Assistant Financial Officer at Nedbank

Job Purpose

• To provide financial management services to stakeholders through effective processing; monitoring; budgeting/forecasting; analysis and reporting; thereby ensuring good governance and financial control across the Nedbank Group.

Job Responsibilities

• Contribute to business unit's cost saving by operating within agreed targets.
• Contribute to improvement of team performance by partnering with team leaders and giving advice and feedback on how they are performing.
• Maintain client satisfaction by responding to general queries and adhoc requests timeously.
• Contribute to team skills by sharing knowledge and ideas.
• Build and maintain business relationships with internal and external stakeholders by providing and discussing monthly financial packs.
• Validate accuracy and allocation of entries posted to the general ledger (GL) or database (DB) by checking the daily GL and DB accounts and reports.
• Process staff claims by allocating them to the correct branch and GL account.
• Process ledger entries by preparing the VAT upload and forward to Group Finance for further processing.
• Ensure entries are correctly allocated by liaising with the relevant parties and following up on any discrepancies.
• Prepare a variance report by comparing budget/forecast against actuals and providing comments for the variances.
• Perform daily bank reconciliations by clearing entries to the GL.
• Perform monthly balance sheet reconciliations by comparing GL and balance sheet balances and explaining reconciled items.
• Review validity of invoices by making sure that they meet policy requirements in terms of signatures, mandates and tax.
• Submit invoices for payment by capturing on the P2P System and select authorisers for approval.
• Prepare budgets, forecasts and three-year plans by liaising with team leaders and gathering relevant information.
• Manage and monitor asset registers by physically checking asset numbers and verifying them against the asset register.
• Process purchase orders of capex (new or replacement) by allocating reference numbers and ensuring validity of order in terms of signatures and mandates.
• Keep abreast of legislation and other industry changes that impact 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.
• 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.

Essential Qualifications - NQF Level

• Diploma

Preferred Qualification

• Bachelor of Commerce: Accounting , Bachelor of Commerce: Banking

Minimum Experience Level

•  2-4 years experience with 1-2 years' experience in financial services environment

Technical / Professional Knowledge

• Accounting principles
• Administrative procedures and systems
• Banking knowledge
• Business principles
• Cluster specific operations
• Data analysis
• Governance, Risk and Controls
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Business writing skills

Behavioural Competencies

• Applied Learning
• Communication
• Decision Making
• Stress Tolerance
• Managing Work
• Quality Orientation

Closing date: 8 February 2026