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Position

Head of Finance: Card

Details

Location: 

Johannesburg, ZA

Date:  9 Jul 2024
Reference:  134761

financial management in financial services sector

REQ 134761

Location: Sandton

Closing date: 12 July 2024

Cluster

RBB

Career Stream

Accounting

Leadership Pipeline

Manage Managers

Position

Head of Finance: Card

Job Purpose

To lead a team responsible for the management and analysis of all financial activities; make recommendations in line with Nedbank strategy to enable the business to make informed financial decisions.

Job Responsibilities

  • Manage daily activities to ensure accuracy and completeness of financials.
  • Conduct business-related activities prior to month-end to ensure the correctness of financial results.
  • Track ongoing financial performance by analysing month-end results and reporting to business and the Group.
  • Enable financial performance against targets by identifying deviations and recommending corrective action or providing justification.
  • Ensure business continuity by having processes and systems in place to support all activities.
  • Meet internal customer requirements to ensure adherence to service level agreements.
  • Build and maintain relationships with internal and external stakeholders through regular engagement.
  • Participate in internal and external forums and committees to share and acquire understanding of factors influencing the business and the Group.
  • Engage and co-ordinate with the business to translate business strategy into approved financial plans and targets in line with Group and regulatory requirements.
  • Ensure compliance by managing adherence to Group Risk and Compliance policies and regulatory requirements.
  • Mitigate financial risk by staying abreast of and aligning to changes in accounting standards, policies and regulatory requirements.
  • Provide valuable insights to business through meaningful analytics and analyses – business performance and results relative to industry, etc.
  • Provide valuable inputs and insights into pricing teams to ensure optimal client pricing.
  • Plan, co-ordinate and manage team to achieve deliverables.
  • Enhance productivity by identifying, implementing and supporting process improvements.
  • Meet business objectives by making timeous and informed decisions.
  • Optimise efficiency and embed correct values by ensuring direct reports understand and support Nedbank’s vision, values and strategy and are measured on delivery against these.
  • Manage performance of reports and hold them accountable for managing the performance of their reports by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and taking appropriate corrective action where required.

Job Responsibilities Continue

  • Identify relevant development needs by assessing own performance and behaviour through formal and informal feedback.
  • Drive to execute own and direct reports planned development by attending learning, seeking coaching or other industry or technical learning events and opportunities.
  • Maintain a capable high performing team by identifying a talent pool through conducting career conversations and utilising the talent grid principles and developing talent retention programmes (e.g. rotation).
  • Build depth of skills and knowledge in the team of managers by sharing knowledge and insight with team members, ensuring mentoring, coaching and day to day activities.
  • Improve productivity and reduce costs by improving work processes through offering innovative ideas and input and soliciting input from managers and teams.
  • Ensure transformational targets are met through consideration of targets during the staff recruitment, retention and training process and utilising suppliers listed on the preferred supplier list for department.
  • Contribute to a culture conducive to the achievement of transformation goals and support business strategies that improve the corporate image by ensuring self, managers and team participation in Nedbank culture building initiatives.
  • Deliver a world class service through others by ensuring a client centric culture through required interventions.
  • Identify areas of resource inefficiencies and promote optimisation through promoting multi-skilling and addressing capacity gaps by reviewing and improving work processes.

Minimum Experience Level

  • 7 years financial management in financial services sector and 5 years managing others.

Essential Qualifications - NQF Level

  • Advanced Diplomas/National 1st Degrees

Preferred Qualification

  • Chartered Accountants (SA) 

Technical / Professional Knowledge

  • Business administration and management
  • Client service management
  • Financial Accounting Principles
  • Governance, Risk and Controls
  • Principles of project management
  • Relevant regulatory knowledge
  • Stakeholder management
  • Strategic planning
  • Talent management

Behavioural Competencies

  • Building Partnerships
  • Communication
  • Building talent
  • Guiding Team Success
  • Continuous Improvement
  • Building partnerships
  • Driving for Results

Disclaimer

Preference will be given to candidates from the underrepresented groups

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

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

 

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