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The Financial Analyst is responsible for providing accurate financial analysis, group-level reporting, and consolidation of financial statements across subsidiaries. The role plays a critical part in financial consolidation, inter company eliminations, budgeting, forecasting, and performance analysis to support strategic decision-making at the holding-company level.
Key Responsibility Areas & Activities:
Financial Consolidation & Group Reporting:
- Prepare and manage group-level financial consolidation, including consolidation of multiple subsidiaries.
- Perform inter company reconciliation and eliminations, ensuring accuracy and compliance with group accounting policies.
- Ensure timely and accurate preparation of consolidated monthly, quarterly, and annual financial statements.
- Maintain and update consolidation schedules and supporting documentation.
Financial Analysis & Performance Monitoring:- Analyze financial performance across business units and subsidiaries.
- Prepare variance analysis (actual vs budget vs forecast) and provide actionable insights.
- Support management with profitability analysis, cost control, and financial modelling.
- Identify financial risks and opportunities at both entity and group levels.
Budgeting & Forecasting:
-Assist in the preparation of group budgets and forecasts.
- Coordinate budget inputs from subsidiaries and ensure alignment with group financial strategy.
- Monitor budget performance and highlight deviations with recommendations.
Accounting & Compliance Support:
- Ensure compliance with applicable accounting standards (IFRS or local GAAP).
- Support internal and external audits by providing required financial data and explanations.
- Assist in maintaining standardized accounting policies across the group.
Management Reporting & Decision Support:
- Prepare management reports, dashboards, and financial presentations for senior leadership.
- Support strategic initiatives, business plans, and investment analysis.
- Collaborate with cross-functional teams to support operational and strategic objectives.
RequirementsQualifications, Experience, Knowledge & Skills:Qualifications & Experience:
- Bachelor’s degree in Finance, Accounting, Economics, or related field.
- Professional certification (ACCA, CPA, CMA) is an advantage.
- Minimum 3–5 years of experience in financial analysis, consolidation, or group reporting.
- Proven experience in financial consolidation and intercompany eliminations within a holding or group structure.
Job-Specific Skills:
- Strong knowledge of financial consolidation principles and reporting standards.
- Advanced proficiency in Excel and financial reporting systems/ERP.
- Experience with budgeting, forecasting, and financial modeling.
- Strong analytical and problem-solving skills.
Competencies:
- High attention to detail and accuracy.
- Strong analytical and critical-thinking ability.
- Excellent communication and reporting skills.
- Ability to work independently and manage multiple deadlines.
- Professional judgment and integrity.
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