Financial Operations Manager
2 weeks ago
We are seeking a highly skilled Financial Manager to join our team at Nedbank. The successful candidate will be responsible for overseeing the financial operations of the advice business, ensuring accuracy and efficiency in financial processing, and contributing to the overall growth in revenue and profitability.
Key Responsibilities- Work closely with Operations teams to deliver effective SLA's and ensure seamless communication with internal and external providers.
- Review and accurately process referral fees payable to partnership and business writers in line with agreements.
- Implement efficiencies to measure, monitor, and track all costs and charges (direct and indirect) to the business unit from within Group.
- Minimise financial and reputational risk by ensuring accuracy of processing activities.
- Contribute to the planning and budgeting process by providing input to operational forecasts.
- Minimise operational costs by managing costs effectively and suggesting proactive measures to enhance business operations.
- Identify and refer marketing opportunities to relevant clusters to increase Nedbank's market share and revenue.
- Optimise revenue collection processes to reduce revenue leakage and clawbacks.
- Accurately cost projects, measure and monitor benefits, and provide dashboards, reports, and feedback on the financial health of the business unit.
- Build and maintain relationships with stakeholders through regular interactions and provide feedback by meeting with internal and external stakeholders.
- Highlight risk by reporting exceptions and ensure compliance and maintain clean audits by managing implementation and adherence to all processes and procedures.
- Create a culture of continuous improvement by identifying opportunities and implementing enhancements to processes, procedures, and systems.
- Contribute to the overall leadership of the business by participating in Manco and Divco meetings.
- Professional Qualifications/Honour's Degree
- Chartered Accountant
- 2-3 years' experience in an accounting role in a related financial services industry from an advice perspective
- 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
- Applied Learning
- Communication
- Decision Making
- Work Standards
- Managing Work
- Technical/Professional Knowledge and Skills
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