Job Summary

To provide the senior management team with an insightful knowledge of the bank’s business drivers through robust and challenging analysis.
To provide a proactive approach to improving quality of management information and analysis.
Act as a focal point for communication between Finance and other departments / clusters within ABT and Group Finance on budget and performance issues.
Identify cost drivers and recommend cost control / management initiatives.
To lead the business analytics team.
As part of Finance function leadership team to play a leadership role by providing insights, ideas and technical accounting and business solutions for the betterment of the bank

Main accountabilities and approximate time split

Planning 40%

To co-ordinate preparation of ABT’s medium term plan and budgets including providing management with analytical support to enable them to prepare and submit quality budgets within agreed periods.
To challenge functional budgets thereby ensuring that they are realistic and stretching.
To ensure capital budgets are adhered.
Build a relationship with all budget holders at all levels.
Ensure functional and Group cross working in Country and with Group and Cluster Teams.
To agree key budget assumptions and to prepare the budget timetable.
Prepare CMC and Board packs on performance assessment against set budgets

Performance Management 50%

Effective presentation of detailed business performance analysis through production of monthly management accounts.
Support and constructively challenge monthly results, forecasts and plans for each of the business line.
Perform ad hoc analysis within set deadlines and as requested by senior management.
Identify value adding initiatives in conjunction with Chief Financial Officer and other business leaders in other functions.
Provide accurately segmented information on income, costs, and balance sheet to satisfy internal and external functional needs.
Prepare and submit / forward Ml requests from CMC members and Group Finance within agreed deadlines and to ensure the information meet the highest standard.
To prepare capital plans and to review every month to ensure that there are no violations of WRA ratios and other BOT requirements.
Be aware of and up to date with all financial and commercial issues affecting the bank.
Recommend system enhancements to strengthen financial management systems.
Managing group reporting that falls under planning and performance management.

Staff Management 10%

Help team members to identify strengths and weaknesses in their own skills and attributes, review their self-development plans and ensure training and development needs are accommodated.
Coach team members on Planning & Performance Management.
Assess employee’s performance against contract. Review and input to Performance Management Reviews.

Risk and Control Objective

Manage risk and control effectively by applying applicable risk frameworks and embedding a positive risk culture.
Understanding of own role in the end-to-end processes in which you play a part, including applicable risks and controls.
Adhere to Barclay’s policies and procedures applicable to own role, demonstrating sound judgment and responsible risk management.
Report all risk events / incidents / issues using the defined process for your business area and help to understand why these happened and how to prevent them in future.
Proactively look for ways to improve the control environment by considering what could go wrong in the processes you operate and how errors could be prevented.
Continuous and proactive engagement with regulatory bodies, unions where applicable
All mandatory training completed to deadline.

Bachelor’s Degree in Accounting, Finance, Taxation, Banking, Actuarial Science or Computer Science.
CPA (T)/ACCA Qualified Member – Qualified Certified Accountant is a must.

Very strong computer and MI skills necessary for preparation of financial and performance presentations to senior management and Board of Directors. Advanced level skills on Microsoft Excel, Word, and PowerPoint
Strong analytical and diagnostic skills.
Strong planning skills – Experience in budgeting process in organizations.
Excellent communication skills at all levels.
Excellent understanding of competitive activity.
Good understanding of global and domestic economic trends.
Ability to work to tight deadlines without compromising quality.
Strong team player with good interpersonal, negotiation and influencing skills. Ability to influence senior management across the business.
Experience in the financial services environment.
Experience in Leadership positions of not less than 3 years leading a team of two people or more and overall experience of not less than 5 years.
Excellent Accounting knowledge
Flexibility and experience to work as Financial Controller will be an added advantage.

Broad knowledge of the Bank’s financial, costing and management accounting processes.
Good knowledge of the bank’s products and services.
Good Knowledge of Bank’s balance sheet structure.

Experience of working in a financially focused role.
Experience of providing financial support and advising and influencing business management.
Excellent analytical skills to enable financial and operational analysis and interpretation.
Able to assimilate, interpret and communicate complex financial analysis to non-financial people.

Training likely to assist effectiveness in the role, and which may have been completed prior to undertaking this role:

Our Values provides a framework for how we in Absa work together and how we serve our customers and the communities we are in:

Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)