Absa Financial Management Vacancies

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

Senior Manager Finance

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 SummarySpecific Role Purpose: The purpose of this role is to execute on performance and analytical processes that enables management of the Channel Infrastructure and Change business performance to achieve financial and non-financial goals, forecasting the impact of actual performance, identifying the key value drivers and understanding the actions required to bridge between forecast and actuals. Tracking the performance of initiatives. This role is responsible for developing financial models (as and when required) that tracks the performance of current partners and assesses the commercial viability of new partnerships against a firm framework. Information gathering for market analytics and insights around best practice, efficiencies and competitor and market trends. In addition, this role is responsible for managing the overall financial planning cycle process for Channel Infrastructure and Change.
The Finance Manager provides tactical and practice leadership in the end-to-end financial management of business, including deep dive analytics, generating management reports, statutory compliance, scaling automated financial processes to crafting financial solutions aligned to business financial health and growth objectives within his/her function of the BU.
The Finance Manager of the business enables achieving the operational objectives of the business by building an agile finance enablement to transform, to bring stewardship, financial integrity & insights to the current state of the business & its future possibilities to deliver on the new operating model and to achieve the business strategy objectives set by Absa Africa United for RBB.
The Finance Manager co-creates Finance capabilities required to lead to exponential growth and business effectiveness.

Job Description

Commercial Finance Execution Accountabilities

• Responsible for tactical and practical finance operations relevant to optimize the function to enable business to achieve growth and profitability objectives.
• Ensure that the CFO is appraised of key financial issues that need to be raised with executive leadership to enable integrity and timely management the BU.
• Creating unprecedented, seamless customer experiences via finance BU enablement.
• Embrace our distinctive brand aspiration and infuse in business.
• Identification and innovating global best operating practices to optimize the function.
• Drive continuous process efficiency, financial rigor and controls. Pioneer and implement Finance best practices, digital solutions and effective change enablement. Contribute to building a scalable, digitally-led business.
• Deliver on tactical solutions to achieve cost management objectives.
• Adopt what’s ‘best for absa’ approach in finance practices.
• Take an eco-system view of business, that is, geography, customer, channel and product in consulting with business.
• Book of work contribution: Build innovative finance business case and benefits tracking’s’ solutions to ensure alignment of core business with future business objectives to appropriately inform management decisions.
• Influence optimal and compliant control environment within business unit that appropriately balances risk appetites and customer demand with the need to grow to achieve the financial ambitions and balance sheet aspirations of RBB.
• Contribute to the effectiveness of the core finance processes for RBB Finance (annual planning, forecasting, spend trajectory and reporting).
• Contribute to innovative performance measurement solutions and partner with the business leaders to evaluate their productivity, enable wise resource allocation, and drive intelligent scenario planning.
• Influence a commercial leadership context by presenting business performance in the context of profitability analysis and markets/segments/customers/products to help drive financial growth. Drive the themes of customer value and revenue.
• Influence integration of Treasury, Risk, and Finance from a BU perspective.
• Influence the build of a leading global payments hub, where applicable.
• Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity.
• Be an active force for good in society through business execution.
• Contribute to BCM & cybersecurity processes relevant to the BU and finance execution.

Financial Reporting Accountabilities

• Build trust in the finance function through the creation of a single source of financial information which is corroborated by related management information sources.
• Develop innovative easy to comprehend progress reports for leaders on their strategic agenda, short-term and long-term plans and investments, operational success metrics, efficiencies, risks and mitigations.
• Embed the correct governance and control frameworks across the Finance team, as well as for proactively addressing any deficiencies and exceptions.
• Critically assess underlying operational and financial performance in the context of key underlying business drivers and provide leadership with commercial insight into performance.
• Seek advanced modelling and analysis capability to provide actionable intelligence, beyond data within the function.
• Develop finance narratives and insights driving business; and build pioneering new propositions.
• Ensure appropriate, quality and timeous delivery of accurate financial and non-financial management information to support business objectives and expectations, including appropriate financial and non-financial metrics, valid and insightful comments and packaging the information in a relevant and appropriate manner.
• Deliver reporting reflecting deep commercial, holistic understanding, coherency, clarity, and contextualisation. Tell the story with passion and conviction.
• Provide thought-leadership, insight, influence and challenge on evolving stakeholder information requirements and reporting processes to deliver analytics.
• Align to processes around month-end, year-end and planning cycles across the RBB finance community and BU based on the requirements from Group. Prepare for all cycles in advance and ensure adequate engagement with the relevant finance and BU teams.
• Manage the production of regular, high quality, standardised financial and non-financial reporting and analytics to Business and Finance; and focus on effective collaborative stakeholder hand-offs in the production.
• Have regular feedback review sessions with key stakeholders to obtain feedback on current outputs produced and to understand requirements for any new requirements.
• Regularly review all outputs produced by the team to ensure that they are still relevant and consistent with stakeholder requirements.
• Proactively challenge the team to identify areas in which the content, presentation or delivery of the outputs delivered by the team can be improved or made more efficient.

People Investment Accountabilities

• Peer responsibility: Coach, inspire, engage, mentor and develop finance and business savvy leaders.
• Play to our A-Game culture of Culture of inclusivity, diversity, entrepreneurship, and ownership.
• Network with finance colleagues across GFD and create awareness of challenges, opportunities and issues and encourage collaboration
• Focus on Finance skills evolution and remaining relevant.
• Embrace the value of finance partnership in Big Data, Advanced Analytics, mergers and acquisitions, and partnerships into the core of our business.
• Influence industry thought leadership to create industry benchmark standards.
• Help build BU leadership capability by influencing deep understanding of income statement, balance sheet, margin returns, variance analysis, capital and liquidity requirements, revenues, assets, liabilities and capital, expenses, headcount analytics and other key ratios through relevant engagement.

Role / Person Specification

• Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+), CA (SA) or CIMA or MBA qualification preferred.
• 4+ years professional financial management experience
• 4+ years Banking Experience at a management level
• Knowledge and skills:
• Experience in executing finance processes.
• Experience in commercial innovation environments
• Broad Finance including strategic, commercial, legal, risk and operational aspects
• Understanding of the financial services sector within a professional business environment
• Knowledge of building collaborative work environments

EducationPostgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

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Jnr Analyst Financial Planning & Analyst

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 SummaryThe Planning team, a sub-team within Group FP&A, is responsible for overall financial planning across Absa Group (preparation and review of forecasts and short-and medium-term budgets that inform the Integrated Plan). Analysis of competitors, trends, revenues, new products/businesses etc. Preparation of briefing notes for annual results presentations. Ad hoc analysis and research, often related to presentations to Exco and other senior management

This role supports the preparation of these key deliverables and provides analysis and inputs into these processes.

Job Description

Accountability: Assist the team in team executing the following deliverables to Exco and other members of senior management:

• Project management and analysis of key planning deliverables throughout the year: RAF, STP, Stress Testing and Integrated Planning outputs
• Competitor analysis
• Research projects – gathering financial data and creating insightful, decision useful analysis and thought pieces
• Results presentations at half year and year end
• Other ad hoc projects and presentations
• Financial scenario analysis and stress testing
• Consolidating financial information for senior management
• Attend meetings to assist executives to understand and complete their tasks to achieve team
• goals

Accountability: Ad-hoc requirements/submissions

• Execute ad-hoc queries on a daily basis that are dependent on external and internal requirements and vary considerably throughout the year.
• Attend various committee meetings in which one will use their understanding of margins, impairment trends or economic understanding to provide a valuable contribution. In some instances the contribution will be on a discussion basis and in others a submission to the committee is required.
• Perform analysis and make recommendations on Balance sheet optimisation
• Provide other departments (Efficiency office, office of the CEO, treasury etc) with a range of information (analysis, forecasts, and actual financial data etc) to perform their respective tasks. The information supplied may need to be package in a different format to make it relevant for their respective needs. An understanding of the roll-up structures within the Absa Business and good financial understanding is vital in this instance so as to avoid misrepresenting information.

Accountability: Cluster Relationship Manager (CRM) roles

• Provide analysis support relating to role to respective cluster through submissions, due dates and planning Interact with and supply guidance to Business units on a daily basis

Perform all other duties as reasonably assigned.

• Peer responsibility: Engage and develop finance and business savvy leaders.
• Play to our A-Game culture of culture of inclusivity, diversity, entrepreneurship, and ownership.
• Network with finance colleagues across Group Finance and create awareness of challenges, opportunities and issues and encourage collaboration
• Focus on Finance skills evolution and remaining relevant.

Qualifications and experience:

• B-degree in Accounting/Financial management (NQF level no.6)
• 3 years Technical experience

Knowledge and skills:

• Basic Financial Accounting
• Analytical skills
• Self-driven and good interpersonal skills
• Attention to detail
• Deadline driven
• Advanced Excel and PowerPoint skills

Preferred:

• Knowledge of financial markets
• Knowledge of economics

Competencies:

• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating

EducationBachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)

Click here to apply

Specialist AC Process Executor

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 SummaryFinancial Control is responsible for ensuring that Absa Africa fulfils its financial, statutory and regulatory reporting requirements, while ensuring compliance with accounting, regulatory and balance sheet control policy. Financial Control comprises the following areas: Accounting Control, Reporting & Analytics, Policy Governance & Controls, Technology Enablement, Cluster Control and Technical Accounting. Financial Control serves as the Group’s primary interface with the auditors and regulators.

Accounting Control owns the processes that enables sustainable, accurate and timeous financial information in support of reporting to external and internal stakeholders. The individuals will operate in the key processes in Accounting Control.

Job Description

Accountability: Manage financial information completion process (60%)

• Act as a process executor for completion of financial information, including the accountability for the following key processes:
• Journals and month-end close
• Reconciliations
• Internals
• Completion of Supplementary information
• Consolidation and Internal eliminations
• Tax
• Accounting Functions
• Support to Subject Matter Expert (SME) on processes, resolution of issues and ad hoc requests from stakeholders including:
• Cluster Financial Controller
• Cluster CFO/BP&A team members
• Other Financial Control functions
• Support SME on obtaining TAG opinions and ad hoc queries on accounting issues.
• Act as the process executor for implementation of new standardised processes where relevant.
• Provide feedback to stakeholders on results reflected in the financial accounting system, as well as issues identified where there are potential risks to numbers.
• Act pro-actively in correcting issues and implement a sustainable process
• Ensure that principles of the Financial Control Operating Model are complied with and sustained.
• Maintain and enhance processes:
• Identify areas of improvement in completion, review and or submission processes to drive and implement a sustainable and effective process in support of quality and accuracy
• Identify synergies between different reporting processes and implement new and or enhanced processes

Accountability: Provide support to other process executors through motivation and employee engagement (20%)

• Understanding and managing team dynamics to maximize performance.
• Escalate issues around allocation of resources to process architects tasks to ensure delivery of team objectives.
• Ensure continued development of resources, through coaching and mentoring, to empower value added delivery of tasks.

Accountability: Process Execution (20%)

• Execution of processes as designed.
• Constantly review, improve and maintain own activities to enhance the effectiveness and efficiency of processes.
• Recommend areas for improvement in order to reduce cycle times, improve productivity, create capacity and improve process reliability and customer satisfaction.
• Assist in the implementation of new and/or enhanced processes.
• Identify activity-specific risks and work with Process Owner / Process Architect to mitigate risks.
• Maintain awareness of own activities and the impact thereof on related / interdependent activities.

Knowledge & Skills:

• Exceptional interpersonal and team-working skills
• Ability to identify control gaps and weaknesses
• Ability to interpret the end-to-end flow of financial data
• Strong problem-solving skills
• Analytical skills
• Negotiation skills
• The ability to work in a pressured and unstructured environment and to cope with the demands of working to tight deadlines

Education and Experience Required

• CA(SA) newly qualified/1 to 2 years PQE experience
• Business experience in a Banking environment gained from a Finance, Product
• Group consolidations experience will be an advantage
• Experience in SAP

Competencies:  

• Deciding and initiating action;
• Entrepreneurial and commercial thinking;
• Relating and networking;
• Adapting and responding to change;
• Persuading and influencing;
• Creating and highly innovating;

EducationBachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required

Click here to apply

Manager Funding & Liquidity Mngmnt ART

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 SummaryTo develop tactical strategy and delivery plans, formulate associated practice and to ensure operational implementation and adoption across a single practice i.t.o. Finance methodology, governance and delivery objectives.

Job Description

• Ensure the liquidity risk frameworks, policies and standards are fit for purpose, understood, well communicated, and adhered to by all relevant stakeholders.
• Understand liquidity risk as it pertains to banking as well as the workings of the liquidity metrics (regulatory and internal) and provide advice on the liquidity impact of proposed new products to ensure they are structured optimally for liquidity purposes.
• Provide regulatory advice on liquidity regulatory matters to ensure the banking liquidity regulations are adhered to across business.
• Influence the industry and regulatory bodies via liquidity risk industry discussions.
• Lead regulatory change initiatives to ensure a wide understanding across Absa and how it will impact business and identify opportunities for optimisation.
• Design, lead prepare inputs and review liquidity regulatory reports such as, but not limited to, ILAAP, ICAAP, Recovery Plan; ensuring compliance with regulations, completeness, accuracy and relevance of the information to be presented, to enable Senior Management to make informed decisions.
• Design, develop and implement Funding in Resolution requirements that adhere to the Resolution Framework.
• Develop internal liquidity stress scenarios and ensure all stress testing approaches and assumptions remain appropriate given the risk profile of the bank, taking into consideration emerging risks.
• Prepare presentations that are packaged to reflect the business unit’s brand and the Senior Business Manager’s preferred style and present topics to Senior Management.
• Develop internal capability through the recruitment and development of a capable team member who will ensure the necessary resources are in place to achieve business strategy and objectives.
• Motivate team member through coaching and mentoring them to perform optimally, create a sense of urgency and excitement around the business and ensure that they strive to deliver optimally.

Experience:

• At least 5 years’ experience in liquidity risk management within the banking sector
• Qualification: BComm or similar degree or risk management qualification

Core competencies:

• Business acumen
• Results orientated
• Attention to detail
• Communication (written and verbal)
• Collaborating and influencing
• Technical liquidity knowledge and understanding

EducationPostgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

Click here to apply

Fixed Assets Specialist

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.

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.

Job SummaryThe Fixed Asset Specialist is responsible for managing and maintaining the bank’s fixed asset records in accordance with internal policies and applicable accounting standards. This role ensures the accurate capitalization, depreciation, disposal, and reporting of fixed assets, while supporting audits and financial reporting requirements.

Job Description

Maintain the fixed asset sub-ledger, ensuring accurate and timely recording of acquisitions, transfers, disposals, and depreciation.

Conduct periodic physical inventory of fixed assets and reconcile discrepancies with the general ledger.

Review and validate asset-related transactions for compliance with company policy and accounting standards (e.g., IFRS/GAAP).

Coordinate with Procurement, Facilities, and IT teams to track asset movement and changes.

Prepare and reconcile monthly fixed asset roll-forward reports and related journal entries.

Support external and internal audit requests related to fixed assets.

Assist in developing and implementing fixed asset policies and procedures.

Ensure proper tagging and classification of all bank-owned property and equipment.

Participate in system upgrades, data clean-up projects, and automation initiatives.

Maintain accurate and organized fixed asset documentation.

EducationHigher Diplomas: Financial Sciences (Required)

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Chief Financial Officer – AVMS

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 SummaryAccountable for accurate reporting of financial results and managing financial affairs.

Job Description

Strategy

• Seamlessly integrates for internal supply chain effectiveness and functional integration.
• Execute Functional strategy, create a shared purpose and identity for function
• Accountable for ensuring an optimal and compliant control environment within business unit that appropriately balances risk appetites and customer demand with the need to grow to achieve the financial ambitions and balance sheet aspirations
• Manage the strategic investment budget and Book of Work spend for business, in alignment with the enterprise strategy and prioritised in line with Cluster’s commercial and cultural aspirations. Also ensures that appropriate Returns on Investment (ROI) are realized by building a culture and discipline of benefits tracking.
• Influence shape and sustainability of the business by operating from financial management to market presence and product mix or service lines, to technology, talent, help deliver new revenue streams, to leveraging mergers, acquisitions and divestitures as appropriate.
• Embrace our distinctive brand aspiration and infuse in business.
• Build a culture of inclusivity, diversity, entrepreneurship, and ownership.
• Drive Cluster decisions within Business. Drive BU decisions.
• Accountable for finance narratives & insights driving business.
• Take an eco-system mandate: (geography, customer, channel and product) of business area.
• Influence integration of Treasury, Risk, and Finance from a BU perspective.
• Influence the build of a leading global payments hub, where applicable.
• Stimulate behavior in business to achieve strategic and financial objectives.  Provide leadership to ensure alignment of financial and business strategies.
• Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity.

Profit and Loss

• Co-accountable for business growth and profitability.
• Accountable to ensure that reporting, controls and enterprise risk programs are operating and functioning as intended.
• Support business leaders in achieving business goals and objectives through the use of advanced modelling and analysis to provide actionable intelligence, beyond data.
• Responsible for financial rigor and control.
• With regards to BCM and Cyber security, influence focus on vulnerability and internal controls assessment to review the data supply chain and identify the location of sensitive data. The CFO needs to understand the risks and then develop a plan to align the BCM & cybersecurity strategy with the business strategy. CFOs must also ensure that processes are in place to understand the relevant BCM and cybersecurity compliance and regulatory requirements.

People Investment

• Coach, inspire, engage, mentor and develop financially and business savvy leaders.
• Build a scalable, digitally-led business.                                                                                                                                                                                                                          
• Help shape society by developing innovative solutions to societal challenges; and expand and augment existing capabilities.
• Embrace a different, more commercial and overtly entrepreneurial way of doing things.
• Focus on Finance skills evolution with innovation and employability at the heart of people management.
• Integrate Big Data and Advanced Analytics into the core of our business.
• Build specialised Finance skills to support mergers and acquisitions, and partnership capabilities to drive opportunity.
• Providing thought leadership to the industry.
• Deliver on our Customer Promise by creating unprecedented, seamless experiences.
• Be an enabler of capabilities, talent and service level to fulfill business and functional responsibilities in an innovative efficient manner.

EducationBachelor’s Degree: Accounting

Click here to apply

Manager Financial Review

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 SummaryThe role is a senior, full scope financial management role for the Corporate Investment Bank and Treasury (CIBT) cluster. Stakeholder engagement and commercial understanding are key success factors and the successful applicant will support financial decision making and execute on internal and external reporting. Insurance and wealth management business knowledge is not a specific requirement for the role. Successful applicants will have the opportunity to upskill and learn about these more specialized businesses.
The successful applicant will also be expected to understand and contribute to the wider Financial Control strategy threads of process improvement and credible reporting. Credible, quality reporting will be a minimum business as usual expectation in the role. Alignment and participation in Financial Control’s continuing functionalization and process improvement imperatives will also be critical deliverables in the role.

Job Description

Accountability: Analytics

Analytics accountabilities for the role span both internal and external reporting. The role will support senior internal stakeholders in the CIBT business and the successful applicant will be expected to provide analytic insight based on commercial business understanding to senior stakeholders. Stakeholders include senior management of the CIBT business and the Financial Controller for the CIBT Cluster.

Specific accountabilities include :

• Designing, developing and implementing analytical tools which will provide comfort that internal and external reporting is accurate (including scenario analyses to anticipate and challenge reporting results)
• Ensuring that team members have a detailed understanding of products and businesses to enable relevant design and interpretation of analytics to enable accurate timeous commentary on reporting
• Provide input into external reporting deliverables using business knowledge obtained through analytical processes
• Provide commentary on external or internal reporting
• To assist the Financial Controllers to continuously evaluating the control framework in Financial Control and to enhance it as appropriate;

Accountability: Reporting

The reporting function for the role is supported by various teams. However, the successful applicant will have certain business as usual reporting responsibilities.

• Designing, developing and implementing processes and systems which will provide comfort that external reporting is accurate
• Responsible for ensuring that all external reporting is delivered on time and is accurate
• Reviewing internal and external reporting and commentary to ensure that reporting is accurate
• Assisting with the implementation of best practice financial disclosures and presentation;

Accountability: Product and process management

• Successfully manage and deliver major projects from commencement to completion within the scope, budget and time agreed to;
• Manage project resources internally or externally to ensure that time lines are being met;
• Ensure quality of project implementation;
• Ensure that adequate documentation is delivered as part of the implementation to sustain the process;
• Responsibilities would include the co-ordination of different groups of people, from varying disciplines associated with the project. 

Accountability: Project& Staff Management:

• Providing leadership to junior team members in the area of strategically improving reporting processes;
• Ensure that assigned projects are planned, staffed accordingly and successfully implemented within agreed timelines. Communicate if risks arise to successful implementation of assigned projects, and finalise and propose alternatives
• Help execute the people management strategy for Financial Control;
• Assist in embedding formal Performance Development and informal coaching in the team;
• Review training needs of team members and ensuring that team members receive the relevant training;
• Assist in the interviewing of junior team members;

Education and Experience Required

• Chartered Accountant (Financial Services/Insurance experience preferred),
• Given the technical nature of insurance accounting/valuations, additional postgraduate qualifications focused on insurance and/or additional quantitative qualificatons are preferred
• 4 – 6 Years of relevant reporting, analytics and or project management experience
• (insurance/banking preferred);
• Very strong academic track record.

Knowledge & Skills: (Maximum of 6)

• Strong problem solving skills
• Strong data analytical skills
• Banking Product Knowledge.
• Strong technical accounting skills;
• Experience designing and implementing calculation tools
• Exceptional interpersonal and team-working skills and the ability to communicate at all levels;
• The ability to work in a pressured and unstructured environment and to cope with the demands of working to tight deadlines;

Competencies: (Maximum of 8 competencies)

The position requires a technically minded accountant with a passion for investment banking.

• Analysis skills & technical ability;
• Judgment / decision making – demonstrates logic, rationality and objectivity in decision making whilst balancing speed vs. thorough approach;
• Integrity – consistent, earns trust, fights fair, uses the facts;
• Team player – approachable, establishes collaborative relationships;
• Oral and Written Communications – fluency, clarity, precise, well organised communications;
• Resourcefulness – action oriented, goes “beyond the call of duty” to solve problems;
• Adaptability – adapts quickly to change and copes well with complexity;
• Experience – Designing and implementing project or system solutions

EducationBachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)

Click here to apply

Senior Specialist Finance : Management Accounting & Analysis

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 SummaryThe Central Planning, Analysis and Reporting team within Transactional Banking (TxB) plays a strategic role in shaping financial performance, delivering business-critical insights, and enabling data-driven decision-making across the Cash Management and Trade and Working Capital portfolios.
As a Finance professional in this team, you will be responsible for consolidating and interpreting financial data, forecasting performance, and providing actionable insights to senior stakeholders. You will support key planning cycles, performance reviews, and strategic initiatives—ensuring alignment with broader business objectives and evolving market dynamics.
The Financial Decision Support function is a core component of this role, encompassing the preparation and analysis of financial and management information for the Absa CIB Transactional Banking (TxB) division. This includes delivering meaningful insights that empower leadership to make informed decisions. Key stakeholders include the TxB CFO, TxB CEO, and senior management across the business as well as broader Finance team.
Success in this role requires strong analytical and communication skills, a deep understanding of financial drivers in Transactional Banking, and the ability to engage confidently with senior stakeholders. Excellent interpersonal skills are essential, as the role involves continuous collaboration and influence across multiple levels of the organization. This role requires high attention to detail and strong organisation skills with high number of high profile deliverables required from this role.

Job Description

Key Accountabilities

Monthly Performance Reporting and analysis:

• Consolidating and understanding each month’s estimate / flash, with input from Finance BP’s, and sharing with the CIB Central Finance team for consolidation into a wider Absa Group view;
• Taking a lead role in each month end process, and ensuring the ledger closes as expected – working together with Financial Control;
• Prepare monthly packs detailing the month and year to date performance relative to prior year and budget / RAF
• Conducting a thorough variance analysis of the business’ performance (income statement and balance sheet), across SA and ARO regions and highlight areas of concern to senior management
• Ensuring accuracy of management information provided to stakeholders.
• Preparation and analysis of slide submissions into various internal documents pertaining to TxB’s performance
• Presenting the month’s performance and analysis to forums as / when necessary (this includes but is not limited to: TxB Fincom, TxB ExCo)

Stakeholder Management

• Manage expectations with each stakeholder, bearing deadlines in mind;
• Ability to prioritize and differentiate between urgent vs important tasks
• Communicate effectively and efficiently

Preparation of half year and full year result reporting

• Preparing commentary for the business’ performance for external consumption
• Preparing briefing notes / crib notes detailing the business’ performance in detail to Central CIB Finance team for the CFO and CEO
• Ensuring accuracy and integrity in all the TxB commentary
• Provide ad-hoc analysis on Business performance
• Financial Planning and Budgeting
• Provide analysis and input to various businesses on financial planning and budgeting.

Education and Experience Required

• CA(SA) / CIMA
• 5 + years post qualification

Knowledge & Skills:

• Strong financial reporting skills
• High attention to detail
• Problem solving and efficiency improving
• Client service drive
• Strong product knowledge
• Excellent communication and interpersonal skills
• Ability to be flexible / adaptable
• Ability to take on a “big picture” view of the business

Competencies:

• Personal & Interpersonal Skills
• Business Skills
• Technical Knowledge
• Commercial Effectiveness

Education

Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

EducationPostgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

Click here to apply

We wish you all the best with your applications