Senior Finance Business Partner - Johannesburg, South Africa - Absa Bank Limited

Absa Bank Limited

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

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Description

Bring your possibility to life Define your career with us

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

This role will manage monthly reporting processes and the end-to-end planning processes from forecasting thought leadership, to planning, monitoring and evaluation throughout the annual financial calendar.

This includes focus on business analysis and insights to providing business intelligence to inform and influence leadership decisions, all while reducing financial risk.

The incumbent is expected to drive process efficiency and improvement. It will further include commercial financial modelling.

The incumbent partners with the CFO and is responsible for end-to-end financial management, including developing forward-thinking analysis, generating management reports, scaling automated financial processes to crafting financial strategies aligned to business financial health and growth objectives of AVMS, and ensures that business makes sound financial decisions.

The role is responsible to co-create, build and run Finance capabilities required to lead to exponential growth and business effectiveness.

End-to-end accountability and responsibility for finance MI, financial and management reports, forecasts, and business performance analysis.

Partners with the CFO and MD to transform, bring stewardship, financial integrity & insights to the current state of the AVMS business & its future possibilities to deliver on and to achieve the business strategy objectives set by Absa Group Limited for Relationship Banking.

Support the CFO in managing the treasury and funding activities of the AVMS business.

Job Description:

Commercial Finance Execution Accountabilities

Responsible for tactical strategy and the navigation of multiple/complex leadership relevant across AVMS.
Leveraging tactical and practice integration, accountable to optimise the function. Coaccountable with CFO and MD for business growth and profitability.
Ensures that the CFO is appraised of key financial issues that need to be raised with executive leadership to enable integrity and timely management of AVMS.
Deliver on our Customer Promise by creating unprecedented, seamless experiences.
Embrace our distinctive brand aspiration and infuse in business.
Implementation and creating of global best operating practices.
Drive continuous process efficiency, financial rigor and controls. Pioneer and implement Finance best practices, digital solutions, and effective change enablement. Help build a scalable, digitally led business.
Drive cost management objectives within AVMS.
Contribute to functional strategy, create a shared purpose and identity for function; one family doing what's 'best for Absa'.
Book of work contribution: Partner with leaders on financial decisions and implications of business strategies, investments, tradeoffs, efficiency, and scale initiatives, including process and systems transformation. Ensure alignment of core business with future business and technology changes and align vendor roadmaps to ensure the achievement thereof.
Accountable for ensuring an optimal and compliant control environment within business unit that appropriately balances risk appetites and customer demand with the need to grow to achieve the financial ambitions and balance sheet aspirations of AVMS and Relationship Banking.
Lead all aspects of the core finance processes for AVMS in support of Relationship Banking Finance (annual planning, forecasting, spend trajectory and reporting), and partner with the business leaders to evaluate the productivity of operations, enable wise resource allocation, and drive intelligent scenario planning.
Stimulate a leadership context of solid understanding of the markets/segments/customers/products to help drive financial growth.
Perform product and customer profitability analysis to assist with business decisions.
Build capability to partner with business to identify opportunities to utilise relevant solutions to innovate new products and services with the intent of driving customer value and revenue.
Whenever necessary, participate in negotiations with partners as well as suppliers or contractors within appropriate role scope.
Foster strong relationships with business units by establishing a customer service culture within the commercial finance team.
Influence integration of Treasury, Risk, and Finance from a BU perspective.
Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity.
Leverage BU to help shape society by developing innovative solutions to societal challenges; and expand and augment existing capabilities.
Integrate oversight of BCM & cybersecurity s