Financial Officer

Job Description

Job PurposeTo analyse; interpret; collate and present financial and non-financial information in order to drive strategy; enable decision making and support Nedbank Business Units; as per the business strategy.Job ResponsibilitiesPrepare budgets and forecasts within turnaround times by gathering business requirements, understanding business trends, projecting forwards and making recommendations where appropriate.Prepare all monthly reports by collating data, creating reports, analysing and commenting on the results.Meet deadlines by working within the monthly strategic calendar.Build and maintain strong internal and external relationships by attending relevant meetings and regular communication.Build trusting professional relationships by sharing professional knowledge, meeting deadlines and providing high quality work.Ensure all general ledger entries are accurate and correctly posted and approved by checking daily reports, performing quality control checks and querying incorrect postings.Perform quality control checks (daily and monthly process) by verifying data accuracy, proper authorisation and reconciling the general ledger accounts.Ensure compliance by following regulations, policies and procedures.

Responsibilities + Skills

Education

Diploma

Experience

Job Summary

  • Published on: Monday, 13th September 2021
  • Designation: Financial Officer
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Alice
  • Salary: 0
  • Gender:
  • Application Deadline: Monday, 13th September 2021

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website: https://www.nedbank.co.za/
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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