Financial Analyst (IT Projects)

Flash

2025/02/27 Southern Suburbs (Cape)

Job Reference Number: BA01

Department: Business Architecture

Industry: Accounting/Auditing

Job Type: Permanent

Positions Available: 1

Salary: Market Related

This role requires the individual to obtain a good understanding of the various products, systems and projects managed within the Flash Group and work closely with cross-functional teams to determine viability, assess financial performance, conduct variance analysis and prepare relevant reporting to senior stakeholders.

Job Description

RESPONSIBILITIES:

Financial Analysis:

Analyse financial statements, budgets, and forecasts.

Conduct variance analysis to compare actual results with forecasts and budgets.

Develop financial models to support business decisions.

Evaluate the financial performance of the department, identifying trends and anomalies.

Determine return on investment of various initiatives.

Analyse variances across various systems and products and conduct investigations and related remediation.

Commercial Analysis:

Assess market conditions and industry trends.

Analyse competitor performance and market positioning.

Prepare financial viabilities for various strategic initiatives.

Assess proposed costs and spending of various projects, including alignment to relevant accounting standards.

Reporting:

Prepare detailed financial reports for senior management.

Present insights and recommendations in a clear and concise manner.

Develop and maintain dashboards and performance metrics.

Collaboration:

Work closely with other departments to gather relevant data and insights.

Support cross-functional teams with financial analysis and commercial insights.

Job Requirements

MINIMUM REQUIREMENTS:

Bachelors degree in finance, Accounting, or a related field.

Professional Qualifications Such As CA, CFA, Are Advantageous.

Minimum of 3-5 years of experience in financial analysis, commercial analysis, or a related role.

Proficiency in financial modeling and advanced Excel skills.

Experience with financial software and business intelligence tools such as Power BI.

SKILLS / ATTRIBUTES:

Adaptability:

Flexibility to adapt to changing business environments and requirements.

Resilience in handling high-pressure situations and tight deadlines.

Excellent verbal and written communication skills

Proven ability to quickly learn new applications, processes, and procedures

Data Management:

Ability to manipulate and analyse large datasets.

Knowledge of SQL for data querying and extraction.

Critical Thinking:

Ability to identify trends, patterns, and insights from financial data.

Strong analytical problem-solving skills to address business challenges.

Detail Orientation:

High level of accuracy in financial analysis and reporting.

Keen attention to detail to ensure data integrity and reliability.

Commercial Acumen:

Good understanding of of budget, forecasting and viability principles

Strong grasp and understanding of accounting principles and rules

Communication Skills:

Presentation Skills: Ability to create and deliver clear, concise, and impactful presentations.

Proficiency in visualising data for easy understanding by non-financial stakeholders.

Collaboration Skills:

Communicate effectively with stakeholders to understand their needs and provide appropriate analytical support.

Ability to work independently and as part of a team

Technical acumen:

Understanding of technical systems and infrastructure

Ability to identify and assess financial product requirements of tech projects