Finance Specialist at Nedbank

Job Purpose

• To perform financial analysis in order to develop insights and build, maintain and inspire trust in Nedbank’s reporting to enable effective decision making by Group Financial Control’s stakeholders, including the Group Financial Controller, the group Chief Financial Officer, cluster Finance Executives, the Nedbank Group board and investors in Nedbank.

Job Responsibilities

• Build and maintain professional relationships with all stakeholders at all levels of the organisations.
• Provide financial decision support to business leaders through regular engagements with relevant line management, cluster finance teams and subject matter experts.
• Support Nedbank’s decision making by improving, enhancing and creating analysis capabilities within Group Financial Control.
• Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial information.
• Understand the impact of scenarios or changes on the business by developing analytical tools for internal and external uses.
• Analyse complex financial information to determine present and future financial performance and prepare recommendations.
• Ensure value is maintained by identifying opportunities and potential risks and addressing them.
• Communicate solutions and ideas to stakeholders through meetings, presentations and generating reports.
• Obtain buy-in for developing new or enhanced processes (e.g. operational processes) that will improve the functioning of business units businesses by highlighting benefits in support of the implementation of recommendations.
• Build research capabilities by collating data from different sources and communicate findings in a concise and effective manner to the relevant stakeholders.
• Acting as a subject matter expert by actively participating in the design, preparation and supervision of the financial performance of the relevant business units
• Assist in the achievement of group collaboration initiatives by identifying opportunities to create beneficial partnerships and synergies.
• Participate and support corporate responsibility initiatives for the achievement of business strategy
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Identify business problems by analysing data and reports from various sources.
• Conducts special studies to analyse financial actions and prepares recommendations for policy, procedure, control or action
• Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plans and ensuring delivered systems, processes, services and solutions are aligned.
• Cooperate with internal and external auditors by supplying the required financial information timeously
• Meet deadlines and targets through prioritising effectively, planning and communicating.
• Deliver regular financial reports to functional teams by adhering to the set financial timetable
• Maintain high standards of analysis and reporting within defined timeframes by planning, organising and monitoring workflow.
• Achieve business objectives within a specific timeframes by scheduling and coordinating activities and identifying appropriate resources to perform these activities.
• Share knowledge and industry trends with functional teams and relevant stakeholders during formal and informal interaction.
• Identify training courses and career progression for self through input and feedback from management.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Chartered Financial Analyst

Type of Exposure

• Problem solving
• Developing ways to minimize risks.
• Drafting reports
• Managing conflict situations
• Influencing stakeholders to obtain buy-in for concepts and ideas
• Sharing information in different ways to increase internal stakeholders understanding
• Brainstorming ways of improving reporting processes.
• Challenging the status quo with a view to improving the environment or people's understanding
• Communicating standards to others.
• Conducting a needs analysis
• Writing business proposals
• Comparing two or more sets of information
• Interacting with diverse people
• Identifying trends
• Checking accuracy of reports and records

 
Minimum Experience Level

•  6-8 years’ related experience

Technical / Professional Knowledge

• Administrative procedures and systems
• Banking knowledge
• Banking procedures
• Business principles
• Data analysis
• Governance, Risk and Controls
• Microsoft Office
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Business writing skills
• Microsoft Excel
• Microsoft Powerpoint
• Nedbank culture
• Cluster Specific Operational Knowledge
• Relevant Nedbank Human Resources policies and practices
• Relevant Nedbank policies and procedures

Behavioural Competencies

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