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Junior Financial Analyst

2 weeks ago

Centurion, Gauteng, South Africa MOMENTUM DISTRIBUTION SERVICES Full time R250 000 - R400 000 per year

Introduction

Momentum, a financial services provider since 1966, known for its entrepreneurial spirit and innovative culture, is committed to wealth creation and preservation, insurance, and income protection for all our clients. We do this through our understanding of the retail insurance, savings, and investment markets in South Africa.

Disclaimer

As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

The Junior Financial Analyst will support the MDS Finance team by assisting in financial analysis, reporting, modelling, and data-driven decision-making. This entry-level role is designed for a recent Actuarial Science graduate with strong analytical skills and a passion for financial insights, modelling, and business intelligence. The analyst will contribute to financial processes, performance tracking, and the development of tools that enhance operational efficiency and strategic planning.

This position is ideal for an actuarial graduate who is passionate about using modelling, analytics, and automation to strengthen financial planning, performance management, and insight in an inter-disciplinary environment.

Requirements

Qualifications

  • Bachelor's degree in Actuarial Science required. (Honours preferred).

  • Strong academic performance with exposure to finance, statistics, or data science.

Experience

  • Internship or academic project experience in financial analysis, modelling, or data analytics (advantageous).

  • Familiarity with tools such as Excel, SQL, PowerBI, Python, or R (preferred but not required).

Duties & Responsibilities

Financial Analysis & Reporting

  • Assist in preparing financial reports and variance analyses.

  • Support budgeting and forecasting processes.

  • Reconcile financial data and assist with general ledger allocations.

  • Participate in monthly and quarterly reporting cycles.

Modelling & Scenario Analysis

  • Build and maintain basic financial models to support decision-making.

  • Conduct scenario testing and sensitivity analysis for remuneration and incentive structures.

  • Assist in valuation and profitability modelling under guidance.

  • Ensure that all assigned deliverables are completed accurately and within relevant deadlines.

Data Analytics & Business Intelligence

  • Extract, clean, and transform data for analysis using Excel, SQL, or BI tools.

  • Support the development of dashboards and automated reports.

  • Identify trends and anomalies in financial and operational data.

MIS & Data Governance

  • Assist in maintaining data integrity and supporting ETL processes.

  • Contribute to the enhancement of data architecture and reporting frameworks.

  • Collaborate with BI and IT teams to improve data accessibility and usability.

Client & Stakeholder Engagement

  • Respond to internal queries with professionalism and accuracy.

  • Build relationships with finance, actuarial, and business teams.

  • Support service delivery and contribute to continuous improvement initiatives.

Personal Development & Collaboration

  • Participate in training and development opportunities.

  • Engage in team collaboration and contribute to a positive work environment.

  • Take ownership of learning and career growth.

Competencies

  • Analytical Thinking: Ability to interpret data and identify patterns.

  • Financial Discipline: Demonstrates accuracy, reliability and ownership of deadlines and controls.

  • Accountability: Takes ownership for tasks while recognizing the importance of review and approval.

  • Technical Proficiency: Comfortable working with spreadsheets, databases, and BI tools.

  • Communication: Able to explain technical concepts clearly to non-technical stakeholders.

  • Planning & Organisation: Manages time effectively and meets deadlines.

  • Resilience: Works well under pressure and adapts to changing priorities.

  • Collaboration: Works effectively in team environments.

  • Client Focus: Understands and responds to stakeholder needs.

  • Drive for Results: Demonstrates initiative and a commitment to excellence.

  • Learning Agility: Adapts quickly and seeks to grow analytical and financial knowledge.