(1160) Senior Finance Business Partner - FSD

South African Reserve Bank; Pretoria; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A national banking institution in Pretoria seeks a Financial Expert to engage stakeholders and deliver critical financial insights. The ideal candidate must hold a Chartered Accountant qualification and have substantial experience in finance partnering. This role offers an opportunity to contribute to strategic financial decisions and enhance reporting standards within the organization.

Qualifications

• Minimum of 8 to 10 years' experience, with at least 5 years in a finance business partnering role.
• Knowledge of finance legislation and governance.
• Skill in risk and compliance management.

Responsibilities

• Lead and engage stakeholders effectively.
• Prepare financial reports for submission to governance structures.
• Drive adoption of new financial accounting systems.

Skills

Financial accounting

Financial reconciliation

Financial analysis and reporting

Financial forecasting and budgeting

Conceptual thinking skills

Effective communication skills

Teamwork

Judgement and decision-making skills

Education

Chartered Accountant (CA (SA))

Job description

• financial accounting;
• financial reconciliation;

Job Description

The successful candidate will be responsible for the following key performance areas:

• Lead and participate in stakeholder engagements (internal and external), demonstrating the ability to solicit information and deliver a coherent and convincing message.
• Represent the Financial Services Department by maintaining strategic relationships with key stakeholders and SARB departments.
• Provide financial expertise to SARB departments to ensure accurate accounting and budgeting for departmental operational and capital projects.
• Contribute to subcommittees by offering financial expertise and analysis during commercial deliberations, with the aim of facilitating informed decision-making.
• Provide financial expertise and knowledge to SARB departments to ensure that new International Financial Reporting Standards (IFRS) are correctly applied to departmental financial transactions.
• Prepare monthly, quarterly and yearly financial reports on capital and operational expenditures for submission to the Governors' Executive Committee and other governance structures.
• Provide the SARB departments with financial expertise, knowledge and insights to support business cases, investment initiatives and operational transactions to facilitate financially sound decisions.
• Drive the adoption of new financial accounting systems and processes by providing ongoing guidance to the various SARB departments.
• Lead subordinates by setting achievable objectives and targets, prioritising work, and managing resource utilisation and the quality of deliverables.
• Stay current with new developments in financial accounting standards and other relevant industry changes.
• Propose and implement refinements and continual improvements to systems, tools, controls, methods and processes in own area.

Qualifications

To be considered for this position, candidates must be in possession of:

• a minimum of a Chartered Accountant (South Africa) (CA (SA)) qualification; and
• a minimum of 8 to 10 years' experience, of which at least 5 years must be in a finance business partnering role.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continuous learning and/or professional development;
• finance strategy;
• finance planning;
• finance legislation and governance, risk and compliance;
• finance project management;
• financial forecasting and budgeting;
• financial accounting;
• cost accounting;
• management accounting;
• financial analysis and reporting;
• financial reconciliation;
• fixed and/or moveable asset management;
• function-specific performance management;
• function-specific information systems;
• business continuity planning;
• conceptual thinking skills;
• effective communication skills;
• flexibility;
• a drive for results;
• the ability to work in a team;
• service and stakeholder focus;
• building and maintaining relationships;
• judgement and decision-making skills;
• impact and influence;
• analysis and problem-solving skills;
• resilience; and
• managing complexity and ambiguity.

About Us

About SARB

Primary mandate of the SARB

Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:

The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.

The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour or prejudice.

WHAT WE DO

Monetary Policy

The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.

Financial Stability

The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.

Prudential Regulation

The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.

Financial Markets

Open market operations are the main tool we use to implement monetary policy. We manage South Africa's gold and foreign exchange reserves.

Financial Surveillance

The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.

Payments and Settlements

The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa's modern financial system.

Statistics

The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.

Research

Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making.

Banknotes and Coin

The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa.