Senior Financial Manager: COE

at  Nedbank

LEADERSHIP PIPELINE

Manage Others
Why should you join us.
Nedbank is seeking a Chartered Accountant (CA) with expertise in product management and analytics to join as the Senior Financial Manager: COE. In this role, you’ll oversee financial activities, manage daily operations, and provide strategic insights to drive business decisions. You’ll lead the financial strategy for rewards programs and value-added services, optimize costs, and drive revenue growth. Additionally, you’ll build and maintain a high-performing finance team, focusing on talent development and process improvements. Join Nedbank to shape financial strategy in a collaborative and innovative environment.

MINIMUM EXPERIENCE LEVEL

• 5 years in financial management preferably in the financial services industry and 2 years managing others
• Strong understanding of non-interest revenue and its importance in a banking context.
• Ability to provide insights into NIR to support strategic decisions such as pricing and identifying revenue leakage.
• Experience working with data specialists or business intelligence teams.
• Ability to specify rules for data analysis and reconcile data insights with financial ledgers to ensure accuracy and integrity.
• Ability to collaborate effectively with cross-functional teams, including those with technical expertise in data.
• Strong communication skills to convey complex financial data to non-financial stakeholders.
• Comfortable working with data, even if not directly handling SQL or other technical tools.
• Ability to work with data partners to achieve common goals and bring a finance perspective to data analysis.
• Experience in product management or product development is a plus, with the ability to rate their experience level.

ESSENTIAL QUALIFICATIONS - NQF LEVEL

• Professional Qualifications/Honour’s Degree

PREFERRED QUALIFICATION

• Chartered Accountant

TECHNICAL / PROFESSIONAL KNOWLEDGE

• Banking procedures
• Business Acumen
• Cluster specific operations
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Remuneration policies and principles
• Research methodology
  Disclaimer

JOB PURPOSE

To direct; add value and enable business decisions through effective consolidated financial analysis; reporting and controls across a range of business functions or companies; in line with Nedbank business strategy.

JOB RESPONSIBILITIES

• Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial information.
• Ensure accurate and timeous budgets are submitted and reviewed by ensuring that they align with key economic indicators and group strategic initiatives.
• Ensure accurate financial results by reviewing reconciliations and following up on unreconciled items.
• Compile Financial statements by complying with IFRS and relevant regulatory frameworks.
• Comply with relevant legislation by reviewing and submitting statutory returns timeously.
• Consolidate financial reports and make value added recommendations by using information from various sources.
• Understand and meet stakeholders requirements through ongoing engagement.
• Assist in the achievement of group collaboration initiatives by identifying opportunities to create beneficial partnerships and synergies.
• Ensure relevant, best practice analysis and reporting by providing ongoing guidance and coaching to the team.
• Meet deadlines and targets through prioritising effectively, planning and communicating.
• Maintain high standards of analysis and reporting within defined timeframes by planning, organising and monitoring workflow.
• Contribute to intellectual capital development by providing continuous motivation, mentoring, coaching and on the job skills training.
• Achieve business objectives within a specific timeframes by scheduling and coordinating activities and identifying appropriate resources to perform these activities.
• Manage defined risks in the finance function and risk categories at targeted levels by adhering to internal and external guidelines/policies/ procedures/business rules/ compliance and governance requirements.
• Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
• Identify training courses and career progression for self through input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders’ businesses by highlighting benefits in support of the implementation of recommendations.
• 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 responsibility initiatives for the achievement of business strategy (e.g.Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.