Finance Executive RRB

Job Req

126924

Closing Date

12 June 2023

Career Stream

Accounting

Location

Sandton

Job Purpose

To create and ensure sustainability of Clusters fi nancial function relevant to Relationship Banking through the execution of strategic and operational fi nancial management processes and activities in order to achieve Nedbanks strategic objectives.

Job Responsibilities

Provide relevant and meaningful management information to support decision making processes according to all relevant technical standards, Bank policies and procedures per timelines required.

Provide relevant monthly financial management reports to all relevant stakeholders on time.

Provide stakeholder support and technical expertise as required.

Identify improvement (revenue and cost savings) opportunities and review and provide guidance and support to executive management teams.

Align financial and business decisions to Cluster strategic objectives.

Compile and evaluate budgets, rolling forecasts and three-year plans that are aligned to Cluster strategy. Align financial and non-financial targets across the Clients segments where necessary; Align GOI uplift targets to sales, cross sales and other targets across all client segments.

Ensure GCC goals and deliverables align to Cluster CFO GCC and align across your team.

Implement and monitor accounting processes, policies and procedures as well as systems of internal control under your area of responsibility to ensure compliance and that they run seamlessly on a daily, weekly and monthly basis.

Build financial models to be used for scenario planning and opportunity evaluation

Conduct research and benchmark best practices, legislation and industry standards where required

Regularly engage with clients to build and maintain relationships

Encourage inter- and intra-Cluster collaboration

Provide external stakeholders formal and informal knowledge sharing and feedback

Implement a strategy to build a differentiated culture by analysing relevant surveys and information and align to greater Finance team/Cluster culture plan where necessary.

Measure the effectiveness of differentiated culture plan through staff and client feedback and develop and implement corrective action plans.

Develop and introduce a people strategy that will create a culture that drives the Cluster and Nedbanks vision and values

Manage resources and retention of critical staff. Ensure that leadership-relevant strategies and plans have been communicated and implemented by direct reports.

Manage performance by taking corrective action; recognise and reward staff as required

Design and implement active talent management and succession planning across area of accountability

Participate in the recruitment and selection of senior staff

Hold managers accountable for developing their staff and themselves

Coach and mentor team to make decisions and recommend tailored solutions to Business Unit specific problems

Monitor implemented divisional EE and transformation plan and target achievement

Analyse deviations from divisional EE and transformation plan and ensure recommended corrective action is appropriate and implemented

Essential Qualification