Snr Analyst Financial Planning and Analysis at Absa

Job Summary

The role for a Senior MI Performance analysis accountant is open in the Treasury team. The role will provide support to the Business Performance & Analytics team, compiling management information reports and sourcing of information. Essential experience to this role involves knowledge of BP&A, Treasury and Balance Sheet Management activities. This team is responsible for the overall financial planning and reporting across Treasury (preparation and review of forecasts and short and medium term budgets), reporting on actual results with full variance analysis; as well as financial support to Treasury’s Balance Sheet Management activities

Job Description

BP&A operations and financial support for Balance Sheet Management committees

Business Performance & Analytics

• Production of budgets, targets and financial plans

• Financial scenario analysis and stress testing

• Gathering financial information and creating insightful analysis to inform management decisions

• Compiling monthly management reports

Balance Sheet Management support:

• Margin analysis with specific understanding of FTP drivers: base rate, PLF factors, LP rates, incentives

• Calculation of Risk adjusted performance measurements: PARCC, RoRC, EP, etc

• Analysis of RWA intensities and major drivers of various products and BS items

• Analysis of Liquidity, Funding and Capital consequence of BSM strategies

• Preparation of Treasury Finance Related slides for monthly BSM committee

Competitor analysis

Interaction with Key stakeholders include:

• Group Treasury Business heads (Capital, ALM, FLM)

• Group BP&A

• Cluster BP&A

• Business Finance Partners and executives

• Balance Sheet Management executives

People Management:

• Together with Head: BP&A and FTP/ALM coverage, determine people management strategy for the area

• Development and informal coaching of team members

• Deliver work that is of a high quality.

• Continuous communication with your manager and team members.

• Ensure your goals are aligned to those of your team and manager.

Education and Experience Required

• Qualifications preferred – Bcom Accounts, CIMA/CFA/CA

• Preferred 3-5yrs financial reporting experience.

Knowledge & Skills:

Essential

• Report Writing Level: Do and Instruct

• Analysis Level: Do without Supervision

• Financial Management Level: Do without Supervision

• Negotiation skills Level: Do without Supervision

• MS Office Advanced Level: Do without Supervision

• Stakeholder Management Level: Do without Supervision

• Communication - Written & Verbal Level: Do without Supervision

Preferred

• TM1 (Financial Planning System) Level: Do without Supervision

• Analyst Report Tool Level: Do without Supervision

Competencies: 

• Leading and supervising

• Analysing, Relating and networking

• Coping with pressure and setbacks

• Presenting and communicating information

• Planning and organising

• Persuading and influencing

• Writing and reporting

Education

Postgraduate Degrees and Professional Qualifications: 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