Chief Financial Officer

2 weeks ago


Sandton, South Africa Absa Group Full time
Empowering Africa's tomorrow, together…one story at a time.

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.

Job Summary

The Chief Financial Officer of the business has end-to-end accountability and responsibility for financial and management reports, forecasts and business performance analysis for BU. Partners with Managing Executive to transform, to bring stewardship, financial integrity & insights to the current state of the business & its future possibilities to deliver on the operating model and to achieve the business strategy objectives. Co-creates, builds and runs Finance capabilities required to lead to exponential growth and business effectiveness. Focuses commercial management (P&L) of the product across the product lifecycle by seamlessly integrating product value propositions into customer value propositions and owning the product infrastructure (Process and Technology) on which the product runs to support the target customer experience.

Job Description

Strategy

  • Seamlessly integrates for internal supply chain effectiveness and functional integration.
  • Execute Functional strategy, create a shared purpose and identity for function.
  • Accountable for ensuring an optimal and compliant control environment within business unit that appropriately balances risk appetites and customer demand with the need to grow to achieve the financial ambitions and balance sheet aspirations.
  • Manage the strategic investment budget and Book of Work spend for business, in alignment with the enterprise strategy and prioritised in line with Cluster's commercial and cultural aspirations. Also ensures that appropriate Returns on Investment (ROI) are realized by building a culture and discipline of benefits tracking.
  • Influence shape and sustainability of the business by operating from financial management to market presence and product mix or service lines, to technology, talent, help deliver new revenue streams, to leveraging mergers, acquisitions and divestitures as appropriate.
  • Embrace our distinctive brand aspiration and infuse in business.
  • Build a culture of inclusivity, diversity, entrepreneurship, and ownership.
  • Drive Cluster decisions within Business. Drive BU decisions.
  • Accountable for finance narratives & insights driving business.
  • Take an eco-system mandate: (geography, customer, channel and product) of business area.
  • Influence integration of Treasury, Risk, and Finance from a BU perspective.
  • Influence the build of a leading global payments hub, where applicable.
  • Stimulate behavior in business to achieve strategic and financial objectives. Provide leadership to ensure alignment of financial and business strategies.
  • Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity.

Profit and Loss

  • Co-accountable for business growth and profitability.
  • Accountable to ensure that reporting, controls and enterprise risk programs are operating and functioning as intended.
  • Support business leaders in achieving business goals and objectives through the use of advanced modelling and analysis to provide actionable intelligence, beyond data.
  • Responsible for financial rigor and control.
  • With regards to BCM and Cyber security, influence focus on vulnerability and internal controls assessment to review the data supply chain and identify the location of sensitive data. The CFO needs to understand the risks and then develop a plan to align the BCM & cybersecurity strategy with the business strategy. CFOs must also ensure that processes are in place to understand the relevant BCM and cybersecurity compliance and regulatory requirements.

People Investment

  • Coach, inspire, engage, mentor and develop financially and business savvy leaders.
  • Build a scalable, digitally-led business.
  • Help shape society by developing innovative solutions to societal challenges; and expand and augment existing capabilities.
  • Embrace a different, more commercial and overtly entrepreneurial way of doing things.
  • Focus on Finance skills evolution with innovation and employability at the heart of people management.
  • Integrate Big Data and Advanced Analytics into the core of our business.
  • Build specialised Finance skills to support mergers and acquisitions, and partnership capabilities to drive opportunity.
  • Providing thought leadership to the industry.
  • Deliver on our Customer Promise by creating unprecedented, seamless experiences.
  • Be an enabler of capabilities, talent and service level to fulfill business and functional responsibilities in an innovative efficient manner.

Education

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.

#J-18808-Ljbffr

  • Sandton, South Africa HunterGatherer consulting Full time

    **This position is located in Paupau New Guinea** This large and diversified project logistics service provider based in Port Moresby is well positioned for considerable growth from the current LNG and infrastructure investment period in Papua New Guinea. With an increasing blue-chip client and project portfolio, and joint ventures with international...


  • Sandton, South Africa SYSPRO Full time

    **Description**: The Chief Financial Officer will have primary responsibility for planning, implementing, managing and controlling all financial-related activities of SYSPRO. **Key Responsibilities**: - Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives - Ensure credibility of Finance...


  • Sandton, South Africa InsidEntity Full time

    We are seeking a highly skilled Chief Financial Officer to join InsidEntity's finance team. The ideal candidate will have strong analytical skills, experience in process improvement, attention to detail, and the ability to work in a fast-paced environment.The successful candidate will oversee financial operations, supervise and review reconciliations across...


  • Sandton, South Africa Discovery Ltd. Full time

    **Business Unit**:Discovery Insure**Function**:Financial Analysis**Date**:29 Aug 2024 **Discovery Insure** **Chief Financial Officer** **About Discovery** Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose...


  • Sandton, South Africa Acumen Resources Development (Pty) Ltd. Full time

    About Acumen Resources DevelopmentWe are a leading provider of recruitment services, and our client in the automotive sector is seeking a Chief Financial Operations Officer to lead their financial operations.Job ResponsibilitiesCash Flow Forecasting:Develop and maintain cash flow forecasts to inform business decisionsIdentify and analyze variances between...


  • Sandton, South Africa Absa Group Limited Full time

    Key Performance IndicatorsThe Chief Financial Officer will be measured on key performance indicators including:Profitability and growth of the business unit.Effectiveness of financial reporting and forecasting.Quality of financial insights and narratives driving business decisions.The successful candidate will be responsible for building a culture of...


  • Sandton, South Africa Absa Group Limited Full time

    Chief Financial Officer - Business Banking Lending ProductsEmpowering Africa's tomorrow, together...one story at a time.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...


  • Sandton, South Africa Absa Group Limited Full time

    Chief Financial Officer - Business Banking Lending Products Empowering Africa's tomorrow, together...one story at a time. 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...


  • Sandton, South Africa Fides Recrutiemt Full time

    **Chief Financial Officer** **ROLE** - Is accountable and responsible for the financial accounting function of company Holdings and group entities: - Monthly management accounts; - Annual financial statements; - Annual budget; and - Audit. - Is accountable and responsible for the financial accounting function and reporting of Company’s private equity...

  • Chief People Officer

    2 weeks ago


    Sandton, South Africa OneCart Pty (Ltd) Full time

    **Chief People Officer (CPO)** An incredibly exciting opportunity has arisen for an experienced human resources executive to fill the role of Chief People Officer at Onecart - the premier on-demand marketplace in South Africa. As Chief People Officer, you will partner closely with the Chief Executive Officer as a critical member of the executive team,...

  • Chief Finance Officer

    2 weeks ago


    Sandton, South Africa RPO Recruitment Full time

    Our client at RPO Recruitment is currently hiring for the position of Chief Finance Officer (CFO) for their company in Sandton. You will be responsible for managing the company's financial operations, providing strategic financial guidance, and ensuring compliance with financial regulations. This is a senior leadership position that requires strong financial...


  • Sandton, South Africa RPO Recruitment Full time

    At RPO Recruitment, we are currently seeking a highly experienced Chief Finance Officer (CFO) to join our client's team in Sandton, Johannesburg. As the CFO, you will play a key role in managing our company's finances, providing strategic financial guidance, and ensuring compliance with financial regulations. In this senior leadership position, you will be...


  • Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - 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. Job Summary To...


  • Sandton, South Africa Kamo Placements Full time

    Job Overview:Kamo Placements is seeking a seasoned professional to fill the role of Chief Contract Compliance Officer. As part of our team, you will be responsible for managing and implementing contract governance frameworks that ensure company liability is limited.


  • Sandton, South Africa HR Genie Full time

    Job DescriptionWe are seeking a highly skilled and experienced Chief Financial Operations Manager to join our finance team at HR Genie.Key ResponsibilitiesOversee financial operations, ensuring accuracy and efficiency of financial processes.Supervise reconciliations across the group, processing accounts payable, accounts receivable, and bank...

  • Chief Legal Officer

    6 days ago


    Sandton, South Africa Clinix Health Group (Pty) Ltd Full time

    To drive and provide strategic direction and oversight for the Group’s Legal department in order to protect its interests and deliver longer term organisational objectives in line with regulatory, statutory and legal parameters. Collegially formulate an aligned strategic framework to enable shareholder and stakeholder value. The Chief Legal Officer is...


  • Sandton, South Africa Master Human Resources Full time

    As the Chief Operating Officer (COO) with a focus on project delivery excellence, you will be a key member of our executive team, responsible for overseeing and optimizing the operational aspects of our organization. Reporting directly to the CEO, you will play a pivotal role in driving our strategic initiatives forward while ensuring efficient and effective...


  • Sandton, South Africa Planet Fitness Full time

    Job OverviewThe Chief Procurement Officer will play a critical role in driving the success of our organization by developing and implementing effective procurement strategies that meet our operational needs while managing supplier relationships and driving process improvements.ResponsibilitiesDevelop and Implement Procurement Strategies: Create and execute...


  • Sandton, South Africa Paracon Full time

    We are seeking a Chief Information Security Officer at Paracon, a global organization within the financial services and banking sector.Key ResponsibilitiesCyber Security Management: Oversee all IT service management related areas to ensure they are fully functional, operational, and effectively managed.Information Security Enhancements: Develop and implement...


  • Sandton, South Africa C40 Cities Full time

    Finance Director Role at C40 CitiesA leading multinational organization is seeking a Chief Financial Strategist to oversee the entire finance function, ensuring financial integrity and strategic leadership.Key Responsibilities:Develop and execute a comprehensive financial strategy in alignment with business objectives, driving growth and...