Senior Finance Analyst: FP&A

MultiChoice Group; South Africa; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading media and entertainment company in South Africa seeks a Financial Analyst to manage budgeting and financial forecasting processes. The role requires expertise in financial modelling and scenario analysis, along with a CA (SA) qualification. Candidates should be proficient in advanced Excel and have experience with SAP BPC. This position offers the opportunity to provide impactful insights to support strategic initiatives.

Qualifications

• Newly qualified CA or similar experience preferred.
• Experience in financial modelling is essential.
• Proficiency in advanced MS Excel is required.

Responsibilities

• Consolidate budgets and forecasts for financial analysis.
• Design flexible budgeting and forecasting processes.
• Provide insights on business performance to stakeholders.

Skills

Financial modelling

Scenario analysis

Cashflow management

Process improvement

Advanced Excel

Education

CA (SA)

Tools

SAP BPC

HFM

Great Plains

Job description

Purpose of the Position:

You are responsible for forward-looking financial information and commercial insight and will support with evaluation of business cases, preparation of margin / scenario / sensitivity analysis and consolidate annual budget and periodic forecasts.

Key Performance Objectives

Provide consolidated planning and targets for MAH group

• Responsible for budget and rolling forecast process
  • Consolidate and perform financial statement analysis of budgets and forecasts.
  • Identify and monitor causal financial relationships to assess reasonability of projections and to act as early warnings when corrective action is required.
  • Manage timelines with all African markets to ensure all deadlines are adhered to.
  • Prepare budget and rolling forecast presentations and assess all inputs for accuracy and ensure sufficient detail is included to support financial impacts.
• Design and implement dynamic and flexible budgeting and forecasting processes that enhance the timely allocation of resources.
• Create different scenarios to facilitate scenario planning, integrate with actual results to analyse trends and extrapolate future impacts.
• Co-ordinate target setting, planning, budgeting and forecasting activities.
• Analysis of monthly reports for Budgets and forecasts, forecast vs actual performance and sensitivity analysis.

Perform Financial Planning and Analysis

• Assist and support senior management with business cases / opportunities and feedback with key recommendations, risks and next steps.
• Perform breakeven and financial analysis using appropriate financial tools (NPV, IRR) to support decision making including external benchmarking to develop strategies and to drive growth.
• Run detailed financial models for revenue and subsidy by managing large data sets in a logical and consistent manner to assist in strategic initiatives and critical decisions.
• Ensure product margin information is kept accurate, up to date and include additional insights whereby margins become the cornerstone of operational decision-making.
• Strong understanding of cashflows and working capital management including examining the receivable collection period, inventory conversion period and payable payment period.
• Support decision making by providing stakeholders with timely, detailed and meaningful insights and visibility on business performance.
• Development, implementation and post implementation maintenance of driver-based models within SAP BPC to provide self-service to subsidiary finance teams and streamline consolidation of the model results.
• Provide key metric information to management by continuously considering ongoing activities in the business and identify new ways to approach tasks to obtain better insight to strategic objectives.
• Challenge the status quo, be a champion of continuous improvement, step out of comfort zones, be misunderstood and continuously tweak the approach until the solution is found.

Qualifications & Experience

• CA (SA)
• New qualified CA, post article experience in a similar role would be advantageous
• Demonstrable experience in financial modelling and scenario analysis
• Defining and implementing automation and process improvement
• Sound knowledge of financial accounting principles
• Computer proficiency, including use of:
  • MS Office (Advanced Excel),
  • SAP and BPC system experience
  • HFM and
  • Great Plains (added advantage)