• Job Description

  Req#: R-15967115

  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.

  My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.

  Job Summary

  To provide specialist advise and support in the preparation, development and analysis of financial data relating to support functions, to inform decisions while enhancing stability, growth & profitability, through the execution of predefined objectives.

  Job Description

  Accountability: Business Partnering

  · Manage the business performance reporting of costs both operating and capital to support delivery of financial targets.

  · Carry out regular communications with the various business function on issues relating to costs, provide commentary & improvement initiatives such as cost saving initiatives.

  · Support the preparation of segmental cost reports in conjunction with the Finance Business Partners.

  · Support the CFO in development and execution of cost saving initiatives to drive value for the Bank

  · Support the Revised Annual Forecast (RAF), Short Term Plan (STP) and Medium-Term Plan (MTP) process by providing analytical drivers and processes of the plans

  · Preparation of ALCO, Board, MBR, CMC inputs that relate to the various business and support function costs

  · Carry out Revenue Assurance on a monthly to ensure income leakage is managed on the assigned Business income channels.

  · Analyze and provide a detailed functional cost including actual achievements against STP/RAF targets.

  · Coordinate with Group finance by providing monthly analysis of Bank costs against STP/RAF targets at a functional levels.

  Accountability: Stakeholder Management

  · Ensure effective and excellent communication and working relationships with colleagues in the department and the bank in general

  · Ensure the process of planning/forecasting and reporting is fully coordinated and Function Heads owns numbers before reporting to Management.

  · Ensure there is alignment on all financial reports across different stakeholders including the Function Head, CFO/Executive Director, Head of HR, and other relevant Centre Colleagues.

  Accountability: Personal Development & Team Leadership/Management

  · Deputize for the Head of MI when required.

  · Provide honest, direct and constructive feedback to fellow team members.

  · Share knowledge experience and best practice with team members and other Finance colleagues

  · Pursue your own development to increase personal effectiveness and acknowledge strength

  Drive your own personal development plan to increase job effectiveness.

  Education

  Higher Diplomas: Financial Sciences (Required)

• About the company

  Absa Group Limited, and originally Amalgamated Banks of South Africa, is a South African-based financial services group, offering personal and business banking, credit cards, corporate and investment banking, wealth and investment management, as well a...

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