Head of Finance: Rates

nedbank; Johannesburg; On-site; ZAR 60 000 - 100 000; Full time

Job summary

An established industry player is seeking a dynamic leader to manage financial activities and guide a high-performing team. This role involves ensuring compliance with regulations, optimizing financial performance, and fostering a client-centric culture. The ideal candidate will have extensive experience in financial management and team leadership, with a focus on strategic planning and risk management. Join a forward-thinking company where your contributions will directly influence business success and enhance the corporate image through active participation in culture-building initiatives.

Qualifications

• 7+ years of financial management experience in the financial services sector.
• 5+ years of experience managing teams effectively.

Responsibilities

• Manage daily financial activities ensuring accuracy and completeness.
• Build relationships with stakeholders and ensure compliance with regulations.

Skills

Financial Management

Team Leadership

Client Service Management

Risk and Compliance

Strategic Planning

Communication Skills

Education

Advanced Diplomas/National 1st Degrees

Chartered Institute of Management Accountants (CIMA)

Job description

To lead a team responsible for the management and analysis of all financial activities; make recommendations in line with Nedbank strategy to enable the business to make informed financial decisions.

Job Responsibilities

1. Manage daily activities to ensure accuracy and completeness of financials.
2. Conduct business-related activities prior to month-end to ensure the correctness of financial results.
3. Track ongoing financial performance by analysing month-end results and reporting to the business and the Group.
4. Enable financial performance against targets by identifying deviations and recommending corrective actions or providing justification.
5. Ensure business continuity by having processes and systems in place to support all activities.
6. Meet internal customer requirements to ensure adherence to service level agreements.
7. Build and maintain relationships with internal and external stakeholders through regular engagement.
8. Participate in internal and external forums and committees to share and acquire understanding of factors influencing the business and the Group.
9. Engage and coordinate with the business to translate business strategy into approved financial plans and targets in line with Group and regulatory requirements.
10. Ensure compliance by managing adherence to Group Risk and Compliance policies and regulatory requirements.
11. Mitigate financial risk by staying abreast of and aligning to changes in accounting standards, policies, and regulatory requirements.
12. Plan, coordinate, and manage the team to achieve deliverables.
13. Enhance productivity by identifying, implementing, and supporting process improvements.
14. Meet business objectives by making timely and informed decisions.
15. Optimize efficiency and embed correct values by ensuring direct reports understand and support Nedbank's vision, values, and strategy, and are measured on delivery against these.
16. Manage performance of reports and hold them accountable for managing the performance of their reports by implementing performance agreements, ensuring a clear vision, setting goals and objectives, providing regular feedback, recognizing achievement, and taking corrective actions where needed.
17. Identify relevant development needs by assessing own performance and behaviour through formal and informal feedback.
18. Drive the execution of own and team members' planned development by attending learning sessions, seeking coaching, or other industry/technical learning opportunities.
19. Maintain a high-performing team by identifying talent through career conversations, utilizing talent management principles, and developing retention programs (e.g., rotation).
20. Build depth of skills and knowledge in the management team by sharing insights, mentoring, coaching, and daily activities.
21. Improve productivity and reduce costs by streamlining work processes, offering innovative ideas, and involving managers and teams in improvement initiatives.
22. Ensure transformational targets are met through recruitment, retention, training, and utilizing approved suppliers.
23. Contribute to a culture aligned with transformation goals and support business strategies that enhance Nedbank's corporate image through active participation in culture-building initiatives.
24. Deliver world-class service by fostering a client-centric culture through appropriate interventions.
25. Identify resource inefficiencies and promote optimization through multi-skilling and capacity management by reviewing and improving work processes.

People Specification

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

Chartered Institute of Management Accountants (CIMA)

Essential Certifications

Preferred Certifications

Minimum Experience Level

7 years of financial management experience in the financial services sector and 5 years managing teams.

Technical / Professional Knowledge

• Business administration and management
• Client service management
• Governance, Risk, and Controls
• Principles of project management
• Relevant regulatory knowledge
• Strategic planning
• Talent management
• Building partnerships
• Communication skills
• Building talent
• Guiding team success
• Driving results

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Nedbank Ltd Reg No 1951/000009/06.
Authorised financial services and registered credit provider (NCRCP16).

For assistance, please contact the Nedbank Recruiting Team at [phone]