To apply, click on the link at the end of the posts and all the best with your applications.

Islamic Balance Sheet Management Head

Job Description

Hello Future Islamic Balance Sheet Management Head

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our team in FNB COMMERCIAL (Islamic Banking) , you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

We have the below role within the organisation, the main purpose of the role is to develop and execute tactical treasury plans for Islamic Banking across FirstRand (FR) jurisdictions and to provide assurance to the FR Group that prudential and fiduciary compliance matters related to Islamic Banking funding and investment requirements, capital management, and liquidity management are addressed and optimally managed while adhering to Shari’ah principles.

​Are you someone who can:

• Execute tactical treasury plans: Develop tactical plans to execute and report against Islamic Banking treasury strategy as approved by FRG Management and Board. This includes; Capital adequacy management – ICAAP, CAR and stress testing, Liquidity management – CR, LAR, LCR, NSFR and liquidity risk appetite, Authorised dealer licence in foreign exchange, National payment system management – RTGS and Swift, SIRESS and CLS
• Manage and monitor treasury operations and investment by maintaining a system of policies and procedures that support appropriate control of Islamic Banking treasury activities across Retail, Commercial, Corporate, and International.
• Continuously monitor and adjust overall capital demand and supply taking into consideration perspectives such as book equity based on IFRS accounting standards, regulatory and economic capital as well as specific capital requirements from the reserve bank and rating agencies.
• Identify, assess, and manage financial risks including market, credit, and operational risks.
• Identify, assess, and manage risks associated with the bank’s balance sheet, including interest rate risk, liquidity risk, and funding risk.
• Implement risk mitigation strategies in accordance with Islamic finance principles.
• Satisfy prudential, governance and risk management requirements for the Islamic Banking treasury function of FirstRand.
• Ensure that Islamic Banking Treasury operations are conducted in a Shari’ah Compliant manner and adhere to the approval requirements of the FirstRand Shari’ah Advisory Committee.
• Prepare and submit reports to regulatory authorities and the Shariah Advisory Committee.
• Ensure sufficient Shari’ah Compliant profit is available for depositors.
• Manage excess liquidity by deploying funds in a diverse range of Shari’ah Compliant solutions.
• Cater for Tawaruq requirements to enable Islamic unsecured advances.
• Advise management and make appropriate recommendations related to sound capitalisation and investments from an economic and regulatory perspective, using comprehensive short- and long-term scenario plans.
• Monitor and enforce effective control, governance and compliance procedures throughout area of specialisation to prevent and reduce financial wastage.
• Develop cost efficient commodity structures (i.e. Murabaha) required to enable the Islamic Banking business in and across countries (i.e. South Africa and Botswana).
• Oversee funding operations, including the issuance of Islamic bonds (Sukuk) and other Shari’ah compliant financing instruments.
• Build and maintain relationships with key internal and external stakeholders that promote cross delivery process and practice solutions.
• Manage people by executing line manager responsibilities and create an environment that encourages employee growth and performance excellence

The ideal candidate will have:

• Bachelor’s degree in Finance, Accounting, Economics or related field
• Preferred: Post Graduate Chartered Financial Analyst (CFA) or Actuary qualification
• Preferred: Qualified Islamic Finance Practitioner

Year’s of experience

• 10+ years of treasury experience with a strong background in Islamic finance

Knowledge and Skills

• Understanding of Islamic Finance Capital Management
• Comprehensive understanding of Islamic financial instruments and products, derivatives, hedging, investments, bank account management, and international funds flows
• In-depth knowledge of Shariah principles and regulatory requirement
• Understanding of Islamic financial concepts
• Building strategic relationships / networking
• Developing people
• Influence and impact
• Commercial and financial acumen
• Business insight and risk awareness
• Participative leadership
• Problem solving
• Tolerance of ambiguity

Accountant

Job Description

Analyze financial reports as well as interpret the current and projected company financial position Co-ordinate the budget process and variance reporting by making use of predictive modelling

Prepare reports and financial statements in line with accounting practices

Hello Future Accountant

Welcome to FNB, where we believe help is at the heart of human greatness. Our vision is to be a great business helping to create a better world.

As part of our talent team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change. 

Are you someone who can:

• Control expenditure and identify process improvements to contain and reduce costs.
• Creates solutions to meet customer demands and deliver internal and external customer service excellence through adherence to quality service standards.
• Ensure development and continuous value add improvement to operational processes.
• Compile financial reports that adhere to financial reporting guidelines as set out by FirstRand.
• Perform financial analysis and planning to ensure accurate financial data against budget.

You will be an ideal candidate if you:

• Relevant Financial Management / Accounting Degree or Advanced Diploma
• Have 3 – 5 years’ experience in a similar environment of which 1 – 2 years ideally at a junior specialist level.

You will have access to:

• Opportunities to network and collaborate
• Challenging Working
• Opportunities to innovate

We can be a match if you are:

Courages – We’ve built a culture of bravery by speaking our minds and encouraging others to do the same.

Always doing the right thing – Fight for ethical conduct and transparency, both inside and outside

Curious – Believe in insight, creativity, and its power to unlock value

Deeply Invested – Take initiative and be a leader in your own right

Valuing differences – Be inclusive, gracious, decent, and humble

Building Trust not Territory – Crete a culture of sharing

Financial Manager I

Job Description

To partner with the business in the provision of financial advice and support to increase operational quality, through the
execution of financial services as per agreed standard operating procedures.

Hello Future Finance Manager I

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our eBucks Finance team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change. 

This role will report to the Senior Financial Manager; and will be responsible for the coordination and supervision of the daily efforts of the reporting team; and to ensure accurate and timely financial reporting for eBucks and Slow Pty. They will also serve as a business partner providing any financial advice, support and insights required to enable decision making.

Are you someone who can:

• Partner with stakeholders in the provision of financial insights and guidance into the operational and general decision making and debates.
• Monitor and coach behaviours that ensure a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
• Manage and monitor the applications and effectiveness of the business’s financial information systems.
• Coordinate the budget preparation and manage the process throughout the budget period in accordance with guidelines and assumptions. Monitor and report variance analysis to support decision making and guide management in taking corrective action on budget variances.
• Record, interrogate and manage costs with associated drivers in the production, analysis and use of information for decision-making in the business.
• Plan and apply relevant principles to accurately record, adjust and reconcile financial transactions and events.
• Maintain appropriate supporting documentation according to professional financial accounting and reporting standards.
• Prepare and report on the business’s operations and financial conditions. Manage the business unit reporting systems for management, project or performance reporting and implement optimal processes to deliver management information according to the reporting cycle.
• Maximise productivity through efficient planning of people and processes to drive optimal utilisation of available resources; identify and implement improvements to accounting and reporting processes.
• Manage the interrelationships between various systems, data and other resources to ensure effective project planning and delivery.
• Review and prepare tax returns to ensure accuracy, completeness, and compliance with applicable tax legislation and regulation; provide advice and solutions to business tax matters.
• Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.
• Plan and manage performance, skills development, succession and talent management and culture of team in order to improve performance and competence.
• Continuously assess own performance, seek timely and clear feedback and request training where appropriate.

You will be an ideal candidate if you possess:

• Qualification – Qualified CA
• Experience – 3 to 5 years of working experience in financial field post qualification
• Additional Knowledge – Experience in financial services industry
• Essbase and Hyperion financial management experience (an advantage)
• Dynamics Great Plains experience (an advantage)
• Advanced Excel knowledge and experience

You will have access to:

• Opportunities to network and collaborate
• Challenging Working enviroment
• Opportunities to innovate

We can be a match if you are:  (Behavioural attributes)

• Curious & courageous – you’re driven by always wanting to know more and learn more and you’re brave enough to
• Obsessed with mastery – you know what it takes to become good at what you do and are constantly pushing yourself to do it

Finance Manager

Job Description

Dear Future, Financial Manager

The role requires you to partner with the business in the provision of financial expertise and advice and develop supporting processes that continuously enhance the delivery of financial services.

 Are you someone who can:

• Partner with stakeholders in the provision of financial insights and guidance into the operational and general decision making and debates.
• Monitor and coach behaviours that ensure a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
• Manage and monitor the applications and effectiveness of the business’s financial information systems.
• Coordinate the budget preparation and manage the process throughout the budget period in accordance with guidelines and assumptions. Monitor and report variance analysis to support decision making and guide management in taking corrective action on budget variances.
• Record, interrogate and manage costs with associated drivers in the production, analysis and use of information for decision-making in the business.
• Plan and apply relevant principles to accurately record, adjust and reconcile financial transactions and events.
• Maintain appropriate supporting documentation according to professional financial accounting and reporting standards.
• Prepare and report on the business’s operations and financial conditions. Manage the business unit reporting systems for management, project or performance reporting and implement optimal processes to deliver management information according to the reporting cycle.
• Maximise productivity through efficient planning of people and processes to drive optimal utilisation of available resources; identify and implement improvements to accounting and reporting processes.
• Manage the interrelationships between various systems, data and other resources to ensure effective project planning and delivery.
• Review and prepare tax returns to ensure accuracy, completeness, and compliance with applicable tax legislation and regulation; provide advice and solutions to business tax matters.
• Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.
• Plan and manage performance, skills development, succession and talent management and culture of team in order to improve performance and competence.
• Continuously assess own performance, seek timely and clear feedback and request training where appropriate.

You will be an ideal candidate if you:

• Finance Degree
• Preferably a Qualified CA
• 3 to 8 years working experience.

Financial Manager

Job Description

To partner with the business in the provision of financial expertise and advice and develop supporting processes that continuously enhance the delivery of financial services.

Hello Future Finance Manager II 

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.  

As part of our Central Reporting talent team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.   

Are you someone who can:  

• Partner with stakeholders in the provision of financial insights and guidance into the operational and general decision making and debates. 
• Monitor and coach behaviours that ensure a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service. 
• Manage and monitor the applications and effectiveness of the business’s financial information systems. 
• Coordinate the budget preparation and manage the process throughout the budget period in accordance with guidelines and assumptions. Monitor and report variance analysis to support decision making and guide management in taking corrective action on budget variances. 
• Record, interrogate and manage costs with associated drivers in the production, analysis and use of information for decision-making in the business. 
• Plan and apply relevant principles to accurately record, adjust and reconcile financial transactions and events. 
• Maintain appropriate supporting documentation according to professional financial accounting and reporting standards. 
• Prepare and report on the business’s operations and financial conditions. Manage the business unit reporting systems for management, project or performance reporting and implement optimal processes to deliver management information according to the reporting cycle. 
• Maximise productivity through efficient planning of people and processes to drive optimal utilisation of available resources; identify and implement improvements to accounting and reporting processes. 
• Manage the interrelationships between various systems, data and other resources to ensure effective project planning and delivery. 
• Review and prepare tax returns to ensure accuracy, completeness, and compliance with applicable tax legislation and regulation; provide advice and solutions to business tax matters. 
• Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared. 
• Plan and manage performance, skills development, succession and talent management and culture of team in order to improve performance and competence. 
• Continuously assess own performance, seek timely and clear feedback and request training where appropriate. 
• Manage and review monthly the statutory reporting process
• Liaising with external auditors and managing their requests

You will be an ideal candidate if you possess: 

• Qualification - Qualified CA
• Experience – 3 to 5 years of working experience in financial field post qualification 
• Additional Knowledge - Experience in financial services industry 
• Experience in Statutory Reporting
• Experience in Financial Reporting

You will have access to:

• Opportunities to network and collaborate 
• Challenging Working enviroment 
• Opportunities to innovate 

We can be a match if you are: 

Obsessed with mastery – you know what it takes to become good at what you do and are constantly pushing yourself to do it  

Curious & courageous – you’re driven by always wanting to know more and learn more and you’re brave enough to  

Financial Accountant

Job Description

To provide operational financial direction to business units The role includes implementing and enhancing the accounting workflow systems and processes within business while ensuring financial controls and procedures are followed and adhered to for various internal and external stakeholders In addition, the role includes compiling statutory, regulatory and management reporting for corporate bank

You will be an ideal candidate if you:

• Are a CA(SA) (Preferred) or relevant Hons degree
• Financial Services / Banking experience

 Are you someone who can:

• Understand the trading desk markets and products including accounting for these
• Ongoing assessment of business process efficiencies
• Identifying areas for improvement.
• Work with stakeholders from different business units
• Bring new ideas and innovative ideas to established processes
• Ensuring all Financial and Management reporting and other deadlines are met
• Engage with internal and external auditors

You will have access to:

• Opportunities to network and collaborate
• Challenging Working
• Opportunities to innovate and add value to reports sent to front office
• Engage in cross-functional relationships to obtain and to provide work support
• Build relationships that allow for sharing of knowledge and diverse insights

We can be a match if you are:

• Have an analytical mind
• Quick learner
• Team player
• Problem solver
• Curious & courageous – you’re driven by always wanting to know more and learn more and you’re brave enough to
• Obsessed with mastery – you know what it takes to become good at what you do and are constantly pushing yourself to do it

Click here to apply

All the best with your applications