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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 provide the senior management team with an insightful knowledge of the bank’s business drivers through robust and challenging analysis and proactive approach to improving quality of management information analysis. The incumbent will act as a focal point for communication between Finance and other departments / clusters within the bank and Group Finance on budget and performance issues, identify cost drivers and recommend cost control / management initiatives as well as leading the business analytics team.
Job Description
- To co-ordinate preparation of the bank’s medium-term plan and budgets including providing management with analytical support to enable them to prepare and submit quality budgets within agreed periods.
- To challenge functional budgets thereby ensuring that they are realistic and stretching.
- To ensure capital budgets are adhered.
- Ensure functional and Group cross working in Country and with Group and Cluster Teams.
- To agree key budget assumptions and to prepare the budget timetable.
- Prepare Country Management Committee and Board packs on performance assessment against set budgets.
- Effective presentation of detailed business performance analysis through production of monthly management accounts.
- Support and constructively challenge monthly results, forecasts and plans for each of the business line.
- Perform ad hoc analysis within set deadlines and as requested by senior management.
- Identify value adding initiatives in conjunction with Chief Financial Officer and other business leaders in other functions.
- Provide accurately segmented information on income, costs, and balance sheet to satisfy internal and external functional needs.
- Prepare and submit / forward Ml requests from Country Management Committee members and Group Finance within agreed deadlines and to ensure the information meet the highest standard.
- Recommend system enhancements to strengthen financial management systems.
- Managing group reporting that falls under planning and performance management
- Manage risk and control effectively by applying applicable risk frameworks and embedding a positive risk culture.
- Understanding of own role in the end-to-end processes in which you play a part, including applicable risks and controls.
- Adhere to Absa’s policies and procedures applicable to own role, demonstrating sound judgment and responsible risk management.
- Report all risk events / incidents / issues using the defined process for your business area and help to understand why these happened and how to prevent them in future.
- Proactively look for ways to improve the control environment by considering what could go wrong in the processes you operate and how errors could be prevented.
- Continuous and proactive engagement with regulatory bodies, unions where applicable
Education
Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)
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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.
