Financial Business Analyst

Nedbank; Johannesburg; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Nedbank in Johannesburg seeks a Financial Business Analyst to perform financial analysis on business data, leverage insights, and communicate effectively with stakeholders to add value to the bank’s financial management strategy.

Responsibilities include commercial and financial analyses, budgeting and forecasting, building dashboards and models in Power BI, ensuring data integrity across ERP and sub-ledgers, supporting month‑end, and delivering executive reporting to senior leaders.

Qualifications

• Professional Qualifications/Honour’s Degree required.
• Advanced Diplomas/National 1st Degrees accepted.
• CA/CIMA with articles preferred.

Responsibilities

• Examine and monitor cloud consumption; analyse consumption based on budget and forecast; track variances.
• Support annual budgeting, rolling forecasts, scenario planning, and business case development.
• Investigate root causes of financial and operational variances; partner with business to implement corrective actions.
• Build management packs, dashboards, and financial models; translate data into actionable insights for leaders.
• Manage ERP tools, sub-ledgers and reporting software such as Power BI; ensure data integrity.
• Identify business problems by analysing data from various sources; build research and communicate to stakeholders.
• Support month-end reporting, rolling forecasts, annual budgeting, and long-term financial planning.
• Develop financial models and strategic analyses to support investment decisions.

Skills

Business Acumen

Communication

Decision Making

Innovation

Work Standards

Regulatory knowledge

Education

Professional Qualifications/Honour’s Degree

Advanced Diplomas/National 1st Degrees

Tools

Power BI

ERP tools

Microsoft Office

Job description

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 businesss financial management strategy.

Job Classification

Financial Business Analyst - 148030

Closing date - 13 October 2026

Job Family

Finance

Career Stream

Accounting

Leadership Pipeline

Manage Self: Professional

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 businesss financial management strategy.

Job Responsibilities

• Commercial & Financial Analysis: Examine and monitor cloud consumption, analyse consumption based on budget and forecast, variance tracking etc
• Budgeting, Forecasting & Planning: Support annual budgeting, rolling forecasts, scenario planning, and business case development.
• Business Performance Support: Investigate the root causes of financial and operational variances rather than just reporting numbers. Partner with business to execute corrective actions.
• Executive & Stakeholder Reporting: Build management packs, dashboards, and financial models. Translate complex financial data into clear, actionable insights for non-financial leaders.
• Systems & Data Integrity: Manage and enhance enterprise resource planning (ERP) tools, sub-ledgers, and reporting software such as Power BI.
• Identify business problems by analysing data and reports from various sources.
• Build research capabilities by collating data from different sources and communicate to all stakeholders.
• Support the delivery of critical finance processes, including month-end reporting, rolling forecasts, annual budgeting, and long-term financial planning.
• Analyse, monitor, and provide insights on cloud consumption, costs, and operational efficiencies to support effective financial management and optimisation initiatives.
• Develop financial models, business cases, and strategic analyses to support investment decisions and enable informed decision-making at GT Exco forums.
• Communicate solutions and ideas to stakeholders through meetings; presentations and generating reports.
• Build and maintain professional relationships with all stakeholders at all levels of the organisations.
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Provide meaningful recommendations; explanations and highlights of concerns or anomalies by analysing and interrogating financial information.

Job Responsibilities Continue

• Contribute to intellectual capital development by providing continuous motivation; mentoring; coaching and on the job skills training.
• Manage defined risks in the finance function and risk categories at targeted levels by adhering to internal and external guidelines/policies/ procedures/business rules/ compliance and governance requirements.
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

CA/CIMA with articles

Minimum Experience Level

8 - 10 years experience

SAICA articles and BI skills.

A certificate in FinOps could be advantageous

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

Behavioural Competencies

• Applied Learning
• Communication
• Decision Making
• Innovation
• Work Standards
• Technical/Professional Knowledge and Skills