Analyst: Budgeting and Forecasting at Capitec Bank

Purpose Statement

• To compile and support the annual financial year budget as well as subsequent monthly rolling forecasts in order to monitor business performance on a continuous basis and to provide a financial framework for decision making by management.

Min

Experience

• 2 years’ experience in analytical roles that included exposure to budgeting and forecasting
• Exposure to:
• budget models
• forecast models

Ideal

• 4 years’ experience in analytical roles that included exposure to budgeting and forecasting and interaction with senior management
• Proven experience in:
• Building a budget model from first principles
• Building a forecast from first principles

Qualifications (Minimum)

• Bachelor's Degree in Finance or Statistics
• Grade 12 National Certificate / Vocational

Qualifications (Ideal Or Preferred)

• Honours Degree in Finance or Statistics
• Qualified Chartered Accountant (CA)

Knowledge

Min

Knowledge and understanding of:

• Accounting principles
• Financial mathematics
• Cost of capital calculations
• Analysis techniques
• Basic understanding of financial modelling

Ideal

Knowledge and understanding of:

• Financial and operational reporting principles
• Forecasting and budgeting
• Deep knowledge and understanding of financial modelling

Skills

• Numerical Reasoning skills
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Analytical Skills
• Attention to Detail
• Reporting Skills

Competencies

• Delivering Results and Meeting Customer Expectations
• Working with People
• Analysing
• Learning and Researching
• Presenting and Communicating Information
• Coping with Pressures and Setbacks
• Writing and Reporting

Conditions of Employment

• Clear criminal and credit record