Finance Business Partner

Absa Group; Sandton; On-site; ZAR 60 000 - 100 000; Full time

Job summary

Join a forward-thinking financial institution that empowers Africa's tomorrow. As a Finance Commercial Business Partner, you will provide critical financial insights and strategic support to enhance business performance. This dynamic role involves collaborating with senior management, preparing financial forecasts, and analyzing performance trends. You will play a vital role in decision-making processes, ensuring alignment of financial goals with organizational objectives. If you possess strong analytical skills and a passion for driving business success, this is an exciting opportunity to make a significant impact.

Qualifications

• Strong analytical skills and commercial acumen are essential.
• Experience in financial analysis and reporting is required.

Responsibilities

• Collaborate with management to develop financial strategies.
• Prepare financial forecasts and analyze performance metrics.
• Evaluate business cases and provide decision support.

Skills

Analytical Skills

Financial Analysis

Commercial Acumen

Stakeholder Management

Education

Bachelor's Degree in Financial Sciences

Advanced Diploma in Financial Sciences

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and a strong position 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

The role involves preparing financial information for all stakeholders to support informed decision-making and business support. A Finance Commercial Business Partner provides financial insights, analysis, and strategic support to drive business performance. The primary responsibility is to serve as a strategic advisor to operational and commercial teams, ensuring alignment of financial goals with organizational objectives. Key responsibilities include:

Job Description

1. Strategic Business Partnering

• Collaborate with senior management and department heads to develop financial strategies and support decision-making.
• Provide commercial insights and recommendations to optimize revenue, control costs, and enhance profitability.
• Act as a bridge between finance and operational teams, ensuring alignment of financial goals with business objectives.

2. Financial Analysis and Reporting

• Lead the preparation and delivery of financial forecasts, budgets, and strategic plans.
• Analyze financial and operational performance, identifying trends, risks, and opportunities.
• Prepare monthly and quarterly financial reports with commentary on variances and performance metrics.
• Analyze MI and customer insights monthly to inform business decisions.
• Assess key KVDs and provide insights to improve business performance.
• Prepare monthly commercial packs, analyze variances, and offer insights.

3. Decision Support

• Evaluate business cases, capital investment projects, and pricing strategies.
• Perform cost-benefit analyses and recommend actions to improve financial performance and cost efficiencies.
• Provide scenario modeling and sensitivity analyses for key decisions.
• Review commercial impairments, understand key drivers, and analyze movements monthly.
• Review RWA movements and large client movements, providing insights.

4. Commercial Strategy

• Support development and execution of commercial strategies, including product launches, market expansion, and sales initiatives.
• Collaborate with MI teams to build customer profitability insights for pricing decisions.

5. Risk Management and Compliance

• Identify and mitigate financial risks.
• Ensure compliance with regulations, controls, and policies.

6. Stakeholder Communication

• Present financial insights to regional and executive teams.
• Build and maintain strong relationships with internal and external stakeholders.

This role requires strong analytical skills, commercial acumen, and stakeholder influence across organizational levels.

Education

Bachelor's Degrees and Advanced Diplomas in Financial Sciences are required.

Absa Bank Limited is an equal opportunity employer. In line with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups to promote demographic diversity.

Absa Bank Limited reserves the right not to fill the position as advertised.