Management Accountant at Absa

Job Summary

To provide and interpret financial information to all stakeholders of the business for informed decision making.The Financial Decision Support function covers the reporting of all financial and management information within CVM Finance – FDS.It involves the analysis and interpretation of this reporting and providing business with meaningful insights to enable decision making. The team provides continuous decision support for Manco and Exco and senior management within CVM as well as the wider RBB Finance and ABSA group function.

Job Description

Key Accountabilities

Financial Reporting and Month End Planning

• Prepare monthly deck detailing financial and business unit performance against prior month and PY performance benchmarks such as Budget and RAF.

• Adhering to the Planning cycle deadlines (MTP / STP / RAF) and timeous reporting thereof.

• Consult cluster heads to discuss monthly performance and provide analysis on portfolio performance

• Submission of Ad hoc requests on performance management within BU’s and interpretation of financial results.

• Preparation and analysis of slide submissions into various internal documents, policy translations and governance.

Projects

• Participate in projects that are focussed on further enhancement of reporting tools i.e. Compass / SAP.

• Collaborate with IT / Tech / Design teams on delivery of project cost requests and projections.

• Ad hoc decision support projects as tabled in Exco / Manco / Book of work initiatives.

• Automate existing process, candidate should have a keen interest and background in enabling technological improvements and build future fit efficiencies around cost optimization.

Analysis of data

• Pro-actively track and analyse revenue from new initiatives and products

• Provide analysis on Business performance

Financial Planning and Budgeting

• Provide analysis and input to various businesses on financial planning and budgeting within the FDS function / Business Partnering.

• Forecasting RAF, STP and MTP results across the business units timeously and proving financial measures to track performance against initiatives.

Role / Person Specification

Education and Experience Required

• CA(SA) / CIMA, beneficial

• B.Com Honours (Accounting) 

• 3 – 5 years banking experience

Knowledge & Skills:

• Strong financial reporting skills

• Problem solving and efficiency improvement

• Client service drive / Business Partnering

• Strong product knowledge

• Strong communication skills

• Analytical and detailed focussed

Competencies:

• Personal & Interpersonal Skills

• Business Skills

• Technical Knowledge

• Commercial Effectiveness

• Control Environment

Education

Bachelor`s Degrees and Advanced Diplomas: 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