Finance Executive RRB at Nedbank

Job Responsibilities

• Provide relevant and meaningful management information to support decision making processes according to all relevant technical standards, Bank policies and procedures per timelines required.
• Provide relevant monthly financial management reports to all relevant stakeholders on time.
• Provide stakeholder support and technical expertise as required. 
• Identify improvement (revenue and cost savings) opportunities and review and provide guidance and support to executive management teams.
• Align financial and business decisions to Cluster strategic objectives.
• Compile and evaluate budgets, rolling forecasts and three-year plans that are aligned to Cluster strategy. Align financial and non-financial targets across the Clients segments where necessary; Align GOI uplift targets to sales, cross sales and other targets across all client segments.
• Ensure GCC goals and deliverables align to Cluster CFO GCC and align across your team.
• Implement and monitor accounting processes, policies and procedures as well as systems of internal control under your area of responsibility to ensure compliance and that they run seamlessly on a daily, weekly and monthly basis.
• Build financial models to be used for scenario planning and opportunity evaluation
• Conduct research and benchmark best practices, legislation and industry standards where required
• Regularly engage with clients to build and maintain relationships
• Encourage inter- and intra-Cluster collaboration
• Provide external stakeholders formal and informal knowledge sharing and feedback
• Implement a strategy to build a differentiated culture by analysing relevant surveys and information and align to greater Finance team/Cluster culture plan where necessary.
• Measure the effectiveness of differentiated culture plan through staff and client feedback and develop and implement corrective action plans. 
• Develop and introduce a people strategy that will create a culture that drives the Cluster and Nedbank’s vision and values
• Manage resources and retention of critical staff. Ensure that leadership-relevant strategies and plans have been communicated and implemented by direct reports.
• Manage performance by taking corrective action; recognise and reward staff as required
• Design and implement active talent management and succession planning across area of accountability
• Participate in the recruitment and selection of senior staff
• Hold managers accountable for developing their staff and themselves
• Coach and mentor team to make decisions and recommend tailored solutions to Business Unit specific problems
• Monitor implemented divisional EE and transformation plan and target achievement
• Analyse deviations from divisional EE and transformation plan and ensure recommended corrective action is appropriate and implemented

Essential Qualification

• Chartered Accountant

Preferred Qualification

• Chartered Accountant.

Essential Certifications

• Registered at South African Institute of Chartered Accountants

Minimum Experience Level

• Up to 8 years financial management in financial services sector and >5 years managing Managers and others.

Behavioural Competencies

• Operational Decision Making
• Building Organizational Talent
• Compelling Communication
• Driving Execution
• Financial Acumen
• Strategic Influence

Technical / Professional Knowledge

• Budgeting
• Business administration and management
• Business principles
• Business terms and definitions
• Capacity planning
• Change management
• Communication Strategies
• Diversity management
• Employee training/development
• Financial Accounting Principles
• Governance, Risk and Controls
• Organisational behaviour theory
• Principles of project management
• Relevant Nedbank product knowledge
• Relevant regulatory knowledge
• Stakeholder management
• Strategic planning
• Talent management
• Business writing skills
• Management information and reporting principles, tools and mechanisms
• Client Service Management

Closing Date

12 June 2023