Job Description

Requisition Details & Talent Acquisition Contact
Requisition nr: 142616
Talent Acquisition Specialist: Tshego Semenya
Location: 135 Rivonia Road, Sandown
Closing date: 28 October 2025
Cluster
Personal and Private Banking
Career Stream
Accounting
Leadership Pipeline
Manage Function
Position
Finance Executive: Moonshots, Third Parties & Consolidations
Why is this role unique!
Companies that create sustainable long-term shareholder value, continually build new and material sources of revenue. This has been well documented in several empirical studies, and there are several examples of such companies in the world. The new and material sources of revenue can include diversification of client segment, product, geography, channel or industry. They typically leverage technology and design, and can either be organic or inorganic. They also enter into mutually beneficial relationships with non-traditional players/disruptors within and often outside their core industry, thereby expanding existing and tapping into new sources of revenue.
This role sits at the heart of a bold transformation within Nedbank's Personal Banking segment. As Finance Executive, you'll be instrumental in shaping the financial architecture that supports these pioneering efforts, ensuring commercial viability, regulatory compliance, and strategic alignment. Your role will include ensuring sustainability of the Moonshot, Third Party Sales and Personal Banking Segment financial function.
Moonshots is a disruptor by design--focused on launching breakthrough products and services that challenge conventional banking models and accelerate digital transformation. Third Party Sales is about creating new revenue streams through strategic partnerships in non-traditional-banking industries. This role offers the opportunity to operate within an fast paced environment, ensure sound financial management of the Moonshots Portfolio, Third Party Sales and Personal Banking Segment across business case development, budgeting and accounting practices, financial reporting, variance analysis, procurement support, and portfolio insights.
Job Responsibilities
Strategic Finance Leadership

• Serve as the finance lead for Moonshots and Third Party Sales, translating business strategy into financial outcomes.
• Partner with executives to shape financial direction, influence decision-making, and ensure alignment with cluster objectives.
• Act as a sounding board and advisor to entrepreneurial leaders, helping them navigate financial complexities.

Business Case Development & Evaluation

• Build robust financial business cases for new initiatives, including revenue, cost, funding, and impairment assumptions.
• Conduct sensitivity analysis and scenario planning to assess risk and opportunity.
• Collaborate across functions to track actual performance against business case assumptions and provide actionable insights.
• Size and integrate investments required for execution, People-Systems-Processes.

Budgeting & Forecasting

• Provide guidance to business by compiling three-year plans which are aligned to strategy; and evaluating and recommending changes to the three-year plans.
• Develop and maintain 3-5 year financial plans for Moonshots, Third Party and Segments portfolios.
• Ensure budgets reflect strategic priorities, economic indicators, and operational realities.
• Include budget requirements for major cost items, including revenue and expenses (e.g., IT, staff, transfer pricing) and ensure compliance with IFRS and internal
• standards.
• Provide guidance on budgeting for new initiatives and partnerships.

Financial Reporting & Controls

• Deliver accurate, timely, and insightful management information and management reports.
• Perform variance analysis and provide recommendations to improve performance.
• Ensure compliance with IFRS, tax, regulatory, and governance standards.
• Analyse variances between actuals and budgeted amounts, and present clear and insightful summaries to management on the variances.
• Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial information.

Procurement & Commercial Structuring

• Manage procurement processes and approve vendor invoices under contract.
• Support structuring of commercial agreements, including profit-sharing and tax considerations.
• Provide technical guidance on VAT, Companies Act, and other regulatory considerations.
• Ensure financial sustainability of Moonshots, Partnerships and Segment through detailed modelling and scenario testing.

Portfolio Insights & Performance Management

• Analyse Return on Equity trajectories and provide insights / management advice on areas where the returns could be improved.
• Provide financial insights to support strategic pivots and investment decisions.
• Evaluate profitability of Moonshots, Parternships and Segment including modelling potential enhancements.
• Track performance of initiatives from launch to market maturity.

Team Leadership & Capability Building

• Build and lead a high-performing finance team, including Heads of Finance and Senior Finance Managers.
• Drive a culture of innovation, accountability, and continuous improvement.
• Empower team members through coaching, mentoring, and strategic delegation.
• Establish a differentiated culture aligned with Nedbank's transformation and EE plans.
• Ensure succession planning and talent development within the finance function.

Essential Qualifications - NQF Level

• Professional Qualifications/Honour's Degree

Preferred Qualification

• Chartered Accountant (CA(SA))

Essential Certifications

• Registered at South African Institute of Chartered Accountants

Minimum Experience Level

• Minimum 8 years of experience within the financial services sector, including at least 5 years post-articles experience in progressively senior roles, ideally supporting complex and/or entrepreneurial business units.
• Proven ability to lead and manage the full finance function for a business unit, including budgeting, and performance tracking aligned to IFRS, tax, and regulatory standards.
• Demonstrated expertise in financial modelling and business case development, with experience in scenario planning, sensitivity analysis, and evaluating product economics across diverse banking offerings.
• Hands-on experience in commercial structuring and procurement, including negotiating vendor contracts, designing profit-sharing agreements, and navigating complex financial environments involving ecosystem partnerships.
• Strong exposure to banking products and client ecosystems
• Showcase an ability to operate independently, influence senior stakeholders, and provide strategic financial insights in fast-paced, innovation-led environments.
• Experience working in startup, fintech, or boutique consulting environments, with demonstrable exposure to banking clients or products, enabling effective contribution to innovation and ecosystem-driven initiatives.
• Proven ability to engage with senior executives, influence strategic direction, and contribute to product innovation, digital transformation, or ecosystem partnerships, particularly within complex financial structures.

Technical / Professional Knowledge

• Financial modelling and scenario planning
• Strategic budgeting and forecasting
• IFRS, tax, and regulatory compliance
• Commercial structuring and procurement
• Business case development and performance tracking
• Understanding of banking operations and product economics
• Ability to navigate complex financial structures and regulatory environments

Disclaimer
Preference will be given to candidates from the underrepresented groups
Please contact the Nedbank Recruiting Team at +27 860 555 566
Please contact the Nedbank Recruiting Team at +27 860 555 566

Skills Required