Jnr Analyst Financial Planning - Sandton, South Africa - Absa Bank Limited

Absa Bank Limited

Verified Company

Sandton, South Africa

1 week ago

Posted by:

Thabo Mthembu

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Description

Empowering Africa's tomorrow, together one story at a time.

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 is a specialist planning role.

The Planning team, a sub-team within Group FP&A, is responsible for:

overall financial planning across Absa Group (preparation and review of forecasts and short-and medium-term budgets that inform the Integrated Plan)

- analysis of competitors, trends, revenues, new products/businesses etc
- preparation of briefing notes for annual results presentations
- ad hoc analysis and research, often related to presentations to Exco and other senior management

This role supports the preparation of these key deliverables and provides analysis and inputs into these processes.

Job Description:

Key Accountabilities

Assist the team in team executing the following deliverables to Exco and other members of senior management:

Project management and analysis of key planning deliverables throughout the year: RAF, STP, Stress Testing and Integrated Planning outputs
Competitor analysis
Research projects gathering financial data and creating insightful, decision useful analysis and thought pieces
Results presentations at half year and year end
Other ad hoc projects and presentations
Financial scenario analysis and stress testing
Consolidating financial information for senior management
Attend meetings to assist executives to understand and complete their tasks to achieve team

- goals

Ad-hoc requirements/submissions:

Execute adhoc queries on a daily basis that are dependent on external and internal requirements and vary considerably throughout the year.
Attend various committee meetings in which one will use their understanding of margins, impairment trends or economic understanding to provide a valuable contribution. In some instances the contribution will be on a discussion basis and in others a submission to the committee is required.
Perform analysis and make recommendations on Balance sheet optimisation
Provide other departments (Efficiency office, office of the CEO, treasury etc) with a range of information (analysis, forecasts, and actual financial data etc) to perform their respective tasks. The information supplied may need to be package in a different format to make it relevant for their respective needs. An understanding of the rollup structures within the Absa Business and good financial understanding is vital in this instance so as to avoid misrepresenting information.

Cluster Relationship Manager (CRM) roles:

Provide analysis support relating to role to respective cluster through submissions, due dates and planning Interact with and supply guidance to Business units on a daily basis

Perform all other duties as reasonably assigned.

Role/Person Specification

Qualifications and experience: