127 Variance Analysis jobs in Nairobi

Job Summary

We are seeking a highly skilled Data Analyst with a strong focus on financial modeling. In this role, financial modeling is the core responsibility—you will spend most of your time building and refining models that drive strategic client decisions. Data skills (SQL, Python, BigQuery) will enable you to scale and optimize that work.

This role is client-facing: you'll collaborate directly with CFOs and other analysts to deliver outputs seen by clients. Accuracy, clarity, and attention to detail are critical, as mistakes can directly impact client trust. The ideal candidate is passionate about financial modeling, eager to learn across industries, and thrives in a collaborative, fast-changing environment.

Key Responsibilities

1. Financial Modeling (Core)

o Build, refine, and maintain cash flow forecasts, KPI analytics, and operating financial models.

o Ensure models are modular, intuitive, and user-friendly, enabling broad usability across multiple clients.

o Translate P&L statements, KPIs, and financial data into actionable forecasts and insights.

2. Client-Facing Analysis

o Deliver financial insights directly to clients with clarity and professionalism.

o Collaborate with CFOs and analysts to provide strategic recommendations.

o Adapt quickly to different industries and business models—no two clients are alike.

3. Data Analysis & Reporting

o Use SQL (preferably Google BigQuery) to collect and analyze datasets.

o Apply Python for advanced data processing, automation, and visualization.

o Support the design of scalable systems for financial data and KPI analysis.

4. Collaboration & Problem-Solving

o Work closely with cross-functional teams in a highly collaborative environment.

o Contribute to new approaches, dashboards, and tools that push the boundaries of how CFOs operate.

o Approach challenges with creativity, intellectual sharpness, and entrepreneurial spirit.

Required Qualifications

· Bachelor's degree from a top-tier university in Data Analytics, Finance, Computer Science, Engineering or a related field.

· Proven expertise in financial modeling (cash flow forecasting, KPI analytics, operating models).

· Proficiency in SQL and Python.

· Strong financial acumen and understanding of operating-level finance.

· Excellent analytical and problem-solving skills with attention to detail.

Preferred Qualifications

· Experience with Google BigQuery or similar cloud SQL environments.

· Familiarity with data pipelines, ETL processes, or scalable data workflows.

· Exposure to cloud platforms such as GCP.

· Advanced Excel/Google Sheets skills for financial modeling.

· Experience with B2C (consumer product) companies.

· Familiarity with BI/analytics tools such as Looker, Tableau, or dbt (helpful, not required).

Soft Skills

· Passion for financial modeling—comfortable working on it daily.

· High accountability: understands the sensitivity of client-facing work.

· Strong communication skills to explain complex insights clearly.

· Ability to learn quickly and adapt to changing client needs.

· Entrepreneurial mindset with curiosity and creativity.

What You'll Gain

· Exposure to a wide range of clients, industries, and metrics.

· The opportunity to build financial products and models that shape CFO functions across companies.

· A collaborative environment where sharp thinkers and problem-solvers thrive.

• Develop and maintain financial models for forecasting, budgeting, and strategic planning.
• Prepare monthly, quarterly, and annual financial reports and analysis.
• Analyze financial performance against budgets and forecasts, identifying key drivers of variances.
• Provide financial insights and recommendations to support business unit leaders.
• Assist in the preparation of financial statements and disclosures.
• Conduct ad-hoc financial analysis and modeling as required.
• Collaborate with accounting teams to ensure data integrity and compliance.
• Identify and implement process improvements within the finance function.

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional certification such as CPA or CFA is a strong advantage.
• Minimum of 5 years of experience in financial analysis, corporate accounting, or a related role.
• Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and financial modeling.
• Experience with accounting software (e.g., SAP, Oracle, QuickBooks) and financial reporting tools.
• Strong understanding of financial principles and accounting standards.
• Excellent analytical, problem-solving, and quantitative skills.
• Effective written and verbal communication skills for remote collaboration.

• Perform complex financial modeling, including discounted cash flow (DCF), leveraged buyout (LBO), and comparable company analysis.
• Conduct thorough due diligence and valuation analyses for mergers, acquisitions, and capital raising transactions.
• Prepare comprehensive financial reports, presentations, and memorandums for internal and external stakeholders.
• Analyze financial statements, industry trends, and economic conditions to provide strategic insights.
• Assist in the origination and execution of transactions by identifying potential opportunities and developing client relationships.
• Monitor portfolio performance and provide recommendations for optimization.
• Collaborate with deal teams and clients to gather necessary financial information.
• Ensure compliance with all regulatory requirements and internal policies.
• Develop and maintain strong relationships with clients, investors, and other financial professionals.
• Stay abreast of market developments, regulatory changes, and best practices in investment banking.
• Support senior bankers in client meetings and deal negotiations.
• Utilize financial databases and software (e.g., Bloomberg, Refinitiv) for data analysis and research.
• Prepare pitch books and marketing materials for client presentations.
• Mentor junior analysts and contribute to team development.

• Bachelor's degree in Finance, Economics, Accounting, or a related quantitative field. MBA or advanced degree preferred.
• Minimum of 5-7 years of relevant experience in investment banking, corporate finance, financial analysis, or a related field.
• Proven experience with financial modeling, valuation techniques, and transaction execution.
• Strong understanding of capital markets, financial instruments, and M&A processes.
• Proficiency in financial modeling software and tools.
• Excellent analytical, quantitative, and problem-solving skills.
• Strong attention to detail and accuracy.
• Exceptional written and verbal communication skills, with the ability to present complex financial information clearly.
• Ability to work independently and collaboratively in a remote environment.
• Demonstrated ability to manage multiple projects and meet tight deadlines.
• CFA designation is a significant advantage.

• Develop and maintain complex financial models for mergers & acquisitions, valuation, and corporate finance transactions.
• Conduct in-depth financial analysis, including company valuations, comparable company analysis, and precedent transaction analysis.
• Prepare client-facing materials, such as presentations, pitch books, and memorandums.
• Assist in the due diligence process for potential transactions, including reviewing financial statements and legal documents.
• Monitor market trends and analyze economic factors impacting financial markets and client businesses.
• Support senior bankers in client meetings and negotiations, providing analytical backing.
• Collaborate effectively with deal teams and other stakeholders in a remote environment.
• Ensure accuracy and integrity of all financial data and analysis.
• Stay updated on regulatory requirements and industry best practices in finance.
• Contribute to business development efforts and identify new opportunities.

• Bachelor's degree in Finance, Economics, Accounting, or a related quantitative field.
• Minimum of 3 years of relevant experience in investment banking, corporate finance, financial analysis, or a related field.
• Strong proficiency in financial modeling, valuation techniques, and accounting principles.
• Advanced skills in Microsoft Excel, PowerPoint, and financial databases (e.g., Bloomberg, Refinitiv).
• Excellent analytical, critical thinking, and problem-solving abilities.
• Exceptional written and verbal communication skills, with the ability to articulate complex financial concepts.
• Ability to work independently, manage multiple priorities, and meet tight deadlines in a remote setting.
• High level of professionalism, integrity, and attention to detail.
• Team player with strong interpersonal skills, capable of collaborating effectively virtually.
• CFA designation or progress towards it is a significant advantage.

• Prepare and review monthly, quarterly, and annual financial statements in accordance with IFRS/GAAP.
• Manage the general ledger, ensuring accuracy and completeness of all financial transactions.
• Perform balance sheet reconciliations and investigate discrepancies.
• Conduct variance analysis, identifying key drivers and providing explanations for financial performance.
• Assist in the preparation of budgets and forecasts, and monitor performance against these plans.
• Support internal and external audits by providing necessary documentation and explanations.
• Ensure compliance with tax regulations and reporting requirements.
• Develop and implement accounting policies and procedures to enhance internal controls.
• Manage accounts payable and accounts receivable functions as needed.
• Utilize accounting software and ERP systems to maintain financial records and generate reports.
• Provide financial insights and recommendations to management to support strategic decision-making.
• Effectively manage remote workload, prioritize tasks, and ensure timely completion of financial reporting cycles.
• Stay current with changes in accounting standards and best practices.

• Bachelor's degree in Accounting, Finance, or a related field.
• Certified Public Accountant (CPA) or equivalent professional qualification is essential.
• Minimum of 5 years of progressive experience in financial accounting and reporting.
• Strong knowledge of IFRS and/or US GAAP.
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and advanced Excel skills.
• Experience with ERP systems is highly desirable.
• Excellent analytical, problem-solving, and organizational skills.
• Strong attention to detail and commitment to accuracy.
• Effective communication and interpersonal skills for remote collaboration.
• Ability to work independently, manage time efficiently, and meet tight deadlines.
• Experience in financial analysis and reporting is crucial.
• Familiarity with the business and financial environment in **Mombasa, Mombasa, KE** is advantageous.

• Perform comprehensive financial statement analysis for publicly traded and private companies.
• Develop and maintain financial models, including discounted cash flow (DCF), comparable company analysis, and precedent transactions.
• Conduct industry and market research to identify trends, opportunities, and risks.
• Prepare detailed investment research reports, presentations, and memos for senior management and investment committees.
• Evaluate the financial performance and potential of investment opportunities across various sectors.
• Monitor macroeconomic factors and their potential impact on investment portfolios.
• Assist in due diligence processes for potential acquisitions or investments.
• Collaborate with portfolio managers and other stakeholders to provide analytical support.
• Stay current with financial regulations, market developments, and valuation methodologies.
• Ensure accuracy and integrity of all financial data and analyses.
• Present findings and recommendations clearly and concisely.

• Bachelor's degree in Finance, Economics, Accounting, or a related quantitative field.
• Proven experience as a Financial Analyst, Investment Analyst, or in a similar role within the banking or finance sector.
• Strong understanding of financial modeling, valuation techniques, and accounting principles.
• Proficiency in financial data analysis tools and software (e.g., Bloomberg Terminal, FactSet, Refinitiv Eikon).
• Excellent analytical, critical thinking, and problem-solving skills.
• Strong written and verbal communication skills, with the ability to present complex financial information effectively.
• Ability to work independently, manage multiple projects, and meet deadlines in a remote setting.
• Experience with Python, R, or other statistical programming languages is a plus.
• CFA charterholder or candidate progressing towards CFA is highly desirable.
• High ethical standards and attention to detail.

• Developing and maintaining comprehensive risk assessment models and methodologies.
• Analyzing financial data to identify emerging risks and trends, and preparing detailed reports for management.
• Implementing and monitoring risk mitigation strategies and controls.
• Ensuring compliance with banking regulations and internal policies related to risk management.
• Collaborating with various departments to integrate risk management principles into business operations.
• Conducting stress testing and scenario analysis to evaluate the impact of adverse market conditions.
• Staying current with industry best practices and regulatory changes in financial risk management.
• Contributing to the development and execution of business continuity and disaster recovery plans.
• Providing training and guidance to other teams on risk management best practices.
• Utilizing advanced financial modeling software and data analytics tools.