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Impairments Finance Analyst page is loaded

Apply remote type Hybrid locations Sandton time type Full time posted on Posted Yesterday time left to apply End Date: August 6, 2025 (3 days left to apply) job requisition id R-15978079

With over 100 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

Lead Credit Finance activities with a strong focus on IFRS 9 Financial Instruments. Manage the full Finance Impairments process, including journal preparation, reconciliations, reporting, and analysis. Deliver accurate and timely financial insights to support strategic decision-making and business performance. Drive automation and continuous improvement, ensuring alignment with financial controls and growth objectives. Enable agile finance operations that support RB Credit’s transformation and future ambitions. Collaborate on building scalable finance capabilities and provide audit support to uphold financial integrity.

Job Description

Accountability: Commercial Finance Execution

• Serve as a subject matter expert on financial data integrity, accounting processes, reconciliations’, analysis and reporting for end-to-end Financial Management in business area.
• Develop and sustain knowledge and experience on the end-to-end processes, including relevant systems within scope of work.
• First line of operational support to internal and external auditors within scope of work; and all queries addressed effectively and efficiently.
• Responsible for continuous operational excellence and real-time responsiveness of finance to enable business to achieve growth and profitability objectives.
• Prepare for all cycles in advance and ensure adequate engagement with the relevant finance and business teams.
• Focus on information-driven performance improvement and formulate data into easy access standardised views.
• Ensure that the CFO is appraised of key financial issues that need to be raised with executive leadership to enable integrity and timely management of the BU.
• Create unprecedented, seamless customer experiences via finance BU enablement.
• Embrace Absa's distinctive brand aspiration and infuse in business.
• Continuously enhance operational practices by introducing innovative approaches and leveraging digital technologies to improve efficiency and effectiveness
• Have a holistic eco-system view of business, that is, geography, customer, channel and product in developing information views of business.
• Book of work contribution: Build innovative finance business case financial information, insights and benefits tracking solutions to continuously inform management decisions.
• Transform and evolve Finance planning, tracking and control processes.
• Contribute to BCM & Cybersecurity processes relevant to the BU and finance execution

Accountability: Financial Reporting

• Build trust in the finance function through the creation of a single source of financial information which is corroborated by related management information sources and alignment to the agreed accounting principles, methodologies, and underlying data are correctly applied.
• Generate innovative easy to comprehend progress reports for leaders on their strategic agenda, short-term and long-term plans and investments, operational success metrics, efficiencies, risks and mitigations.
• Interact with the stakeholders to agree minimum quality standards, as well as an agreed method of communicating and resolving any identified quality deficiencies in the reporting process.
• Own the process of delivery of high-quality information for regular and ad-hoc enhanced reporting to agreed requirements, timelines, and standards.
• Act in line with the correct governance and control frameworks across the Finance team, as well as for proactively addressing any deficiencies and exceptions.
• Develop and implement control procedures as deficiencies or exceptions are identified which support the production of error-free reports. Assess and drive improvement of business accounting practices and policies.
• Take a commercial view on business and provide contextual insights into performance reports.
• Integrate advanced modelling and analysis capability to provide actionable intelligence, beyond data within the function.
• Generate finance narratives and insights driving business; and build pioneering new propositions.
• Ensure appropriate, quality and timeous delivery of accurate financial and non-financial management information to support business objectives and expectations, including appropriate financial and non-financial metrics, valid and insightful comments and packaging the information in a relevant and appropriate manner.
• Deliver reporting reflecting deep commercial, holistic understanding, coherency, clarity, and contextualisation. Tell the story with passion and conviction.
• Provide thought-leadership, insight, influence and challenge on evolving stakeholder information requirements and reporting processes to deliver analytics.
• Align to processes around month-end, year-end and planning cycles based on the requirements from Group. Prepare for all cycles in advance and ensure adequate engagement with the relevant finance and BU teams.
• Manage the production of regular, high quality, standardised financial and non-financial reporting and analytics to Business and Finance; and focus on effective collaborative stakeholder hand-offs in the production.

Accountability: People Investment

• Peer responsibility: Coach, inspire, engage, mentor and develop finance and business savvy leaders.
• Network with finance colleagues across Group Finance and create awareness of challenges, opportunities and issues and encourage collaboration.
• Focus on Finance skills evolution and remaining relevant.
• Ensure deep personal understanding of income statement, balance sheet, margin returns, variance analysis, capital and liquidity requirements, revenues, assets, liabilities and capital, expenses, headcount analytics and other key ratios through relevant business engagement.

Education and Experience Required

• Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+), CA (SA) or CIMA or MBA qualification preferred.
• 3+ years professional financial management experience
• 2+ years Banking Experience at a management level

Knowledge & skills

• Experience in executing finance processes
• Experience in commercial innovation environments
• Broad Finance including strategic, commercial, legal, risk and operational aspects
• Understanding of the financial services sector within a professional business environment
• Strong problem-solving skills
• Strong data analytical skills
• Strong technical accounting skills

Education

Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, 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.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised