Financial Analyst

SUMMARY:

JOB DETAILS

 Purpose

Financial analysts are responsible for financial planning, analysis and financial projections. They forecast future revenues and expenditures to establish cost structures and determine capital budgeting for projects.

POSITION INFO:

Key Responsibilities

• Financial Appraisals and Portfolio Reports
• Cost Analysis
• Accounting
• Auditing and Compliance
• Evaluation and Learning
• Communications and Technical Support

Behavioural Competencies

• Client Service Orientation: Client-service orientation implies helping or serving others, to meet their needs. It means focusing on discovering those needs and figuring out how to best meet them.  The term “clients” refers to both internal and external clients (Advanced level)
• Concern for Quality and Order: Desire to see things done logically, clearly and well.  It takes various forms: monitoring and checking work and information, insisting on the clarity of roles and duties, setting up and maintaining information system (Competent level)
• Effective Communication: Ability to transmit and receive information clearly and communicate effectively to others by considering their points of view to respond appropriately. This may involve listening, interpreting, formulating and delivering: verbal, non-verbal, written, and/or electronic messages. It includes the ability to convey ideas and information in a way that brings understanding to the target audience (Competent level)
• Emotional Intelligence: Capacity for recognising their own feelings and those of others, for motivating themselves and others as a result of this awareness, and for managing emotions within themselves and in others (Competent level)
• Integrity / Honesty: Contributes to maintaining the integrity of the organisation; displays high standards of ethical conduct and understands the impact of violating these standards on an organisation, self, and others; is trustworthy (Advanced level)
• Resources Planning: Organizes work, sets priorities and determines resource requirements; determines short- or long-term goals and strategies to achieve them; coordinates with other organisations or parts of the organisation to accomplish goals; monitors progress and evaluates outcomes (Competent level)
• Systems Thinking: Orientation to think in system-wide terms with regards to functions or campuses within the system. This includes spotting opportunities to connect with initiatives underway in other areas or proactively sharing information or resources that can be seen to have relevance and impact for others (Competent level)
• Systems Thinking: Orientation to think in system-wide terms with regards to functions or divisions within the organisation. This includes spotting opportunities to connect with initiatives underway in other areas or proactively sharing information or resources that can be seen to have relevance and impact for others (Competent level)
• Valuing Diversity: Ability to understand and respect the practices, customs, values and norms of other individuals, groups and cultures.  Include the ability to respect and value different points-of-view, and to be open to others of different backgrounds or perspectives. It includes seeing others’ differences as a positive part of the System. It also means being able to work well with a wide variety of people representing different backgrounds, cultures and socio-economic levels (Competent level)
• Vision and Purpose: Foster vision, mandates, values: Models and promote high personal and professional standards that support the organisation''s vision, mandate and values. Share goals, objectives and ideas to encourage others to work towards the vision (Competent level)

Technical Competencies

• Financial Management: Knowledge of budgeting, forecasting, financial modelling, financial reporting, accounting, financial statement drafting, statutory compliance (Expert level)
• Auditing & Internal Control: Knowledge of internal control assessment, including risk assessment, design and review of standard operating procedures, reports to management indicating weaknesses found and recommendations (Expert level)
• Project Management: Knowledge of the principles, methods, or tools for developing, scheduling, coordinating, and managing projects and resources, including monitoring and inspecting costs, work, and contractor performance. (Competent level)
• Public Sector & Grant/Development Fund: Knowledge of PFMA, GRAP, Grant or development funds assessment, disbursements, grant or development funds expenditure monitoring and also conduction and assisting in research related to portfolio performance, project performance and contribution to lessons learnt on implementation and roll-out of various programmes. (Competent level)
• Computer Literacy: Knowledge and ability to use computers and technology efficiently. Refers to the comfort level someone has with using computer programs and other applications associated with computers (MSOffice, Internet, email) (Competent level)

Qualifications

• Degree/Diploma (NQF Level 7) in Accounting or Finance or Auditing

Experience

• Minimum of 2 years’ experience in Financial reporting, auditing, and financial analysis
• Public sector and or grant / development management experience

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