Deputy Director: Financial Analyst (06 Months Contract)

SUMMARY:
JOB PURPOSE:

• To analyse corporate financials and appraise investment proposals from public, private and non-governmental organisations as they relate to the organization applications and the company's portfolio of investments in activities that contribute directly to enhanced employment creation in South Africa.
  

POSITION INFO:
MINIMUM REQUIREMENTS:

• Degree or equivalent qualification (NQF 7) in Finance, Project Finance or Economics or related field.
• Postgraduate qualification in Finance would be advantageous
• Minimum 4 years post-training/ internship experience.
• Experience in the public sector would be advantageous
  

• Prepare and maintain mandated documents as required.
• Review Jobs Fund (JF)policies for alignment with accounting standards and provide explanations on processes and techniques and recommend actions.
• Assist Jobs Fund staff in interpreting laws, rules, and regulations, and clarifying procedures
• Assist the JF in the management and interpretation of the Auditing regulations and procedures

• Appraise new investment proposals (due diligence) and opportunities submitted through the Calls for Proposals
• To conduct a financial appraisal of the application, which includes analysing the proposed financial model.
• Utilise and Quality Assure the Activity Based Costing Project Implementation Monitoring Plan (ABC PIMP) to capture and review the Application proposals.
• Determine optimal funding allocations including:
• Establishing standard costs across models.
• Collecting operational data on models.
• Conduct commercial analysis, financial modelling and analysis, risk analysis and institutional analysis
• Prepare appraisal reports for submission.
• Review proposed contracts for adherence to Jobs Fund policy, existing laws and regulations
• Negotiate project Appraisal documents

• Analyse investment project reports and corporate financials.
• Examine accounting data for accuracy, appropriateness and documentation
• Compare and analyse actual results with plans and forecasts to identify financial status and monitor variances
• Audit documents submitted for payment and verify compliance with Jobs Fund guidelines
• Identify, report and ensure resolution of non-compliance issues and project risks.
• Prepare disbursement request reports for consideration.
• Monitor and check approved disbursements to projects.
• Monitor and report on project progress post-investment.
• Prepare and submit surplus Memos for implementation projects.

• Coordinate with other members of the JF Project Management Unit (PMU) to review financial information and forecasts.
• Analyse current and past financial data and performance, identify trends in financial performance and provide recommendations for improvement.
• Provide information and technical support in the development and revision of policies and regulations.
• Assist with the compilation of data, financial reports and interpretation of legislated financial reporting requirements and regulations.
• Review and verify statistical and financial information and prepare financial reports as requested.
• Analyse and interpret data, conduct comparative analyses and recommend actions.

• Liaise with implementing stakeholders and promote a culture of adherence towards efficiency and achievement of value for money.
• Promote knowledge management through research and publication of papers.
• Maintain communication with staff regarding financial matters.
• Manage team dynamics in order to meet the Fund’s objectives.
• Assist with the development and maintenance of financial models and forecasting methodologies and tools.