Finance Manager in Transactional Banking

Network Finance; Randburg; On-site; ZAR 900,000 - 1,800,000; Full time

Job summary

Network Finance is seeking a senior finance leader to manage the finance function for transactional banking activities, delivering accurate reporting and strong financial controls. The role oversees budgeting, forecasting and performance analysis while driving governance and compliance across the organization.

You will partner with product, technology, operations, risk, compliance and legal teams to support business initiatives and lead a team toward continuous improvement.

Qualifications

• Bachelor-level degree in accounting, finance, commerce or related field.
• CA(SA), CIMA or ACCA qualification is advantageous.

Responsibilities

• Lead the finance function for transactional banking activities with accurate reporting and control.
• Oversee financial performance reporting including revenue, costs, margins, profitability, pricing analysis and trends.
• Prepare and review monthly management accounts, forecasts, budgets and variance analyses.
• Oversee reconciliations, settlements, refunds, write-offs and related transactional accounting processes.
• Ensure robust governance, internal controls, audit readiness and regulatory compliance.

Skills

Strategic thinking

Stakeholder management

Budgeting & forecasting

Financial modelling

Leadership & mentoring

Analytical problem solving

Communication

Education

Bachelor's Degree in Accounting/Finance/Commerce

CA(SA)/CIMA/ACCA advantageous

Job description

Key Responsibilities

• Lead the finance function for transactional banking activities, ensuring accurate reporting and effective financial control.
• Manage financial performance reporting, including revenue, costs, margins, profitability, pricing analysis, and trend reporting.
• Prepare and review monthly management accounts, forecasts, budgets, and variance analyses.
• Oversee reconciliations, settlements, refunds, write-offs, suspense accounts, and related transactional accounting processes.
• Ensure robust financial governance, internal controls, audit readiness, and compliance with relevant policies and regulations.
• Partner with product, technology, operations, risk, compliance, legal, and commercial teams to support business initiatives.
• Support new product launches, system implementations, and process enhancements by assessing financial and control impacts.
• Develop and maintain financial models, forecasts, business cases, and scenario analyses.
• Identify financial and operational risks and drive corrective actions where required.
• Enhance management reporting, dashboards, performance metrics, and decision-support analytics.
• Lead, mentor, and support finance team members, fostering accountability and continuous improvement.

Job Experience and Skills Required

• Bachelor's Degree in Accounting, Finance, Commerce, Business Science, or related field.
• CA(SA), CIMA, ACCA, or equivalent professional qualification will be advantageous.
• 5-8 years' experience in finance, financial management, management accounting, or financial reporting within financial services.
• Strong understanding of transactional banking, payments, settlements, reconciliations, and financial control environments.
• Proven experience in budgeting, forecasting, financial modelling, profitability analysis, and management reporting.
• Strong knowledge of accounting standards, governance, risk management, and audit processes.
• Advanced analytical and problem-solving abilities.
• Excellent stakeholder management and communication skills.

Competency Requirements

• Business Acumen
• Commercial Thinking
• Strategic Insight
• Collaboration
• Stakeholder Management
• Drive for Results
• Problem Solving and Analysis
• Planning and Organising
• Risk and Governance Orientation
• Continuous Improvement Mindset
• Impact and Influence
• Accountability