Business Partner Finance at Absa South Africa

Job Description

• Review and present monthly financials and variance commentary at Divisional Manco meetings and where required support the Senior Finance Business Partners with presentation to EXCO Meetings.
• Compile and present Financials to the relevant business owners on a monthly basis including financial actuals against forecasted trends
• Participate in business initiatives or Group and Cluster financial initiatives on behalf of the business unit where required and ensure deliverables and frameworks are effectively implemented in own area of responsibility. (e.g. financial transfers between business units, group financial projects and business unit level financial drives and programmes).

Accountability: Financial management and Business Partnering:

• Monitor financial trends and identify gaps, motivate requests and new ways of work to the Senior Business Partner.
• Obtain a thorough understanding of the business unit’s strategy and explain it to team members in such a way that they understand the contribution they have to make.
• Provide financial reporting, advise and guidance to line managers and business owners on new initiatives, current budget management practices and trends in expenditure in their areas of accountability.
• Explain targets and take accountability for the monitoring and achievement of own and team performance objectives in the department in terms of return on investments, financial risk, financial planning and governance.
• Conduct basic statistical analysis to track performance variances and determine the root causes of errors. Make recommendations for productivity or process enhancements to process owners
• Populate balanced scorecards for the specific department on a monthly basis. Work with the team to address shortcomings during the next month. Escalate any major issues identified to the next level manager
• Address any process failures specific to the department under management
• Budget accuracy and completion for dashboards
• Prepare financial reconciliations to GL, submitted on a monthly basis.
• Ensure that processes, control requirements and risk management frameworks that have been designed for the area are understood by all members of the team and that these are adhered to on a monthly basis.

Education

• Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)

Closng Date: 1st, April 2022