Senior Financial Analyst

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

Benefits offered by this job

Hybrid work model

Medical aid

Retirement savings plan

Professional development

Generous annual leave

Team events

Access to advanced financial tools

Job summary

Placements24 in Cape Town, Western Cape, seeks a Senior Financial Analyst to lead financial planning, forecasting and strategic decision-making across the business.

The role is hybrid, combining in-office collaboration with remote flexibility. You will build models, analyze variances, present to senior leadership and support cross-functional initiatives.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• Master’s degree or CFA/CA is a strong advantage.
• 5+ years of progressive experience in financial analysis within Banking & Finance.
• Proficient in financial modeling, valuation techniques, and financial statement analysis.

Responsibilities

• Develop and maintain detailed financial models for budgeting, forecasting, and long-term planning.
• Conduct variance analysis, identify key drivers, and provide explanations to management.
• Prepare financial reports, presentations, and dashboards for senior leadership.
• Assist in annual budget preparation and re-forecasts.
• Evaluate investment opportunities and perform feasibility studies.
• Monitor KPIs and provide recommendations for improvement.
• Collaborate with cross-functional teams to gather financial data.
• Ensure compliance with internal policies and external regulations.
• Support ad-hoc financial analysis and projects as required.

Skills

Financial modeling

Variance analysis

Data interpretation

Excel proficiency

Communication skills

Stakeholder management

Education

Bachelor's degree in Finance/Accounting/Economics

Master's degree or CFA/CA

Tools

SAP

Oracle

Hyperion

Tableau

Power BI

Job description

About the Role

Our client, a prominent financial institution in **Cape Town, Western Cape**, is seeking a highly analytical and detail-oriented Senior Financial Analyst to join their dynamic team. This is an exciting opportunity to contribute to critical financial planning, forecasting, and strategic decision-making processes within a leading organization. The role demands a proactive individual with strong problem-solving skills and the ability to translate complex financial data into actionable insights. You will play a pivotal role in driving financial performance and supporting key stakeholders across the business. This hybrid position offers a blend of in-office collaboration and remote flexibility, allowing for a balanced work-life integration. We are looking for a candidate who thrives in a fast-paced environment and is eager to make a significant impact.

Key Responsibilities

• Develop and maintain detailed financial models for budgeting, forecasting, and long-term strategic planning.
• Conduct in-depth variance analysis, identifying key drivers and providing insightful explanations to management.
• Prepare comprehensive financial reports, presentations, and dashboards for senior leadership.
• Assist in the preparation of the annual budget and periodic re-forecasts.
• Evaluate investment opportunities and perform financial feasibility studies.
• Monitor key performance indicators (KPIs) and provide recommendations for improvement.
• Collaborate with cross-functional teams to gather financial data and support business initiatives.
• Ensure compliance with internal financial policies and external regulations.
• Support ad-hoc financial analysis and projects as required by management.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• A Master's degree or professional certification (CFA, CA) is a strong advantage.
• Minimum of 5 years of progressive experience in financial analysis, corporate finance, or a similar role within the **Banking & Finance** sector.
• Proven expertise in financial modeling, valuation techniques, and financial statement analysis.
• Proficiency in Microsoft Excel (advanced functions, pivot tables, macros) and financial software (e.g., SAP, Oracle, Hyperion).
• Strong understanding of accounting principles and financial reporting standards.
• Excellent analytical, quantitative, and problem-solving skills with meticulous attention to detail.
• Superior communication and presentation skills, with the ability to articulate complex financial information clearly and concisely.
• Ability to work independently and manage multiple priorities in a deadline-driven environment.
• Experience with data visualization tools (e.g., Tableau, Power BI) is a plus.
• Familiarity with the South African financial market and regulatory landscape.

Benefits

• Competitive annual salary commensurate with experience.
• Performance-based bonuses.
• Comprehensive medical aid and retirement savings plan.
• Opportunities for professional development and continuous learning.
• Generous annual leave entitlement.
• Hybrid work model promoting work-life balance.
• Collaborative and supportive team environment.
• Access to cutting-edge financial tools and technologies.
• Potential for career advancement within a leading financial institution.
• Regular team-building activities and social events.