Finance Business Partner at Absa managing financial planning and analysis for CIB. The role focuses on delivering insights and governance to drive business decision-making and performance.
Responsibilities
Serve as a subject matter expert on financial data integrity, accounting processes, reconciliations’, analysis and reporting for end-to-end Financial Planning and Management in the business area
Develop and sustain knowledge and experience on the end to end processes, including relevant systems within scope of work
Responsible for continuous operational excellence and real-time responsiveness of finance to enable business to achieve growth and profitability objectives
Prepare for all cycles in advance and ensure adequate engagement with the relevant finance and business teams
Focus on information-driven performance improvement and formulate data into easy access standardised views
Ensure that stakeholders are appraised of key financial issues that need to be raised with executive leadership to enable integrity and timely management the BU
Identify and innovate operating practices to optimize the function
Embrace digital solutions and adopt what’s ‘best for absa’ approach in finance practices
Have a holistic eco-system view of business, that is, geography, customer, channel and product in developing information views of business
Build innovative finance business case financial information, insights and benefits tracking’s’ solutions to continuously inform management decisions
Transform and evolve Finance planning, tracking and control processes
Know BU financial ambitions and balance sheet aspirations of CIB in performance reporting
Contribute to the effectiveness of the core finance processes for CIB Finance (annual planning, forecasting, and reporting)
Understand and integrate Treasury, Risk, and Finance data from a BU perspective, where appropriate
Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity
Be an active force for good in society through business execution
Contribute to BCM & cybersecurity processes relevant to the BU and finance execution
Build trust in the finance function through the creation of a single source of financial information which is corroborated by related management information sources and alignment to the agreed accounting principles, methodologies, and underlying data are correctly applied
Generate innovative easy to comprehend progress reports for leaders on their strategic agenda, short-term and long-term plans and investments, operational success metrics, efficiencies, risks and mitigations
Interact with the stakeholders to agree minimum quality standards, as well as an agreed method of communicating and resolving any identified quality deficiencies in the reporting process
Own the process of delivery of high-quality information for regular and ad-hoc enhanced reporting to agreed requirements, timelines, and standards
Act in line with the correct governance and control frameworks across the Finance team, as well as for proactively addressing any deficiencies and exceptions
Develop and implement control procedures as deficiencies or exceptions are identified which support the production of error-free reports
Assess and drive improvement of business accounting practices and policies
Take a commercial view on business and provide contextual insights into performance reports
Generate finance narratives and insights driving business; and build pioneering new propositions
Ensure appropriate, quality and timeous delivery of accurate financial and non-financial management information to support business objectives and expectations, including appropriate financial and non-financial metrics, valid and insightful comments and packaging the information in a relevant and appropriate manner
Deliver reporting reflecting deep commercial, holistic understanding, coherency, clarity, and contextualisation
Tell the story with passion and conviction
Provide thought-leadership, insight, influence and challenge on evolving stakeholder information requirements and reporting processes to deliver analytics
Align to processes around month-end, year-end and planning cycles across the CIB finance community and BU based on the requirements from Group
Manage the production of regular, high quality, standardised financial and non-financial reporting and analytics to Business and Finance; and focus on effective collaborative stakeholder hand-offs in the production
Network with finance colleagues across GFD and create awareness of challenges, opportunities and issues and encourage collaboration
Focus on Finance skills evolution and remaining relevant
Requirements
Bachelor's degree and CPA (K)
Proficiency with Excel and PowerPoint essential
Compass system and Power BI experience is advantageous
Experience in executing finance processes (e.g. Reporting, Planning, Analysis etc)
Experience in innovative commercial environments
Knowledge of Absa accounting policies and procedures
Good understanding of business strategic objectives
Good understanding of business processes and activities and the underlying cost driver
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