Job Description
About the Role
Network Finance is seeking an experienced Finance Manager to lead our banking division’s financial reporting and budgeting processes. The successful candidate will be responsible for preparing monthly management information, tracking key financial drivers, and coordinating divisional budgets and forecasts.
Key Responsibilities
- Prepare monthly management information and reporting packs for multiple lending divisions, including home loans, business loans, and specialised lending.
- Finalise monthly trial balances per division.
- Track and analyse key financial drivers to support internal and external reporting.
- Engage with business units to obtain weekly and monthly cashflow forecasts for ALCO reporting and long-term planning.
- Work closely with risk and IFRS9 specialists to review and challenge impairment reporting.
- Represent finance in monthly operational meetings with product divisions.
- Coordinate divisional budgets and forecasts, including income statements, balance sheets, and cash flow projections.
- Manage external reporting requirements, including input into annual financial statements and regulatory reporting.
- Coordinate and manage internal and external audit queries related to divisional reporting.
- Review the work of a junior team member, including journals, transactions, and amortisation schedules.
Requirements
- BCom Honours in Finance, Accounting, or a related field.
- Minimum 3 years’ experience within the banking industry.
- Proven experience in management reporting and coordinating financial month-end processes.
- Hands-on exposure to budgeting and forecasting processes.
- Strong financial analysis and reporting pack preparation for senior stakeholders.
Qualifications
- Advanced Microsoft Excel skills.
Salary & Benefits
No salary information is available.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Finance/Accounting Management Jobs in Gauteng
In Gauteng, South Africa, the finance and accounting management field is a significant contributor to the province’s economy, with various industries relying on skilled professionals to manage their financial operations. Typically, this field offers stable employment opportunities with good prospects for career advancement. Generally, the demand for finance and accounting managers remains high across multiple sectors.
Salary expectations for finance and accounting management positions in Gauteng are generally broad and can vary widely depending on factors such as experience, company size, and industry sector. Broadly speaking, salaries typically range from R400 000 to R1 500 000 per annum, with senior roles often commanding higher remuneration packages. However, these figures are subject to change and may not reflect actual salaries for specific job openings.
Common skills required for finance and accounting management positions include proficiency in financial software, strong analytical and problem-solving abilities, excellent communication and leadership skills, experience with financial reporting and regulatory compliance, knowledge of financial management principles and practices, and a solid understanding of taxation laws. Typically, candidates with a degree in finance, accounting, or business administration are well-suited for these roles.
Finance and accounting managers can be found across various industry sectors, including the financial services sector, technology industry, manufacturing sector, and more. The financial services sector, for example, often employs finance and accounting professionals to manage its operational finances, while the technology industry may require them to oversee the financial aspects of software development or IT projects.
Career progression opportunities in this field are generally good, with experienced finance and accounting managers often moving into senior roles such as department head or director of finance. Many companies also offer training and development programs to help employees acquire new skills and advance their careers.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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