Financial Forecast Analyst | Sanlam Careers

Join Santam Group Finance as a Financial Forecast Analyst based either in Tygervalley or Sandton, where you’ll play a vital role in supporting budgeting, forecasting, expense management, and reporting processes. Working closely with the financial management team and business units, you’ll provide quality data to aid decision-making.

What will make you successful in this role?

Management Information:

• Develop and maintain reports to meet business needs
• Utilize software/reporting tools effectively to fulfill business information requirements
• Support the implementation of reporting requirement changes within Santam (e.g., IFRS17)
• Drive process optimization initiatives

Budgeting and Forecasting Support:

• Lead the three-year budget and monthly forecast process
• Monitor results against long-term strategy targets and report outcomes
• Collaborate with the business to identify key financial drivers and analyze them to support strategic initiatives
• Update budget and forecasting models with monthly information from accounting systems
• Assist in preparing presentations for Exco and the Board
• Report to shareholders via HFM Consolidation Tool (e.g., reporting to Sanlam)
• Maintain data integrity in budget and forecast systems
• Administer budget system, including maintaining and developing system reports
• Support budget and forecast projects and initiatives, including transitioning to driver-based continuous forecasting
• Act as subject matter expert during the implementation of new budget systems
• Provide monthly financial reporting and variance analysis for management expenses
• Design and build financial reports and dashboards facilitating business decision-making
• Train relevant budget holders on the Budget System
• Analyze financial data considering business unit strategy
• Responsible for system-to-system reconciliations for inputs into the budget system

Management Expenses:

• Review and implement expense allocations, recommending improvements
• Conduct monthly reconciliations of JD Edwards (JDE) and Qlikview management expenses
• Prepare expense reports, perform expense analysis, and report on expenses
• Analyze data to identify patterns and anomalies
• Support cost-saving initiatives

Qualification and Experience:

• Minimum BCom Accounting Degree /B Tech or equivalent
• 8 – 10 years’ experience in reporting/budgeting/forecast roles
• Proficiency in budgeting and forecasting tools
• Stakeholder/business partnering knowledge
• Experience with driver-based rolling forecasts
• MIS experience advantageous

Knowledge and Skills:

• Project, process, and change management skills
• Ability to drive decisions and work independently
• Strong research and learning orientation
• Analytical skills
• Conceptual flexibility and understanding of the bigger picture
• Advanced Excel and PowerPoint skills

Core Competencies:

• Resilience
• Collaboration
• Innovation
• Customer focus
• Results-driven