Senior Manager: Finance

time left to apply End Date: January 31, 2025 (6 days left to apply)

job requisition id R-15970989

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 Summary

To 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

Advisory Support:

• Provide advice and support to management on financial risks that might have an impact on profitability by discussing at regular intervals all financial related matters.
• Financial Control and Compliance: Sign off on the quarterly supplementary schedules and attestation to Group Finance prepared by the relevant staff in the prescribed format.
• Maintain appropriate internal controls in line with Absa group policy by reviewing regularly all variance reports and other reports where applicable.
• Interact with the Internal and External Audit team and provide necessary information as and when required.
• Ensure cost centre Managers comply with all regulations and policies when reflecting the financial position of the business.

Stakeholder Management:

• Communicate financial policies, procedures, standards and guidelines to the key stakeholders.
• Support projects by developing the financial component of the business case that is created by the management team to actively track and change benefits and costs of the project.
• Provide strong support to the operational team by having regular meetings to share financial performance.

Financial Reporting:

• Prepare financial reports, both management and adhoc, by coordinating the execution of the day to day and general accounting functions in order to enable decision making.
• Present monthly reports by ensuring the completeness, accuracy and relevance of the information to be presented to enable Group Finance Management Teams and business to make informed decisions.
• Prepare, sign off and discuss the short-term plan (STP), medium term plan (MTP) and rolling forecast (RAF) and budgets with the relevant stakeholders to enable consolidation into Finance forecast and budget. Work with the team to consolidate the financial plans generated by MTP, STP and RAF and sense check the consolidations prior to recommending approval.

Minimum Requirements:

• 5 years Banking experience in a Finance role.
• Experience in working with Book of work and Change.
• Transfer pricing and costing experience.
• Education: CA(SA) or CIMA.

Education

Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.

About Us

Absa Group Limited (“Absa Group”) is listed on the Johannesburg Stock Exchange and is one of Africa’s largest diversified financial services groups.

Absa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.

Absa Group owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda and Zambia and has insurance operations in Botswana, Kenya, Mozambique, South Africa and Zambia. Absa also has representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.