Finance Business Analyst - Pinelands Johannesburg at Old Mutual

The key focus of the role is to:

• Support the Head of Channel Finance including representing the unit on various decision-making committees.
• Drive specific projects through analysis, consultation, and recommendations and then driving implementation. Specifically, these projects will focus on how PF can improve its financial performance in three areas – Remuneration, Channel Income and Channel Costs.
• Working across PF functions including sales channels and operations functions and supporting other members of the Channel Finance team as required.
• Financial modelling of new business initiatives or projects within the business (Human Capital, Distribution Channels etc.).
• Understanding and interpreting business requirements and translating them into analytical reporting
• Translate data into insights. Present insights to business to enable strategic decision-making process
• Create and refine financial models for forecasting, budgeting, and strategic planning.
• Deliver high quality outputs/models to specified deadlines
• Back testing budgets, forecasts to actuals explaining variances
• Reviewing financial models, data, spreadsheets, budgets and reports, and translating quantitative information into easily communicable findings or implications
• Collaborate with Provincial General Managers (PGMs) to create accurate and achievable budgets and forecasts.
• Generate monthly, quarterly, and annual financial reports, offering clear insights into performance against goals.
• Monitor budget performance, explaining deviations and identifying risks and opportunities.
• Create dashboards and visualizations to present complex financial data.
• Assist with input for strategic initiatives, including investments, cost-saving opportunities, and growth strategies.
• Assist with ad hoc analyses to evaluate business opportunities or address specific operational challenges.
• Cleaning of data using Power Pivot, Power Query, modelling tools
• Identify opportunities to simplify and automate processes
• Responsible for building strong working relationships with internal clients.
• The ideal candidate will have a mix of technical knowledge, understanding of OM distribution and influencing skills to support implementation.

Key Deliverables:

• Contributes to and implements financial strategy.
• Assist with Business Plan and Forecasts for the Channels, in line with Channel Goals.
• Commercial reviews of projects and incentives.
• Financial modelling of new business initiatives.
• Understanding and interpreting business requirements and translating them into analytical reporting.
• Liaising with Board members, senior stakeholders and auditors.
• Implementation of controls, data analysis, testing of data flow/financial transactions.
• Analyse business, financial and general operating information to identify trends and opportunities for  development.
• Advises management on how to interpret information relating to financial and business management, to help the segment reach its financial and non-financial goals.
• Advises management on financial reporting processes.
• Undertakes projects that will improve operating efficiency and profits.
• Identifies and remediates areas of the business where inefficiencies may occur and implement resolution.
• Providing technical support where needed.
• Delivering presentations tailored to meet the understanding of the target audience

Key Result Areas (in addition to items mentioned under “Key Deliverables” above ):

Financial Analysis

• Analyses business, financial and general operating information to identify trends and opportunities for development.
• Analyses and monitors the effect of budget or policy changes on the business unit's productivity.
• Reviews the validity of business cases for new services or products and/or product enhancements.
• Incorporate the launch of new products/services into the financial & reporting processes.
• Identifies areas of the business where inefficiencies may occur.

Financial Reporting and Control

• Plans and prepares budgets and forecasts according to organisational goals.
• Advises management or clients on financial reporting processes.
• Perform analytical reviews / trend analysis / reconciliations of various accounts.
• Contributes to and implements financial strategy.

Management Effectiveness

• Manages service delivery through a team of data analysts.
• Drives operational excellence through areas of collaboration.
• Develops Managers of Self, Others and specialists under supervision.

What Your Impact And Success Looks Like

• As a FP&A Analyst we expect your success and impact in the early stages of your career with us to look something like this:

Within 1 Month

• Understand company operations, income statement modelling processes, and business systems.
• Maintain revenue, balance sheet, and cash flow models.
• Build strong relationships with Provincial General Managers (PGMs).

Within 3 Months

• Take full responsibility for the revenue model partnering with regional general managers.
• Take full responsibility for balance sheet and cash flow forecasting.
• Refine, simplify and automate financial models and processes

Job Requirements

• Degree in Finance, Mathematics, Statistics, or Accounting required.
• Completed a professional qualification (ACCA, CIMA, CA(SA), CFA, FMVA, CIPM).
• 5+ Years' experience working in a planning, financial modelling or valuations team.
• Highly skilled in MS Excel and PowerPoint with strong income statement model building experience.
• Strong analytical, problem-solving, and attention-to-detail skills.
• Excellent communication, presentation, and interpersonal skills.
• Ability to work independently and manage multiple projects in a fast-paced environment.
• Knowledge of Alteryx, Power BI a strong advantage.
• Self-starter.
• Influencer.
• An ability to build support for solutions and influence senior management.