191 Financial Management jobs in South Africa
Head of Finance: Clicks
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Job Description
We are looking to recruit a Head of Finance: Clicks to work within the Clicks Retail Finance department of the Clicks Group. The role will be based at Clicks Head Office in Cape Town and will report to the Group Chief Financial Officer.
JOB PURPOSE
To implement and align the Finance Strategy and Controls Framework to ensure the achievement of Retail financial objectives (Retail is inclusive of Clicks South Africa, Clicks Africa, Sorbet, The Body Shop, UniHealth and Omni). To develop, manage and oversee the Retail financial sustainability and viability by aligning to the Group objectives and best practice.
JOB OBJECTIVES
Strategy and Policy Alignment
- Drive the implementation of the Function’s strategic vision, in collaboration with internal stakeholders, by developing the required key performance areas and metrics to enable and measure achievement of the Group’s strategic objectives.
- Review the Functional Strategy, in line with the overall Group Strategy, by ensuring formulated business solutions and approaches focus on delivering against set objectives.
- Manage Functional policy development, ensuring alignment to Group objectives, regulatory and/or compliance requirements, as well as industry best practice.
- Develop and align the Strategy and roadmap for the Retail Finance Function by formulating, implementing, monitoring and revising respective policies and procedures, ensuring the Function is enabled to support the Group in meeting and achieving its objectives.
- Develop and supervise Retail financial modelling providing strategic guidance and direction for planning, decision-making, and ensuring financial accountability.
- Ensure financial plans and operations are optimally aligned with other business units both within Retail and the Distribution businesses.
- Provide strategic financial advice, insight and analysis to the Business Unit Executives and Group Executives, including monthly, quarterly and annual financial reports incorporating appropriate analysis and recommendations.
- Advise and guide the Group CFO on budgetary and financial planning strategies, monitoring and revising the budget in line with changing demands and projected out-turns and giving input into data and analysis necessary for the preparation of integrated reports and annual financial statements.
- Work with Group finance on coordination of Retail monthly reporting, statutory reporting as well as financial planning to ensure Group targets in terms of timelines as well as financial targets are met.
- Develop and manage Retail budgetary requirements by reviewing, analysing and forecasting financial requirements through comprehensive engagements with Group Executives, ensuring appropriate finances are made available for the achievement of organisational objectives.
- Develop, manage and control all capital, operational and revenue budgets and oversee the annual budgeting and planning process to ensure financial targets are met together with financial and statutory regulation compliance.
- Develop budgetary financial forecasts and strategic financial plans to guide decision-making across the different business units within Retail, ensuring operational spend remains within the established parameters.
- Develop Financial Reports to internal and external stakeholders through the consolidation of financial activities on a weekly, monthly, quarterly and annual basis, ensuring a complete and current view of the business units financial position is maintained that is relevant for the different business unit executives.
Cash Flow Management
- Report through to the treasury function, providing accurate cash flow forecasts to enhance financial terms and operations.
- Develop and implement plans to ensure improvements in the working capital cycle where deficiencies or opportunities arise.
Financial Analysis and Performance
- Manage the preparation of financial analyses for employee contract negotiations to ensure the budget and affordability allows for fair and transparent remuneration practices, in line with Principle 14 of the King Code, to promote the achievement of strategic objectives and positive outcomes in the short, medium and long term.
- Analyse financial performance by identifying trends, variances and opportunities for improvement within the Function as well as in the broader Clicks Group.
- Manage adherence to the Group’s established budgetary requirements by reviewing and analysing each Business Unit’s adherence to their forecasted financial requirements.
Financial Reporting and Compliance
- Compile, submit and present the Retail Financial Strategy of the business units and position to relevant business unit executives and the Group Executive as required, to enable effective and informed decision making at executive level.
- Consolidate financial reports to enable and provide comprehensive insights and informed decision-making pertaining to the current and future financial state of the organisation.
- Develop Financial Reports to internal and external stakeholders through the consolidation of the business units financial activities on a weekly, monthly, quarterly and annual basis, ensuring a complete and current view of each business unit’s financial position is maintained.
- Ensure robust financial systems and controls are in place, reviewing processes and internal controls for continuous improvement.
- Ensure control deficiencies identified either internally, by Internal Audit or externally are addressed.
People Management
- Manage and supervise the Finance team by developing and implementing key performance metrics and targets that motivate and inspire growth within the team and encourage targeted delivery within the function.
- Coach, mentor and develop team members within the Function by providing professional and career advice to help individuals reach their full potential, whilst aligning their career aspirations with the growth initiatives of the Company.
- Engage in workforce planning initiatives for the Function, in collaboration with the HR Department, to forecast skills required to meet business demands and drive upskilling initiatives to ensure the team remains competent and fit for purpose within their roles.
- Foster a culture of collaboration, innovation, and accountability that focuses on building capability and enhances the business unit’s Transformation Roadmap to meet current and future business needs.
JOB RELATED KNOWLEDGE
- Knowledge of working on different accounting systems
- Knowledge of International Financial Reporting Standards (IFRS)
- Practical knowledge of budgeting
- Knowledge of statutory requirements
- Relevant knowledge of Companies Act
JOB RELATED SKILLS
- Computer literacy (Excel) and SAP
- Interpersonal skills
- High level verbal and written skills
JOB EXPERIENCE
- Minimum of 10-13 years’ experience in Accounting, Financial Management or a related field
- At least 3 years’ experience at a Senior Management/Executive level
EDUCATION
- Honour’s Degree (NQF 8) in Accounting, Finance, Financial Management or a related field
- Chartered Accountant (SA)
Additional Licensing and Certification
- Relevant professional certifications and/or membership with a Professional Association in South Africa
JOB RELATED COMPETENCIES
- Deciding and Initiating Action
- Leading and Supervising
- Analysing
- Formulating Strategies and Concepts
- Planning and Organising
- Delivering Results and Meeting Customer Expectations
- Achieving Personal Work Goals and Objectives
- Entrepreneurial and Commercial Thinking
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Financial Management (Contractor)
Posted 17 days ago
Job Viewed
Job Description
An established concern is now on the lookout for an astute FM to take the reigns of finance controlling and management of their financial department. The ideal individual for this role will have hands-on experience with financial management, business analysis, asset management and cost controlling
The key responsibilities for this role will include:
- Reporting
- Financial and accounting policies
- Contracts management
- Audits
- Full financial function
As you will be responsible for hitting the ground running extensive experience is essential. You will also be hands-on involved with the department.
The requirements:
Qualification:
- Registered ACCA / CIMA (advantageous)
- Completed Honours degree
Experience:
- 5 + years experience within a similar role
Skills Required:
- Sage Evolution experience will be advantageous
- Advanced Excel Skills
- Deadline driven
Asset Management : Financial Officer
Posted 10 days ago
Job Viewed
Job Description
This role is based at Nedgroup Investments -
Nedgroup Investments is an award-winning global investment business with a growing presence in Europe. Nedgroup Investments offers a wide range of investment solutions for retail and institutional investors. Nedgroup Investments is a division of Nedbank Group Ltd, leveraging the investment and financial expertise of one of South Africa’s largest financial services groups. The Nedgroup Investments Best of Breed philosophy sees us partner with select fund managers who we believe are able to provide consistent long-term outperformance for our clients. These fund managers are experts in their field of specialisation and we tend to partner with them for long periods of time giving them sufficient opportunity to deliver on their mandate objectives. We obsess about long-term performance and our top priority is to deliver a superior investment experience for our clients.
Role is based at the V&A Waterfront, Cape Town
Finance
Accounting
Manage Self: Technical
FAIS Affected Job PurposeTo analyse; interpret; collate and present financial and non-financial information in order to drive strategy; enable decision making and support Nedgroup Investments; as per the business strategy.
Job Responsibilities- Prepare budgets and forecasts within turnaround times by gathering business requirements, understanding business trends, projecting forwards and making recommendations where appropriate.
- Prepare all monthly reports by collating data, creating reports, analysing and commenting on the results.
- Meet deadlines by working within the monthly strategic calendar.
- Build and maintain strong internal and external relationships by attending relevant meetings and regular communication.
- Build trusting professional relationships by sharing professional knowledge, meeting deadlines and providing high quality work.
- Ensure all general ledger entries are accurate and correctly posted and approved by checking daily reports, performing quality control checks and querying incorrect postings.
- Perform quality control checks (daily and monthly process) by verifying data accuracy, proper authorisation and reconciling the general ledger accounts.
- Ensure compliance by following regulations, policies and procedures.
- Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.
- Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
- Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers
- Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.
- Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team.
- 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 social responsibility initiatives for the achievement of key business strategies.
- Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.
We believe in employing highly motivated, sharp and quality orientated people that thrive in a culture that celebrates and supports diversity within an environment that is creative, collaborative, challenging and dynamic. Aligned to our core purpose of enabling our investors to achieve their investment goals, we are committed to enabling our staff achieve their full potential and long-term career growth at Nedgroup Investments. Specifically for this role, we are looking for:
High standard of personal presentation.
Self-motivated and well organised with an ability to adapt and tackle a wide variety of challenges.
Ability to deal with people both within the organisation and external customers
- Advanced Diplomas/National 1st Degrees
Bachelor of Commerce: Accounting
Essential Certifications Preferred Certifications Minimum Experience Level3-5 years experience in Accounting and Financial Management,with 1-2 years experience in financial services
Technical / Professional Knowledge- Administrative procedures and systems
- Banking procedures
- Business terms and definitions
- Cluster specific operations
- Data analysis
- Governance, Risk and Controls
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Business writing skills
- Communication
- Initiating Action
- Work Standards
- Managing Work
---
Please contact the Nedbank Recruiting Team at +27 860 555 566
If you can't find the job you're looking for, activate job alerts to be one of the first to know when new positions open up.
Nedbank Ltd Reg No 1951/0009/06.
Authorised financial services and registered credit provider (NCRCP16).
For assistance please contact the Nedbank Recruiting Team at +27 860 555 566
#J-18808-LjbffrFinancial and Management Accountant
Posted 2 days ago
Job Viewed
Job Description
The largest specialised fresh produce cold storage operator in the country, which is part of a larger and integrated group, is looking to employ and financial and management accountant to their offices in the Cape Winelands.
The ideal candidate must have an accounting qualification and at least 3 years experience in an accounting and finance role. Post articles experience in a commerce related position would be a definite benefit. Completed SAIPA, SAICA or CIMA articles will be a distinct advantage and knowledge of ERP systems (Navision, Business Central, or similar) will be a positive. Industry experience in agriculture, farming, citrus, fruit, export, or related will also be an advantage, though not a pre-requisite.
We are looking for a resilient self-starter, capable to take initiative, work on their own and as part of a team. Someone that is not scared to roll up their sleeves and do the groundwork, accounting, system implementations, automations, system improvements, etc. This is an excellent opportunity for personal growth as well as growth within this expanding business.
Duties and Responsibilities :
- Ensures sub-ledgers, ledgers and cashbooks are up to date and reconciled.
- Ensures fixed asset registers are setup and maintained properly.
- Ensures transactions are supported by appropriate documentation, are captured accurately and in a timely manner into the system.
- Ensures integrity of accounting records by adherence to policies, procedures and internal controls, as well as providing recommendations for improvement.
- Ensures efficient cashflow management by customer payments collection, supplier payments and inventory control.
- Preparation of monthly management accounts and cashflow forecasts.
- Assist regional FM to prepare and maintain budgets and periodic updated forecasts.
- Complete and submit VAT returns, accompanied by relevant reconciliations to income, expenses and balance per TB.
- Take control of loading and approving all bank payments for the facility.
- Reconcile financial discrepancies by collecting and analysing account information.
- Ensure all finance filing is up to date and accurate.
- Ensures compliance with relevant laws and regulations by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
- Prepare and complete internal cost audits and analysis, to identify and recommend solutions to enhance competitiveness.
- Comply with International Financial Reporting Standards (IFRS) for financial statements.
- Maintains financial security by following internal controls.
- Ad hoc duties and responsibilities assigned by Senior Management.
Qualifications and Experience :
- Bachelor’s degree or diploma in accounting, finance or similar.
- PA(SA), AGA(SA) or CIMA designation highly advantageous.
- Minimum 3 years’ experience with post articles experience in a similar role a benefit.
- Advanced Excel with knowledge.
- ERP Accounting systems experience a plus, particularly Navision or Business Central.
- Agriculture or Citrus industry experience beneficial.
Additional attributes :
- Ability to work under pressure.
- Communicate in a professional manner.
- High attention to detail.
- Ability to function independently.
- Innovative thinker.
- Organizational skills.
- Confidentiality.
- Solid knowledge of accounting / bookkeeping principles.
Remuneration :
- R360,000 to R600,000 pa cost to company, depending on experience.
Financial and Management Accountant
Posted 6 days ago
Job Viewed
Job Description
Financial and Management Accountant
Cape Town Central R42 000 neg
National Bus Company seeks a Financial and Management Accountant with a Bcom/Bcompt and completed SAICA Articles, experience on a ERP System and 4-6 years experience as an accountant /management accountant. You will do financial reporting, monthly management accounts, reconcile General Ledger Accounts, preparation of annual budgets and forecasts, weekly payroll, VAT returns and EMP201s, fixed assets, cost analysis of variances, reconcile intercompany balances, monthly cash flow projections, and ensure governance and controls. IFRS compliance in daily functions.
#J-18808-LjbffrFinancial Data Management Specialist
Posted 10 days ago
Job Viewed
Job Description
The purpose of this role is to maintain accurate and up-to-date financial data, ensuring compliance with internal policies and regulatory requirements as well as overseeing and providing guidance to junior staff members in the finance department.
Minimum Qualifications:
- Matric/ Grade 12
- Bachelor’s degree in finance, Accounting, Business Administration, or related field
- Minimum of 3-5 years’ experience in finance, accounting, or data management roles
- Previous debtors/creditors management experience is beneficial with preferred exposure to the retail industry
- Proficiency in financial software and systems, such as ERP systems (e.g., SAP, NetSuite, Oracle, Dynamic 365 ), Microsoft Excel, and database management tools
Responsibilities:
- Data Management:
- Maintain accurate financial records, including accounts receivable, payable, and general ledger entries
- Ensure timely and accurate processing of financial transactions, including invoices, payments, and journal entries
- Regularly reconcile financial data to identify discrepancies and resolve issues promptly
- Develop and implement standardized processes for data entry, validation, and documentation
- Master Data Maintenance:
- Update and maintain master data records, including vendor and customer information, pricing structures, and payment terms
- Conduct regular audits of master data files to ensure completeness, accuracy, and consistency
- Collaborate with stakeholders to address any discrepancies or issues related to master data
- Reporting and Analysis:
- Analyse financial data to identify trends, variances, and opportunities for improvement
- Provide insights and recommendations to management based on financial analysis and performance metrics
- Process Improvement:
- Identify areas for process improvement and efficiency gains in financial data management
- Implement best practices and procedures to enhance data quality, accuracy, and reliability
- Collaborate with cross-functional teams to develop and implement system enhancements or automation initiatives
- Compliance and Risk Management:
- Ensure compliance with internal policies, accounting standards, and regulatory requirements
- Proactively identify and mitigate risks related to financial data integrity and accuracy
- Stay informed about changes in regulations and industry standards impacting financial reporting and data management
- Staff Management:
- Provide guidance and support to junior staff members in the finance department
- Delegate tasks effectively, ensuring timely completion and adherence to quality standards
- Facilitate training and development opportunities to enhance the skills and knowledge of staff
Key Skills and Competencies:
- Good understanding of financial principles and accounting practices
- Excellent analytical and problem-solving skills, with a keen attention to detail
- Effective communication and interpersonal skills, with the ability to collaborate across departments and levels of the organization
- Proven ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment
- Proven ability to manage and motivate a team
- Excellent organisational skills
Analyst, Regulatory Instruction Management, Financial Crime Management Unit
Posted 10 days ago
Job Viewed
Job Description
Analyst, Regulatory Instruction Management, Financial Crime Management Unit
Job Overview
Business Segment: Group Functions
To receive, study, interpret, analyse, validate, understand, research, investigate, determine bank exposure and customer behavior, and conduct forensic data searches, all culminating in the preparation and presentation of Reports and Information Packs to execute Legal and Regulatory Instructions (Subpoenas). This is essential in order to contribute to the assurance that business is undertaken in a compliant manner to avoid operational losses, fines, penalties or reputational damage to the organization.
Qualifications
Minimum Qualifications
Type of Qualification: National Certificate
Field of Study: NQF level 5 qualification in Business Commerce or Finance and Accounting or Audit or Banking or Risk Management or Legal would be acceptable. AML or an equivalent Certification would be an added advantage.
Experience Required
Group Anti Financial Crime
Compliance
3-4 years
Experience in bank processes, products and systems. Experience in dealing with different stakeholders at different levels both internal and external.
3-4 years
Experience in the realm of Anti-Fraud, -Bribery, -Market Abuse, -Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation.
Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or
#J-18808-LjbffrAnalyst, Regulatory Instruction Management, Financial Crime Management Unit
Posted today
Job Viewed
Job Description
Analyst, Regulatory Instruction Management, Financial Crime Management Unit
Job Overview
Business Segment: Group Functions
To receive, study, interpret, analyse, validate, understand, research, investigate, determine bank exposure and customer behavior, and conduct forensic data searches, all culminating in the preparation and presentation of Reports and Information Packs to execute Legal and Regulatory Instructions (Subpoenas). This is essential in order to contribute to the assurance that business is undertaken in a compliant manner to avoid operational losses, fines, penalties or reputational damage to the organization.
Qualifications
Minimum Qualifications
Type of Qualification: National Certificate
Field of Study: NQF level 5 qualification in Business Commerce or Finance and Accounting or Audit or Banking or Risk Management or Legal would be acceptable. AML or an equivalent Certification would be an added advantage.
Experience Required
Group Anti Financial Crime
Compliance
3-4 years
Experience in bank processes, products and systems. Experience in dealing with different stakeholders at different levels both internal and external. 3-4 years
Experience in the realm of Anti-Fraud, -Bribery, -Market Abuse, -Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation.
Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or
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Cross Divisional Project Manager (Asset Management/Financial Services)
Posted 12 days ago
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Job Description
Overview:
Our client, an independent global asset manager with R3 trillion in assets under management, is seeking a Cross Divisional Project Manager (9 month contract) to join their team. The Operational Change team is responsible for delivering strategic and regulatory change across the firm's operating platform. They sit within the wider Operations function and work closely with teams across Operations, Client Group and Investments, as well as key third-party service providers. Their focus is on ensuring change is delivered efficiently, with minimal disruption to day-to-day activity, while maintaining a strong control environment. The team operates in a decentralised model, partnering with business leads to shape, coordinate, and implement change across multiple functions and geographies.
Responsibilities:
- Take ownership and accountability for delivery of cross-divisional change initiatives
- Ensure cohesion and collaboration across delivery streams
- Provide regular and appropriate communication of progress to key stakeholders and sponsors
- Create and manage comprehensive project plans that reflect requirements and delivery paths
- Ensure IT solutions (internal and external) satisfy business requirements and objectives
- Manage risks and issues effectively, including appropriate escalation when these cannot be resolved within workstreams
- Lead and motivate project teams to maximize achievement of objectives
- Facilitate effective communication across workstreams, business stakeholders and sponsors
- Develop subject matter expertise as required to enable effective delivery, including maintaining awareness of regulatory changes affecting the business
- Share knowledge, ideas and best practices with team members and industry peers
- Contribute to a culture of collaboration across the change team and business areas
Requirements:
- Proven experience managing cross-functional change projects in asset management or financial services
- A track record of successful delivery on regulatory and industry-driven initiatives in either South Africa or the UK (e.g. SFDR, T+1 settlement change, EMIR, ESG regulations)
- The ability to influence and coordinate without direct authority
- Confidence to challenge constructively and hold stakeholders accountable
- A calm, pragmatic approach - especially when projects shift or priorities conflict
- Strong understanding of governance, risk management and delivery controls in a regulated environment
Attributes:
- The ability to build and maintain meaningful relationships
- Driven by results
- Ability to recognise and embrace change
- A client focused and collaborative approach
- High conviction and be comfortable sharing opinions
- Ability to analyse, interpret and assimilate information
- A curiosity about technology and its potential to drive innovation
Accounting, Financial Management And Statistics Teaching Assistant - Part Time Contract
Posted 7 days ago
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Job Description
Accounting, Financial Management and Statistics Teaching Assistant - Part Time Contract3 days ago Be among the first 25 applicantsDirect message the job poster from Red & Yellow Creative School of BusinessRed & Yellow Creative School of Business is South Africa's leading authority in digital marketing education.
We have the mission to unlock creative thinking, to build brilliant careers and organizations using Commercial Logic and Creative Magic.
Our mandate, as educators, is to prepare students for career success in the future, not the past.
This single-minded purpose is why we exist, and what continues to drive and inspire us 30+ years later.We are looking for talented people who are fun, dynamic and passionate about all things education and that enjoy working with people – students, lecturers and staff to join various teams across our fast growing company.Job SummaryThis role is an exciting opportunity to share your skill and abilities as a Academic Teaching Assistant for students studying Accounting, Finance and Statistics.
The Teaching Assistant is contracted independently and this is a part time role and as such Teaching Assistants are paid a rate per hour of in-person service provision.
Teaching Assistants can assist lecturers in classrooms under the supervision of the lecturerKey Responsibilities and Duties : Provide academic Teaching Assistance students for Accounting, Finance and StatisticsComplete associated administrative responsibilities according to specifications set down by the academic teamProvide marking services for Formative AssessmentsIn-person assistance for students and LecturerProvide constructive feedback for all Formative Assessments that are grade aligned to principles that encourage student learning.Qualifications and ExperienceRelevant Finance / Mathematical Degree or similar1 year + tutoring or similar experienceExcellent English, written and verbal communication skillsProficiency in MS Word / Google DocsDeadline DrivenMeticulous attention to detailThe ability to multi-task will be key for this rolePersonal Attributes : Works well under pressureWorks well as part of a teamGreat planning and organizing skillsAccurate and detail orientatedWe seekWe pride ourselves on having top-quality, dedicated, and reliable Teaching Assistants who : embody a growth mindsetare passionate about learningare adaptable and resilientare Respectful, Curious and AccountableIf you feel you have the combination of logic and magic we are looking for, please apply.
Due to the high volume of applications, if you have not heard from us within 14 days please consider your application unsuccessful.Red and Yellow is an Equal Opportunity Employer.
Applicants from the previously disadvantaged groups and people with disabilities will be given preference in terms of the employment equity act.Seniority levelSeniority levelEntry levelEmployment typeEmployment typeFull-timeJob functionJob functionEducation and TrainingIndustriesHigher EducationReferrals increase your chances of interviewing at Red & Yellow Creative School of Business by 2xSouth African Online English Teacher (Kids and Adult Students)Cape Town, Western Cape, South Africa 2 months agoCape Town, Western Cape, South Africa 1 month agoCape Town, Western Cape, South Africa 2 days agoRemote English Teacher Position in Cape Town (Guaranteed Hours)Cape Town, Western Cape, South Africa 1 week agoCape Town, Western Cape, South Africa 1 week agoCape Town, Western Cape, South Africa 2 months agoCape Town, Western Cape, South Africa 3 months agoCape Town, Western Cape, South Africa 1 week agoDigital Content Administrative AssistantCape Town, Western Cape, South Africa ZAR15, - ZAR20, 3 months agoCape Town, Western Cape, South Africa 1 week agoCape Town, Western Cape, South Africa 2 months agoCape Town, Western Cape, South Africa 3 months agoBellville, Western Cape, South Africa 4 days agoDurbanville, Western Cape, South Africa 1 day agoCape Town, Western Cape, South Africa 2 weeks agoCape Town, Western Cape, South Africa 2 weeks agoWe're unlocking community knowledge in a new way.
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Create a job alert for this searchFinancial Accounting • Cape Town, Western Cape
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#J-18808-LjbffrHead: ARO Financial Resource Management
Posted 10 days ago
Job Viewed
Job Description
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
Reporting to the Absa Regional Operations (ARO) Treasurer, the Financial Resource Management (FRM) Head will be responsible for FRM in ARO which spans 10 subsidiaries in 9 markets across Africa.The FRM Head will support the execution of Absa Regional Operations (ARO) Financial Resource Management strategy by enabling effective capital allocation and balance sheet utilisation. Provide financial leadership, analytical insight, and business partnering that drives risk-return alignment, financial efficiency, and delivery against ARO and ARO RBB strategic objectives
The FRM head will collaborate with Finance, Treasury and Risk and be responsible for assessing subsidiary performance against Group hurdles at a legal entity level. The ARO FRM Head will also be responsible for capital allocation and returns performance monitoring across ARO Retail and Business Bank (RBB).
Job Description
Performance enablement
- Partner with business and finance leads to translate strategic objectives into resource allocation priorities, financial targets, and return hurdles.
- Enable disciplined financial decision-making through insight-led business cases, pricing recommendations, and performance analysis.
- Develop methodologies and tools to enable complete and consistent measurement of risks and returns
- Participate in performance reviews with business unit heads, providing views on financial and resource drivers of returns and alignment to FRM strategy.
- Lead development of management information for ARO Entity and ARO RBB performance by Country and Segment
- Support a culture of accountability through monitoring and reporting capital usage against allocation and performance against Business commitments / targets (RoRC; RoE; RWA use)
- Present on related FRM performance matters to the ARO/ ARO RBB FRM Committee
- Support in-country ALCOs with the appropriate management information and guidance on capital management options to improve Entity, BU and Group returns
- Ensure timely, consistent and effective engagements on FRM matters with in-country Treasuries and Finance at Country ALCOs
Strategic Forecasting & Resource Planning
- Support the delivery of BU level financial forecasts (MTP, STP, RAF) with an FRM lens—capital efficiency, liquidity impact, and balance sheet use.
- Drive structured trade-off analyses across growth, risk, and return, using analytics to support strategic resource shifts.
- Guide on capital re-allocations to support stronger ARO / ARO RBB and Group returns
Analytics and Business Partnering
- Deliver actionable analytics that inform balance sheet and financial resource tilt, aligned to FRM objectives.
- Consolidate and interpret performance data across products, customer segments, and business units to guide commercial strategy
- Maintain oversight of FRM-related risks, including pricing policy exceptions, below-hurdle approvals, and financial resource consumption risks.
- Collaborate with Treasury, Risk and Finance to ensure capital plans and financial forecasts align with internal risk appetite and regulatory requirements.
Competencies
- Financial Resource and Treasury subject-matter- expertise in large commercial banking groups
- Regulatory capital subject-matter expertise and deep experience of driving effective capital allocation and investor returns growth strategies
- Sound Investor and commercial investment evaluation expertise
- Proficiency in data analysis tools (Excel, Power BI, Financial reporting systems)
- Banking regulation (Expert)
- Writing & reporting (Advanced)
- Presentation skills (Advanced)
- Understanding of systems used (Advanced)
- Excellent planning and organisational skills (Advanced)
- Excellent communication skills (Advanced)
- Relationship management and networking (Advanced)
- Strong performance management and coaching skills (Advanced)
- Ability to think creatively (Advanced)
- Ability to react positively under pressure (Advanced)
- Good understanding of the policies and strategies (Advanced)
- Understanding of Banking operating structures (Advanced)
- Change management (Advanced)
Education And Experience Required
- Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+), and Advanced Diplomas: Business, Commerce and Management Studies
- 5+ years professional financial management experience
- Preferred team lead in a Treasury or Finance Function teams or in professional environments
- Experience in business transformation contexts related to business growth
- Experienced in Senior Management and Committee management
- Broad Finance including strategic, commercial, legal, risk and operational aspects
- Ability to build, develop & lead professional level teams
- Understanding of the financial services sector within a professional business environment
Knowledge of people change management
Education
Bachelor's Degree: AccountingAbsa 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
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