SFO: Consumer Reporting

at  Nedbank

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

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Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degree

Essential Qualifications

• Bachelor of Commerce: Honours - Accounting
• Completion of SAICA accredited articles
• CA (SA) qualificatio

Minimum Experience Level

• 2 years in financial management (preferably in the financial services industry

JOB PURPOSE

We are looking for Senior Financial Officer 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 Nedbank’s 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.
• Ensure that reporting deadlines are met to the finance team and stakeholders by adhering to set deadlines.
• Responsible for the preparation of financial, non financial and ad-hoc reports by collating or extracting data from various sources, analysing and interpreting results, including insightful commentary, of the products & units rolling up into Consumer Banking Segment.
• Responsible for preparation and loading of budgets and forecasts, within turnaround times, by gathering business requirements, understanding business trends, initiatives to support growth, and making recommendations where appropriate.
• Analytics of client segment profitability and financials (income statement, balance sheet & related ratios)
• Work with the business to review and refine Business cases, facilitate necessary approvals from Execs, and track actuals post-implementation.
• Analytics of client segment financials (income statement, balance sheet & related ratios)
• Income Statement and Balance Sheet management, which includes but is not limited to : Monthly Balance Sheet recons, ensuring general ledger entries are accurate and correctly posted by checking relevant reports, and querying incorrect postings.
• Meet deadlines by working according to a self-guided monthly calendar.
• Responsible for supporting internal and external audit where necessary
• Assisting with half year and year-end external reporting for Consumer Banking Segment.
• Build and maintain strong internal and external relationships by attending relevant meetings and regular communication
• 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 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.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Essential Qualifications

• Bachelor of Commerce: Honours - Accounting
• Completion of SAICA accredited articles
• CA (SA) qualification

Minimum Experience Level

• 2 years in financial management (preferably in the financial services industry)