Finance Business Partner

3 days ago

Sandton, 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

To report monthly financial results to Front Office areas (Product Heads) as well as Group and finance teams.

Support business in understanding and interpreting their financial results by providing value add analysis to aid in decision making

Implement improved processes and ways of reporting to enhance value-add to business;
Plan for future years’ performance considering economic variables, the businesses strategy and risk variables.

**Job Description**:
Key Accountabilities

Accountability: Managing the Finance Environment
- Review and present monthly financials and variance commentary to Markets COO and where required support the Senior Finance Business Partner with presentation to EXCO Meetings.
- Engage with the Central Planning team to deliver monthly reports for Group reporting purposes
- Compile and present Financials to the relevant business owners (Product Heads) on a monthly basis including financial actuals against forecasted trends and prior year performance.
- Conduct research and develop financial forecasts and indicators for the business to enable effective financial decision making and early warning systems.
- Actively engage with Capital Management team to review and ensure RWA reporting for GM is correct

Accountability: Financial management and Business Partnering
- Monitor financial trends and identify gaps, based on gaps identified, advise business and finance on actions that can be taken
- Obtain a thorough understanding of the business unit’s strategy and explain it to team members in such a way that they understand the contribution they have to make and can relate that strategy to a forecast
- Provide financial advice and guidance to line managers and business owners on new initiatives, current budget management practices and trends in their areas of accountability.
- Explain targets and take accountability for the monitoring and achievement of front office performance down to a Headline Earnings Level including return metrics (RoRC, PARCC etc)
- Conduct basic statistical analysis to track performance variances and determine the root causes of errors. Make recommendations for productivity or process enhancements to process owners
- Populate balanced scorecards for the specific department on a monthly basis. Work with the team to address shortcomings during the next month. Escalate any major issues identified to the next level manager
- Participate in the measurement and reporting of internal and external Service Level Agreements on a monthly basis.
- Address any process failures specific to the department under management.

Accountability: Business Planning
- Develop sound annual Financial Plans together with your Front Office Desk Heads within the agreed timeframes
- Review the 3 year forecast for Medium Term Plans (MTP's) for the area of accountability in accordance with BU strategy annually.
- Review the Revised Annual Forecast (RAF) for the area of accountability in accordance with BU strategy annually
- Review the income statement and balance sheet against budget with accountable managers on a monthly basis and engage on areas of under-performance.

Accountability: Governance
- Ensure that processes, control requirements and risk management frameworks that have been designed for the area are understood by all members of the team and that these are adhered to on a monthly basis.
- Complete compliance training undertaken within prescribed timelines.
- Implement required governance forums to support improved financial management practices within own area of responsibility. (e.g. monthly finance reporting and monthly finance meetings.)

Role / Person Specification

Education and Experience Required
- NQF Level 7: Honours/Master’s Degree B.Com Accounts
- Minimum 3 years financial management experience

Competencies:

- Deciding and initiating action
- Learning and researching
- Entrepreneurial and commercial thinking
- Relating and networking
- Adapting and responding to change
- Persuading and influencing
- Creating and innovating

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_

  • Business Partner Finance

    7 months ago

    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 The...

  • Finance Business Partner

    3 months ago

    Sandton, South Africa Core Group Full time

    Core Group is a leading distributor of innovative technology products and solutions across South Africa and the SADC region. Committed to delivering exceptional service and quality, Core Group partners with globally recognised brands, including Apple, to provide cutting-edge products and comprehensive support services. With a focus on growth and excellence,...

  • Finance Business Partner

    7 months ago

    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...

  • Finance Business Partner

    3 months ago

    Sandton, South Africa JSE Limited Full time

    Working closely with business unit Heads, the Finance Business Partner will be the central Finance point of contact for all Finance related support. This role strives to deliver robust reporting, analysis and financial control of operating/capital costs and also provides essential Finance expertise in the appraisal of new projects and the measurement of cost...

  • Senior Finance Business Partner

    2 months ago

    Sandton, South Africa Blue Label Telecoms Full time

    **JOB PURPOSE** The Senior Finance Business Partner is responsible for supporting and managing the Finance Business Partners in conjunction with performance management, decision taking and commercial support, pricing support/product profitability analysis, product modelling/profitability, budgeting/forecasting, business case preparation and review,...

  • Business Partner Finance

    1 month ago

    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...

  • Snr Finance Business Partner

    6 months ago

    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 The...

  • Senior Finance Business Partner

    22 hours ago

    Sandton, 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...

  • Finance Business Partner

    6 months ago

    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 -...

  • Finance Business Partner- Commercial

    7 months ago

    Sandton, South Africa Orica Full time

    Orica is the world’s largest provider of commercial explosives and innovative blasting systems to the mining, quarrying, oil and gas and construction markets, a leading supplier of sodium cyanide for gold extraction, and a specialist provider of ground support services in mining and tunnelling. Our purpose is to make our customers successful, every day,...

  • Finance Business Partner

    7 months ago

    Sandton, 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...

  • Senior Finance Business Partner

    2 months ago

    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...

  • Senior Business Finance Partner

    6 months ago

    Sandton, South Africa Pfizer Full time

    POSITION RESPONSIBILITIES - Manage operating plan and forecasting cycles, coordinating between the different stakeholders and ensuring all deliverables are met on time. - Monthly analysis and commentary of net revenues, cost of sales, operating expenses, receivable, and other major balance sheet items. - Monthly presentations of financial performance /...

  • Finance Business Partner

    7 months ago

    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...

  • Snr Finance Business Partner

    6 months ago

    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...

  • IT Business Partner

    7 months ago

    Sandton, South Africa Bidvest Bank Full time

    **Primary Purpose** **The successful incumbent will **serve as the strategic interface with assigned business units or functional area for the purpose of the Bank technology strategy development, solution discovery, service management, risk management and relationship management. Provide highly valued strategic consulting level support and guidance through...

  • Finance Business Partner

    4 days ago

    Sandton, South Africa Core Group Full time

    **Job Summary**: Are you a financial rockstar who loves e-commerce? If so, we're looking for you to join our team as an FP&A Analyst! As our Financial Wizard, you'll help us achieve our goals by analyzing our financial data and using your magic powers to make intelligent business decisions. We need someone who can handle complex financial models while having...

  • Senior Finance Business Partner: Payment Acceptance

    7 months ago

    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 The...

  • Recruitment Business Partner

    2 weeks ago

    Sandton, South Africa PMG Recruitment Full time

    About the JobWe are looking for a Recruitment Business Partner to join our team at PMG Recruitment. As a key member of our recruitment team, you will play a critical role in identifying and attracting top talent, building relationships with managers and candidates, and ensuring that our clients' recruitment needs are met.Your primary responsibility will be...

  • HR Business Partner

    2 weeks ago

    Sandton, South Africa Exceed Human Resource Consultants Full time

    At Exceed Human Resource Consultants, we are seeking an HR Business Partner to join our team. As a strategic business partner, you will work closely with department managers to develop and implement HR initiatives that drive business results.Your responsibilities will include:Assisting with recruitment and staffing; Employee relations and performance...