Financial Business Analyst

Nedbank; Gauteng; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A prominent financial institution in South Africa is seeking a Financial Business Analyst to perform financial analysis, collaborate closely with stakeholders, and enhance financial management strategies. Candidates should have over 5 years of experience in financial services and possess advanced skills in business intelligence tools. This role offers a full-time position within a team focused on continuous improvement and innovation.

Qualifications

• 5+ years experience in Financial Services Environment.
• Experience with business intelligence tools and enterprise systems.
• CIMA Certified or similar qualification preferred.

Responsibilities

• Conduct in-depth financial analysis to support decision-making.
• Collaborate with stakeholders to ensure accurate financial reporting.
• Mentor and coach team members to build capability.

Skills

Financial analysis

Data analysis

Business intelligence tools

Communication

Problem-solving

Education

Bachelor of Commerce : Financial Management

CIMA Certified

Matric / Grade 12 / National Senior Certificate

Tools

SAP Business Suite

Power BI

Microsoft Excel (advanced)

Job description

Financial Business Analyst - Nedbank

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Job Purpose

To perform financial analysis on business data in order to leverage and communicate effectively with stakeholders; so as to add value to the business financial management strategy.

Responsibilities

Collaborate closely with the Senior Financial Business Analyst to align data and financial analysis initiatives with strategic business goals, financial planning, and product delivery objectives.

Conduct in-depth financial analysis to identify trends, risks, and opportunities; provide meaningful insights and recommendations that support decision-making and value creation.

Elicit, analyse, and document business, data, and financial requirements by engaging stakeholders across functions and levels.

Identify and resolve data anomalies and inconsistencies early in the lifecycle to ensure accurate financial reporting and reduce rework.

Model data flows, business processes, and system interfaces to support solution design, data integrity, and continuous improvement.

Decompose initiatives, features, and user stories; define acceptance criteria, identify gaps, and ensure traceability across the delivery lifecycle.

Evaluate solutions for performance, financial impact, and alignment with business needs; recommend improvements to maximise value.

Collaborate with QA and development teams to define test cases, support UAT, and ensure solutions meet business and financial requirements.

Communicate findings, solutions, and recommendations through reports, presentations, and stakeholder engagements.

Build and maintain strong relationships with stakeholders, fostering collaboration, trust, and shared understanding of business and data needs.

Ensure compliance with governance, risk, and data quality standards; proactively identify and mitigate risks, especially those affecting financial outcomes.

Support agile and lean delivery practices, applying best practice methods, tools, and frameworks to drive efficient, value-focused outcomes.

Contribute to innovation by identifying analytical opportunities, improving processes, and enhancing systems that support financial and operational performance.

Mentor and coach team members; share knowledge, industry trends, and best practices to build capability and support continuous learning.

Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).

Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).

Continuously align work with the broader business strategy, ensuring that all outputs contribute to the achievement of organisational goals.

Additional Role-Specific Responsibilities

Review the reasonableness of cluster submissions.

Implement analytics to assist with budget reviews, gap identification, and trend analysis.

Ensure BI and SAP systems are balanced and reconciled.

Continuously automate and improve financial processes to reduce repetitive tasks performed by financial officers.

Determine and advise on optimal product mix for efficient and accurate BI reporting.

Qualifications and Experience

Matric / Grade 12 / National Senior Certificate

Advanced Diplomas / National 1st Degrees

Bachelor of Commerce : Financial Management (preferred)

CIMA Certified or similar (preferred)

Qualification or certification that includes practical application in at least one of : Business intelligence tools and enterprise systems such as SAP Business Suite, Power BI, Microsoft Excel (advanced), Power Apps, and Microsoft VBA

5+ years experience in Financial Services Environment

Technical / Professional Knowledge

Business Acumen

Business principles

Communication Strategies

Data analysis

Governance, Risk and Controls

Nedbank policies and procedures

Principles of financial management

Research methodology

Business writing skills

Microsoft Office Product

Regulatory knowledge

IT / Banking knowledge

Communication

Decision Making

Work Standards

Seniority level

Associate

Employment type

Full-time

Job function

Accounting / Auditing, Finance, and Information Technology

Industries

Financial Services, Banking, and Business Consulting and Services