Associate Financial Analyst
Power International Holding Egypt
Holding Companies · 10,001+ employees
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About the role
The Associate Financial Analyst conducts financial research, prepares economic forecasts, and performs variance analysis to support business strategy. They also assist in financial modeling, budgeting, and the preparation of reports and investment proposals for senior management.
What they look for
Requirements
Candidates must hold a Bachelor's degree in Accounting and possess a CPA certification. A minimum of 8 years of work experience, including 5 years of relevant experience, is required along with proficiency in SAP and GAAP.
Full description
Job Summary
The Associate Financial Analyst performs economic/financial research and analyses as assigned for use in the development of business strategies and tactics and in subsequent appraisal of results. Prepares statistical studies and economic forecasts of business conditions and trends and draws relevant conclusions. The role interprets results and provides alternatives for further consideration
Job Responsibilities 1
Conduct financial analysis on Company financial statements, including income statements, balance sheets, and cash flow statements, to assess financial performance and trends.
Assist in preparing financial models, forecasts, and projections to support budgeting, forecasting, and decision-making processes.
Analyze financial data and key performance indicators (KPIs) to identify areas for improvement and opportunities for cost reduction or revenue enhancement.
Assist in the preparation of financial reports, presentations, and dashboards for internal stakeholders, including senior management and department heads.
Support financial planning and budgeting processes by gathering and analyzing financial data, assisting in the development of budgets and forecasts, and monitoring actual performance against budgeted targets.
Conduct variance analysis to explain differences between actual financial results and budgeted or forecasted amounts.
Assist in the preparation of business cases and investment proposals by analyzing financial feasibility, return on investment (ROI), and risk assessment.
Collaborate with cross-functional teams, including finance, operations, and sales, to gather relevant data and insights for financial analysis.
Provide support to senior financial analysts and finance managers in various financial analysis projects and initiatives.
Stay informed about changes in financial regulations, industry trends, and best practices in financial analysis to continuously improve analytical methodologies and drive business success.
Job Responsibilities 2
Additional Responsibilities 3
Job Knowledge & Skills
In-depth knowledge of Generally Accepted Accounting Principles and Practices
Knowledge of statutory accounting principles
Knowledge of Financial analysis and research procedures as they apply to financial methods.
In-depth and demonstrable experience in financial management and accounting.
Strong proficiency with MS Office Application along with Accounting/Finance Software
ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
Job Experience
Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plus
Competencies
Leadership_321977503
Resilience
Quality_321977507
CFA Chartered Financial Analyst L3
Corporate Financing L3
Investment Planning L3
Cost Variance Analysis L3
CIMA Certified Investment Management Analyst L3
Agility
AI Fluency
Education
Bachelor's Degree in Accounting
Profesional degree in Certified Public Accountant (CPA)
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