Financial Analyst

DEPARTMENT

Finance

POSITION

Financial Analyst

POSITION TYPE

Permanent

MINIMUM QUALIFICATIONS

AND EXPERIENCES

• Matric
• BCOM Accounting, Economics, BSC Finance or studying towards these qualifications
• Experience in billings, collections and / or financial analysis is essential
• 2 years+ relevant experience
• Experience working in financial services industry desirable

JOB RESPONSIBILITIES

· Key financial analysis and metrics e.g. new business cancellations vs existing business cancellations, break even and profitability analysis of campaigns, cost of acquisition, etc.

· Financial modelling when required

· Variances analysis

· Data Analysis: Oncor, Lapse, Churn and Persistency calculations

· Preparing Budgets and assisting with year-end audits

· Responsible for preparation, submission and analysis of each collection/bill run

· Review and preparation of Bordereaux reconciliations to ensure all commission structures are in line with SLAs

· Review weekly refunds from Client Services and prepare payment instructions

· Responsible for the timely resolution of all queries relating to submissions

· Responsible for completeness and accuracy of customer premium collections.

· Pay through the bank stats for Client Services and Sales

· Preparing and forecasting monthly revenue estimates

· Journal entries when required

· Ensuring our databases are in sync with our Policy Administrators

· Effective engagement and contribution with other departments to achieve company goals

CHARACTERISTICS OF THE REQUIRED CANDIDATE

· Advance excel

· Financial modelling capabilities

· Report writing skills

· Ability to communicate and engage with all levels of management

· A good understanding of financial concepts. A good understanding of financial reporting methodology

· An understanding of accounting processes / practices and their impact on financial reporting

· Ability to manipulate large volumes of financial data accurately and efficiently

· Ability to see the “big picture” to understand the impact of financial reports provided

· Stress management and the ability to manage and co-ordinate deadlines under pressure

· Excellent time management skills (the ability to plan, prioritize and meet deadlines)

WORKING HOURS

Monday to Friday 8.00 to 17.00 or as per campaign requirements