Finance Specialist - Nedbank

Job Purpose

• To drive the preparation and continuous improvement of the group’s annual financial statements and related reports to ensure the group's compliance and adherence to IFRS and other reporting requirements as set by our regulators.

Job Responsibilities

• Drive the group’s annual financial statements preparation process whilst adhering to the set financial timetable. 
• Acting as a subject matter expert by actively participating in the design, preparation, improvement and supervision of the annual financial statements and related processes using the group’s financial reporting automation tool (SAP Disclosure Management). 
• Meet deadlines and targets through prioritising effectively, planning and communicating. 

• Provide financial decision support to business leaders through regular engagements with relevant line management and other teams within Group Financial Control and within the wider group. 
• Collaborate with IFRS Advisory and other subject matter experts to ensure Nedbank’s annual financial statements and related reports remain in compliance with IFRS and reflect our commitment to remain an industry leader in market disclosure. 
• Provide pro-active, meaningful recommendations, explanations and highlight areas of concerns or anomalies by analysing and interrogating financial information. 
• Evaluate financial statements and set appropriate guidelines and procedures to ensure regulatory compliance. 
• Cooperate with internal and external auditors by supplying the required financial information timeously 
• Drive the management and close out of internal and external audit queries and comments on the annual financial statements through collaboration with note owners and subject matter experts. 
• Share knowledge and industry trends with functional teams and relevant stakeholders during formal and informal interaction. 
• Obtain buy-in for developing new or enhanced processes (ie, operational processes) that will improve the functioning of business units by highlighting benefits in support of the implementation of recommendations. 
• 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. 
• Maintain high standards of analysis and reporting within defined timeframes by planning, organising, and monitoring workflow. 
• Achieve business objectives within a specific timeframe 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 guidelines, policies, procedures, and governance requirements. 
• Identify training courses and career progression for self through input and feedback from management. 
• Ensure all personal development plan activities are completed within specified timeframes. 
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (staff surveys, etc.). 
• Participate and support corporate responsibility initiatives for the achievement of business strategy.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• BCom Degree (Accounting)
• CA (SA)

Type of Exposure

• Writing business proposals Excellent verbal and written communications" "Working with a group to identify alternative solutions to a problem
• Checking accuracy of reports and rec
• Managing conflict situations
• Drafting reports
• Sharing information in different ways to increase internal stakeholders understanding
• Building and maintaining effective cross-functional relationships with internal and external stakeholders
• Analysing and Comparing two or more sets of information
• Managing customer expectations
• Communicating internally
• Tracking cost against a budget Capturing data
• Tracking cost against a budget
• Interacting with diverse people
• Interacting with external customers
• Working in a fast passed environment
• Working in a team
• Working with spreadsheets

Minimum Experience Level

• 5 years in financial management and, or financial reporting, preferably in the financial services industry.

Technical / Professional Knowledge

• Administrative procedures and systems
• Banking knowledge
• Banking procedures
• Business principles
• Data analysis
• Governance, Risk and Controls
• Microsoft Office
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Business writing skills
• Microsoft Excel
• Microsoft Powerpoint
• Nedbank culture
• Cluster Specific Operational Knowledge
• Relevant Nedbank Human Resources policies and practices
• Relevant Nedbank policies and procedures

Behavioural Competencies

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