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Snr Financial Manager: External Reportin

Employer
Nedbank
Location
Durban Durban eThekwini, South Africa
Salary
Competitive
Closing date
Mar 21, 2023

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Job Role
Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Classification

Job Family

Finance

Career Stream

Accounting

Job Purpose

To direct; add value and enable business decisions through effective consolidated financial analysis; reporting and controls across a range of business functions or companies; in line with Nedbank business strategy.

Job Responsibilities

  • Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial information.
  • Ensure accurate and timeous budgets are submitted and reviewed by ensuring that they align with key economic indicators and group strategic initiatives.
  • Ensure accurate financial results by reviewing reconciliations and following up on unreconciled items.
  • Compile Financial statements by complying with IFRS and relevant regulatory frameworks.
  • Comply with relevant legislation by reviewing and submitting statutory returns timeously.
  • Consolidate financial reports and make value added recommendations by using information from various sources.
  • Understand and meet stakeholders requirements through ongoing engagement.
  • Assist in the achievement of group collaboration initiatives by identifying opportunities to create beneficial partnerships and synergies.
  • Ensure relevant, best practice analysis and reporting by providing ongoing guidance and coaching to the team.
  • Meet deadlines and targets through prioritising effectively, planning and communicating.
  • Maintain high standards of analysis and reporting within defined timeframes by planning, organising and monitoring workflow.
  • Contribute to intellectual capital development by providing continuous motivation, mentoring, coaching and on the job skills training.
  • Achieve business objectives within a specific timeframes by scheduling and coordinating activities and identifying appropriate resources to perform these activities.
  • Manage defined risks in the finance function and risk categories at targeted levels by adhering to internal and external guidelines/policies/ procedures/business rules/ compliance and governance requirements.
  • 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.


Essential Qualifications - NQF Level

  • Professional Qualifications/Honour's Degree


Preferred Qualification

Chartered Accountant

Minimum Experience Level

5 years in financial management preferably in the financial services industry and 2 years managing others.

Technical / Professional Knowledge

  • Banking procedures
  • Business Acumen
  • Cluster specific operations
  • Data analysis
  • Governance, Risk and Controls
  • Industry trends
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Remuneration policies and principles
  • Research methodology


Behavioural Competencies

  • Building Partnerships
  • Earning Trust
  • Communication
  • Decision Making
  • Planning and Organizing
  • Quality Orientation


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Please contact the Nedbank Recruiting Team at +27 860 555 566

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