Financial Analyst

Financial analysts play a crucial role in monitoring a company’s financial performance against established plans. They analyze business results and market conditions to develop accurate forecasts, enabling senior management to make informed tactical and strategic decisions. By preparing detailed reports and conducting thorough financial reviews, they ensure that the organization maintains financial accuracy and efficiency.

Key Responsibilities

- Prepare, analyze, and review the Monthly Cost of Goods Sold (COGS) report, making necessary corrections to ensure accurate margin calculations.
- Develop Activity-Based Budgets for operating expenses (OPEX) at the store level, categorized by function and department, and consolidate these into the Annual Master Budget.
- Compile the Monthly Income Tax Summary and provide all relevant data to the Tax Team for compliance and reporting purposes.
- Analyze margin trends across all departments within the company to identify performance patterns and areas for improvement.
- Prepare key financial statements and track company-wide Key Performance Indicators (KPIs).
- Ensure accurate charging of direct expenses and conduct monthly reviews of General Ledgers (GLs) to maintain financial integrity.
- Create and maintain ad-hoc financial analyses to support decision-making processes across departments.
- Identify opportunities and gaps within financial processes, suggesting value-added improvements to enhance efficiency.
- Analyze historical financial performance, economic indicators, competitor data, and market trends to provide comprehensive insights.
- Review monthly OPEX at the GL level, driving corrections to ensure precise reporting and support management-level financial results.
- Monitor the moving average of trading articles and implement necessary adjustments to maintain accuracy.
- Oversee COGS GL accounts, making corrections as required to reflect true costs.
- Conduct category- and vendor-wise profitability analysis, focusing on critical vendors and top product categories to drive both absolute and marginal profitability.
- Manage all relevant income from GL accounts and assist in the finalization of Profit & Loss statements, including other income and non-operating income.
- Foster a strong business partnership with assigned business sections to align financial goals with operational objectives.
- Perform any additional finance-related tasks assigned by the line hierarchy within the Finance Division.

Required Qualifications

- Bachelor’s degree in Accounting, Economics, Finance, or a related field.
- Professional qualifications such as CMA or ACCA are highly desirable.
- Between 1 to 3 years of experience in a finance role, preferably with exposure to financial or management reporting.
- Strong understanding of the financial reporting cycle, including the ability to work from Trial Balance through to Profit & Loss statement formation.

Preferred Qualifications and Benefits

- Experience in budgeting, cost analysis, and financial forecasting will be advantageous.
- Ability to work collaboratively with cross-functional teams and communicate financial insights effectively.
- Proficiency in financial software and advanced Excel skills are beneficial.

This role offers an excellent opportunity to contribute to the financial health and strategic direction of the organization while developing your expertise in financial analysis and business partnership.