Financial Analyst

Role & responsibilities

Financial Planning & Analysis

1. Develop and maintain financial models to support strategic initiatives and investment decisions.

2. Prepare monthly, quarterly, and annual financial forecasts and budgets.

3. Analyse actual financial performance against budget and forecasts, identifying key variances and trends.

4. Provide insightful commentary and recommendations to management based on financial analysis.

5. Support the annual budgeting process, working with department heads to develop realistic and achievable budgets.

6. Conduct scenario planning to assess the potential impact of various business conditions on financial performance.

Cost Control & Revenue Management

1. Support contract negotiations by providing financial analysis and insights.

2. Conduct profitability analysis by product line, customer segment, and project.

3. Prepare revenue forecasts and analyse the impact of pricing and promotional activities on revenue.

4. Track and analyse revenue trends, identifying factors driving revenue growth or decline.

5. Develop and implement cost control measures to ensure adherence to budget.

6. Monitor and analyse cost performance, identifying opportunities for cost reduction and efficiency improvements.

Financial Reporting & Compliance

1. Maintain documentation to support financial reporting and compliance activities.

2. Reconcile general ledger accounts and investigate discrepancies.

3. Develop and maintain internal controls to safeguard company assets.

4. Assist with the preparation of audit schedules and support the annual audit process.

5. Ensure compliance with accounting standards and regulatory requirements.

6. Prepare accurate and timely financial reports, including monthly, quarterly, and annual financial statements.

Investment Analysis & Cash Flow Management

1. Assist in the development of financing plans and strategies.

2. Manage relationships with banks and other financial institutions.

3. Prepare cash flow forecasts and analyse the impact of capital expenditures and financing activities on cash flow.

4. Monitor cash flow performance and develop strategies to optimize cash flow.

5. Conduct discounted cash flow analysis, net present value (NPV) calculations, and internal rate of return (IRR) analysis.

6. Evaluate investment opportunities and provide recommendations based on financial analysis.

Data Analysis & Financial Modelling

1. Ensure data accuracy and integrity.

2. Automate financial reporting processes to improve efficiency.

3. Utilize data visualization techniques to communicate financial information effectively.

4. Analyse large datasets to identify trends and insights.

5. Create dashboards and reports to track key performance indicators (KPIs).

6. Develop and maintain financial models using advanced Excel skills.

Cross-Functional Collaboration

1. Work with the accounting team to ensure accurate and timely financial reporting.

2. Present financial results and recommendations to management.

3. Participate in cross-functional projects to improve business processes.

4. Communicate financial information effectively to non-financial stakeholders.

5. Provide financial support to project teams.

6. Collaborate with various departments, including sales, marketing, and operations, to gather financial information and insights.