Financial Data Analyst – Durban needed at Durban University of Technology

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Job title : Financial Data Analyst – Durban

Job Location : KwaZulu-Natal, Durban

Deadline : July 13, 2024

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Minimum Requirements:

  • Bachelor’s Degree in Accountancy, Finance, Economics, or Statistics, (NQF Level 7).
  • 3 to 6 years’ Experience in Financial and/or Data Analytics, Accounting and Reporting. Internship experience in the Higher Education sector is preferred in a data modelling or financial / accounting assistant role.
  • High competency in financial modelling techniques and costing strategies.
  • Strong fluency in excel formulas and functions.
  • Strong analytical and data-gathering skills or data analytics.
  • Experience with statistical and data management tools (SQL, Access, Business Objectives).
  • Advanced proficiency in MS Office.
  • Knowledge of Accounting Management Systems.
  • Cost and financial analysis.
  • Good interpersonal communication and problem-solving skills

 Summary of Duties: 

  • Support the Management Accounting Manager with providing input into the financial component of the Annual Performance Plan by providing the required data and assisting with the design of a financial model to indicate budgetary requirements for the execution of the Annual Performance Plan.
  • Prepare and provide data to support commentary relating to financial trends and forecasts for submission to the Management Accounting Manager.
  • Provide timely proactive analyses, assessments of variances, financial impacts, and risks.
  • Ensure timeous provision of data for the preparation of reports for reporting to various structures as required, in accordance with the reporting schedule for management accounting.
  • Support the preparation and review of monthly variance reports for submission to relevant internal stakeholders for review and commentary.
  • Identify opportunities for process optimization and the elimination of inefficiencies in the management accounting area and contribute towards the same for the finance services.
  • Analyse University costs trends to inform resources allocation and utilized for operations in an organisation.
  • Conduct research and benchmarks to determine the pricing strategy for the services rendered by the University.
  • Track project budgets and analyse changes in university costs.
  • Collaborate with internal stakeholders to understand the business and develop data-driven insights that are both strategic and operational.
  • Maintain professional relationships with stakeholders and handle stakeholder queries efficiently.
  • Communicate the relevant policies and procedures to suppliers and internal stakeholders.
  • Escalate unresolved stakeholder related matters to management where solutions cannot be reached.
  • Provide advice to departments and business partners on data management policy/procedure.
  • Collaborate and support other sections in finance.

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