Specialist: Cost management and change (RB Finance) - Johannesburg 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

• Prepare the system for monthly flash capturing by various business units
• Provide input for monthly flash reporting, by analysing results against expectations and investigating unusual items
• Consolidation of monthly flash and commentary from various business units
• Prepare monthly packs detailing performance against prior year and benchmarks such as STP Budget and RAF and/or Outlooks, and recommending corrective actions
• Provide timeous and accurate analysis on monthly, quarterly, half yearly and annual performance
• Provide management with meaningful analyses of results to enable decision making
•  Prepare half yearly and annual competitor analyses

Financial Planning and Budgeting

• Provide analysis and input on financial planning and budgeting
• Prepare periodic forecast/outlooks, formal RAF as well as STP and capture into the system

Role / Person Specification

Education and Experience Required

• CA (SA) / CIMA
• 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

Competencies:  

• Personal & Interpersonal Skills
• Business Skills
• Technical Knowledge
• Commercial Effectiveness
• Control Environment

Education

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