Senior Financial Officer

2 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time

Job Requisition

Job Location

  • Johannesburg
  • Career Stream
  • Accounting
  • FAIS Affected
    Job Purpose
  • To generate; analyse and report reliable; meaningful financial and nonfinancial information to support the requirements and decision making of the business; in line with Nedbank's strategy

Responsibilities:

  • Forecast and predict monthly flash report towards end of every month by analysing trends and cost drivers.
  • Provide formal commentary and interpretation on financial information to stakeholders through variance analysis.
  • Prepare adhoc reports by gathering information from various sources and analyse and interpret the data.
  • Implement and monitor costs control measures across the division
  • Align reporting information to business changes by verifying and updating structural changes.
  • Forecast annual staff costs and head count management through staff run rate report.
  • Help facilitate (plan, implement, monitor and adjust) financial planning process which includes annual budget, 3 year plans and quarterly forecasts by looking at trends, initiatives, distribution and cost drivers.
  • Prepare financial, nonfinancial and adhoc reports to various stakeholders on monthly basis by gathering information from various sources and analyse and interpret the data.
  • Provide advice to stakeholders on profitability by extracting information from various sources, interpreting and track on monthly basis.
  • Align the Region's strategy to the Bank's strategy through business planning and stakeholder engagement.
  • Assist in automating and improving Opcom/Manco reporting processes, moving away from excel to PowerBI/Insights/other innovative tools.
  • Ensure that reporting deadlines are met to the finance team and stakeholders by adhering to set deadlines.
  • Manage, track and reconcile spend on training, local area marketing and donations to ensure compliance with relevant department's policies and/or standards.
  • Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.
  • Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
  • Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.
  • Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team.
  • Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.


Essential Qualifications
  • NQF Level
  • Matric / Grade 12 / National Senior Certificate
  • Advanced Diplomas/National 1st Degrees


Preferred Qualification
  • Bachelor of Commerce: Honours
  • Accounting
  • Minimum Experience Level years in financial management preferably in the financial services industry.
    Technical / Professional Knowledge
  • Administrative procedures and systems
  • Data analysis
  • MIS
  • Power BI and/or Other Automation tools skills
  • Banking procedures
  • Cluster specific operations
  • Governance, Risk and Controls
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Business writing skills
  • Microsoft Excel
  • Microsoft Powerpoint
- **_Please contact the Nedbank Recruiting Team at _

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