Jobs Career Advice Signup
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Oct 15, 2021
    Deadline: Not specified
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance. Barclays Africa Group Limited is 62.3% owned by Barclays Bank PLC and is listed on the JSE Limited. The Group is one of A...
    Read more about this company

     

    Finance Manager: Channel Infrastructure and Change (VP)

    Job Description

    Commercial Finance Execution Accountabilities 

    • Responsible for tactical and practical finance operations relevant to optimize the function to enable business to achieve growth and profitability objectives.
    • Ensure that the CFO is appraised of key financial issues that need to be raised with executive leadership to enable integrity and timely management the BU.
    • Creating unprecedented, seamless customer experiences via finance BU enablement.
    • Embrace our distinctive brand aspiration and infuse in business.
    • Identification and innovating global best operating practices to optimize the function.
    • Drive continuous process efficiency, financial rigor and controls. Pioneer and implement Finance best practices, digital solutions and effective change enablement. Contribute to building a scalable, digitally-led business.
    • Deliver on tactical solutions to achieve cost management objectives.
    • Adopt what’s ‘best for absa’ approach in finance practices.
    • Take an eco-system view of business, that is, geography, customer, channel and product in consulting with business.
    • Book of work contribution: Build innovative finance business case and benefits tracking’s’ solutions to ensure alignment of core business with future business objectives to appropriately inform management decisions.
    • Influence optimal and compliant control environment within business unit that appropriately balances risk appetites and customer demand with the need to grow to achieve the financial ambitions and balance sheet aspirations of RBB.
    • Contribute to the effectiveness of the core finance processes for RBB Finance (annual planning, forecasting, spend trajectory and reporting).
    • Contribute to innovative performance measurement solutions and partner with the business leaders to evaluate their productivity, enable wise resource allocation, and drive intelligent scenario planning.
    • Influence a commercial leadership context by presenting business performance in the context of profitability analysis and markets/segments/customers/products to help drive financial growth. Drive the themes of customer value and revenue.
    • Influence integration of Treasury, Risk, and Finance from a BU perspective.
    • Influence the build of a leading global payments hub, where applicable.
    • Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity.
    • Be an active force for good in society through business execution.
    • Contribute to BCM & cybersecurity processes relevant to the BU and finance execution
    • Financial Reporting Accountabilities 
    • Build trust in the finance function through the creation of a single source of financial information which is corroborated by related management information sources.
    • Develop innovative easy to comprehend progress reports for leaders on their strategic agenda, short-term and long-term plans and investments, operational success metrics, efficiencies, risks and mitigations.
    • Embed the correct governance and control frameworks across the Finance team, as well as for proactively addressing any deficiencies and exceptions.
    • Critically assess underlying operational and financial performance in the context of key underlying business drivers and provide leadership with commercial insight into performance.
    • Seek advanced modelling and analysis capability to provide actionable intelligence, beyond data within the function.
    • Develop finance narratives and insights driving business; and build pioneering new propositions.
    • Ensure appropriate, quality and timeous delivery of accurate financial and non-financial management information to support business objectives and expectations, including appropriate financial and non-financial metrics, valid and insightful comments and packaging the information in a relevant and appropriate manner.
    • Deliver reporting reflecting deep commercial, holistic understanding, coherency, clarity, and contextualisation. Tell the story with passion and conviction.
    • Provide thought-leadership, insight, influence and challenge on evolving stakeholder information requirements and reporting processes to deliver analytics.
    • Align to processes around month-end, year-end and planning cycles across the RBB finance community and BU based on the requirements from Group. Prepare for all cycles in advance and ensure adequate engagement with the relevant finance and BU teams.
    • Manage the production of regular, high quality, standardised financial and non-financial reporting and analytics to Business and Finance; and focus on effective collaborative stakeholder hand-offs in the production.
    • Have regular feedback review sessions with key stakeholders to obtain feedback on current outputs produced and to understand requirements for any new requirements.
    • Regularly review all outputs produced by the team to ensure that they are still relevant and consistent with stakeholder requirements.
    • Proactively challenge the team to identify areas in which the content, presentation or delivery of the outputs delivered by the team can be improved or made more efficient.

    People Investment Accountabilities 

    • Peer responsibility: Coach, inspire, engage, mentor and develop finance and business savvy leaders.
    • Play to our A-Game culture of Culture of inclusivity, diversity, entrepreneurship, and ownership.
    • Network with finance colleagues across GFD and create awareness of challenges, opportunities and issues and encourage collaboration
    • Focus on Finance skills evolution and remaining relevant.
    • Embrace the value of finance partnership in Big Data, Advanced Analytics, mergers and acquisitions, and partnerships into the core of our business.
    • Influence industry thought leadership to create industry benchmark standards.
    • Help build BU leadership capability by influencing deep understanding of income statement, balance sheet, margin returns, variance analysis, capital and liquidity requirements, revenues, assets, liabilities and capital, expenses, headcount analytics and other key ratios through relevant engagement.
    • Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+), CA (SA) or CIMA or MBA qualification preferred.
    • 4+ years professional financial management experience
    • 4+ years Banking Experience at a management level

    Knowledge and skills:

    • Experience in executing finance processes.
    • Experience in commercial innovation environments
    • Broad Finance including strategic, commercial, legal, risk and operational aspects
    • Understanding of the financial services sector within a professional business environment
    • Knowledge of building collaborative work environments

    Education

    • Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

    Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

    Absa Bank Limited reserves the right not to make an appointment to the post as advertised

    Method of Application

    Interested and qualified? Go to Absa on absa.wd3.myworkdayjobs.com to apply

    Build your CV for free. Download in different templates.

  • Send your application

    View All Vacancies at Absa Back To Home

Subscribe to Job Alert

 

Join our happy subscribers

 
 
Send your application through

GmailGmail YahoomailYahoomail