Gauteng: Financial Analyst (06 Months Contract) posted by Phaki Personnel

About the Role

Phaki Personnel is seeking a highly skilled Financial Analyst to join our team on a 6-month contract basis. The successful candidate will be responsible for providing financial expertise and support to the Jobs Fund, with a focus on ensuring compliance with accounting standards and regulations.

Key Responsibilities

• Prepare and maintain mandated documents as required.
• Review Jobs Fund (JF) policies for alignment with accounting standards and provide explanations on processes and techniques and recommend actions.
• Assist Jobs Fund staff in interpreting laws, rules, and regulations, and clarifying procedures.
• Assist the JF in the management and interpretation of the Auditing regulations and procedures.
• Appraise new investment proposals (due diligence) and opportunities submitted through the Calls for Proposals.
• Conduct a financial appraisal of the application, which includes analysing the proposed financial model.
• Utilise and Quality Assure the Activity Based Costing Project Implementation Monitoring Plan (ABC PIMP) to capture and review the Application proposals.
• Determine optimal funding allocations including:
• Establishing standard costs across models.
• Collecting operational data on models.
• Conduct commercial analysis, financial modelling and analysis, risk analysis and institutional analysis.
• Prepare appraisal reports for submission.
• Review proposed contracts for adherence to Jobs Fund policy, existing laws and regulations.
• Negotiate project Appraisal documents.
• Analyse investment project reports and corporate financials.
• Examine accounting data for accuracy, appropriateness and documentation.
• Compare and analyse actual results with plans and forecasts to identify financial status and monitor variances.
• Identify, report and ensure resolution of non-compliance issues and project risks.
• Prepare disbursement request reports for consideration.
• Monitor and check approved disbursements to projects.
• Monitor and report on project progress post-investment.
• Prepare and submit surplus Memos for implementation projects.
• Coordinate with other members of the JF Project Management Unit (PMU) to review financial information and forecasts.
• Analyse current and past financial data and performance, identify trends in financial performance and provide recommendations for improvement.
• Provide information and technical support in the development and revision of policies and regulations.
• Assist with the compilation of data, financial reports and interpretation of legislated financial reporting requirements and regulations.
• Review and verify statistical and financial information and prepare financial reports as requested.
• Analyse and interpret data, conduct comparative analyses and recommend actions.
• Liaise with implementing stakeholders and promote a culture of adherence towards efficiency and achievement of value for money.
• Promote knowledge management through research and publication of papers.
• Maintain communication with staff regarding financial matters.
• Manage team dynamics in order to meet the Fund’s objectives.
• Assist with the development and maintenance of financial models and forecasting methodologies and tools.

Requirements

• Degree or equivalent qualification (NQF 7) in Finance, Project Finance or Economics or related field.
• Postgraduate qualification in Finance would be advantageous.
• Minimum 4 years post-training/ internship experience.
• Experience in the public sector would be advantageous.

Qualifications

• Formal education/certifications. If NONE mentioned, SKIP this entire section

Salary & Benefits

• ONLY if mentioned in original with actual numbers. If not mentioned, SKIP this entire section