Commercial Analyst Location: Olifantsfontein, Gauteng, South Africa Reports to: Head of FinanceMain Purpose of the job
The Commercial Analyst will support the Head of Finance in delivering the annual business plan and budget including forecasts and reviews, ongoing business performance monitoring, reporting, analysis and insights, financial modelling and post investment review of commercial decisions and deals. The role will also support the Sales Account Team, providing financial analysis, support and commercial direction.
Role and Activity
Develop effective forecast models based on industry trends and demand patterns.
Incorporate the forecast model into a financial model.
Conduct benchmarking and process analysis.
Propose and implement solutions to improve demand forecast accuracy.
Identify trends, advise company and recommend actions based on sound analysis.
Track and determine financial status by analysing actual results in comparison with forecasts.
Report on important changes in sales forecasts, budgets, and business strategies.
Conduct monthly forecast maintenance by comparing and correcting data – keeping record of anomalies within the business
Consult with management to guide and influence long term and strategic decision making within the broadest scope
Drive process improvement and policy development initiatives that impact the function
Monitor and report on variances and actualizing marginal reporting within financial models
Assist with ad hoc tasks as required by the Head of Finance or other functional teams
Ensure compliance with general frameworks, policies and procedures
CA (SA), CIMA or Equivalent Senior Financial Qualification
Must have worked in FMCG environment for at least 8 years
5 years + experience in a similar role
Fluency in standard software including Excel, Access, JDE. SQL will be advantageous
Solid problem solving and root cause analysis experience
Excellent oral and written communication skills
Strong analytical and business sense
Strong attention to detail, and the ability to self-start and self-motivate
Proven ability to work successfully in an ambiguous environment
Leadership skills and the ability to meet deadlines while managing multiple projects in a fast-paced environment
Levels of responsibility/accountability
The role’s challenges lie primarily in the breadth of its accountability, requiring significant commercial agility, a nose for inconsistencies, the ability to go beyond the analysis of data to arrive at true business insight.
Entrepreneurial: We are willing to challenge the existing beliefs and practices and encourage new and different ideas. We have the courage to say no so that we can really focus on what is important and meaningful to us. We are resourceful and believe in doing more with less.
Performance: We have an open mind to change and will always look for better, simpler and more effective ways of operating. We are comfortable to acknowledge what we don’t know and engage the right expertise where necessary. We focus on outcomes and are committed to creating and growing value for our shareholders.
Accountability: We do what we say and we will do and honor our commitments. We encourage and participate in honest and constructive discussions, are willing to admit mistakes and have the courage to make decisions. We are clear on our roles and responsibilities, enabling everyone to exercise appropriate initiative and judgment.
Teamwork: We value diversity and treat all people with dignity and respect. We understand how we can work together to achieve better outcomes. We ensure decisions are based on what is best for the whole business and are willing to sacrifice our own goals for the benefit of the group.