Financial Decision Support

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 provide support in the production of the consolidated view of ARO RBB to support the finance management. Support in coordination of full planning process and ARO RRB story and plans. Information gathering for market analytics and insights around market share, competitor analysis, specific financial impacts that pertain to market changes. Tracking of initiatives to plan.
The Finance Analyst performs financial reconciliations’, analysis and reporting in an accurate, complete and timely way; and continuously seeks to improve operations by scaling automated financial processes to doing deep dive and trend analyses to crafting financial solutions aligned to all appropriate controls, business financial health and growth objectives. The Finance Analyst equips finance and business leadership with sound financial information to support decision making at all levels.
The Finance Analyst of the business enables achieving the operational objectives of the business by building an agile finance enablement to transform, to bring stewardship, financial integrity & insights to the current state of the business & its future possibilities to deliver on the new operating model and to achieve the business objectives set by Absa Africa United for RBB.
The Finance Analyst co-creates Finance capabilities required to lead to exponential growth and business effectiveness

Job Description

Commercial Finance Execution Accountabilities
- Develop and sustain knowledge and experience on the end to end processes, including relevant systems within scope of work.
- Know BU financial ambitions and balance sheet aspirations of RBB in performance reporting.
- Ensure that the CFO is appraised of key financial issues that need to be raised with executive leadership to enable integrity and timely management the BU.
- Transform and evolve Finance planning, tracking and control processes.
- Contribute to the effectiveness of the core finance processes for RBB Finance (annual planning, forecasting, spend trajectory and reporting).
- Understand and integrate Treasury, Risk, and Finance data from a BU perspective, where appropriate.
- Responsible for continuous operational excellence and real-time responsiveness of finance to enable business to achieve growth and profitability objectives.
- Focus on information-driven performance improvement and formulate data into easy access standardised views.
- Prepare for all cycles in advance and ensure adequate engagement with the relevant finance and business teams.
- Create unprecedented, seamless customer experiences via finance BU enablement.
- Embrace our distinctive brand aspiration and infuse in business.
- Identify and innovate operating practices to optimize the function. Embrace digital solutions.
- Drive continuous process efficiency, financial rigor and controls.
- Adopt what’s ‘best for absa’ approach in finance practices.
- Have a holistic eco-system view of business, that is, geography, customer, channel and product in developing information views of business.
- Book of work contribution: Build innovative finance business case financial information, insights and benefits tracking’s’ solutions to continuously inform management decisions.
- Influence the build of a leading global payments hub, where applicable.
- Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity.
- Be an active force for good in society through business execution.
- Contribute to BCM & cybersecurity processes relevant to the BU and finance execution.

Financial Reporting Accountabilities
- Prepare and coordinate the preparation of management reports, monthly scorecards, sales reports, special data analysis, and ad-hoc information reports to enable decision making
- Submit financial reports to the Chief Financial Officer (CFO), Business unit head, Cluster Finance and the Group Finance Team on or before the agreed deadline
- Ensure appropriate, quality and timeous delivery of accurate financial and non-financial management information to support business objectives and expectations, including appropriate financial and non-financial metrics, valid and insightful comments and packaging the information in a relevant and appropriate manner.
- Analyse financial results on a monthly basis and summarise them so as to enable the Business unit Management Team take timely and appropriate actions. Highlight variances from the business plan and provide explanatory notes for those variances
- Coordinate the preparation of budgets and variance reports by business units and ensure that Business managers are engaged wi