Financial Manager

1 week ago

Johannesburg, Gauteng, South Africa Nedbank Full time

Job Requisition - 137735
Closing Date - 05 February 2025
Location - Johannesburg
Cluster - Nedbank Wealth - Wealth Management SA Business Unit
Please Note: Preference will be given to applicants from Underrepresented Groups

Job Family

Finance

Accounting

Manage Others

FAIS AffectedJob Purpose

The Finance Manager will be responsible for managing the financial performance of the Nedgroup private wealth Investment Business unit (BU), ensuring accurate financial reporting, and maintaining strong relationships with stakeholders. This role requires a deep understanding of financial management, accounting principles, and regulatory compliance.

Job Responsibilities
  • Manage the headline earnings, non-interest revenue, and cost to income ratio.
  • Regular engagement on headline earnings (HE), cost containment with business to gain insights to impact numbers towards targets.
  • Provide meaningful commentary explaining monthly performance and variances to budget and prior year.

Accounting:

  • Maintain accurate and complete financial records by correctly accounting for transactions in line with IFRS, SARS, and compliance rules.
  • Ensure timely and accurate preparation of annual financial statements (AFS).

Reporting:

  • Report BU financial information throughout all reporting periods, including monthly, interim, and year-end.
  • Ensure all journals are captured before ledger close-off and numbers are ready for flash reporting.
  • Prepare manco slides monthly with sufficient commentary to add value to the business.
  • Develop a robust three-year plan, Q0, and forecasting that aligns with expectations.

Financial Business Partnering:

  • Monthly engagement with key stakeholders (Regional heads, head of product, investment specialists, etc.) on performance.
  • Monitor key KPIs for each stakeholder and report to the business.
  • Maintain segmental reporting and hold stakeholders accountable for performance.
  • Review BU balance sheets to ensure accuracy and clear reconciling items.
  • Maintain current balances to minimize financial errors.
  • Ensure commercial needs are IFRS compliant at all times.
  • Improve the control environment through review processes.
  • Provide ongoing support to the Senior Finance Manager, ensuring that Finance is the trusted financial partner.

Profitability:

  • Identify and address any revenue leakages for the BU.
  • Track wealth managers' profitability in practice compared to employment model.

Monthly Forecasting:

  • Monthly update of the rolling forecast (actuals + forecast) and provide commentary on savings or overspending.
  • Engage with BUs to assess whether reforecasting of the budget should be actioned.

Knowledge/Skills Transfer and Succession Planning:

  • Develop capable support to Finance Officers within the team to grow into more senior roles within the BU and Division.

Standard Operating Procedures:

  • Ensure all finance processes are clearly documented to facilitate skill transfer among team members and ensure business continuity.

Staff Management:

  • Conduct goal contracts, career development plans, and performance reviews on a timely basis.
  • Resolve any team conflicts and provide opportunities for training and skill advancement.
People SpecificationEssential Qualifications - NQF Level
  • Professional Qualifications/Honour's Degree
  • Bachelor's degree Honours in Finance, Accounting, or a related field.
  • Professional accounting qualification: Chartered Accountant.
Essential CertificationsPreferred CertificationsMinimum Experience Level
  • Minimum of 2 years of experience in a senior finance role.
  • Strong knowledge of IFRS, SARS, and compliance rules.
  • Proficiency in financial reporting and analysis.
  • Excellent communication and stakeholder management skills.
  • Experience with financial planning and forecasting.
  • Proficiency in financial software and tools (e.g., PowerBI).
Technical / Professional Knowledge
  • Banking procedures.
  • Business principles.
  • Business writing.
  • Cluster specific operations.
  • Governance, Risk and Controls.
  • Principles of financial management.
  • Relevant regulatory knowledge.
  • Relevant software and systems knowledge.
  • Research methodology.
  • Decision-making process.
  • Communication.
  • Work Standards.
  • Managing Work.
  • Technical/Professional Knowledge and Skills.
#J-18808-Ljbffr

  • Financial Management Expert

    5 days ago

    Johannesburg, Gauteng, South Africa CA Financial Appointments Full time

    Company OverviewWe are a leading logistics company based in Cape Town, seeking an experienced Financial Manager to drive our financial operations forward. The ideal candidate will have a proven track record in financial management and a passion for delivering results.

  • Financial Controller for Property Management

    3 days ago

    Johannesburg, Gauteng, South Africa CA Financial Appointments Full time

    CA Financial Appointments is seeking a highly skilled and experienced Financial Controller to join their team in the Property Management industry. The ideal candidate will be responsible for managing financial transactions, preparing financial reports, and ensuring compliance with accounting standards.Key Responsibilities:Monthly financial reporting and...

  • Senior Financial Manager Needed

    3 days ago

    Johannesburg, Gauteng, South Africa CA Financial Appointments Full time

    The role of the Financial Controller at CA Financial Appointments involves managing the financial aspects of our clients in the Property Management industry. Key responsibilities include:Managing financial data and preparing reportsEnsuring accurate financial transactions and reconciliationsPreparing VAT returns and submitting to relevant...

  • Financial Manager Position

    20 hours ago

    Johannesburg, Gauteng, South Africa AFA - Accounting and Financial Advisory Full time

    About the Role:We are seeking a highly experienced Chartered Accountant CA(SA) to fill the position of Financial Manager. The successful candidate will be responsible for managing the Group's financial affairs, including financial statement preparation, budgeting, and forecasting.Main Responsibilities:Financial Planning: Manage the Group annual budget...

  • Senior Financial Planner

    1 day ago

    Johannesburg, Gauteng, South Africa TTT Financial Group Full time

    Get expert advice on financial planning and wealth management.About TTT Financial GroupWe are passionate about bringing financial clarity to South African families.Job DescriptionThis is a full-time hybrid role for a Senior Financial Planner at TTT Financial Group. The role is located in the Johannesburg Metropolitan Area but allows for some remote work. As...

  • Senior Financial Manager

    3 days ago

    Johannesburg, Gauteng, South Africa AFA - Accounting and Financial Advisory Full time

    Company OverviewAFA - Accounting and Financial Advisory is a leading provider of accounting and financial advisory services. We are seeking an experienced Chartered Accountant to join our team in this key role.

  • Financial Services Representatives

    6 days ago

    Johannesburg, Gauteng, South Africa Financial Advisors HR Full time

    At Financial Advisors HR, we are seeking experienced professionals to join our team as Insurance and Wealth Management Professionals.About the RoleThis is a full-time remote opportunity for individuals with a passion for financial services. As an Insurance and Wealth Management Professional, you will be responsible for providing top-notch wealth management...

  • Transportation and Logistics Manager

    5 days ago

    Johannesburg, Gauteng, South Africa Farm Manager SA Full time

    About the Role:Farm Manager SA seeks an experienced Senior Operations Executive to lead our Warehouse and Transportation operations.The ideal candidate will have a tertiary qualification in Warehousing, Transportation, and Logistics, with at least 8-10 years of senior operational experience in the industry.The selected candidate will be responsible for...

  • Chief Financial Strategist

    4 days ago

    Johannesburg, Gauteng, South Africa Accounting and Financial Advisory Ltd Full time

    Job OverviewThe role of Senior Finance Manager at Accounting and Financial Advisory Ltd is to oversee all financial operations, including budgeting, forecasting, and financial reporting. The ideal candidate will have a strong background in finance and accounting, along with excellent leadership and strategic planning skills.About the RoleThis position...

  • operations manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Farm Manager SA Full time

    MINIMUM REQUIREMENTS Tertiary Qualification in Warehousing, transportation and logistics Excellent Computer skills Excellent management and human resources skills Good understanding of accounting processes 8 - 10 Years at senior operational level with the Warehouse and transportation industry Basic legal knowledge of contracts Problem solving skills Judgment...

  • operations manager

    5 days ago

    Johannesburg, Gauteng, South Africa Farm Manager SA Full time

    Minimum Requirements:Tertiary Qualification in Warehousing, Transportation, and LogisticsExcellent management and human resources skillsGood understanding of accounting processes8 - 10 Years at senior operational level within the Warehouse and Transportation industryBasic legal knowledge of contractsJudgment and decision-making skillsStrategic planning...

  • Senior Financial Analyst

    20 hours ago

    Johannesburg, Gauteng, South Africa AFA - Accounting and Financial Advisory Full time

    Job Overview:AFA - Accounting and Financial Advisory is seeking a highly skilled Chartered Accountant CA(SA) to join our team as a Senior Financial Analyst. This role will involve preparing, maintaining, and reviewing financial statements, as well as providing advice on financial matters.Main Responsibilities:Financial Statement Preparation: Prepare a full...

  • Insurance Sector Financial Strategist

    6 days ago

    Johannesburg, Gauteng, South Africa Accounting and Financial Advisory Ltd Full time

    Job SummaryWe are seeking a highly skilled and experienced Finance Manager to join our team in the insurance industry. This role is responsible for overseeing all financial aspects of the organization, ensuring compliance with regulatory requirements, and implementing financial strategies to optimize performance and profitability.Key Responsibilities:Develop...

  • Wealth Management Expert

    1 day ago

    Johannesburg, Gauteng, South Africa TTT Financial Group Full time

    Unlock your potential with TTT Financial Group.About Our TeamWe are a dynamic team of financial professionals dedicated to helping South African families achieve their financial goals.Job OverviewThis is a fantastic opportunity to join our team as a Wealth Management Expert. As a key member of our team, you will play a critical role in developing and...

  • Financial Advisors/ Insurance brokers/Great sales people

    6 days ago

    Johannesburg, Gauteng, South Africa Financial Advisors HR Full time

    National insurance broker franchise 100% commission only. Current advisers earning between 30k to 300k per month ***WORKING PERSAL MARKETS, TEAM LEADERS ALSO REQUIRED*** This is a full-time remote role for a Financial Adviser/Insurance Broker/Salesperson. A leading financial services company committed to providing top notch wealth management and protection...

  • Group Tax Manager

    5 days ago

    Johannesburg, Gauteng, South Africa CA Financial Appointments Full time

    I have an exciting opportunity for a Financial Manager to join a growing logistics company based in Cape Town. The ideal individual will be an experienced Financial Manager, someone who is ambitious, detail focused and hands on.Responsibilities :Prepare budgets and yearly sales forecastsReport on variances from budget, reasons for variancesEvaluate insurance...

  • Insurance and Wealth Management Professionals

    6 days ago

    Johannesburg, Gauteng, South Africa Financial Advisors HR Full time

    We are seeking highly skilled professionals to join our team at Financial Advisors HR as Sales and Advisory Specialists.Company OverviewOur company is a leading provider of financial services, committed to delivering exceptional results and building long-lasting relationships with our clients. We are dedicated to providing top-notch wealth management and...

  • Financial Manager

    3 days ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job & Company Descriptions A leading distributor and retailer of premium consumer electronics is seeking a talented Financial Manager to join their dynamic team on a permanent basis. The successful candidate will oversee the full financial function of the company, providing insights and strategic direction to support business growth and financial stability....

  • Financial Manager

    2 days ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job & Company Descriptions A leading distributor and retailer of premium consumer electronics is seeking a talented Financial Manager to join their dynamic team on a permanent basis. The successful candidate will oversee the full financial function of the company, providing insights and strategic direction to support business growth and financial stability....

  • Financial Manager

    1 day ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    A leading distributor and retailer of premium consumer electronics is seeking a talented Financial Manager to join their dynamic team on a permanent basis. The successful candidate will oversee the full financial function of the company, providing insights and strategic direction to support business growth and financial stability. Duties: Manage the full...