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.
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Job Summary
To prepare financial information for all stakeholders of the business for informed decision making and to support the business.Job Description
Business Performance Management:
- To monitor actual performance of ABSL against target, analyse variances, both on an entity and on a functional basis.
- To provide country & functional financial management information to function heads, including commentaries on variances to ensure business functions are accountable for their performance.
- To respond to routine and ad hoc information requests from Finance Management/ Function head regarding business performance.
- To work on scenarios to produce reports that enable the quantification of impact of changes in economic variables (interest, exchange, inflation) on our performance
- To recommend actions to management on how to improve performance and cost reduction, where necessary.
- To support the business in the production of specific technical elements of Management Accounts including Regulatory & Statutory Reporting and the provision of core ongoing accounting operations, like monitoring the recharges, accrual process and General Ledger control.
- To provide an updated annual/half yearly/one-month forecast of performance against budget
- To help in any Finance related activities as and when directed by FD and AR FDS.
Decision Support:
- To help produce the financial business case for investment projects in ABSL and to monitor benefits by gathering data and calculating costs, benefits and returns.
- To provide support and analysis on a range of technical issues in connection with the Financial and Management Accounts e.g. variance/trend analysis (actuals v budget) makeup of specific income, costs, assets, liabilities etc, and their key drivers, identify and raise management concern on areas of concern/ pressure points.
Strategy & Planning:
- Undertake key elements of strategic management activity, involving the identification of how value is created, destroyed and driven in the function.
- To take ownership of MTP/STP/RAF process.
- Support management in identifying areas of opportunities, threats, risks & challenges within Banking & competitor environment, by providing both financial & non-financial information.
Financial Control
- To challenge plans to commit costs, identifying areas for cost efficiency and managing the delivery of benefits
- Participate/challenge on FTP, cost allocation and cost apportionment process and methodologies to ensure a fair distribution of economic benefits & costs across functions.
- Support audit process by reviewing audit schedules and liaise with auditors regarding performance & financial statements.
- Support finance management in initiatives for improvement in control within the dept by helping in DRCAs and Process Map reviews.
Staff Management
- Develop financial skills and business knowledge of Finance Analysts through coaching and on-the-job training.
- Keep up to date with changes in financial environment and standards by attending training sessions, workshops and conferences.
Education
Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)Skills Required
- Bachelor's degree or Advanced Diploma in Financial Sciences
- Experience producing Management Accounts and Regulatory & Statutory Reporting
- Financial analysis, variance/trend analysis, forecasting and scenario modelling skills
- Ability to prepare financial business cases and monitor benefits
- Experience with cost allocation, FTP methodologies and financial control processes
- Experience coaching or developing junior finance staff
Absa Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Absa Group and has not been reviewed or approved by Absa Group.
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Healthcare Strength — Medical aid, group life, disability, and funeral cover are described as comprehensive, with features such as terminal‑illness advances and beneficiary grocery benefits. Wellness and assistance offerings support overall financial and personal wellbeing.
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Retirement Support — A pension fund and group retirement arrangements are positioned as core benefits within fixed remuneration. Retirement coverage is embedded alongside other protections as part of standard employment.
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Equity Value & Accessibility — Employee share‑ownership (eKhaya) and equity‑linked awards broaden wealth‑sharing, with dividends or cash‑equivalent participation in some markets. This provides longer‑term value beyond base pay.
Absa Group Insights
What We Do
Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
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