Financial Business Analyst
Johannesburg, ZA
Requisition Detail and Talent Acquisition Contact
REQ ID: 142424 - Michelle Thabethe
Location: Sandton
Cluster: Group Finance - SSCF MANAGEMENT
Closing date: 17 October 2025
Job Family
Career Stream
Leadership Pipeline
Manage Self: Professional
Job Purpose
To perform financial analysis on business data in order to leverage and communicate effectively with stakeholders; so as to add value to the business financial management strategy.
Job Responsibilities
- Collaborate closely with the Senior Financial Business Analyst to align data and financial analysis initiatives with strategic business goals, financial planning, and product delivery objectives.
- Conduct in-depth financial analysis to identify trends, risks, and opportunities; provide meaningful insights and recommendations that support decision-making and value creation.
- Elicit, analyse, and document business, data, and financial requirements by engaging stakeholders across functions and levels.
- Identify and resolve data anomalies and inconsistencies early in the lifecycle to ensure accurate financial reporting and reduce rework.
- Model data flows, business processes, and system interfaces to support solution design, data integrity, and continuous improvement.
- Decompose initiatives, features, and user stories; define acceptance criteria, identify gaps, and ensure traceability across the delivery lifecycle.
- Evaluate solutions for performance, financial impact, and alignment with business needs; recommend improvements to maximise value.
- Collaborate with QA and development teams to define test cases, support UAT, and ensure solutions meet business and financial requirements.
- Communicate findings, solutions, and recommendations through reports, presentations, and stakeholder engagements.
- Build and maintain strong relationships with stakeholders, fostering collaboration, trust, and shared understanding of business and data needs.
- Ensure compliance with governance, risk, and data quality standards; proactively identify and mitigate risks, especially those affecting financial outcomes.
- Support agile and lean delivery practices, applying best practice methods, tools, and frameworks to drive efficient, value-focused outcomes.
- Contribute to innovation by identifying analytical opportunities, improving processes, and enhancing systems that support financial and operational performance.
- Mentor and coach team members; share knowledge, industry trends, and best practices to build capability and support continuous learning.
- Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
- Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
- Continuously align work with the broader business strategy, ensuring that all outputs contribute to the achievement of organisational goals.
Additional Role-Specific Responsibilities
Financial Planning & Support:
- Review the reasonableness of cluster submissions.
- Implement analytics to assist with budget reviews, gap identification, and trend analysis.
- Ensure BI and SAP systems are balanced and reconciled.
Technology & Automation:
- Continuously automate and improve financial processes to reduce repetitive tasks performed by financial officers.
- Determine and advise on optimal product mix for efficient and accurate BI reporting.
Customer Experience & Service Design:
- Enhance service approach and design to ensure a positive and seamless customer experience.
Essential Qualification
- Matric / Grade 12 / National Senior Certificate
- Advanced Diplomas/National 1st Degrees
Preferred Qualification
- Bachelor of Commerce: Financial Management
- CIMA Certified or similar
Essential Certification
- Qualification or certification that includes practical application or instruction in at least one of the following: Business intelligence tools and enterprise systems such as SAP Business Suite, Power BI, Microsoft Excel (advanced), Power Apps, and Microsoft VBA.
Experience Level
- 5+ years experience in Financial Services Environment
Technical / Professional Knowledge
- Business Acumen
- Business principles
- Communication Strategies
- Data analysis
- Governance, Risk and Controls
- Nedbank policies and procedures
- Principles of financial management
- Research methodology
- Business writing skills
- Microsoft Office Product
- Regulatory knowledge
- IT / Banking knowledge
Behavioural Competencies
- Applied Learning
- Communication
- Decision Making
- Innovation
- Work Standards
- Technical/Professional Knowledge and Skills
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Please contact the Nedbank Recruiting Team at +27 860 555 566