Job Purpose
To analyse; interpret; collate and present financial and non-financial information in order to drive strategy; enable decision making and support Nedbank Business Units. This role is in Nedbank CIB Markets within the Finance team.
Job Responsibilities
Manage the balance sheet effectively by ensuring that assets and liabilities are appropriately accounted for.
Manage the income statements effectively by ensuring that income and expenses are appropriately accounted for (e.g. reviewing and ensuring accuracy of the general ledger accounts).
Report on the consolidated Financial results and position by compiling, interpreting and presenting management packs.
Accountability and responsibility for budgeting, forecasting and business performance analysis.
Ability to analyse large amounts of data from different sources.
Monitoring of costs and preparation of cost reports including cost breakdowns, cost variance analysis and projections for management and stakeholders.
Assist in the achievement of Business As Usual (BAU) and strategic initiatives through accurate budgeting and forecasting.
Build and maintain collaborative business relationships and have an understanding of the business strategy and operations through ongoing engagement with stakeholders.
Drive continuous process efficiencies, improvements, and controls.
Maintain financial independence and integrity by adopting a sound level of objectivity in all practices.
Ensure that the financial and business information adheres to audit requirements and is easily available for review by embedding good internal control processes.
Provide management with meaningful information to make informed decisions through scenario planning, business case preparation or review and conducting feasibility studies.
Provide ongoing support to stakeholders by addressing ad hoc queries and requests.
Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
Identify training courses and career progression for self through input and feedback from management.
Ensure all personal development plan activities are completed within specified timeframe.
Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
Proficiency in SAP, Power BI, Ariba, Excel (advanced).
Job Responsibilities Continue
Essential Qualifications - NQF Level
- Professional Qualifications/Honours Degree
Chartered Accountant, CIMA, equivalent finance related degree
Minimum Experience Level
5+ years' experience in an accounting role
Cost management experience would be advantageous.
Technical / Professional Knowledge
- Banking procedures
- Business principles
- Business writing
- Cluster specific operations
- Governance, Risk and Controls
- Principles of financial management
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Research methodology
- Decision-making process
- Applied Learning
- Communication
- Decision Making
- Work Standards
- Managing Work
- Technical/Professional Knowledge and Skills
