Finance business Partner

4 weeks ago

Gauteng Johannesburg, South Africa Absa Group Limited Full time
Absa Group Limited’s job vacancy, Career and Recruitment

Job title : Finance business Partner – Sandton jobs in Gauteng

Job Location : Gauteng, Johannesburg

Deadline : May 15, 2024

Quick Recommended Links

Jobs by Location Job by industries

Job Description

Key Accountabilities 

Accountability:  Managing the Finance Environment

Execute strategic objectives as articulated by the Chief Operating Officer (COO) for the Business Unit (BU) explaining key focus areas to Executives and line managers. Review and present monthly financials and variance commentary at Divisional Manco meetings and where required support the Senior Finance Business Partners with presentation to EXCO Meetings. Implement and monitor cost control initiatives within the different functional areas within the Business Units in order to achieve overall Business Unit cost targets. Track cost savings benefits for the different centres within the business unit for which the role is responsible as and when required. Implement programmes and financial systems and policies as may be directed by the Senior Finance Business Partner for the financial year. Compile and present Financials to the relevant business owners on a monthly basis including financial actuals against forecasted trends. Conduct research and develop financial forecasts and indicators for the business to enable effective financial decision making and early warning systems. Participate in business initiatives or Group and Cluster financial initiatives on behalf of the business unit where required and ensure deliverables and frameworks are effectively implemented in own area of responsibility. (e.g. financial transfers between business units, group financial projects and business unit level financial drives and programmes).

Accountability: Financial management and Business Partnering

Allocate duties to team members where required to execute and coordinate finance activities required within the business unit to ensure adherence to sound financial management and accounting practices within Business Unit. Monitor financial trends and identify gaps, based on gaps identified, motivate requests and new ways of work to the Senior Business Partner for additional resources including people, budget and equipment Obtain a thorough understanding of the business unit’s strategy and explain it to team members in such a way that they understand the contribution they have to mak Provide financial advise and guidance to line managers and business owners on new initiatives, current budget management practices and trends in expenditure in their areas of accountability. Explain targets and take accountability for the monitoring and achievement of own and team performance objectives in the department in terms of return on investments, financial risk, financial planning and governance. Create and present quarterly and monthly plans to ensure delivery for the year. Manage departmental budgets including signing off of invoices and quotes within mandate. Escalate out of budgets or items higher than approved mandate to the next level manager. Rigorously monitor expenditure against approved budgets for the areas of accountability and put measures in place to address variances. Continuously identify areas for improved efficiency and reduced cost. Conduct basic statistical analysis to track performance variances and determine the root causes of errors. Make recommendations for productivity or process enhancements to process owners Implement productivity improvement measures by coaching line managers on any new processes or on their areas for improvement. Populate balanced scorecards for the specific department on a monthly basis. Work with the team to address shortcomings during the next month. Escalate any major issues identified to the next level manager Participate in the measurement and reporting of internal and external Service Level Agreements on a monthly basis. Address any process failures specific to the department under management.

Accountability: Business Planning 

Partner with the departments and the BU line managers to complete sound annual financial plans within the agreed timeframes. Review the 3 year forecast for Medium Term Plans (MTP’s) for the area of accountability in accordance with BU strategy annually. Review the 3 year forecast for Short Term Plans (STP’s) for the area of accountability in accordance with BU strategy annually. Review the 3 year forecast for Revised Annual Forecast (RAF) for the area of accountability in accordance with BU strategy annually. Review the expenditure against budget with accountable managers on a monthly basis and engage on areas of over expenditure or cost opportunities and help line managers to implement initiatives where budget savings can be made.

Accountability:  Governance

Authorise the reconciliations submitted in terms of the GL Framework from the Finance Business Partner (FBP) on a monthly basis. Ensure that processes, control requirements and risk management frameworks that have been designed for the area are understood by all members of the team and that these are adhered to on a monthly basis. Monitor compliance training undertaken by team members and ensure that they complete the required training within prescribed timelines. Implement required governance forums to support improved financial management practices within own area of responsibility. (e.g. monthly finance reporting, monthly finance meetings). Role / Person Specification

Education and Experience Required:

NQF Level 7: Honours/Master’s Degree BCom Accounts Minimum 3 years financial management experience

*Accounting / Financial Services  jobs in south africa

*Finance business Partner – Sandton in Johannesburg

  • Finance Business Partner

    1 day ago

    Johannesburg, South Africa Secondments Recruitment Full time

    **Job Advert Summary**: To provide Finance business partnering support, oversee the delivery of end-to-end financial accounting and financial management accounting services to the organisation. Determine and implement policies, procedures and processes for Finance in line with the wider Finance policies, regulatory/statutory requirements and good...

  • Finance Business Partner

    6 days ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    A global leader in the FMCG sector has an exciting opportunity for an experienced Financial Business Partner. My client has been in operation for many decades, and they pride themself on the production and distribution of varied fast moving consumer goods loved and trusted by consumers world-wide. They boast a large local and global presence in the...

  • Finance Business Partner

    6 days ago

    Johannesburg South, South Africa Communicate Recruitment Full time

    An opportunity to join a revolutionised corporate space awaits you. **Job & Company Description**: Our client is a big deal in the industry, experienced enough to offer solutions. They are experts in harnessing drive and business intelligence. They are recruiting for a Finance Business Partner who will be working closely with various departments and be...

  • Senior Finance Business Partner

    3 days ago

    Johannesburg, South Africa Smith Garb Full time

    Gauteng, JHB - Eastern Suburbs - Annually (Market related, Negotiable) Multi-national manufacturing engineering concern based on the East Rand has an opportunity for a **CA(SA) with 5 to 7 years previous commercial experience **to take on the role of Senior Finance Business Partner. The role combines Business Planning and Analysis with Financial Accounting....

  • Finance Business Partner

    4 days ago

    Johannesburg, South Africa FLSmidth, Inc. Full time

    Do you want to make a difference in the world and contribute to a sustainable future? We believe we can develop the technology and gain the know-how to make a difference. It’s a big responsibility, and we are committed to making an impactful positive change. We need your skills, curiosity, and drive for change to fulfil our goal. Together, we enable our...

  • Finance Business Partner

    2 days ago

    Johannesburg, South Africa BankservAfrica Full time

    This details all the information about the job posting. - Share this job as a link in your status update to LinkedIn. **Do you see a future that includes more?** **More exposure to innovative technologies, more personal growth, more experience?** **Look at the position we have available and see how, together we can shape your future, so that you can give...

  • Finance Business Partner

    18 hours ago

    Johannesburg, South Africa 543 FLSmidth (Pty.) Ltd. Full time

    Do you want to make a difference in the world and contribute to a sustainable future? We believe we can develop the technology and gain the know-how to make a difference. It’s a big responsibility, and we are committed to making an impactful positive change. We need your skills, curiosity, and drive for change to fulfil our goal. Together, we enable...

  • Finance Business Partner

    5 days ago

    Johannesburg, South Africa Inkunzi Soft Lending Full time

    The finance business partner will be embedded within the different entities to create active partnerships that provide real-time support and analysis He /She will responsible for all accounting-related activities, including managerial accounting, preparation of financial statements, and other finance activities within the group. This is a position working at...

  • Finance Business Partner

    1 day ago

    Johannesburg, South Africa South African Bankers Services Company Pty Ltd Full time

    **Job Description**: BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties. **PURPOSE** The main purpose of the role is to develop a...

  • Senior Finance Business Partner

    1 week ago

    Johannesburg, South Africa CA Financial Appointments Full time

    A well-known financial services provider is seeking an experienced CA(SA) with a strong background in the Financial Services/Banking sectors. This individual should have excellent stakeholder management skills, an innovative way of thinking and the ability to see the ‘’big picture’’. The core focus of this role will be to partner with the business...

  • Finance Business Partner: Business Performance

    4 days ago

    Johannesburg, South Africa BankservAfrica Full time

    This details all the information about the job posting. - Share this job as a link in your status update to LinkedIn. **Do you see a future that includes more?** **More exposure to innovative technologies, more personal growth, more experience?** **Look at the position we have available and see how, together we can shape your future, so that you can give...

  • Finance Business Partner .

    4 weeks ago

    Johannesburg, South Africa People Source Full time

    Strong financial analytical and presentation skills, financial risk management, reporting, control governance and experience in finance operations to setup finance policies and procedures. Drive strategy and engage in due diligence reviews as well as support finance needs. Gauteng.

  • Finance Business Partner

    3 weeks ago

    Johannesburg, South Africa H&S Labour Brokers Full time

    To provide Finance business partnering support, oversee the delivery of end-to-end financial accounting and financial management accounting services to the organisation. Duties - Determine and implement policies, procedures and processes for Finance in line with Finance policies, regulatory/statutory requirements and good practice - Periodically review the...

  • Finance Business Partner

    4 weeks ago

    Johannesburg, South Africa People Source Full time

    This is a multifaceted role where it requires greater attention to details, strong financial analytical and presentation skills, financial risk management, Oracle reporting, control governance together with experience in overall Finance operations to review and setup finance policies and procedures as per the Industry best practice.You will need at least 5...

  • Commercial Business Partner

    4 days ago

    Johannesburg, South Africa Nandos Careers Full time

    This role must drive business value creation across the CO&O estate As commercial business partner, you will be the finance contact to work with the business in order to achieve its financial objectives through financial analysis as well as business insights and solutions. You will also be providing finance expertise in new business initiatives and...

  • Finance Business Partner.

    4 weeks ago

    Johannesburg, South Africa People Source Full time

    Gauteng-based tech company. The ideal candidate should have a background in hyperion reporting, FCCS, and analysis experience, as well as experience with Finance Clearance House & Interconnect systems. This multifaceted role requires attention to detail, strong financial analytical and presentation skills, financial risk management, and Oracle reporting and...

  • Finance Business Partner.

    2 weeks ago

    Johannesburg, South Africa People Source Full time

    Gauteng-based tech company. The ideal candidate should have a background in hyperion reporting, FCCS, and analysis experience, as well as experience with Finance Clearance House & Interconnect systems. This multifaceted role requires attention to detail, strong financial analytical and presentation skills, financial risk management, and Oracle reporting and...

  • Manager - Finance Business Partner

    2 weeks ago

    Johannesburg, South Africa People Source Full time

    The ideal candidate should have strong financial analytical and presentation skills, financial risk management, Oracle reporting, control governance experience, and overall finance operations knowledge to review and set-up finance policies and procedures. Gauteng based.

  • Manager - Finance Business Partner

    4 weeks ago

    Johannesburg, South Africa People Source Full time

    The ideal candidate should have strong financial analytical and presentation skills, financial risk management, Oracle reporting, control governance experience, and overall finance operations knowledge to review and set-up finance policies and procedures. Gauteng based.

  • Group Finance Business Partner: Commercial

    3 days ago

    Johannesburg, South Africa Vodafone Full time

    . When it comes to putting people first, we're number 1.  The number 1 Top Employer in South Africa.  Certified by the Top Employer Institute 2024. Role Purpose/Business Unit: The core purpose of this role is to support the Group Commercial team as a Business Partner to ensure that key business objectives, effective decision-making, and...