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  • Senior Manager: Finance - Johannesburg - Absa Group

    Absa Group
    Absa Group Johannesburg

    2 weeks ago

    Default job background
    Description
    Empowering Africa's Tomorrow, Together...

    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

    To develop tactical strategy and delivery plans, formulate associated practice, and ensure operational implementation and adoption across a single practice i.t.o. finance methodology, governance, and delivery objectives.

    Job Description

    Financial Reporting:

    1. Prepare financial reports, both management and adhoc, by coordinating the execution of day-to-day and general accounting functions in order to enable decision making.
    2. Present monthly reports by ensuring completeness, accuracy, and relevance of information to be presented to enable Group Finance Management Team to make informed decisions. Prepare, sign off, and discuss short-term plan (STP), medium-term plan (MTP), and rolling forecast (RAF) and budgets with relevant stakeholders to enable consolidation into Finance forecast and budget.
    3. Work with team to consolidate financial plans generated by MTP, STP, and RAF and sense check consolidations prior to recommending for approval by Head of Group Finance.
    4. Provide advice and support to management on financial risks that might have an impact on profitability by discussing at regular intervals all financial related matters.

    Financial Control and Compliance:

    1. Sign off on quarterly supplementary schedules and attestation to Group Finance prepared by relevant staff in prescribed format.
    2. Maintain appropriate internal controls in line with Absa group policy by reviewing regularly all variance reports and other reports where applicable. Interact with Internal and External Audit team and provide necessary information as and when required. Ensure cost centre managers comply with all regulations and policies when reflecting financial position of business.

    Stakeholder Management:

    1. Communicate financial policies, procedures, standards, and guidelines to Senior Business Manager and Group Finance Management Team. Support projects by developing financial component of business case created by management team to actively track and change benefits and costs of project. Provide strong support to operational team by having regular meetings to share financial performance.

    Executive Administration:

    1. Prepare key themes, presentations, and reviews for Senior Business Manager and assist with detailed content when required.
    2. Ensure presentations are packaged to reflect business unit's brand and Senior Business Manager's preferred style.
    3. Screen requests for meetings or events to be attended by Senior Business Manager and determine which ones would be appropriate for personal attendance and which ones should be delegated to other managers in business unit.
    4. Sign off proposals, quotes, invoices, etc., based on mandate delegated by Senior Business Manager.

    Preferred Requirements:

    1. Financial Management or Accounting Degree
    2. Min 5-year banking experience
    3. Transfer pricing and costing knowledge
    4. Preference for CA (SA) or CIMA

    Education:

    Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

    Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to diversity of the Bank.

    Absa Bank Limited reserves the right not to make an appointment to the post as advertised.


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