Financial Manager at Nedbank

Job Purpose

• The Finance Manager will be responsible for managing the financial performance of the Private Clients and Small Business Services (SPS) segments within the Personal and Private Banking (PPB) cluster, ensuring accurate reporting, robust financial planning, and strong stakeholder engagement. This role requires advanced financial management expertise, IFRS knowledge, and the ability to influence strategic decisions in a dynamic, high-pressure environment.
• The Finance Manager will focus primarily on financial planning and analysis (FP&A), budgeting, forecasting, and performance reporting for these segments. The role involves financial business partnering with segment heads and centers of excellence (e.g., tax, expenses, NIR/NII), providing actionable insights to optimize profitability and cost structures. While the core responsibility is PPB, the incumbent should have a high-level understanding of adjacent investment offerings to s

Why join our team!

• Step into a role where finance meets strategy and impact. As Finance Manager within Personal and Private Banking (PPB), you’ll be at the center of shaping financial outcomes for high-value segments, partnering directly with senior leaders and influencing decisions that drive growth. This is not just about reporting numbers—it’s about creating insights that steer the business forward.
• You’ll work in a dynamic environment that values innovation and collaboration, with the opportunity to design robust financial planning processes, implement best practices, and lead automation initiatives that transform efficiency. Expect to tackle complex challenges—tight deadlines, regulatory requirements, and diverse stakeholders—while building strong relationships that position you as a trusted advisor.
• In return, you’ll gain exposure across banking and investment segments, access to executive-level decision-making, and a clear path for career progression within one of South Africa’s leading financial institutions. If you’re analytical, proactive, and influential, with the ability to manage multiple priorities under pressure, this role offers the perfect platform to make your mark and grow your career.

Job Responsibilities
Financial Planning & Analysis

• Lead the development of financial strategies that align with PPB’s growth objectives, ensuring accurate translation of business initiatives into financial outcomes.
• Perform detailed variance analysis to identify underlying drivers of performance and proactively recommend corrective actions.
• Build dynamic financial models to support scenario planning and stress testing, enabling informed decision-making under varying market conditions.
• Facilitate quarterly and annual planning sessions with business heads, ensuring alignment between operational goals and financial targets.

Accounting & Compliance

• Oversee the integrity of financial data by implementing rigorous controls and reconciliation processes across all PPB segments.
• Act as the primary liaison during audits, ensuring timely resolution of queries and adherence to governance frameworks.
• Continuously monitor changes in IFRS and tax regulations, advising stakeholders on implications for PPB’s financial position and reporting obligations.

Reporting

• Transform raw financial data into actionable insights through advanced analytics and visualization tools.
• Develop executive-level dashboards and presentations that highlight key trends, risks, and opportunities for strategic decision-making.
• Ensure reporting processes are streamlined and automated where possible to reduce manual intervention and improve turnaround times.

Financial Business Partnering

• Serve as a trusted advisor to segment leaders, translating complex financial concepts into clear, actionable recommendations.
• Drive accountability by embedding financial KPIs into operational scorecards and coaching stakeholders on performance improvement.
• Collaborate with centers of excellence to integrate specialized inputs (e.g., tax, NIR/NII) into holistic financial narratives for PPB leadership.

Financial Control

• Implement robust governance frameworks to safeguard PPB’s financial integrity, including proactive identification and remediation of control weaknesses.
• Champion continuous improvement initiatives aimed at reducing operational risk and enhancing compliance across all financial processes.

Technical Focus Areas

• Design and implement advanced budgeting methodologies that incorporate predictive analytics for greater accuracy.
• Lead audit readiness initiatives, including pre-audit reviews and stakeholder education to minimize disruptions during audit cycles.
• Ensure disclosures and financial statements meet both regulatory standards and internal quality benchmarks, reflecting PPB’s commitment to transparency.

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

• Chartered Accountant

Minimum Experience Level

• 2–3 years post-articles experience, ideally gained in a banking environment or broader financial services sector. 
• Solid understanding of IFRS principles and SARS compliance, with the ability to apply these in a complex, regulated environment.
• Proven track record in budgeting and forecasting, including experience in developing rolling forecasts, three-year plans, and quarterly outlooks. The ability to translate business initiatives into accurate financial projections is critical.
• Hands-on experience in audit management, including preparing for audits, managing stakeholder expectations, and resolving queries efficiently. This includes the ability to educate non- finance stakeholders on audit requirements and ensure smooth audit cycles.
• Exposure to financial statement preparation and disclosures, demonstrating strong technical accounting acumen and attention to detail.
• Experience in financial planning and analysis (FP&A), with the ability to provide meaningful commentary on variances, trends, and performance drivers.

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