The Financial Analyst is responsible for forecasting/predicting and analysing financial data while partnering across Finance and the entire organisation. His/her core responsibilities revolve around modelling the financial ecosystem, evaluating revenue and cost planning, budgeting, evaluating ROI, developing actionable insights and influencing management to enable revenue growth and or maximising income streams.
You have a degree in Accounting, Finance, Economics, or related
You have a professional qualification in ACCA and or CPA, CFA
You have excellent written and spoken English
You have at least 3 years of experience in a similar role with a reputable medium to large organization
You posses detailed knowledge of Investment and Financial Analysis
Nice to have:
Experience of working in a multi-cultural environment
Knowledge of donor policies and procedures
Previous experience of working in DFID-funded projects
Languages: French, local African languages
Responsibilities
Strategic Planning and Management
Ensure that FSD Africa and FSDAI are provided with the financial analysis and support necessary to accomplish their strategic and tactical objectives:Work together with the CFO and Finance Manager to develop and implement FSD Africa's finance performance management system (including KPI’s) that monitor the performance of FSD Africa and FSDA(I) against development partners ToRs
Carry out research on FSD Africa's operational context to identify changes in development partner financing practices and develop strategies for financing that will impact FSD Africa's strategic achievement
Design and create dashboards, templates and other visualisations to present actionable insights related to financial data sets and business questions at hand
Participate in the development of financial and tax strategies, together with performance measures and monitoring systems that support the company's strategic direction
Budgeting and Forecasting
Oversee the development and implementation of FSD Africa and FSDAI budgets, making adequate and reliable forecasts to support decision making:Work with FSD Africa and FSDAI Senior Managers to determine the financial implications of business and work plans; supporting the development of accurate short- and long-term budgets, capital budgets, and financial plans
Make quarterly forecasts to confirm the availability of financial resources and anticipate any shortages; consolidation and reporting of financial activities
Develop mechanisms for monitoring, controlling and reviewing budget implementation
Monitor monthly financial performance against budgets; investigate on reported variances and advise on corrective measures to be taken
Monitor spend against budget; includes timely informing management on variances from the established budget and the reasons for those variances
Team Leadership and Functional Management
Lead the Finance Analyst team in effective and efficient provision of high levels of (internal and external) customer service:Build and maintain a cohesive team; ensuring that the unit is resourced with the technical expertise necessary to deliver on responsibilities whilst remaining lean and efficient
Provide leadership to the unit, managing their performance and providing an engaging leadership style to ensure motivation; carry out their performance appraisals and identify training and development needs
Build capacity of the team to perform effectively through supporting and encouraging innovation in both process-improvement and new areas of work
Financial Modelling and Analysis
Ensure effective use of data modelling practices to analyse available and researched data, and provide advice on strategic and operational areas of improvement:Develop and execute detailed financial and predictive analysis including advanced financial modelling, profitability analysis, monitoring business issues, and impact to the bottom line
Analyse financial information and produce cashflow forecasts to aid in comprehensive investment decision-making
Carry out complex financial analysis of business functions and processes; identify and communicate key insights to CFO with recommendations
Liaise with the Finance Manager to obtain financial information for performance, ratio and trend analysis, cost analytics, and provide timely and accurate reports
Engage in benchmarking studies to establish areas of potential financial operational improvement
Financial Administration
Ensure that routine financial administration is carried out in accordance with good accounting practice:Develop a database of key financial variables in each of FSD Africa's business areas, to enable cross-project comparisons to be made, and to assist and speed up the preparation of new project budgets
Co-ordinate the process of documenting the financial aspects of lessons learned and reporting on progress being made
Participate in training internal staff on financial aspects of the business in order to improve levels of financial awareness
Policies, Procedures and Systems
Develop and support the implementation of policies, procedures and operational systems that will ensure smooth running of FSD Africa finances, as well as support the planning and mapping of business processes for improvement:Develop and monitor the performance of existing financial policies, procedures and systems in order to identify areas for improvement; take corrective action as appropriate
Support the CFO in the planning and mapping of business processes, identifying and recommending opportunities for improvement
Ensure that all FSD Africa's financial activities, procedures, and reporting meet statutory and payroll requirements
Job Requirements
Required education
: Bachelor's degree
Required relevant work experience
: 3 years
Required languages:
English (Spoken: fluent | Written: fluent)
Want to see how you rank against other applicants?
Get detailed analysis on Fuzu Instant Feedback
YouVS
Sign up to learn more
