Technical Finance Specialist
6 months ago
**Job Advert Summary**:
Our client is looking for Technical Finance Specialist to analysing current and past financial data and performance at project and portfolio level as required. Review Jobs Fund policies for alignment with Governance Frameworks and accounting standards. Identifying trends in financial performance and providing recommendations for improvement. Coordinate with other members of the finance team to review financial information and forecasts. Review financial models and budget projections at project and portfolio level as required. Evaluate projects expenditures against Jobs Fund value-for-money frameworks. Auditing - Examines financial data which include bulk payroll data for validity, accuracy, and completeness
**Minimum Requirements**:
Bachelor’s degree (NQF Level 7) in Accounting/Finance/Auditing or a related field. A postgraduate qualification will be an added advantage. Minimum of 10 years’ experience in financial reporting, auditing, and financial analysis. Experience in appraising, negotiating and closing project finance and Corporate Finance transactions. At least 5 years of middle management experience. Public sector and grant management experience will be an added advantage. The incumbent must have strong auditing and/or accounting background, credit and risk analysis skills. Must be able to comprehensively analyse financial statements, and other financial reports. Must understand risk and internal controls. Must be able to independently conduct financial models, budget reviews and analysis. Thorough understanding of company Knowledge of Statutory accounting principles and of relevant legislative framework and accounting practice
**Duties and Responsibilities**:
Financial Appraisals and Portfolio Reports - Analysis of Corporate Financials and other relevant reports. Appraising new investment proposals (due diligence) and opportunities. Commercial analysis, financial model analysis, risk and institutional analysis. Preparing appraisal reports for submission and present the reports for consideration and approval at various committees. Negotiation of financial aspects of approved projects. Preparing disbursement request reports for submission. Oversee disbursements to approved projects as well as monitor project progress post-investment. Prepare complex financial reports as mandated by the immediate supervisor. Assist staff in compiling data and interpreting legislated financial reporting requirements and regulations. Review and verify financial information. Prepare various portfolio reports as required. Provide support to Fund-specific business case submissions to Public Finance. Cost Analysis - Determine appropriate levels of project costs by establishing standard costs benchmarked with market data. Assessment of project financial status
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