Senior Specialist Finance : Management Accounting & Analysis

Absa Group; Gauteng; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading bank in South Africa is seeking to hire a Financial Decision Support Analyst. The successful candidate will provide insights for decision-making through detailed performance reporting and analysis. Applicants should have CA(SA) or CIMA qualifications, with a strong background in financial reporting and interpersonal skills. This is a key role within the CIB Finance team, offering opportunities for growth in a dynamic environment.

Qualifications

• CA(SA) / CIMA qualification required.
• 5+ years post-qualification investment banking experience is advantageous.

Responsibilities

• Responsible for monthly performance reporting and analysis.
• Lead month-end process and prepare management reports.
• Conduct variance analysis and ensure accuracy of information.

Skills

Strong financial reporting skills

Problem-solving

Efficiency improvement

Client service orientation

Excellent communication

Interpersonal skills

Flexibility

Adaptability

Big picture view of the business

Education

CA(SA)

Postgraduate Degrees in Financial Sciences

Job description

Empowering Africa's tomorrow, together…one story at a time.

With over years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

The Financial Decision Support function covers the reporting of financial and management information within Absa CIB. It involves the analysis and interpretation of this reporting and providing the business with meaningful insights to enable decision-making.

The key stakeholders to whom the team provides continuous decision support are: CIB CFO, CIB CEO, senior management within CIB, as well as the wider Absa Group.

Being at the center of the CIB Finance teams, it is imperative that the successful candidate displays excellent interpersonal skills.

Job Description

Key Accountabilities

1. Monthly Performance Reporting and Analysis: Consolidate and understand each month's estimate/flash, with input from Finance BP's, and share with Group Finance for consolidation into a wider Absa view.
2. Lead the month-end process, ensuring ledger closure in collaboration with Financial Control.
3. Prepare monthly performance packs comparing current performance to prior year and budget/RAF.
4. Conduct variance analysis of income statement and balance sheet across SA and ARO regions, highlighting concerns to senior management.
5. Ensure accuracy of management information provided to stakeholders.
6. Prepare and analyze slide submissions related to CIB's performance.
7. Present monthly performance and analysis to forums such as CIB Fincom and CIB ExCo.

Stakeholder Management

• Manage expectations and communicate effectively with stakeholders, prioritizing tasks appropriately.
• Prepare half-year and full-year result reports.
• Draft commentary and briefing notes for external and internal audiences, including the CFO and CEO.
• Ensure integrity and accuracy in all commentary.
• Provide ad-hoc analysis on business performance.

Financial Planning and Budgeting

• Contribute to financial planning and budgeting processes with analysis and input.

Education and Experience Required

• CA(SA) / CIMA qualification.
• 5+ years post-qualification investment banking experience is advantageous.

Knowledge & Skills

• Strong financial reporting skills.
• Problem-solving and efficiency improvement abilities.
• Client service orientation.
• Strong product knowledge.
• Excellent communication and interpersonal skills.
• Flexibility and adaptability.
• Ability to take a 'big picture' view of the business.

Competencies

• Personal & Interpersonal Skills.
• Business Skills.
• Technical Knowledge.
• Commercial Effectiveness.

Additional Information

Postgraduate Degrees and Professional Qualifications in Financial Sciences are required.

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of , preference will be given to suitable candidates from designated groups to promote workforce diversity. The bank reserves the right not to make an appointment to the advertised post.