Job Description

Job Family
Finance
Career Stream
Accounting
Leadership Pipeline
Manage Self: Professional

Job Purpose

To generate; analyse and report reliable; meaningful financial and non-financial information to support the requirements and decision making of the business; in line with Nedbank's strategy.

Job Responsibilities

Forecast and predict monthly flash report towards end of every month by analysing trends and cost drivers. Generate and compare flash results performance to various budget figures and measure growth against previous periods by performing a variance analysis. Provide formal commentary and interpretation on financial information to stakeholders through variance analysis. Align reporting information to business changes by verifying and updating structural changes. Monitoring and reporting of actual spend against budget. Conduct (plan, implement, monitor and adjust) financial planning process which includes annual budget, 3 year plans and quarterly forecasts by looking at trends, initiatives, distribution and cost drivers. Prepare financial, non-financial and adhoc reports to various stakeholders on a monthly basis by gathering information from various sources and analyse and interpret the data. Provide advice to stakeholders on profitability by extracting information from various sources, interpreting and track on monthly basis. Ensure accurate month-end and year-end close for all financial reporting within the pillar. Collaborate with Front Office, Risk, Operations and other relevant teams in order to drive efficiencies within the pillar. Align the Region's strategy to the Bank's strategy through business planning and stakeholder engagement. Ensure that reporting deadlines are met to the finance team and stakeholders by adhering to set deadlines. Ensure daily, weekly and monthly reconciliations are performed and all discrepancies are resolved in a timely manner. Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions. Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders. Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers. Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames. Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team. Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives by engaging in staff surveys etc. Participate and support corporate social responsibility initiatives for the achievement of key business strategies. Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.
Essential Qualifications - NQF Level
Advanced Diplomas/National 1st Degrees Preferred Qualification

Bachelor of Commerce: Honours - Accounting

Minimum Experience Level
3 - 5 years in financial management preferably in the financial services industry.

Technical / Professional Knowledge

Administrative procedures and systems Banking procedures Cluster specific operations Data analysis Governance, Risk and Controls Relevant regulatory knowledge Relevant software and systems knowledge Business writing skills Microsoft Excel Microsoft Powerpoint Behavioural Competencies
Building Customer Loyalty Communication Decision Making Initiating Action Managing Work Quality Orientation
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Please contact the Nedbank Recruiting Team at +27 860 555 566