Job Purpose
The Senior Financial Analyst is responsible for analysing financial data, preparing reports, and providing insights that aid in strategic decision-making. Duties include gathering financial information from various sources, conducting detailed analysis, and creating financial models to forecast future trends.
Duties and Responsibilities
- Conduct in-depth analysis of financial data, including revenue, expenses, and budgets, to provide insights into the organization's financial performance.
- Assist in the development of budgets, forecasts, and financial plans by analyzing trends and making recommendations for future financial decisions.
- Analyze financial variances between actual and budgeted figures, investigating reasons behind discrepancies and providing actionable recommendations.
- Develop complex financial models to support decision-making processes, such as forecasting future financial outcomes and evaluating investment opportunities.
- Gather and compile financial data from multiple sources, ensuring accuracy and completeness for analysis and reporting purposes.
- Prepare and present financial reports, summaries, and findings to management, translating complex data into understandable insights for non-financial stakeholders.
- Conduct cost-benefit analysis for various projects and initiatives, identifying areas for cost reduction or process improvement.
- Monitor financial trends in the market and industry, staying abreast of economic developments that might impact the organization's financial performance.
- Provide strategic financial recommendations based on analysis and evaluation, suggesting improvements in financial processes and policies.
- Collaborate with cross-functional teams, including accounting, marketing, and operations, to gather data and gain insights into the overall business performance.
- Ensure compliance with financial regulations and standards, staying updated on accounting principles and industry best practices.
- Evaluate financial risks and propose strategies to mitigate potential losses, contributing to the organization's risk management efforts.
- Perform ad-hoc financial analysis and special projects as required, addressing specific financial queries from management or stakeholders.
- Perform any relevant additional duties and responsibilities as directed by the immediate superior(s).
Education, Experience & Professional Training
Education : Bachelor degree in Accounting, Economics, Finance or any related field.Experience : 5-6 years of relevant experience, preferably in a related industry.Professional Training : The attainment of Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) certification is a plus.Additional Requirements
Knowledge of international finance standards and protocols, as well as local regulatory requirements.Time management skills.Accuracy and attention to detail.Data gathering & analysis skills.Good communication / interpretation skills.Strong numerical and analytical skills.Ability to manage multiple tasks under deadlines.Proficient in Microsoft Office.#J-18808-Ljbffr