Senior Financial Manager

Job Purpose

To direct; add value and enable business decisions through effective consolidated financial analysis; reporting and controls specifically focused on transfer pricing, cost analysis and product profitability; in line with Nedbank Corporate Investment Banking 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.

Essential Qualifications - NQF Level

Preferred Qualification

Chartered Accountant

Minimum Experience Level

• 5 -8  years in financial management preferably in the financial services industry and 2 years managing others
• Transactional banking product knowledge preferrable 

Technical / Professional Knowledge

Behavioural Competencies