Job category: Banking, Finance, Insurance.
Contract: Permanent
Remuneration: Market Related
EE position: Yes
About our company:
The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.
Introduction
We are currently recruiting for an experienced Senior Commercial Analyst to join our team.
Job summary
To support execution of category management, strategic sourcing, contracting and supplier management activities across various categories in the JSE enabling a procurement function that will support the head of procurement and deliver on relevant scorecard deliverables on the CFO and the CEO's scorecard.
Results Deliverables
- Provide strategic thinking and contributions to crafting of departmental business / cost plans based on professional knowledge and experience, to ensure delivery of focus areas for the year in support of departmental strategy.
- Ensure systems, products or projects delivered contribute to improve client / JSE service by providing input on budgets, resources required, and processes based on the understanding of costs, business objectives and relationship with stakeholders.
- Contribute to meaningful cost reduction / optimisation at all levels through applying cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets.
- Assist with the formalisation of the Finance Department's divisional budget and the coordination and consolidation thereof to ensure that the information provided meets the expectation of the finance team.
- Provide financial guidance and advice to stakeholders to assist them to accurately account for activities in order to ensure adherence to JSE guidance and statutory reporting.
Stakeholder Relationship Management
- Ensure thorough knowledge and understanding of client's business through regular business interaction to also highlight challenges that clients are faced with to apply creative efforts necessary to meet client's needs.
- Conduct formal feedback sessions with stakeholders to assist in ensuring continuous client satisfaction.
- Build sustainable relationships with clients through gaining clients trust and confidence in one's ability by meeting their business needs.
- Build credibility with clients by demonstrating professionalism, knowledge and efficiency so that clients are willing to consider input when taking business decisions.
- Participate in internal forums and show interest in business issues and projects outside the scope of work during constant interaction with business to build and expand internal network.
- Maintain social network, web presence and membership of industry fellowship to build external networks.
- Assess stakeholder satisfaction through regular meetings and feedback reports which will include any positive or negative feedback received from the stakeholders regarding the professionalism and timeous nature of interaction.
Process Management
- Manage own delivery against agreed deliverables and set timelines, identify obstacles to delivery and take appropriate action where required.
- Create and design financial models and reports via Excel for the developers to implement into the financial (IDU) tool to execute rolling forecast and budgeting.
- Ensure automation of processing and reporting functions to improve departmental efficiencies.
- Perform monthly maintenance and request enhancements to the financial (IDU) tool to streamline processes and contribute to time saving activities.
- Analyse the monthly, year to date as well as annual actuals information and compare against budget to determine variances against the last month's estimate and the original budget and raise accruals accordingly.
Minimum Qualifications
- BCom Degree / B-Tech in Accounting
- Post-graduate (Honours / CTA) Degree in Cost and Management accounting / Accounting / CIMA (Chartered Institute for Management Accountants)
- Preferred: CA(SA) / ACCA / CIMA
- 4 years in the environment of which 3 will have been as an analyst
Knowledge and Skills required
- Basic software applications (e.g., Outlook, Word, Excel, Access, Internet, Email)
- Divisional service offerings
- Business continuity standard
- Business principles
- Data analysis
- Decision-making process
- Industry trends
- International Standards for Professional Practice
- Understanding of financial processes
- Understanding of project accounting - reporting, monitoring