Financial Data Analyst - Durban at Durban University of Technology

Minimum Requirements:

• Bachelor’s Degree in Accountancy, Finance, Economics, or Statistics, (NQF Level 8).
• 3 to 6 years’ Experience in Financial and/or Data Analytics, Accounting and Reporting. Internship experience in the Higher Education sector is preferred in a data modelling or financial / accounting assistant role.
• High competency in financial modelling techniques and costing strategies.
• Strong fluency in excel formulas and functions.
• Strong analytical and data-gathering skills or data analytics.
• Experience with statistical and data management tools (SQL, Access, Business Objectives).
• Advanced proficiency in MS Office.
• Knowledge of Accounting Management Systems.
• Cost and financial analysis.
• Good interpersonal communication and problem-solving skills

 Summary of Duties: 

• Support the Management Accounting Manager with providing input into the financial component of the Annual Performance Plan by providing the required data and assisting with the design of a financial model to indicate budgetary requirements for the execution of the Annual Performance Plan.
• Prepare and provide data to support commentary relating to financial trends and forecasts for submission to the Management Accounting Manager.
• Provide timely proactive analyses, assessments of variances, financial impacts, and risks.
• Ensure timeous provision of data for the preparation of reports for reporting to various structures as required, in accordance with the reporting schedule for management accounting.
• Support the preparation and review of monthly variance reports for submission to relevant internal stakeholders for review and commentary.
• Identify opportunities for process optimization and the elimination of inefficiencies in the management accounting area and contribute towards the same for the finance services.
• Analyse University costs trends to inform resources allocation and utilized for operations in an organisation.
• Conduct research and benchmarks to determine the pricing strategy for the services rendered by the University.
• Track project budgets and analyse changes in university costs.
• Collaborate with internal stakeholders to understand the business and develop data-driven insights that are both strategic and operational.
• Maintain professional relationships with stakeholders and handle stakeholder queries efficiently.
• Communicate the relevant policies and procedures to suppliers and internal stakeholders.
• Escalate unresolved stakeholder related matters to management where solutions cannot be reached.
• Provide advice to departments and business partners on data management policy/procedure.
• Collaborate and support other sections in finance.