Job title:
Senior Financial Officer


Job description:
Job Classification

Job Requisition – 111725 – Melissa Cloete

Closing Date – 07 October 2021

Job Family

Finance – Nedbank Wealth Cluster – Wealth Management SA division

Career Stream


Leadership Pipeline

Manage Self: Professional

FAIS Affected

Job Purpose

The Nedbank Wealth Management Finance Team is looking for a Newly Qualified CA(SA) to join their Team.

The key purpose of the role will be 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.
  • Provide formal commentary and interpretation on financial information to stakeholders through variance analysis.
  • Prepare adhoc reports by gathering information from various sources and analyse and interpret the data.
  • Align reporting information to business changes by verifying and updating structural changes.
  • Forecast annual staff costs and head count management through staff run rate report.
  • Manage the cost of footprint roll-out by monitoring and reporting actual spend against budget.
  • Conduct (plan, implement, monitor and adjust)financial planning process which includes annual budget, 3 year plans and quarterly forecasts by looking at trends, initiatives, distribution and cost drivers.
  • Prepare financial, non-financial and adhoc reports to various stakeholders on monthly basis by gathering information from various sources and analyse and interpret the data.
  • Train and upskill new and existing stakeholders on financial management through one on one meetings and training sessions.
  • Provide advice to stakeholders on profitability by extracting information from various sources, interpreting and track on monthly basis.
  • Align the Region’s strategy to the Bank’s strategy through business planning and stakeholder engagement.
  • Prepare and present the monthly Opcom pack to the Regional Manco and Exco Team for Quarterly Business Reviews.
  • Train and upskill new and existing line managers on financial management through one on one meetings and training sessions.
  • Ensure that reporting deadlines are met to the finance team and stakeholders by adhering to set deadlines.
  • Branch Administration Centres to ensure adherence to policy and procedures.
  • Manage, track and reconcile spend on training, local area marketing and donations to ensure compliance with relevant department’s policies and/or standards.
  • Manage closed branches and adherence to process by engaging with various stakeholders (operations, capex, channel infrastructure) to minimise risk of possible fraud and losses.
  • 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.

People Specification

Newly Qualified CA(SA) with Financial Services background

Essential Qualifications – NQF Level

  • Advanced Diplomas/National 1st Degrees
  • Professional Qualifications/Honour’s Degree

Preferred Qualification


Essential Certifications

Preferred Certifications

Type of Exposure

  • Checking accuracy of reports and rec
  • Analysing and interpreting quantitative and qualitative data Working with a group to identify alternative solutions to a problem
  • Sharing information in different ways to increase internal stakeholders understanding
  • Communicating internally and external
  • Tracking cost against a budget
  • Drafting reports
  • Communicating internally. Managing customer expectations Working in a team
  • Working in a fast-paced environment; meeting deadlines
  • Working with spreadsheets
  • Interacting with diverse people and cross-functional groups

Minimum Experience Level

3 – 5 years in financial management preferably in the financial services industry.

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

Please contact the Nedbank Recruiting Team at +27 860 555 566

Expected salary:

Min Salary:

Max Salary:

Salary Type:

Johannesburg, Gauteng

Job date:
Wed, 29 Sep 2021 22:01:49 GMT

Apply for the job now!

By admin