![Absa Bank Limited](https://envy-mag.com/img/c/absa-bank-limited.png)
Finance Business Partner
2 weeks ago
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
The Finance Business Partner is responsible for acting as the intermediary between business/operations and Finance.
The Finance Business Partner is also responsible for leading financial planning activities (RAF/MTP/Outlooks), as well as maintaining the Finance Management Information (MI) to report on the financial and business performance of the BU.
Specific Role Purpose:
Role will be focused on building financial models using historical data; product related information based on various industry & internal inputs in support of business cases, strategic initiatives, potential new products and partnerships.
The incumbent will be required to perform financial reconciliations', analysis, and reporting in an accurate, complete and timely manner; and continuously seeks to improve operations by scaling automated financial processes to doing deep dives and trend analyses, to crafting financial solutions aligned to all appropriate controls, business financial health and growth objectives.
The Finance Business Partner equips finance and business leadership with sound financial information to support decision making at all levels.
The Finance Business Partner of the business enables achieving the operational objectives of the business by building an agile finance enablement to transform, to bring stewardship, financial integrity & insights to the current state of the business & its future possibilities to deliver on the new operating model and to achieve the business objectives set by Absa.
Job Description:
Commercial Finance Execution Accountabilities
- Develop and sustain knowledge and experience on the end to end processes, including relevant systems within scope of work.
- Responsible for continuous operational excellence and realtime responsiveness of finance to enable business to achieve growth and profitability objectives.
- Prepare for all planning cycles in advance and ensure adequate engagement with the relevant finance and business teams.
- Focus on informationdriven performance improvement and formulate data into easy access standardised views.
- Ensure that the CFO and senior managers are appraised of key financial issues that need to be raised with executive leadership to enable integrity and timely management the BU.
- Create unprecedented, seamless customer experiences via finance BU enablement.
- Embrace our distinctive brand aspiration and infuse in business.
- Identify and innovate operating practices to optimize the function. Embrace digital solutions.
- Drive continuous process efficiency, financial rigor and controls.
- Adopt what's 'best for absa' approach in finance practices.
- Have a holistic ecosystem view of business, that is, geography, customer, channel and product in developing information views of business.
- Book of work contribution: Build innovative finance business case financial information, insights and benefits tracking's' solutions to continuously inform management decisions.
- Transform and evolve Finance planning, tracking and control processes.
- Know BU financial ambitions and balance sheet aspirations of PSC in performance reporting.
- Contribute to the effectiveness of the core finance processes for PSC Finance (annual planning, forecasting, spend trajectory and reporting).
- Understand and integrate Treasury, Risk, and Finance data from a BU perspective, where appropriate.
- Influence the build of a leading global payments hub, where applicable.
- Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity.
- Be an active force for good in society through business execution.
- Contribute to BCM & cybersecurity processes relevant to the BU and finance execution.
- Build trust in the finance function through the creation of a single source of financial information which is corroborated by related management information sources and alignment to the agreed accounting principles, methodologies, and underlying data are correctly applied.
- Generate innovative easy to comprehend progress reports for leaders on their strategic agenda, shortterm and longterm plans and investments, operational success metrics, efficiencies, risks and mitigations.
- Interact with the stakeholders to agree minimum quality standards, as well as an agreed method of communicating and resolving any identified quality deficiencies in the reporting process.
- Own the process of delivery of highqua
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