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 contribute to the overall financial health and operational efficiency of the organization.

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 areas of improvement.
- Prepare key financial statements and track company-wide Key Performance Indicators (KPIs).
- Accurately charge direct expenses and conduct monthly reviews of General Ledgers (GLs) to maintain financial accuracy.
- Create and maintain ad-hoc financial analyses to support decision-making processes.
- Identify opportunities and gaps within financial processes, recommending value-added improvements.
- Analyze historical financial performance, economic indicators, competitor activities, and market trends to inform strategic planning.
- Review the Monthly OPEX Board at the GL level, driving corrections to ensure precise reporting that supports management-level financial results.
- Monitor the moving average of trading articles and implement necessary corrections to maintain accuracy.
- Oversee COGS GL accounts, making adjustments as needed to reflect true costs.
- Conduct category and vendor-wise profitability analyses, focusing on critical vendors and top categories to drive both absolute and marginal profitability.
- Manage all relevant income from GL accounts and support the finalization of Profit & Loss (P&L) statements, including other income and non-operating income.
- Foster strong business partnerships with assigned business sections to align financial objectives with operational goals.
- Perform any additional tasks assigned by the finance division’s line hierarchy, ensuring flexibility and responsiveness to organizational needs.

Required Qualifications

- Bachelor’s degree in Accounting, Economics, Finance, or a related field.
- Professional qualifications such as CMA or ACCA are highly desirable.
- 1 to 3 years of experience in a finance role, preferably within financial or management reporting.
- Proficiency in preparing financial statements, including the ability to work from Trial Balance to P&L formation.

This role offers the opportunity to work closely with various business units, enhancing financial processes and contributing directly to the company’s strategic success. Candidates with strong analytical skills and a detail-oriented mindset will find this position rewarding and impactful.