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 Summary

The Financial Decision Support function covers the reporting of financial and management information within Absa CIB. It involves the analysis and interpretation of this reporting and providing business with meaningful insights to enable decision-making. The key stakeholders to whom the team provides continuous decision support to be: CIB CFO, CIB CEO, senior management within CIB, as well as the wider Absa Group. Being at the center of the CIB Finance teams, it is imperative that the successful candidate display excellent inter-personal skills.

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 Group 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 CIB’s performance
• Presenting the month’s performance and analysis to forums as / when necessary (this includes but is not limited to: CIB Fincom, CIB 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 for the CFO and CEO
• Ensuring accuracy and integrity in all the CIB 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
• investment banking experience will be of advantage
  
  

Knowledge & Skills:

• Strong financial reporting skills
• 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)

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