Head of Finance: Business & Personal Banking

Bidvest Bank; Sandton; On-site; ZAR 1,200,000 - 1,600,000; Full time

Job summary

A leading financial institution in Sandton is seeking an experienced Head of Finance to shape financial strategy and drive performance. You will oversee financial planning, manage key operations, and collaborate with stakeholders to ensure business growth. The ideal candidate has over 10 years in banking finance, strong management experience, and advanced qualifications. This role is pivotal for both personal and business banking sectors.

Qualifications

• 10+ years in a financial position within Banking.
• 5+ years experience within Personal, Business Banking and Card.
• At least 5 years management experience.

Responsibilities

• Drive strategic financial performance and enable growth.
• Oversee financial operations and participate in key decisions.
• Deliver credible stakeholder relationships.

Skills

Financial acumen

Excellent communication skills

Management and leadership skills

Attention to detail

Ability to operate effectively under pressure

Education

ACMA / CA (SA) and ACMA / CA(SA) plus Masters qualification

Job description

Overview

Are you a visionary finance leader ready to shape the future of Business and Personal Banking?

We're looking for a dynamic Head of Finance to drive strategic financial performance, enable growth, and deliver value across our banking portfolios. This is a pivotal role for a purpose-driven leader who combines deep financial expertise with commercial acumen.

You will be accountable for partnering with the Business and Personal Banking division, responsible for finance strategy, business performance, financial planning and analysis. Includes the development of a financial and operational strategy as well as business cases on new initiatives. The role manages staff members with both nationally and regional reporting. The role is part of the senior management team. Setting the strategy together with the executive member for Business and Personal banking is key to this role.

Key Responsibilities

Finance

• Strategic Finance: Oversee the process for business case within customer solution for new initiatives.
• Strategic pricing: Oversee pricing models within customer solution to support strategic pricing decisions.
• Support new initiatives within customer solution.
• Support and manage strategic planning on all businesses within customer solution.

Business Performance

• Ensure all mandatory reporting for customer solution is done accurately and timeously.
• Participate in key decisions as a member of the executive management team within customer solution.
• Manage any third parties to which functions have been outsourced.
• Maintain in-depth relations with all members of the management team.

Financial Planning & Analysis

• Oversee financial planning for all business units in customer solution, working closely with all business units internal and external.
• Support any bank executive discussions on performance of the business unit.

Stakeholders

• Deliver credible and effective stakeholder relationships.
• Ensure the creation of partnerships with business owners.

Financial Operation

• Oversee financial operations and participate in key financial operational decisions of the bank.

Operational Excellence

Strategic Finance

• Oversee that all models are updated and maintained by team members.
• Oversee all pricing discussions and ensure that suffusion models are used by team members.

Business Performance

• Oversee all business performance information. Ensure information is relevant and can be used to drive performance within the business.
• Use information to drive performance within customer solution.

Financial Planning & Analysis

• Oversee financial planning and analysis process within customer solution.

Financial Operation

• Oversee that financial operation is done correctly to minimize risk to the business.
• Manage end-to-end finance for customer solution including direct and indirect reports on a daily basis.

Learning and Growth

Training of Subordinates

• Ensure multi-skilling within the team and exposure in all areas of the function based on skill set and capabilities.
• Arrange training and development exposure in line with identified development areas of employees and encourage ownership of professional development.
• Coaching and mentoring.

Requirements

Qualifications : ACMA / CA (SA) and ACMA / CA(SA) plus Masters qualification

Experience :

• 10+ years in a financial position within Banking.
• Experience partnering with business units – Divisional head.
• 5+ years experience within Personal, Business Banking and Card.
• At least 5 years management experience.
• Experience as a divisional head or divisional CFO.

Knowledge, Skills and Abilities Required

• Knowledge and understanding of the complexities involved in finance within payment systems.
• Expert knowledge of Accounting Principles, management internal policies and procedures.
• Ability to operate effectively under pressure.
• Financial acumen.
• Management and leadership skills.
• Attention to detail.
• Excellent communication skills.

WORK CONDITIONS : OFFICE BOUND

This position is advertised in line with our commitment to Employment Equity plans.