Product Controller at Nedbank

Job Purpose

To direct; add value and enable business decisions through effective consolidated financial analysis; reporting and controls across a range of business functions or companies; in line with Nedbank business strategy.

Job Responsibilities

• Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial information.
• Ensure accurate and timeous budgets are submitted and reviewed by ensuring that they align with key economic indicators and group strategic initiatives.
• Ensure accurate financial results by reviewing reconciliations and following up on unreconciled items.
• Compile Financial statements by complying with IFRS and relevant regulatory frameworks.
• Comply with relevant legislation by reviewing and submitting statutory returns timeously.

• Consolidate financial reports and make value added recommendations by using information from various sources.
• Understand and meet stakeholders requirements through ongoing engagement.
• Assist in the achievement of group collaboration initiatives by identifying opportunities to create beneficial partnerships and synergies.
• Ensure relevant, best practice analysis and reporting by providing ongoing guidance and coaching to the team.
• Meet deadlines and targets through prioritising effectively, planning and communicating.
• Maintain high standards of analysis and reporting within defined timeframes by planning, organising and monitoring workflow.
• Contribute to intellectual capital development by providing continuous motivation, mentoring, coaching and on the job skills training.
• Achieve business objectives within a specific timeframes by scheduling and coordinating activities and identifying appropriate resources to perform these activities.
• Manage defined risks in the finance function and risk categories at targeted levels by adhering to internal and external guidelines/policies/ procedures/business rules/ compliance and governance requirements.
• Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
• Identify training courses and career progression for self through input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.Green Strategy).
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Essential Qualifications

• Professional Qualifications/Honour’s Degree

Preferred Qualification

Chartered Accountant

Type of Exposure

• Conducting root cause analysis
• Developing ways to minimize risks
• Managing conflict situations
• Influencing stakeholders to obtain buy-in for concepts and ideas
• Sharing information in different ways to increase internal stakeholders understanding
• Brainstorming ways of improving a product or situation
• Challenging the status quo with a view to improve people's understanding of issues
• Managing team dynamics
• Writing business proposals
• Identifying trends

Minimum Experience Level

5 years in financial management preferably in the financial services industry and 2 years managing others.

Technical / Professional Knowledge

• Banking procedures
• Business Acumen
• Cluster specific operations
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Remuneration policies and principles
• Research methodology

Behavioural Competencies

• Building Partnerships
• Earning Trust
• Communication
• Decision Making
• Planning and Organizing
• Quality Orientation