Specialist: Cost Management and Change

2 weeks ago


Johannesburg, South Africa Absa Bank Limited Full time

Bring your possibility to life Define your career with us
- 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 Financial Decision Support function covers the reporting of all financial and management information within Absa. It involves the analysis and interpretation of this reporting and providing business with meaningful insights to enable decision making. The team provides continuous decision support for Exco and senior management within Relationship Banking as well as the wider ABSA group

**Job Description**:
Key Accountabilities

Monthly reporting and month end packs
- Prepare the system for monthly flash capturing by various business units
- Provide input for monthly flash reporting, by analysing results against expectations and investigating unusual items
- Consolidation of monthly flash and commentary from various business units
- Prepare monthly packs detailing performance against prior year and benchmarks such as STP Budget and RAF and/or Outlooks, and recommending corrective actions
- Provide timeous and accurate analysis on monthly, quarterly, half yearly and annual performance
- Provide management with meaningful analyses of results to enable decision making
- Prepare half yearly and annual competitor analyses

Financial Planning and Budgeting
- Provide analysis and input on financial planning and budgeting
- Prepare periodic forecast/outlooks, formal RAF as well as STP and capture into the system

Role / Person Specification

Education and Experience Required
- CA (SA) / CIMA
- 1 - 5 years post qualification banking experience

Knowledge & Skills:

- Strong financial reporting skills
- Problem solving and efficiency improving
- Client service drive
- Strong product knowledge
- Strong communication skills
- Analytical and detailed focussed

Competencies:

- Personal & Interpersonal Skills
- Business Skills
- Technical Knowledge
- Commercial Effectiveness
- Control Environment

Education

Bachelor's Degrees and Advanced Diplomas: Financial Sciences (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_


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