Specialist: Cost Management and Change at Absa Group Limited (Absa)

Job Summary

• The Financial Decision Support function covers the reporting of all financial and management information within Absa.
• 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 Exco and senior management within Relationship Banking as well as the wider ABSA group

Job Description

Key Accountabilities 

Monthly reporting and month end packs

• Provide input for monthly flash reporting by developing the best estimate of the month end result and load the numbers into the system.
• Monitor flash numbers against plan and the final numbers.
• Prepare cost reports on a regular as well as ad-hoc basis to enable management to make decisions.
• Provide advice and support to management on financial risks that might have an impact on profitability by discussing at regular intervals all financial matters

Financial Planning and Budgeting

• Prepare, discuss and sign-off short-term plan (STP), medium-term plan (MTP) and rolling forecast (RAF) with relevant stakeholders to enable consolidation into cluster forecast and budget.
• There is a strong focus of business partnering linked to this role which include presentation of financials to various forums.

Role / Person Specification

Education and Experience Required

• CA (SA) / CIMA or situable qualification minimum NQF7.
• 1 – 5 years post qualification banking experience

Knowledge & Skills:

• Strong financial reporting skills
• Problem solving and efficiency improving
• Client service drive
• Strong product knowledge
• Strong communication skills
• Analytical and detailed focussed

Systems:  

• SAP BW
• Compass

Education

• Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)

End Date: July 2, 2025