(1161) Finance Business Partner - CSD

South African Reserve Bank; Pretoria; On-site; ZAR 400,000 - 550,000; Full time

Job summary

A leading national bank in Pretoria seeks a Finance Analyst to prepare financial reports and support budgeting. Candidates must hold a Bachelor of Commerce degree in Accounting and have 3-5 years of experience in finance business partnering. The role emphasizes stakeholder engagement and adherence to financial standards, along with a drive for improvement.

Qualifications

• Minimum of three to five years’ experience in a finance business partnering role.
• Knowledge of International Financial Reporting Standards (IFRS).

Responsibilities

• Prepare monthly, quarterly and yearly financial reports.
• Coordinate and report on operational and capital budgets.
• Maintain the management information system for accurate reporting.

Skills

Financial strategy

Analytical skills

Quality assurance

Communication skills

Stakeholder focus

Education

Bachelor of Commerce degree in Accounting

Tools

Financial reporting software

Management information system

Job description

• financial planning;
• financial accounting;
• financial reconciliation;

Job Description

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

• Plan work according to defined priorities.
• Plan and facilitate the delivery of section-specific outputs, ensuring quality and the optimal use of section resources.
• Perform the accounting function in accordance with SARB policies, relevant accounting standards, cost accounting principles and legislation.
• Prepare monthly, quarterly and yearly financial reports on capital and operational expenditures for submission to the Governors' Executive Committee and other governance structures.
• Coordinate, review, consolidate and report on the SARB's operational and capital budgets to support effective financial management by the organisation.
• Maintain the management information system to enable consistent and accurate reporting of relevant information to senior management.
• Participate in internal and external stakeholder engagements, demonstrating the ability to solicit information and deliver a coherent and convincing message.
• Assist the SARB departments in correctly applying International Financial Reporting Standards (IFRS), other financial accounting standards and best practices by providing ongoing guidance.
• Assist the SARB departments in financially quantifying business cases and evaluating investment options.
• Propose and implement refinements and continual improvements to systems, tools, controls, methods and processes in own area.
• Stay current with developments in own functional area.

Qualifications

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

• a minimum of a Bachelor of Commerce degree in Accounting; and
• at least three to five years' experience in a finance business partnering role.

The following would be an added advantage:

• a Chartered Accountant (South Africa) (CA (SA)) qualification.

Additional requirements include:

• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance;
• continuous improvement;
• continuous learning and/or professional development;
• financial strategy;
• financial planning;
• finance-related legislation, governance, risk and compliance;
• financial accounting;
• financial reconciliation;
• function-specific performance management;
• function-specific information systems;
• business continuity planning;
• analytical and problem-solving skills;
• planning and organisational skills;
• service and stakeholder focus;
• a drive for results;
• the ability to develop and grow others;
• the ability to promote teamwork;
• effective communication skills;
• judgement and decision-making skills;
• conceptual thinking; and
• flexibility.

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.