Financial Analyst

Job Summary:

The Accounting & Financial Analyst is responsible for supporting both accounting and financial analysis functions, including general ledger maintenance, financial reporting, accounts payable and receivable, budgeting, and financial planning. The role ensures accuracy in financial records, assists in cash management, conducts financial analysis, and supports valuation exercises, all while adhering to company policies and compliance requirements.

Key Responsibilities:

1. Financial Accounting & Bookkeeping
2. Maintain general ledger records, ensuring transactions are accurately recorded and aligned with company policies and accounting standards
3. Assist in month-end and year-end closing processes, including account reconciliations and journal entries
4. Support the preparation of financial statements, such as balance sheets, income statements, and cash flow reports
5. Participate in fixed asset tracking, ensuring proper classification and depreciation schedules
6. Assist in maintaining internal controls, ensuring compliance with financial policies and regulations
7. Accounts Payable & Receivable
8. Process vendor invoices, employee reimbursements, and other payments, ensuring proper approvals and documentation
9. Assist in managing accounts receivable, tracking outstanding balances, and following up on collections
10. Prepare aging reports, highlighting overdue payments for necessary follow-ups
11. Budgeting & Financial Planning
12. Support the preparation of annual budgets and quarterly forecasts, working closely with finance teams to ensure accuracy
13. Assist in monitoring budget vs. actual performance, identifying variances, and providing basic financial insights
14. Help in compiling financial stewardship reports for internal use and reporting to stakeholders
15. Banking & Cash Management
16. Monitor daily cash balances and assist in preparing cash flow reports
17. Help prepare cash call requests and coordinate with banks to obtain bank statements and resolve any discrepancies
18. Assist in bank reconciliations, ensuring alignment between company records and bank transactions
19. Financial Analysis & Reporting
20. Support financial analysis tasks, including cost variance analysis and profitability assessments
21. Assist in the preparation of key performance indicators (KPIs) and financial dashboards
22. Conduct basic financial modeling and scenario analysis to support decision-making
23. Assist in preparing reports on business performance, providing insights to management
24. Investment & Valuation Support
25. Support the preparation of valuation exercises for portfolio companies, assisting in financial due diligence
26. Assist in conducting comparative financial analysis to support investment decision-making
27. Help in reviewing financial statements of investee companies and flagging potential risks
28. Compliance & Audit Support
29. Assist in internal and external audits, preparing necessary documentation and responding to audit queries
30. Ensure financial records are properly maintained and stored for compliance purposes
31. Support compliance with VAT, withholding tax, Zakat, and other regulatory requirements
32. Policies, Systems & Process Improvements
33. Follow company accounting and financial policies, ensuring compliance with internal controls
34. Suggest process improvements to enhance efficiency in financial operations
35. Assist in the implementation of new financial systems and automation tools to streamline accounting and reporting tasks

Qualifications and general competencies:

1. Bachelor's degree in Accounting, Finance, or a related field
2. 1-3 years of experience in accounting, finance, or financial analysis
3. Basic knowledge of accounting principles, financial analysis, and reporting standards
4. Strong proficiency in Microsoft Excel and accounting software
5. Ability to perform financial reconciliations and basic financial modeling
6. Strong communication skills, both written and verbal, with the ability to convey financial information clearly to stakeholders
7. Excellent attention to detail and accuracy in financial reporting
8. Ability to work independently and collaborate with teams
9. Good problem-solving and analytical skills to support financial decision-making
10. Basic understanding of investment valuation and financial statement analysis is a plus
11. Partial or full pursuit of SOCPA, CPA, ACCA, CMA, or CFA certification is preferred but not required

Working Conditions:

The Accounting & Financial Analyst will work in a structured and fast-paced environment, handling both accounting and financial analysis responsibilities. The role may require extended hours during peak financial periods, such as audits, budget cycles, and reporting deadlines.