Senior Financial Officer

Location:

Johannesburg, ZA

Date: 2 Sept 2025

Reference: 141821

Requisition Details & Talent Acquisition Contact

Requisition nr: 141821
Talent Acquisition Specialist: Tshego Semenya
Location: 135 Rivonia Road, Sandown
Closing date: 11 September 2025

Cluster

Nedbank, Personal and Private Banking – MFC (Vehicle and Asset Finance)

Career Stream

Accounting

Leadership Pipeline

Manage Self: Professional

Position

Senior Financial Officer (x2)

Why join our team!

Join a high-performing finance team within MFC, a market leader in Vehicle and Asset Finance. We’re recruiting two Senior Financial Officers to support the Head of Finance in delivering strategic financial insights across a R130 billion balance sheet and contributing to over R1.5 billion in headline earnings annually.

These roles offer exposure to budgeting, forecasting, flash reporting, audit, and strategic financial analysis. You’ll work closely with Group Finance, PPB Central Finance, and Technical Accounting teams, gaining deep insights into banking finance and secured lending products.

This is a launchpad for newly qualified CA(SA) looking to build a career in banking finance, within a collaborative, empowering team culture that values mentorship, continuous learning, and hands-on delivery.

Job Purpose

To support the MFC Head of Finance and broader PPB Finance team in delivering accurate, insightful, and timely financial reporting, budgeting, and forecasting. Each SFO will own a distinct focus area—Balance Sheet & NII or Income Statement & NIR/Opex—while collaborating closely to drive excellence.

Job Responsibilities

Role 1 – Balance Sheet & Net Interest Income (NII)

Prepare and manage the full Balance Sheet and NII budget and flash reporting
Capture and reconcile NII, impairments, and FTP rates on HANA (Nedbank’s Budget Capturing System)
Prepare NII reasonability templates and waterfalls
Engage with stakeholders on funding assumptions, pricing models, and audit
Maintain reconciliations and support audit readiness

Role 2 – Income Statement, Non-Interest Revenue (NIR) & Opex

Own the Income Statement including NIR, Opex, and Indirect Tax
Prepare and review budgets, flash reports, and monthly commentary
Manage R200m+ in expenses and oversee VAT, JV reporting, and VAPS entries
Collaborate with business units and Group Finance on financial insights
Support audit and compliance processes

Shared Responsibilities

Deliver accurate and timely financial reporting, budgeting, and forecasting
Contribute to process improvements and automation initiatives
Participate in MFC Business Reviews and strategic finance discussions
Engage with external auditors and ensure compliance with IFRS and internal controls

Essential Qualifications - NQF Level

Professional Qualifications/Honour’s Degree

Essential Qualification

CA(SA)

Minimum Experience Level

Newly qualified or up to 1 year post-articles
Experience auditing listed clients or financial institutions preferred

Type of Exposure

Budgeting, forecasting, and financial modelling
Flash reporting and variance analysis
Stakeholder engagement and commentary preparation
Reconciliations and audit support
Use of financial systems (e.g., SAP HANA)

Technical / Professional Knowledge

IFRS principles
Banking finance and secured lending
Advanced Excel
Financial reporting systems
Business acumen and analytical thinking

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