Senior Financial Officer - Johannesburg, South Africa - Nedbank

Nedbank

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

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Description

Job Requisition

Job Location

Johannesburg
Career Stream
Accounting
FAIS Affected
Job Purpose
To generate; analyse and report reliable; meaningful financial and nonfinancial information to support the requirements and decision making of the business; in line with Nedbank's strategy

Responsibilities:

Forecast and predict monthly flash report towards end of every month by analysing trends and cost drivers.
Provide formal commentary and interpretation on financial information to stakeholders through variance analysis.
Prepare adhoc reports by gathering information from various sources and analyse and interpret the data.
Implement and monitor costs control measures across the division
Align reporting information to business changes by verifying and updating structural changes.
Forecast annual staff costs and head count management through staff run rate report.
Help facilitate (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, nonfinancial and adhoc reports to various stakeholders on 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.
Align the Region's strategy to the Bank's strategy through business planning and stakeholder engagement.
Assist in automating and improving Opcom/Manco reporting processes, moving away from excel to PowerBI/Insights/other innovative tools.
Ensure that reporting deadlines are met to the finance team and stakeholders by adhering to set deadlines.
Manage, track and reconcile spend on training, local area marketing and donations to ensure compliance with relevant department's policies and/or standards.
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.
Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.

Essential Qualifications

NQF Level
Matric / Grade 12 / National Senior Certificate
Advanced Diplomas/National 1st Degrees

Preferred Qualification

Bachelor of Commerce: Honours
Accounting
Minimum Experience Level years in financial management preferably in the financial services industry.
Technical / Professional Knowledge
Administrative procedures and systems
Data analysis
MIS
Power BI and/or Other Automation tools skills
Banking procedures
Cluster specific operations
Governance, Risk and Controls
Relevant regulatory knowledge
Relevant software and systems knowledge
Business writing skills
Microsoft Excel
Microsoft Powerpoint

- **_Please contact the Nedbank Recruiting Team at _