Financial Business Analyst
4 days ago
Job Overview
SkillMap is seeking a talented Financial Business Analyst to join our Business Operations team. As a key member of the team, you will be responsible for analysing financial statements, budgets and forecasts to identify trends and anomalies. You will also conduct variance analysis to compare actual results with forecasts and budgets.
About the Role
This is an exciting opportunity for a skilled professional to utilise their expertise in financial modelling and commercial analysis to drive business growth. As a Financial Business Analyst, you will work closely with cross-functional teams to determine viability, assess financial performance and prepare relevant reporting for senior stakeholders.
Key Responsibilities
- Financial Analysis:
Analyse financial statements, budgets and forecasts to identify trends and anomalies.
Conduct variance analysis to compare actual results with forecasts and budgets.
Develop financial models to support business decisions.
Evaluate the financial performance of the department, identifying trends and anomalies.
Determine return on investment of various initiatives. - Commercial Analysis:
Assess market conditions and industry trends.
Analyse competitor performance and market positioning.
Prepare financial viabilities for various strategic initiatives.
Assess proposed costs and spending of various projects, including alignment to relevant accounting standards. - Reporting:
Prepare detailed financial reports for senior management.
Present insights and recommendations in a clear and concise manner.
Develop and maintain dashboards and performance metrics. - Collaboration:
Work closely with other departments to gather relevant data and insights.
Support cross-functional teams with financial analysis and commercial insights.
Requirements
- Minimum Qualifications:
Bachelor's degree in finance, Accounting or a related field. - Professional Qualifications:
Professional qualifications such as CA, CFA are advantageous. - Experience:
Minimum 3-5 years of experience in financial analysis, commercial analysis or a related role. - Skills:
Proficiency in financial modelling and advanced Excel skills. - Technical Skills:
Experience with financial software and business intelligence tools such as Power BI.
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