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Financial Analyst

This advert has expired and the job is no longer available
Job Number:
00195214
Reference:
SH293
Date Posted:
16 February 2012
Location:
Goodwood, South Africa
Salary/Rate:
R25 000-R35 000 Per Month
Sector:
Accounting > Analyst
Job Type:
Permanent
EE Position:
No
Closing Date:
24 February 2012 Recruiters may expire jobs at any time.

Job Description:


Responsible for analysis, reporting and forecasting on xx Group turnover, debtors assets, income, bad debt and funding,  as well as commercial and financial modelling to support new business opportunities or product changes for the Group.

 Key Accountabilities & Responsibilities

  • Finance business partnering to Group Product Managers, including ad hoc financial modeling on pricing scenarios, reporting and analysis on product income across all products;
  • Financial modeling on product/portfolio profitability and new business opportunities;
  • Overall accountability for the following income statement categories (to month end / budgeting & forecasting): Income, Net Bad Debt, Interest Paid;
  • Responsibility for monthly SME reporting for all card products including written performance commentary with trend analysis;
  • Responsibility for turnover exception reporting including analysis on customer behavior spends;
  • Overall responsibility for calculation of book builds during budgeting and forecasting cycles across all products;
  • Responsibility to liaise with the treasury team during budgeting and forecasting cycles on funding requirements based on debtors asset growth;
  • Responsibility for provision for bad debts and future recoveries modelling during budgeting and forecasting cycles including partnering with the Risk/Decision Science team;
  • Overall responsibility for maintenance of budget models including monthly updating of actuals for book build, turnover, income statement etc.;
  • Responsibility for monthly reporting of the insurance division (Cell captive) to the commercial team including profitability per product and trends;
  • Responsibility for forward view pricing sensitivity analysis including macro-economic updates and business rule changes on products;
  • Production of ad hoc reports and presentations and other value add activities in across Finance.

Minimum requirements

  • Business, commerce or quantitative analysis qualification, or similar.
  • 3 - 5 years relevant experience,  with minimal 3 years’ experience preferably in consumer finance or wider financial services industry.
  • Strong excel and reporting skills.
  • Ability to work as part of a team and strive for continuous improvement.

Personal Competencies

  • Strong analytical, strategic and creative problem solving skills
  • Business acumen & commercial awareness
  • Strong attention to detail
  • Solution-orientated
  • Deadline driven and ability to work under pressure
  • Creative ability to design new reporting to drive business efficiencies
  • Ability to excel in a fast paced changing environment
  • Excellent communication skills and ability to interact at all levels
  • Technical & functional knowledge
  • Strong knowledge of Excel and report writing

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