Share

Senior Financial Officer

Apply now »
Apply now

Apply for Job

Location: Johannesburg, ZA

Company: Nedbank

Description

Nedbank Recruiting

Advert Closing Date

10 February 2017

Job Family

Finance

Career Stream

Accounting

Job Purpose

To generate; analyse and report reliable; meaningful financial and non-financial information to support the requirements and decision making of the business; in line with Nedbanks strategy.

Job Responsibilities

  • Build and maintain collaborative relationships; and ensure smooth flow of work and alignment of audit requirements as set by Old Mutual by interacting with Old Mutual Quality Assurance Director and continuous improvement champions; through engagement at tele-conferences; meetings and strategy sessions.
  • Obtain buy -in for implementation of proposed continuous improvement changes and initiatives by engaging with GIA Exco during meetings.
  • Maintain collaborative relationships and meet the expectations and needs of clients by assisting GIA stakeholders and by providing professional and objective input on relevant queries raised.
  • Build trusting relationships by ensuring input provided is well thought through; aligned to methodology; takes into account practicality; addresses business needs; following a consistent approach based on the same logic and by taking into account external variables.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. Staff surveys etc.).
  • Achieve business strategy (e.g. Green Strategy) by participating and supporting corporate responsibility initiatives.
  • Identify opportunities to improve or enhance business processes and methodologies by researching; developing; implementing and recommending improvement initiatives and effective ways to operate and add value to Nedbank.
  • Contribute to improved client service by designing and building audit tools; methodologies and templates; based on frameworks obtained from stakeholders or a regulatory source that aligns to Old Mutual requirements.
  • Provide input into GIA outcomes by performing formal reviews of such communication and by ensuring accuracy of messages and compliance to reporting standards.
  • Ensure GIA methodology is complied with by conducting quality assurance interventions as agreed with the CIA and shared with GIA Exco.
  • Achieve continuous improvement through identifying and developing appropriate interventions such as training; practice notes; processes and audit methodology; through conducting file reviews and soliciting feedback from stakeholders.
  • Provide professional guidance to auditors and managers and enable corrective action and risks minimised by identifying areas for improvement and by conducting quality assessment interventions.
  • Provide suggestions; feedback and practical guidance to Group Internal Audit (GIA) on the application of audit methodology; by conducting an independent review of audit files and ensuring consistent application of methodology (risk parameters).
  • Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self; through input and feedback from management.
  • Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning curriculum activates are completed within specified timeframes.
  • Share professional knowledge by providing input and guidance to the application of methodology and educating stakeholders.
  • Ensure the implementation of changes and interventions are supported and aligned to business objectives by obtaining buy-in from GIA Exco and by presenting benefits of proposed changes and interventions.

Job Outputs

Manage Transformation and Change

  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives by engaging in staff surveys etc.Participate and support corporate social responsibility initiatives for the achievement of key business strategies.Identify and recommend opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems.

Manage Financial and Business Results

  • Forecast and predict monthly flash report towards end of every month by analysing trends and cost drivers.Generate and compare flash results performance to various budget figures and measure growth against previous periods by performing a variance analysis.Provide formal commentary and interpretation on financial information to stakeholders through variance analysis.Prepare adhoc reports by gathering information from various sources and analyse and interpret the data.Align reporting information to business changes by verifying and updating structural changes.Forecast annual staff costs and head count management through staff run rate report.Manage the cost of footprint roll-out by monitoring and reporting actual spend against budget.Conduct (plan; implement; monitor and adjust)financial planning process which includes annual budget; 3 year plans and quarterly forecasts by looking at trends; initiatives; distribution and cost drivers.

Manage Self

  • Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters; websites and attending sessions.Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managersEnsure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team.

Manage Stakeholder Relations

  • Prepare financial; non-financial and adhoc reports to various stakeholders on monthly basis by gathering information from various sources and analyse and interpret the data.Train and upskill new and existing stakeholders on financial management through one on one meetings and training sessions.Provide advice to stakeholders on profitability by extracting information from various sources; interpreting and track on monthly basis.Align the Region's strategy to the Bank's strategy through business planning and stakeholder engagement. Prepare and present the monthly Opcom pack to the Regional Manco and Exco Team for Quarterly Business Reviews.Train and upskill new and existing line managers on financial management through one on one meetings and training sessions.

Essential Qualifications - NQF Level

  • Advanced Diplomas/National 1st Degrees

Preferred Qualification

  • Bachelor of Commerce: Honours - Accounting , Advanced Diplomas/National 1st Degrees

Minimum Experience Level

  • 3 - 5 years in financial management preferably in the financial services industry.

Type of Exposure

  • Checking accuracy of reports and rec
  • Analysing and interpreting quantitative and qualitative data Working with a group to identify alternative solutions to a problem
  • Managing conflict situations
  • Sharing information in different ways to increase internal stakeholders understanding
  • Communicating internally and external
  • Tracking cost against a budget
  • Drafting reports
  • Communicating internally. Managing customer expectations Working in a team
  • Working in a fast-paced environment; meeting deadlines
  • Working with spreadsheets
  • Interacting with diverse people and cross-functional groups

Technical / Professional Knowledge

  • Administrative procedures and systems
  • Banking knowledge
  • Banking procedures
  • Business principles
  • Business terms and definitions
  • Cluster specific operations
  • Data analysis
  • Governance, Risk and Controls
  • Microsoft Office
  • Nedbank culture and values
  • Nedbank policies and procedures
  • Nedbank vision and strategy
  • Relevant Nedbank product knowledge
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Business writing skills
  • Microsoft Excel
  • Microsoft Powerpoint

Behavioural Competencies

  • Building Customer Loyalty
  • Communication
  • Decision Making
  • Initiating Action
  • Managing Work (includes Time Management)
  • Quality Orientation

---------------------------------------------------------------------------------------

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

Apply now »
Apply now

Apply for Job