Finance Officer - Absa Bank



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Finance Officer - Absa Bank





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1. Patiently scroll down and read the job description below.

2. Scroll down and find how to apply or mode of application for this job after the job description.

3. Carefully follow the instructions on how to apply.

4. Always apply for a job by attaching CV with a Cover Letter / Application Letter.


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, 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 a possibility.

Job Summary

  • Lead the preparation of management accounts, performance reports and business review packs.
  • Support the process of daily, weekly, and quarterly reconciliation
  • Provide financial and analytical support.
  • Identify and implement opportunities for automation, process improvement and efficiencies. E.g., the subsidized interest rate to offset part of the Grant amount
  • Proactively improve the quality of management/financial information and analysis.


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Job Description

Performance Reporting – Time Split – 35%

  • Support the preparation and submission of monthly management/financial accounts.
  • Provide sound commentary for all report decks for senior management.
  • Timely and accurate reconciliation of monthly payments incurred by the Project
  • Support the preparation and submission of monthly reports and commentary on the Absa Young Africa Works Project.
  • Manage the reporting calendar by developing and maintaining a reporting dashboard that tracks report submissions to the Absa Young Africa Works project and country.
  • Manage the resolution of all queries with regard to actual performance compared to the budget for cost, assets etc.
  • Ensure the standardization of the structure and format of all reports
  • Coordinate with Business and own all aspects of the key process for both Actual reporting and budget.

Planning & Analysis- Time Split – 35%

  • Support the preparation of Short- and Medium-Term Plans.
  • Ensure accurate and timely submission, business plans and Strategies in line with the Absa Young Africa Works project timetable.
  • Maintain teamwork / collaborative relationship with key stakeholders (e.g., Risk, Treasury, Business Partners, Financial Control, donor agencies) to facilitate planning processes and timely resolution of issues.
  • Review cost and income lines, liaise with Financial Control to align results and share insights for advanced decision-making.
  • Continuously analyze financial results and forecast assumptions and share insights/ trends with the Absa Young Africa Works project and business.
  • Provide ad-hoc performance and trend analysis reports when required.
  • Coordinate and consolidate inputs for routine and ad-hoc requests (e.g., quarter& half-year commentary, forecast and actual performance reviews, etc.) from Absa Young Africa Works project and business

Process Improvement & Reconciliation -Time Split -15%

  • Identify and recommend process/system improvements to make the planning and reporting cycle more effective
  • Continuously align Absa Young Africa Works project and business numbers ensuring all mapping issues are resolved.
  • Institute a system/process to manage subsidized interest against Grant amount.
  • Provide continuous training on all key changes in the financial/management reporting policies with Absa Young Africa Works project


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Team Management / Personal Development- 15%

  • Provide specific task support.
  • Develop new analytical capabilities and pursue a personal development path to increase job effectiveness.
  • Keep abreast with current developments in the banking industry including micro and macro-economic factors and trends.
  • Keep abreast with MasterCard Foundation strategies and policies
  • Take ownership of your personal development as well as the development of team members

Education

Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

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How to Apply

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Disclaimer

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  • The Recruiter reserves the right not to proceed with filling the position.
  • An application will not in itself entitle the applicant to an interview.

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