Finance Executive: Moonshots, Third Parties

Nedbank; Gauteng; On-site; ZAR 1 000 000 - 1 500 000; Full time

Job summary

A prominent financial institution in Gauteng seeks a Finance Executive to lead financial strategy for innovative banking initiatives. The role includes overseeing budgeting, financial reporting, and commercial structuring while ensuring compliance with IFRS and regulatory standards. Ideal candidates will have over 8 years of experience in the financial services sector and a deep understanding of financial operations and strategic planning.

Qualifications

• Minimum 8 years of experience in financial services, with at least 5 years in senior roles.
• Proven ability to lead full finance functions aligned with IFRS and regulatory standards.
• Hands-on experience in commercial structuring and procurement.

Responsibilities

• Serve as finance lead for Moonshots and Third Party Sales, translating strategy into financial outcomes.
• Build robust financial business cases for new initiatives and conduct risk assessment.
• Deliver accurate management information and ensure compliance with financial standards.

Skills

Financial modelling

Scenario planning

Strategic budgeting

Regulatory compliance

Commercial structuring

Performance tracking

Banking operations understanding

Education

Professional Qualifications/Honour's Degree

Chartered Accountant (CA(SA))

Job description

Overview

Requisition Details & Talent Acquisition Contact

Talent Acquisition Specialist: Tshego Semenya

Location: 135 Rivonia Road, Sandown

Closing date: 28 October 2025

Cluster: Personal and Private Banking

Career Stream: Accounting

Leadership Pipeline: Manage Function

Position: Finance Executive: Moonshots, Third Parties & Consolidations

Why is this role unique

Companies that create sustainable long-term shareholder value continually build new and material sources of revenue. The new sources can include diversification of client segment, product, geography, channel or industry. They typically leverage technology and design, and can be organic or inorganic. They also enter into mutually beneficial relationships with non-traditional players or disruptors, expanding existing and tapping into new sources of revenue. This role sits at the heart of a bold transformation within Nedbank's Personal Banking segment. As Finance Executive, you\'ll be instrumental in shaping the financial architecture that supports these pioneering efforts, ensuring commercial viability, regulatory compliance, and strategic alignment. Your role will include ensuring sustainability of the Moonshot, Third Party Sales and Personal Banking Segment financial function.

Moonshots is a disruptor by design—focused on launching breakthrough products and services that challenge conventional banking models and accelerate digital transformation. Third Party Sales is about creating new revenue streams through strategic partnerships in non-traditional-banking industries. This role offers the opportunity to operate within a fast-paced environment, ensure sound financial management of the Moonshots Portfolio, Third Party Sales and Personal Banking Segment across business case development, budgeting and accounting practices, financial reporting, variance analysis, procurement support, and portfolio insights.

Responsibilities

• Strategic Finance Leadership: Serve as the finance lead for Moonshots and Third Party Sales, translating business strategy into financial outcomes. Partner with executives to shape financial direction, influence decision-making, and ensure alignment with cluster objectives. Act as a sounding board and advisor to entrepreneurial leaders, helping them navigate financial complexities.
• Business Case Development & Evaluation: Build robust financial business cases for new initiatives, including revenue, cost, funding, and impairment assumptions. Conduct sensitivity analysis and scenario planning to assess risk and opportunity. Collaborate across functions to track actual performance against business case assumptions and provide actionable insights. Size and integrate investments required for execution, People-Systems-Processes.
• Budgeting & Forecasting: Provide guidance to business by compiling three-year plans aligned to strategy; evaluate and recommend changes to the three-year plans. Develop and maintain 3–5 year financial plans for Moonshots, Third Party and Segments portfolios. Ensure budgets reflect strategic priorities, economic indicators, and operational realities. Include budget requirements for major cost items (e.g., IT, staff, transfer pricing) and ensure compliance with IFRS and internal standards. Provide guidance on budgeting for new initiatives and partnerships.
• Financial Reporting & Controls: Deliver accurate, timely, and insightful management information and reports. Perform variance analysis and provide recommendations to improve performance. Ensure compliance with IFRS, tax, regulatory, and governance standards. Analyse variances between actuals and budgeted amounts, and present clear and insightful summaries to management on the variances. Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial information.
• Procurement & Commercial Structuring: Manage procurement processes and approve vendor invoices under contract. Support structuring of commercial agreements, including profit-sharing and tax considerations. Provide technical guidance on VAT, Companies Act, and other regulatory considerations. Ensure financial sustainability of Moonshots, Partnerships and Segment through detailed modelling and scenario testing.
• Portfolio Insights & Performance Management: Analyse Return on Equity trajectories and provide insights / management advice on areas where the returns could be improved. Provide financial insights to support strategic pivots and investment decisions. Evaluate profitability of Moonshots, Partnerships and Segment including modelling potential enhancements. Track performance of initiatives from launch to market maturity.
• Team Leadership & Capability Building: Build and lead a high-performing finance team, including Heads of Finance and Senior Finance Managers. Drive a culture of innovation, accountability, and continuous improvement. Empower team members through coaching, mentoring, and strategic delegation. Establish a differentiated culture aligned with Nedbank's transformation and EE plans. Ensure succession planning and talent development within the finance function.

Qualifications & Experience

• Essential Qualifications - NQF Level: Professional Qualifications/Honour\'s Degree
• Preferred Qualification: Chartered Accountant (CA(SA))
• Essential Certifications: Registered at South African Institute of Chartered Accountants
• Minimum Experience Level: Minimum 8 years of experience within the financial services sector, including at least 5 years post-articles in progressively senior roles. Demonstrated ability to lead and manage the full finance function for a business unit, including budgeting and performance tracking aligned to IFRS, tax, and regulatory standards. Experience in financial modelling, business case development, scenario planning, and evaluating product economics across diverse banking offerings. Hands-on experience in commercial structuring and procurement, including vendor contracts, profit-sharing arrangements, and complex ecosystems. Exposure to banking products and client ecosystems. Ability to operate independently, influence senior stakeholders, and provide strategic financial insights in fast-paced, innovation-led environments. Experience in startup, fintech, or boutique consulting environments with banking client exposure. Proven ability to engage with senior executives and contribute to product innovation, digital transformation, or ecosystem partnerships.

Technical / Professional Knowledge

• Financial modelling and scenario planning
• Strategic budgeting and forecasting
• IFRS, tax, and regulatory compliance
• Commercial structuring and procurement
• Business case development and performance tracking
• Understanding of banking operations and product economics
• Ability to navigate complex financial structures and regulatory environments

Disclaimer

Preference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team