Senior Manager: Financial Resource Management at Absa Group Limited (Absa)

Job Summary

• Provide strategic leadership in financial resource management by integrating capital, liquidity, and balance sheet insights into decision-making frameworks.
• Shape the cluster’s return architecture by defining hurdle rates, challenging pricing methodologies, and ensuring strategic alignment with bank-wide capital efficiency goals.
• Drive optimisation through oversight of profitability, pricing performance, and resource consumption, translating financial strategy into actionable targets. Act as a key advisor to senior stakeholders, ensuring that product-level decisions reflect strategic value, risk appetite, and sustainable return delivery.

Job Description

Strategic Analytics & Resource Optimisation

• Shape and influence capital and balance sheet strategies to support business growth and financial resilience.
• Evaluate resource allocation proposals and contribute to enterprise-level prioritisation aligned with return objectives.
• Use advanced analytics to identify portfolio tilts and strategic investment areas across customer segments and sectors.
• Assess trade-offs between risk, return, and growth to inform high-impact business decisions.
• Translate financial insights into actionable recommendations on resource deployment and performance improvement.

Financial management and Business Partnering

• Collaborate with business unit or function heads to determine their performance reporting needs (both financial and non-financial) and agree on deliverables annually.
• Guide the setting and translation of performance targets to business units and products.
• Monitor return delivery and provide insights to optimise portfolio and pricing outcomes.
• Support robust governance across financial resource decisions, pricing practices, and performance monitoring.
• Ensure consistent application of frameworks that support disciplined financial management.
• Provide thought leadership through financial insight and external benchmarking.
• Partner with senior stakeholders across business, finance, risk and treasury to embed FRM principles into core decision-making.

Strategic Analytics and Resource Optimisation

People Management

• Develop internal capability by recruiting and developing a capable team to ensure the necessary resources are in place to achieve business strategy and objectives.
• Implement the people management strategy for the area, in collaboration with the HRBP for the business unit, focusing on talent management, development, resourcing, and retention.
• Embed formal Performance Development and informal coaching within the team.
• Motivate the team and implement measures to recognize and reward direct reports.
• Inspire team members through coaching and mentoring, helping them to perform optimally in alignment with the vision and values, and create a sense of urgency and excitement around the business.

Education and Experience Required

• Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+), CA (SA) or CIMA or MBA  or Actuarial Science or Engineering
• 5+ years professional financial management experience
• 5+ years Banking Experience at a management level
• Preferred team lead in Finance Function teams or in professional environments
• Experience in business transformation contexts related to exponential business growth
• Experience in commercial innovation environments
• Broad Finance including strategic, commercial, legal, risk and operational aspects
• Ability to build, develop & lead professional level teams
• Understanding of the financial services sector within a professional business environment
• Knowledge of people change management

Knowledge & Skills:

• Proficiency in data analysis tools (Excel, SQL, Power BI, or Python)
• Banking regulation (Expert)
• Writing & reporting (Advanced)
• Presentation skills (Advanced)
• Understanding of systems used (Advanced)
• Understanding of relevant legislation (Advanced)
• Understanding of corporate controls and checks (Advanced)
• Knowledge of business continuity and contingency (Advanced)
• Computer literacy (Advanced)
• Excellent organisational skills (Advanced)
• Excellent communication skills (Advanced)
• Relationship management and networking (Advanced)
• Strong performance management and coaching skills (Advanced)
• Ability to think creatively (Advanced)
• Ability to react positively under pressure (Advanced)
• Good understanding of the policies and strategies (Advanced)
• Understanding of Banking operating structures (Advanced)
• Change management (Advanced)

Competencies:

• Entrepreneurial and commercial thinking
• Deciding and initiating action
• Adapting and responding to change Planning
• Learning and researching
• Analysing
• Planning and organising
• Relating and networking, Leading and supervising

Education

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

End Date: October 3, 2025