Finance Director

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.

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Job Summary
To provide strong leadership to the country Finance team and work to strengthen the E2E reporting between the countries and the regional processing centre.

Be the Finance Business Partner to the MD in country.

Ensure process and data integrity across the business by complying with governance requirements including the Sabarnes Oxley process and IAS

Work with the MD to drive the business and enable the performance management of the other functions within the business.

To produce schedules/ templates, which accurately present regular and ad-hoc management information.

To performance manage direct reports.

Job Description
Key accountabilities

• Lead and motivate staff
• Identify individual and team development needs regularly monitoring team and individual performance, providing coaching and recommending and/ or arranging training.
• Conduct formal performance and development reviews for direct reports,
• Facilitate the effective use of resources across teams (within the wider finance and business community), recognizing where the resource from one team may usefully be employed to utilize their skills and experience in another.
• Responsible for the production of monthly financial data and commentary relating to the business in the format required for Absa Management Accounts.
• Responsible for the accuracy of the functional reporting to, other SBU's and within Absa for all
• Ensure the ad-hoc requirements for analysis of financial information are responded to promptly and accurately.
• Review regular trend analysis of specific cost and income lines to identify potential problem areas and possible savings and report findings as appropriate.
• Provide monthly reports on monthly balance sheet provisions for each function.
• Responsible for processing and reporting credit and non-credit risk provisions held.
• Responsible for Strategic Investment and Restructuring reporting
• Responsible for establishing and maintaining the annual budget process to ensure that budget data is completed for all profit/ cost centres.
• Responsible for facilitating the agreement of and budgeting for Economic Transfer Agreements
• Establish and manage a robust procedure for the regular review of the full year forecasts for all profit/ cost centre
• Ensure appropriate records are kept for audit purposes.
• Ensure that all activities and duties are carried out in full compliance.

Preferred Education

• Degree in Finance and Accounting
• Certified Chartered Accountant

Preferred Experience

• Experience At least 7 years Financial Management/ Finance Business Partnering experience
• Working in an environment of change
• Experience of statutory and management reporting
• Experience of SAP
• Excel to Advanced Level; Power Point and Word to Intermediate level
• International experience with larger multi- national
• Experience of working in virtual teams, reporting in complex matrix reporting lines
• Working within in multi-cultural environment and on hand diversity management experience would be favourable

Education
Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)