Senior Financial Analyst

Placements24; Durban; Hybrid; ZAR 800,000 - 1,100,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Professional development

Paid time off

Team events

Job summary

Placements24 is recruiting a Senior Financial Analyst for our client, a leading financial institution in Durban. The role focuses on advanced financial modeling, budgeting, and strategic planning to drive performance.

You will build and maintain financial models, analyze variances, and present findings to senior management while supporting acquisitions evaluation and FP&A activities in a fast-paced environment.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• Master's degree or professional certification (CFA/CA) is a plus.
• Minimum of 5 years in financial analysis, corporate finance, or investment banking.
• Proficiency in financial modeling, forecasting, and valuation techniques.
• Advanced Excel skills, including pivot tables, VLOOKUP, and complex formulas.
• Experience with FP&A software (e.g., SAP BPC, Oracle Hyperion) is preferred.
• Strong understanding of accounting principles and financial statements.
• Excellent analytical, problem-solving, and critical thinking skills.
• Superior communication and presentation skills.
• Proven ability to work independently and manage multiple priorities in a fast-paced environment.
• Experience in the Banking & Finance sector is highly advantageous.

Responsibilities

• Develop and maintain complex financial models to forecast revenue and expenses.
• Conduct variance analysis and explain deviations from budget/forecast.
• Prepare detailed financial reports for senior management.
• Assist in annual budgeting and long-term strategic planning.
• Evaluate investment opportunities and perform due diligence.
• Monitor KPIs and provide actionable recommendations.
• Collaborate with departments to gather financial data.
• Support finance team on ad-hoc projects.
• Ensure compliance with regulations and internal policies.
• Identify opportunities for process improvements in finance.

Skills

Financial modeling

Forecasting

Valuation techniques

Advanced Excel

FP&A software

SAP BPC

Oracle Hyperion

Accounting principles

Analytical thinking

Presentation skills

Independent work

Education

Bachelor's degree in Finance/Accounting/Economics

Master's degree or professional certification

CFA/CA certification

Tools

SAP BPC

Oracle Hyperion

Microsoft Excel

Job description

About the Role

Our client, a leading financial institution, is seeking a highly skilled and experienced Senior Financial Analyst to join their dynamic team in Durban, KwaZulu-Natal . This pivotal role will involve in-depth financial analysis, strategic planning, and providing critical insights to support key business decisions. The successful candidate will play a crucial part in driving financial performance and ensuring the accuracy and integrity of financial reporting. This is an excellent opportunity for a motivated professional to advance their career in a challenging and rewarding environment within the vibrant Durban financial sector.

Key Responsibilities

• Develop and maintain complex financial models to forecast future revenue and expenses.
• Conduct thorough variance analysis and provide explanations for deviations from budget and forecast.
• Prepare detailed financial reports and presentations for senior management.
• Assist in the annual budgeting and long-term strategic planning processes.
• Evaluate investment opportunities and perform due diligence on potential acquisitions.
• Monitor key financial performance indicators (KPIs) and provide actionable recommendations.
• Collaborate with various departments to gather financial data and ensure accuracy.
• Support the finance team in ad-hoc financial projects and analyses.
• Ensure compliance with relevant financial regulations and internal policies.
• Identify opportunities for process improvements within the finance department.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• A Master's degree or professional certification (e.g., CFA, CA) is a plus.
• Minimum of 5 years of progressive experience in financial analysis, corporate finance, or investment banking.
• Proficiency in financial modeling, forecasting, and valuation techniques.
• Advanced Microsoft Excel skills, including pivot tables, VLOOKUP, and complex formula creation.
• Experience with financial planning and analysis (FP&A) software (e.g., SAP BPC, Oracle Hyperion) is preferred.
• Strong understanding of accounting principles and financial statements.
• Excellent analytical, problem-solving, and critical thinking skills.
• Superior communication and presentation skills, with the ability to articulate complex financial information clearly.
• Proven ability to work independently and manage multiple priorities in a fast-paced environment.
• Experience in the Banking & Finance sector is highly advantageous.

Benefits

• Competitive annual salary of ZAR.
• Comprehensive health insurance coverage.
• Retirement savings plan with employer contribution.
• Opportunities for professional development and continuous learning.
• A dynamic and collaborative work environment in Durban .
• Generous paid time off and holiday schedule.
• Potential for career advancement within a growing organization.
• Access to modern office facilities and resources.
• Regular team-building activities and social events.
• Performance-based bonuses and incentives.