Financial Manager at Nedbank

Job Purpose

• To analyse; interpret; collate and present financial and non financial information in order to drive strategy; enable decision making and support Nedbank Business Units.

Job Responsibilities

• Manage the balance sheet effectively by ensuring that assets and liabilities are appropriately accounted for.
• Manage the income statements effectively by ensuring that income and expenses are appropriately accounted for (e.g. reviewing and ensuring accuracy of the general ledger accounts).
• Report on the Financial results and position by compiling, interpreting and presenting management packs.
• Assist in the achievement of Business As Usual (BAU) and strategic initiatives through accurate budgeting and forecasting.
• Build and maintain collaborative business relationships and have an understanding of the business strategy and operations through ongoing engagement with stakeholders.
• Maintain financial independence and integrity by adopting a sound level of objectivity in all practices.
• Ensure that the financial and business information adheres to audit requirements and is easily available for review by embedding good internal control processes.
• Provide management with meaningful information to make informed decisions through scenario planning, business case preparation or review and conducting feasibility studies.
• Provide ongoing support to stakeholders by addressing ad hoc queries and requests.
• Support the achievement of the  business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
• Identify training courses and career progression for self through input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

• Chartered Accountant
• Financial/Commercial acumen and relevant qualifications (Bcom etc)

Minimum Experience Level

• 2 - 3 years experience in an accounting role.
• Compile and Manage budgets and expense.
• Have some technical understanding of Networking, Voice, Multimedia and EUC(End user computing) environments…..not essential but preferable.
• Have experience with managing contracts.
• Must have experience managing staff and direct reports.
• Will be required to compile business cases for technical projects and participate in Technology related RFP’s(Request for proposals).
• Comfortable engaging with suppliers to manage commercial and service level aspects.
• Exposure to IT environment will be an advantage in managing the specific commercial and contractual aspects of the job.
• Experience with SAP/Ariba financial systems.

Technical / Professional Knowledge

• Banking procedures
• Business principles
• Business writing
• Cluster specific operations
• Governance, Risk and Controls
• Principles of financial management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Research methodology
• Decision-making process

Behavioural Competencies

• Applied Learning
• Communication
• Decision Making
• Work Standards
• Managing Work
• Technical/Professional Knowledge and Skills