Head, Finance (Wealth Management) at Nedbank

Job Description

Job Purpose

To create and ensure sustainability of the divisions financial function through the execution of strategic and operational financial management processes and activities in order to achieve Wealth Management strategic objectives.

Job Responsibilities

•  Engage and co-ordinate with the business to translate business strategy into financial plans and targets in line with group and regulatory requirements.
•  Trusted and respected by manager, direct reports, peers and other managers - able to influence above and below
•  Mitigate financial risk, aligning to changes in accounting standards, policies and regulatory requirements.
•  Plan, coordinate and manage team to achieve deliverables, enhancing productivity and meeting business objectives.
•  Ensure transformational targets are met.
•  Contribute to a culture of transformation, supporting business strategies and participating in Nedbank culture building initiatives, including CSI.
•  Identify areas of resource inefficiencies and promote optimisation, promoting multi-skilling and addressing capacity gaps.
•  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 on-going financial performance. Enable financial performance against targets, recommending corrective action if needed.
•  Ensure business continuity.
•  Meet internal client requirements.
•  Build and maintain relationships with internal and external stakeholders.
•  Participate in internal and external forums and committees to share and acquire understanding of factors influencing the business and the group.
•  Optimise efficiency and embed correct values, 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 through performance agreements and a clear vision.
•  Identify relevant development needs by assessing own performance and behaviour through formal and informal feedback.
•  Drive to execute own and direct reports planned development through learning, coaching and other opportunities.
•  Maintain a high performing team, identifying a talent pool and using the talent grid principles and developing talent retention programmes.
•  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.
•  Ensure continuous improvement goals are achieved by creating an environment whereby self, managers and team are encouraged to challenge the status quo by initiating constructive debates about work practices and areas for improvement.
•  Build and maintain relationships with internal and external stakeholders through regular engagement.
•  Enable financial performance against targets by identifying deviations and recommending corrective action or providing justification.
•  Ensure compliance by managing adherence to Group Risk and Compliance policies and regulatory requirements.

Preferred Qualification

• Chartered Accountant (CASA)
• Minimum Experience Level
• 7 years financial management in financial services sector and 5 years managing others.