Finance Graduate
MANCOSA PTY LTD
Durban, KwaZulu-Natal
Contract
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Posted 12 June 2024

Job Details

Job Description

Desired Experience & Qualification

Common fields of study include Finance, Accounting, Economics, Business Administration, or a related discipline.

Internships:

 

Roles: Financial analyst intern, accounting intern, investment banking intern, corporate finance intern.

Skills Gained: Financial modeling, data analysis, exposure to financial software, understanding of financial statements, and basic accounting principles.

Entry-Level Positions:

 

Roles: Junior financial analyst, accounting assistant, treasury analyst, budget analyst.

Skills Gained: Practical application of financial analysis, budgeting, forecasting, variance analysis, and financial reporting.

Rotational Programs:

 

Description: Structured programs that rotate employees through various departments such as corporate finance, treasury, risk management, and audit.

Skills Gained: Broad understanding of different financial functions, adaptability, and comprehensive knowledge of the organization’s financial operations.

Project-Based Experience:

 

Description: Involvement in specific finance-related projects such as mergers and acquisitions, financial audits, or system implementations.

Skills Gained: Project management, teamwork, strategic planning, and specialized financial knowledge.

Key Areas of Experience:

Financial Analysis and Planning:

 

Tasks: Analyzing financial data, creating financial models, forecasting future revenues and expenses, and assisting in strategic planning.

Skills Gained: Analytical thinking, attention to detail, proficiency in financial modeling tools (e.g., Excel, Bloomberg), and strategic insight.

Accounting:

 

Tasks: Preparing financial statements, reconciling accounts, managing ledgers, and ensuring compliance with accounting standards.

Skills Gained: Knowledge of accounting principles (GAAP/IFRS), attention to detail, proficiency in accounting software (e.g., QuickBooks, SAP), and regulatory compliance.

Investment Management:

 

Tasks: Conducting market research, analyzing investment opportunities, managing portfolios, and performing risk assessments.

Skills Gained: Investment analysis, understanding of financial markets, risk management, and portfolio management techniques.

Corporate Finance:

 

Tasks: Managing company finances, budgeting, forecasting, capital raising, and financial strategy development.

Skills Gained: Corporate financial management, strategic planning, financial reporting, and capital allocation.

Risk Management:

 

Tasks: Identifying financial risks, developing risk mitigation strategies, conducting stress tests, and ensuring regulatory compliance.

Skills Gained: Risk assessment, compliance knowledge, analytical skills, and familiarity with risk management tools.

Treasury and Cash Management:

 

Tasks: Managing the company’s liquidity, optimizing cash flow, handling bank relationships, and ensuring adequate funding.

Skills Gained: Cash management, liquidity planning, banking relations, and financial strategy.

Desired Skills and Attributes:

Technical Proficiency:

 

Experience with financial software and tools such as Microsoft Excel, QuickBooks, SAP, Bloomberg, and other financial modeling software.

Competencies:

  • Strong interpersonal and communication skills
  • Basic Knowledge of financial concepts
  • Excellent organizational skills and attention to detail
  • Strong problem-solving abilities.
  • Demonstrated professionalism, integrity and ability to maintain confidentiality.
  • Willingness to learn, take initiative, and adapt to a fast-paced environment.

Requirements:

  • Must be a South African citizen or have a valid work permit.
  • Recently certified ID and qualifications.
  • Must be able to commit to 12 months.
  • MS Office proficiency.

Nice to have:

  • Driver’s License

Job Type & Contract Length:

Successful graduates will be expected to enter into a 12-month contract. Contract to be renewed upon successful completion of the 1 year – Subject to employers’ discretion.

Remuneration:

  • As per market-related salary for Learners/Graduates

Closing Date: 26 June 2024