Senior Financial Officer
Madistar Consulting
Johannesburg, Gauteng, ZA
1d ago

Our Client in the financial services / Banking sector is looking for a Senior Financial Officer for Sandton offices. The position is a contract position with highly negotable salary.

The candidate must be immediately available.

Job Purpose

  • To generate; analyse and report reliable; meaningful financial and non-financial information to support the requirements and decision making of the business;
  • in line with Company strategy.

    Job Responsibilities

  • Forecast and predict monthly flash report towards end of every month by analysing trends and cost drivers.
  • Generate and compare flash results performance to various budget figures and measure growth against previous periods by performing a variance analysis.
  • Provide formal commentary and interpretation on financial information to stakeholders through variance analysis.
  • Prepare adhoc reports by gathering information from various sources and analyse and interpret the data.
  • Align reporting information to business changes by verifying and updating structural changes.
  • Forecast annual staff costs and head count management through staff run rate report.
  • Manage the cost of footprint roll-out by monitoring and reporting actual spend against budget.
  • Conduct (plan, implement, monitor and adjust)financial planning process which includes annual budget, 3 year plans and quarterly forecasts by looking at trends, initiatives, distribution and cost drivers.
  • Prepare financial, non-financial and adhoc reports to various stakeholders on monthly basis by gathering information from various sources and analyse and interpret the data.
  • Train and upskill new and existing stakeholders on financial management through one on one meetings and training sessions.
  • Provide advice to stakeholders on profitability by extracting information from various sources, interpreting and track on monthly basis.
  • Align the Region's strategy to the Bank's strategy through business planning and stakeholder engagement.
  • Prepare and present the monthly Opcom pack to the Regional Manco and Exco Team for Quarterly Business Reviews.
  • Train and upskill new and existing line managers on financial management through one on one meetings and training sessions.
  • Ensure that reporting deadlines are met to the finance team and stakeholders by adhering to set deadlines.
  • Branch Administration Centres to ensure adherence to policy and procedures.
  • Manage, track and reconcile spend on training, local area marketing and donations to ensure compliance with relevant department's policies and / or standards.
  • Manage closed branches and adherence to process by engaging with various stakeholders (operations, capex, channel infrastructure) to minimise risk of possible fraud and losses.
  • 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 Company Culture building initiatives by engaging in 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.
  • People Specification

  • Essential Qualifications - NQF Level
  • Advanced Diplomas / National 1st Degrees
  • Preferred Qualification
  • Bachelor of Commerce : Honours - Accounting
  • Essential Certifications
  • Preferred Certifications

  • Type of Exposure
  • Checking accuracy of reports and rec
  • Analysing and interpreting quantitative and qualitative data Working with a group to identify alternative solutions to a problem
  • Sharing information in different ways to increase internal stakeholders understanding
  • Communicating internally and external
  • Tracking cost against a budget
  • Drafting reports
  • Communicating internally. Managing customer expectations Working in a team
  • Working in a fast-paced environment; meeting deadlines
  • Working with spreadsheets
  • Interacting with diverse people and cross-functional groups
  • Minimum Experience Level

    3 - 5 years in financial management preferably in the financial services industry.

    Technical / Professional Knowledge

  • Administrative procedures and systems
  • Banking procedures
  • Cluster specific operations
  • Data analysis
  • Governance, Risk and Controls
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Business writing skills
  • Microsoft Excel
  • Microsoft Powerpoint
  • Behavioural Competencies
  • Building Customer Loyalty
  • Communication
  • Decision Making
  • Initiating Action
  • Managing Work
  • Quality Orientation
  • All applications to be sent directly or to admin . If you have not received a response from us in 2 weeks please consider your application unsuccessful.

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