Financial/Performance Analyst & Research at Alexander Forbes

Job description

Main Purpose

To contribute to the overall financial success of organization redesign of Shared Services in the delivery of effective, efficient, prompt and professional service to all stakeholders within the timescales and to the quality expected. To be responsible and to provide support and various financial analyses, financial models, cost impact analysis, trends, performance scorecards, cost tracking research but not limited to the examples mentioned. To be responsible for the information gathering related to financial information and non-financial information in support of Shared Services deliverables. To be responsible for the transition support and development of scorecard to track progress and results. To insure that all stakeholders are consulted and engage within the timescales and to the standard expected. To be a Shared Services ambassador in all you do.

Experience and Requirements

• 5 Years specific experience in cost analysis, activity costing, and scorecard management will be beneficial.
• Extensive knowledge in modelling financial and non-financial scenarios.
• Regular relevant training to keep up to date with changes
• Adherence to team SOP
• Willing to work extended working hours
• High level of availability
• Relevant training to keep up to with industry norms and changes
• Adherence to team SOP

Expectations

• Individual Contributor – Consultative” that initiates and sets direction
• The person is a competent analyst with established credibility, who can work independently and within teams to produce significant results, He/ she is able to generate their own ideas of how best to tackle an array of problems.
• There is confidence in the person’s judgment.
• Where the individual operated independently on a given project, at this level the work requires a shift to tactical optimization – there is a balance between the operational and tactical aspects of the work
• Can operate independently across organizational borders (but within policies).
• Take experience and constructively participate in strategy sessions
• Ongoing coaching and mentoring of more junior peers.
• The incumbent operates within the framework of existing systems/ procedures & displays the ability to maximize these.
• Be an ambassador for the area
• Although most issues at this level could be solved by tapping into his/ her own experience, the incumbent is required to think within the framework of business, technical system & user needs.
• Problem solving is not choosing between options but working out how to solve a problem.
• Consult external peers and third parties to provide input and to insure best practice is used in all deliverables delivered.
• Modeling various scenarios related to cost, data, processes etc.

Key Purpose, Responsibilities & Job Requirements:

• Support all Shared Services initiatives and accurately track, collate and record information that will inform project and benefits over time.
• Report on Shared Services functional area cost and total Shared Services cost information as required.
• Develop required cost estimation models and revaluation models to be factored into business cases/plans, budgets, and other financial planning and tracking mechanisms.
• Support the various Shared services projects as and when required
• Track cost benefits as part of transition journey and longer term organisational impact in conjunction with finance team.
• Provide insight in the cost for each production unit
• Give management information that will inform strategic and tactical planning to
• Develop relevant scorecard models to track and report on performance and transition progress.
• Do cost comparison and activity reporting against industry standards and internal productivity
• Develop performance scorecards, collate information on agreed intervals and prepare final scorecards for Shared services and the various functional areas
• Prepare financial, productivity, activity cost, operational cost input in business cases
• Cost benefit & analysis on change planned and implemented.
• Cost related to Capex / Opex in support of business cases
• Process improvement from a cost & efficiency perspective
• Performance evaluation of projects financially
• Identify business process improvements (Cost savings or efficiency improvements)
• Interacting and maintaining good relationships with business stakeholders (business users, change management resources, developers, testing and training teams)
• Doing predictive analytics in support of optimizing end-to end business processes
• Perform predictive analytics by extracting information from existing data sets in order to determine patterns and model or map predictions for future outcomes and trends.
• Coordinate the Financial analysis of the consolidated business and compile a monthly reporting pack with detailed financial analysis.
• Run management information reports and data extracts to the agreed timetable.
• Check quality of reports and data extracts produced.
• Work with systems to create new financial reports.
• Create efficiency in reporting processes.
• Drive cost saving initiatives through the operational environment.
• Prepare a monthly reporting pack.
• Ad hoc reporting as required

Competency and Proficiency Level

• Analytical thinking and attention to detail.
• Ability to work with both people and data.
• Ability to work independently with limited supervision and to be a definite team player.
• Excellence Orientation.
• Communication.
• Technical/Administrative Competence.