Job Description
About the Role
We are seeking a highly skilled Financial Analyst to join our team on a 6-month contract in Pretoria. The successful candidate will be responsible for providing expert financial analysis and support to the Jobs Fund, ensuring alignment with accounting standards and regulatory requirements.
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.
- Audit documents submitted for payment and verify compliance with Jobs Fund guidelines.
- 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.
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.
Salary & Benefits
- Salary details not specified.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in Tshwane
The accounting and finance sector in Tshwane is generally considered to be a stable and attractive field, with a strong demand for skilled professionals. Typically, this industry experiences moderate growth rates compared to other sectors, driven by the steady expansion of businesses across various industries. As such, job seekers can expect a relatively secure and competitive career path.
When it comes to salary expectations in Tshwane, it’s difficult to provide an exact range, as these can vary widely depending on factors like experience, company size, industry sector, and specific role requirements. Generally, accounting and finance professionals with relevant qualifications and experience can expect to earn broad salary ranges of R500 000 to R1,5 million per annum or more, although actual salaries may differ significantly from this range. It’s essential to note that these figures are only a rough guide and should not be taken as an accurate representation of individual earning potential.
Common skills required for accounting and finance roles in Tshwane include proficiency in financial software such as Excel, Xero, or SAP; strong analytical and problem-solving skills; attention to detail and organisational ability; excellent communication and interpersonal skills; knowledge of financial regulations and standards; and experience with budgeting, forecasting, and financial analysis. Additionally, having a degree in accounting, finance, or a related field is often preferred.
The accounting and finance sector can be found across various industries, including the financial services sector, technology industry, manufacturing sector, and public sector institutions. In Tshwane specifically, many businesses and organisations require skilled accountants and financiers to support their operations, providing a range of job opportunities for those in this field.
Career development opportunities are available throughout the accounting and finance sector. Typically, professionals can expect to progress through roles such as accountant, financial analyst, or senior financial manager, before potentially moving into more senior leadership positions. Many accountants and financiers also choose to specialise in specific areas, such as tax, auditing, or investment analysis, which can lead to further career advancement opportunities.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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