Senior Financial Manager at Nedbank

Job Purpose

• To direct; add value and enable business decisions through effective consolidated financial analysis; reporting and controls across a range of business functions or companies; in line with Nedbank business strategy.

Job Responsibilities

• Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial information
• Ensure accurate and timeous budgets are submitted and reviewed by ensuring that they align with key economic indicators and group strategic initiatives
• Ensure accurate financial results by reviewing reconciliations and following up on unreconciled items
• Compile Financial statements by complying with IFRS and relevant regulatory frameworks
• Comply with relevant legislation by reviewing and submitting statutory returns timeously
• Consolidate financial reports and make value added recommendations by using information from various sources
• Understand and meet stakeholders’ requirements through ongoing engagement
• Assist in the achievement of group collaboration initiatives by identifying opportunities to create beneficial partnerships and synergies
• Ensure relevant, best practice analysis and reporting by providing ongoing guidance and coaching to the team
• Meet deadlines and targets through prioritising effectively, planning and communicating
• Maintain high standards of analysis and reporting within defined timeframes by planning, organising and monitoring workflow
• Contribute to intellectual capital development by providing continuous motivation, mentoring, coaching and on the job skills training
• Achieve business objectives within a specific timeframe by scheduling and coordinating activities and identifying appropriate resources to perform these activities
• Manage defined risks in the finance function and risk categories at targeted levels by adhering to internal and external guidelines/policies/ procedures/business rules/ compliance and governance requirements
• 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
• 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
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank
• Data quality management by monitoring and improving the quality of data used for reporting. Including the refinement of month end processes and protocols including timing, and standards of data quality and delivery
• Management and compilation of Annual Financial Statements
• Effective management of relationship of audit functions, internal and external
• Ensure reliable and accurate information is provided to SARB and SARS
• Efficient delivery of data to Group finance and Cluster finance teams

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Type of Exposure

• Conducting root cause analysis
• Developing ways to minimize risks
• Managing conflict situations
• Influencing stakeholders to obtain buy-in for concepts and ideas
• Sharing information in different ways to increase internal stakeholders understanding
• Brainstorming ways of improving a product or situation
• Challenging the status quo with a view to improve people's understanding of issues
• Managing team dynamics
• Writing business proposals
• Identifying trends

Minimum Experience Level

• 5 years in financial management preferably in the financial services industry and 2 years managing others.

Technical / Professional Knowledge

• Banking procedures
• Business Acumen
• Cluster specific operations
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Remuneration policies and principles
• Research methodology

Behavioural Competencies

• Building Partnerships
• Earning Trust
• Communication
• Decision Making
• Planning and Organizing
• Quality Orientation