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
To prepare financial information for all stakeholders of the business for informed decision making and to support the business. A Finance Commercial Business Partner plays a crucial role in providing financial insights, analysis, and strategic support to drive business performance. Their primary responsibility is to act as a strategic advisor to operational and commercial teams while ensuring financial goals align with broader organizational objectives. Some of the key responsibilities would include the following:
Job Description
1. Strategic Business Partnering
- Collaborate with senior management and department heads to develop financial strategies and support decision-making.
- Provide commercial insights and recommendations to optimize revenue, control costs, and enhance profitability.
- Act as a bridge between finance and operational teams, ensuring alignment of financial goals with business objectives.
2. Financial Analysis and Reporting
- Lead the preparation and delivery of financial forecasts, budgets, and long-term strategic plans.
- Analyze financial and operational performance, identifying trends, risks, and opportunities.
- Prepare monthly and quarterly financial reports with clear commentary on variances and performance metrics.
- Analyse MI and customer insights to the business on a monthly basis.
- Analyse key KVD's and provide insights to the business to drive business performance.
- Prepare monthly commercial packs and analyse variances and provide insights to the business.
3. Decision Support
- Evaluate business cases, capital investment projects, and pricing strategies.
- Perform cost-benefit analysis and recommend actions to improve financial performance and cist efficiencies in the business.
- Provide scenario modeling and sensitivity analysis to support key business decisions.
- Review the commercial impairments and understand the key drivers and analyse the movements on a monthly basis.
- Review RWA's on a monthly basis and large movements of key clients and provide insights to the business
4. Commercial Strategy
- Support the development and execution of commercial strategies, such as product launches, market expansion, and sales initiatives in the various regions.
- Work with the MI teams to start building the customer profitability insights to drive the correct pricing decisions and strategies.
5. Risk Management and Compliance
- Identify and mitigate financial risks within the business.
- Ensure compliance with financial regulations, internal controls, and company policies.
6. Stakeholder Communication
- Present financial insights to the regions and commercial Exco.
- Build strong relationships with internal and external business stakeholders, fostering trust and collaboration.
This role requires strong analytical skills, commercial acumen, and the ability to influence stakeholders across various levels of the organization
Education
Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the 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 the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
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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.
