Senior Financial Analyst: Applicant must have (Manufacturing Industry Experience)
We are looking for a detail-oriented and strategically minded Senior Financial Analyst to join our finance team. The senior financial analyst’s responsibilities include assisting with financial planning and budgeting processes, analyzing financial statements and reports, developing financial models, preparing projections, and performing research and analysis as may be required by leadership. As a senior financial analyst, you will also be responsible for providing project teams with financial guidance and assisting with monthly close processes.
To be successful as a senior financial analyst, you should be able to perform a variety of financial activities including planning, analysis, budgeting, and reporting. You should also have strong analytical, organizational, and problem-solving skills and be able to present financial information and models in a concise and easily comprehensible manner.
Senior Financial Analyst Job Description
Senior financial analysts perform various functions in a company in their quest to provide accurate forecast of financial performance for the organization.
The major tasks, duties, and responsibilities that commonly define a senior financial analyst role are given in the job description example below:
§ Perform daily general ledger accounting, financial reporting, and analysis
§ Review and investigate the company’s accounting transactions to improve data accuracy
§ Create financial policies that align with the goals of the organization
§ Develop financial models and cost projections
§ Collaborate with the senior management team or the CFO on achieving company’s long-term financial planning objective
§ Conduct in-depth research of historical financial data; analyze and report company’s current financial status
§ Study investment options and present SWOT of the investments
§ Compare actual results with forecasted to analyze and identify areas of strengths and weaknesses
§ Review, track, and analyze invoices and manage procurements according to the standard of the organization
§ Forecast monthly, quarterly, biannual or annual profits and provide analytical review, feedback, and recommendation to executive management
§ Run balance sheet account reconciliations, contract accounting and reporting, account analysis, accrual calculations, and any other related accounting or financial documents or schedules
§ Train and mentor junior analyst and other staff on best financial practices
§ Maintain confidentiality of financial information, investment decisions, or any other tasks assigned by the organization.
§ Reviewing and analyzing financial statements and reports.
§ Tracking KPIs and preparing financial reports.
§ Assisting with budgeting and monthly close processes.
§ Understanding key business drivers.
§ Assisting project teams with financial guidance.
§ Developing financial projections and building financial models.
§ Performing research and analysis as required.
§ Ensuring compliance with financial guidelines, company policies, and relevant legal regulations.
§ Create different financial models via process analysis and bench-marking techniques
§ Forecast quarterly and yearly profits
§ Prepare cost projections
§ Conduct thorough research of historical financial data
§ Examine and report on the prevailing financial status
§ Conduct financial planning analysis and report everything in a timely manner
§ Explore viable investment options and present the best opportunities and associated risks
§ Compare actual and projected results and identify areas that require improvements
§ Participate in budgeting – for different projects and departments
§ Maintain confidentiality of investment decisions and financial information
Requirements – Skills, Abilities, and Knowledge
If you are seeking to work as a senior financial analyst, here are major requirements and qualifications most employers may expect you to fulfil to be eligible for consideration for the job:
§ At least five to seven (5-7) years’ experience as a senior financial analyst, financial analyst, or in a similar position
§ Strong research and analysis skills
§ College degree in finance, business, economics, or accounting, or any management related degree. Postgraduate degree in a business-related field or an MBA is desired
§ Excellent communication skills – effective communication both written and oral
§ Excellent presentation skills – the ability to understand and interpret complex data easily to all necessary stakeholders
§ Expertise and confidentiality in handling financial database, finance, and statistical software
§ Ability to learn new concepts and tasks quickly, work under pressure, and meet deadline requirements in a fast-paced, dynamic environment
§ Ability to work well independently and better in a team
§ Possess strong attention to details, effective multitasking, and swift strategic thinking skills
§ Knowledge of IFRS and other related accounting law or standards
§ Good organizational and recordkeeping abilities
§ Ability to effectively mentor and evaluate team members
§ High proficiency with the use of MS office, especially Excel and Power-Point
§ Possession of any of CFA, CPA, CMA, ACCA, ACA certification is an added advantage
§ The hiring process for this position mostly requires taking certain
Job Types: Full-time, Permanent, Contract
Ability to commute/relocate:
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