Reporting and Cost Management Manager at Absa South Africa

Job Summary

• The Reporting and Cost Management team, a sub-team within Group FP&A, is responsible for:
• overall financial Reporting across Absa Group (monthly, quarterly, half yearly and annual)
• support the planning and financial control teams with half year and year end booklets
• managing the end to end of the Group Balanced Scorecard (from initiation to reporting on the results as they emerge).
• perform frequent ad hoc analysis and research, often related to presentations to Exco, the Board and other sub committees of the Board
• This role supports the preparation of these key deliverables and provides analysis and inputs into these processes.

Job Description

Key Accountabilities

• Accountability: Assist the team in team executing the following deliverables to Exco and other members of senior management
• Play an integral role in the month end reporting process starting with Flash reporting till Exco report and (GACC and Board when required)
• Prepare and present financial reports, including monthly, quarterly, and annual financial statements, to executive leadership.
• Analyse financial performance, identify trends, and provide actionable insights to senior management
• Drive continuous improvement in financial processes and systems to enhance accuracy, efficiency, and transparency
• Play an integral role in Cost and productivity programmes
• Assist the Planning team with Outlook/RAF and STP processes as required
• Support the planning and Financial Control teams with half year and year end booklets and the integrated reporting processes
• Assist with the Market guidance processes
• Lead on other ad hoc projects as is required
• Attend meetings to get briefing on work allocations to understand and complete their tasks to achieve team
• Accountability: Ad-hoc requirements/submissions
• Execute ad-hoc queries daily that are dependent on external and internal requirements and vary considerably throughout the year
• Attend meetings as is required
• Accountability: Cluster Relationship Manager (CRM) roles
• Communicate with BUs and Functions and relay critical information and requests.
• Perform all other duties as reasonably assigned.
• People Investment Accountabilities
• Peer responsibility: Engage 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 Group Finance and create awareness of challenges, opportunities and issues and encourage collaboration
• Focus on Finance skills evolution and remaining relevant.
• Role/Person Specification

Qualifications and experience:

• B Com degree with Honours or Masters (major in Accounting, Financial Management or Economics)
• CA (SA) / CIMA with 5-8 years PQE
• Non-CA (SA) / CIMA with 7-10 years’ relevant experience in Financial Services organisation
• Able to work effectively across a multi-service Financial Services organisation
• Previous exposure to financial management reporting in a complex large organisation

Knowledge and skills:

• Advanced Financial Accounting
• Analytical skills
• Self-driven and good interpersonal skills
• Attention to detail
• Deadline driven
• Advanced Excel and PowerPoint skills
• Experience in handling big data
• Some knowledge of dashboards and PowerBI

Preferred:

• Knowledge of financial markets
• Knowledge of economics

Competencies:

• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating

Education

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