investment teams to deliver insights and robust templates.

The role offers a competitive package with medical coverage, a substantial retirement fund contribution, generous

Qualifications

• Master's degree in Finance, Economics, Mathematics, or related quantitative field.
• At least 7 years of progressive experience in financial modeling.
• Proven experience leading and managing a team of analysts or modelers.
• Advanced proficiency in Microsoft Excel, including complex formulas, VBA, and data analysis tools.
• Strong understanding of financial accounting principles, corporate finance, valuation techniques, and investment appraisal.
• Experience with FP&A software and data visualization tools is a plus.
• Excellent analytical, problem-solving, and communication skills.

Responsibilities

• Lead the development, validation, and maintenance of complex financial models for valuation, forecasting, and scenario analysis.
• Oversee the work of the financial modeling team, providing mentorship and quality assurance.
• Collaborate with strategy, finance, and investment teams to understand modeling needs.
• Develop standardized modeling templates and methodologies across the organization.
• Prepare documentation for models and present outputs to senior management.

Skills

Team leadership

Excel VBA

Analytical thinking

Communication skills

Education

Master's degree in Finance, Economics, Mathematics, or related field

Tools

FP&A software

Data visualization tools

Job description

About the Role Our client, a dynamic and growing financial services firm headquartered in Durban , is actively seeking a talented Lead Financial Modeler. This senior role is responsible for the design, development, and implementation of advanced financial models that support strategic decision-making, investment analysis, and business forecasting. You will lead a team of modelers, ensuring the accuracy, integrity, and efficiency of all models produced. This is an excellent opportunity to make a significant impact within a forward-thinking organization located in the vibrant coastal city of KwaZulu-Natal .

Key Responsibilities

• Lead the development, validation, and maintenance of complex financial models for valuation, forecasting, and scenario analysis. Oversee the work of the financial modeling team, providing guidance, mentorship, and quality assurance. Collaborate closely with business stakeholders, including strategy, finance, and investment teams, to understand their modeling needs. Ensure models are robust, scalable, and adhere to best practices in financial modeling and data governance. Develop and implement standardized modeling templates and methodologies across the organization. Conduct sensitivity analysis and stress testing to assess the impact of various assumptions on financial outcomes. Prepare clear and concise documentation for all models, including assumptions, methodologies, and limitations. Present model outputs and insights to senior management, contributing to strategic financial planning.

Requirements

• Master's degree in Finance, Economics, Mathematics, or a related quantitative field.
• A minimum of 7 years of progressive experience in financial modeling, preferably within corporate finance, investment banking, or consulting.
• Proven experience leading and managing a team of analysts or modelers.
• Advanced proficiency in Microsoft Excel, including complex formulas, VBA, and data analysis tools.
• Strong understanding of financial accounting principles, corporate finance, valuation techniques, and investment appraisal.
• Experience with financial planning & analysis (FP&A) software and data visualization tools is a plus.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong written and verbal communication skills, with the ability to explain complex financial concepts clearly.

Our client offers a highly competitive salary package commensurate with experience, including an attractive base salary and performance-based incentives. Benefits include comprehensive medical coverage, a substantial retirement fund contribution, and generous paid time off. This role embraces a Yes remote work policy, allowing for maximum flexibility. You will be part of a collaborative and innovative environment in Durban , with ample opportunities for professional growth and career advancement within the expanding financial sector of KwaZulu-Natal .