Manager: Financial Operations

Description

• The objective is to provide efficient service, ensuring compliance to all banking procedures and policies, Control and Manage Cost and ensuring optimal workflow between departments without incurring unmanageable risks
• The Incumbent will be responsible for the finance operations of the Bank: Expenses, Creditors, Payroll, Fixed Assets and Taxation

Duties

• Manage expenditure to ensure that controllable costs and operational costs are within budget
• The incumbent will be responsible for the Bank’s expenditure by monitoring, and ensuring all costs are contained and verified and reporting any variances
• Manage and control all Accounts payable
• Ensure that fixed assets and accounts payable are appropriately accounted for the Bank’s balance sheet
• Ensure all expenses are accounted for appropriately on the Bank’s income statement
• Prepare monthly financial results and provide EXCO with meaningful information relating to operating expenses
• Prepare board submissions relating to operating expenses, Capex and taxation
• Build and maintain collaborative business relationships and have an understanding of the business strategy and operations through ongoing engagement with stakeholders
• Preparation of annual budgets relating to operations and monthly tax calculations
• Ensure accurate and complete tax accounting and reporting by implementing and ensuring adherence to the necessary processes and controls
• Identify possible risk areas through compliance tracking
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank
• Maintain a high performing team and ensure an environment for optimal performance is created

Requisites

• Essential Qualifications - NQF Level:
• Matric / Grade 12 / National Senior Certificate
• Professional Qualifications/Honour’s Degree
• Preferred Qualification
• Chartered Accountant
• Minimum Experience Level:
• Completed Articles and at least 2 years experience on manager level
• Experience in a banking environment will be an added advantage.
• Advance knowledge of Excel, Word and PowerPoint.
• Knowledge of SAP will be an added advantage.
• Key Competencies:
• Personal accountability
• Innovation
• Analytical ability
• Communication and interpersonal skills
• Assertive judgmental skills
• Time management and organizational skills
• Team management and development
• Technical / Professional Knowledge:
• Banking procedures
• Business principles
• Business writing
• Cluster specific operations
• Governance, Risk and Controls
• Principles of financial management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Research methodology
• Decision-making process
• Behavioural Competencies:
• Applied Learning
• Communication
• Decision Making
• Work Standards
• Managing Work
• Technical/Professional Knowledge and Skills

Notes

• Only shortlisted applicants will be contacted