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Position

Senior Financial Manager

Details

Location: 

Cape Town, ZA

Date:  10-Jun-2021
Reference: 

Job Classification

Job Family

Finance

Career Stream

Accounting

Leadership Pipeline

Manage Others

FAIS Affected

Job Purpose

To direct; add value and enable business decisions through effective consolidated financial analysis; reporting and controls across a range of business functions or companies; in line with Nedbank business strategy.

Job Responsibilities

  • Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial information.
  • Ensure accurate and timeous budgets are submitted and reviewed by ensuring that they align with key economic indicators and group strategic initiatives.
  • Ensure accurate financial results by reviewing reconciliations and following up on unreconciled items.
  • Compile Financial statements by complying with IFRS and relevant regulatory frameworks.
  • Comply with relevant legislation by reviewing and submitting statutory returns timeously.
  • Consolidate financial reports and make value added recommendations by using information from various sources.
  • Understand and meet stakeholders requirements through ongoing engagement.
  • Assist in the achievement of group collaboration initiatives by identifying opportunities to create beneficial partnerships and synergies.
  • Ensure relevant, best practice analysis and reporting by providing ongoing guidance and coaching to the team.
  • Meet deadlines and targets through prioritising effectively, planning and communicating.
  • Maintain high standards of analysis and reporting within defined timeframes by planning, organising and monitoring workflow.
  • Contribute to intellectual capital development by providing continuous motivation, mentoring, coaching and on the job skills training.
  • Achieve business objectives within a specific timeframes by scheduling and coordinating activities and identifying appropriate resources to perform these activities.
  • 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.
  • Support the achievement of the  business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
  • Identify training courses and career progression for self through input and feedback from management.
  • Ensure all personal development plan activities are completed within specified timeframe.
  • Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
  • 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.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.Green Strategy).
  • Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

People Specification

Essential Qualifications - NQF Level

  • Professional Qualifications/Honour’s Degree

Preferred Qualification

Chartered Accountant

Essential Certifications

    Preferred Certifications

    Type of Exposure

    • Conducting root cause analysis
    • Developing ways to minimize risks
    • Managing conflict situations
    • Influencing stakeholders to obtain buy-in for concepts and ideas
    • Sharing information in different ways to increase internal stakeholders understanding
    • Brainstorming ways of improving a product or situation
    • Challenging the status quo with a view to improve people's understanding of issues
    • Managing team dynamics
    • Writing business proposals
    • Identifying trends

    Minimum Experience Level

    5 years in financial management preferably in the financial services industry and 2 years managing others.

    Technical / Professional Knowledge

    • Banking procedures
    • Business Acumen
    • Cluster specific operations
    • Data analysis
    • Governance, Risk and Controls
    • Industry trends
    • Relevant regulatory knowledge
    • Relevant software and systems knowledge
    • Remuneration policies and principles
    • Research methodology

    Behavioural Competencies

    • Building Partnerships
    • Earning Trust
    • Communication
    • Decision Making
    • Planning and Organizing
    • Quality Orientation

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    Please contact the Nedbank Recruiting Team at +27 860 555 566

     

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