Finance: budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors.
To support Super Catchment and Catchment management in the attainment of the province’s financial objectives (Retail and Business Banking) by preparing and analysing the financial results (including guidance on income statement matters) of the Super Catchment and Catchment, identifying problem areas and potential for improvement.
Key Responsibilities/AccountabilitiesFinancial Performance
- Guides the Super Catchment and Catchment management on how to increase customer profitability, optimise capital usage, maximise headline earnings, economic profit and ROE through the management of key business drivers.
- Reviews Super Catchment and Catchment management financial performance, identifies opportunities for revenue enhancement / cost containment to maximise returns.
- Prepares and presents the annual Super Catchment and Catchment management budget and revised estimates in line with provincial objectives.
- Acts as custodian of the provincial income statement and balance sheet.
Responsibilities + Skills
Provides input into new business initiatives in order to inform impact on the provincial and suites income statement.Ability to translate data to inform business unit strategic objectives.Accountable for analytics and modelling for Retail and Business Banking Gauteng.Establish business financial performance predictive indices and dashboards that provide actual and anticipated performance given the market context.Takes responsibility for monthly analysis that will initially be produced on an ad hoc basis and then productionalised monthly, as appropriate.
Investigates variances to budget, provide explanations and recommend corrective action.Researches, investigates and monitors the financial impact and feasibility of various business initiatives and projects.Serves as a member of the Super Catchment, Catchment and Distribution management committees, liaising with other departmental heads, offering financial guidance / assistance in resolving problems and business planning.Participates in all projects that require business case, financial modelling or the application of discounted cash flow techniques.Plans, coordinates and executes the provincial financial planning cycles taking into account Group Finance and provincial timelines and requirements. Delivers accurate financial plans which are signed off by the respective provincial heads.Provides comprehensive provincial financial management to the business and finance stakeholders.Incorporates strategic provincial objectives and key financial performance metrics into MI reports.
Tasks require a varying degree of decision-making, analytical understanding and co-ordination across several units.Analysis will cover a wide range of subjects from customer behavior, branch performance, and sales measures