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Johannesburg: Senior Financial Manager (6 – month contract) Banking posted by Isilumko Staffing

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Job Description

Job Responsibilities include:

  • Contribute towards finance strategy through obtaining a deep understanding of the business environment (external and internal).
  • Liaise with business executive stakeholders as well in internal financial stakeholders to challenge and resolve financial management related issues.
  • Drive group finance financial management objectives through demonstrating sound business knowledge/ market awareness.
  • Review and approve commentary submitted to reporting function (or relevant area) to ensure its accuracy, value adds and effectiveness in communicating key trends, risks and other critical information.
  • Ensure the provision of both financial and non-financial information and support to relevant stakeholders.

  • Provide meaningful and commercially astute insight to stakeholders through the analysis and explanation of the impact of business activities on total costs. In addition, recommend measures of improvement for your stakeholders.
  • Manage the review and substantiation of all financial controls.

  • Manage the review of transfer recovery cycles and methodologies ensuring total recoverable costs are recovered from the service recipients.

  • Continuously seek innovative ways to improve value added services to business and finance.

  • Deliver on ad hoc requests in a timely manner and ensure all stakeholder expectations are appropriately managed throughout the process.

  • Lead, implement and manage monthly financial reporting, including preparing appropriate commentary.

  • Lead, implement and coordinate annual budgeting, revised estimates, forecasts and actuals processes.

  • Explore cost saving optimisation and drive implementation thereof.

  • Lead, implement and execute analytical investigations and ad hoc projects that serve to add value to stakeholders.

  • Co-ordinate and monitor various financial management processes and projects.

  • Assume responsibility for all management information packs produced and circulated to your relevant stakeholders including the interpretation thereof.

  • Maximise opportunities for the benefit of both finance and business, through strategic relationships with stakeholders

  • Drive effective change management of all finance led initiatives into business.

  • Develop and achieve effective relationships with various stakeholders at varying levels of responsibility to achieve business objectives.

  • Obtain an understanding of the business environment and processes which are being supported in order to add value and drive the appropriate decision making to occur.

  • Provide input into people strategy for the area with a focus on talent management, resourcing, development and retention.

  • Develop and foster strategic stakeholder relationships with area heads across the group.

  • Lead through execution the financial input and feasibility studies for new projects initiated by relevant stakeholders in line with Group Investment decision framework.

  • Enforce the group guidelines and policies around financial management and financial control.

  • Manage the performance management process of direct and indirect from goal setting, Personal development planning, continuous performance monitoring and formal evaluation and appraisal of annual performance contract.

  • Develop and execute measures of improvement for your stakeholders.

  • Coach/mentor individuals to mature their professional skills and careers.

  • Provide strategic input to the development and design of reporting team deliverables to ensure sufficient and appropriate levels of reporting is achieved.

  • Plan and develop the co-ordination of information from financial managers on a daily, monthly, annual and ad hoc basis.

  • Conduct financial input and feasibility studies for new projects initiated by stakeholders.

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Requirements:

  • Must have a Postgraduate Degree in Business Commerce, Finance and Accounting.
  • 8 – 12 years’ experience in a financial or management accounting role.
  • Banking experience doing central reporting and BCB results.



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