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A local financial institution is seeking a financial manager in Gauteng. The successful candidate will develop strategic financial plans, prepare comprehensive reports, and ensure compliance with financial regulations. Applicants must have a CA (SA) certification and over 5 years of financial management experience, including investment banking. This role demands expertise in Excel, financial modeling, and stakeholder engagement in a dynamic banking environment, contributing to the institution's growth objectives.
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.
Develop tactical strategy and delivery plans, formulate associated practice / s and ensure operational implementation and adoption i.t.o. finance & performance management methodology, governance and delivery objectives.
Prepare financial and performance reports, both management and adhoc, by coordinating the execution of the day to day and general accounting functions in order to enable decision making.
Present monthly reports by ensuring the completeness, accuracy and relevance of the information to be presented to enable Group Finance Management Team to make informed decisions.
Prepare, sign off and discuss the short term plan (STP), medium term plan (MTP) and rolling forecast (RAF) and budgets with the relevant stakeholders to enable consolidation into Finance forecast and budget.
Work with the team to consolidate the financial plans generated by MTP, STP and RAF and sense check the consolidations prior to recommending 2 approval by the Head of Group Finance
Provide advice and support to management on financial risks that might have an impact on profitability by discussing at regular intervals all financial related matters
Sign off on the quarterly supplementary schedules and attestation to Group Finance prepared by the relevant staff in the prescribed format.
Maintain appropriate internal controls in line with Absa group policy by reviewing regularly all variance reports and other reports where applicable.
Interact with the Internal and External Audit team and provide necessary information as and when required Ensure cost centre Managers comply with all regulations and policies when reflecting the financial position of the business
Communicate financial policies, procedures, standards and guidelines to the Senior Business Manager and Group Finance Management Team.
Support projects by developing the financial component of the business case that is created by the management team to actively track and change benefits and costs of the project.
Provide strong support to the operational team by having regular meetings with to share financial performance.
Prepare the key themes, presentations and reviews for the Senior Business Manager and assist with detailed content when required.
Ensure that presentations are packaged to reflect the business unit's brand and the Senior Business Manager's preferred style.
Screen requests for meetings or events to be attended by the Senior Business Manager and determine which ones would be appropriate for personal attendance and which ones should be delegated to other managers in the business unit.
Sign off proposals, quotes, invoices etc. based on the mandate delegated by the Senior Business Manager.
CA (SA) not negotiable
5+ years professional financial management experience (including articles if applicable)
2+ years Banking Experience and or Wealth and Investments Experience
Experience in executing finance processes.
Experience in building financial models and an advanced Excel user
Experience in financial planning and risk assessment
Understanding of the financial services sector within a professional business environment
Knowledge of building collaborative work environments
Postgraduate Degrees and Professional Qualifications : Financial Sciences (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 whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.