Head Of Finance: Card

Job Description

To lead a team responsible for the management and analysis of all financial activities; make recommendations in line with Nedbank strategy to enable the business to make informed financial decisions.Job ResponsibilitiesManage daily activities to ensure accuracy and completeness of financials.Conduct business-related activities prior to month-end to ensure the correctness of financial results.Track ongoing financial performance by analysing month-end results and reporting to business and the Group.Enable financial performance against targets by identifying deviations and recommending corrective action or providing justification.Ensure business continuity by having processes and systems in place to support all activities.Meet internal customer requirements to ensure adherence to service level agreements.Build and maintain relationships with internal and external stakeholders through regular engagement.Participate in internal and external forums and committees to share and acquire understanding of factors influencing the business and the Group.Engage and co-ordinate with the business to translate business strategy into approved financial plans and targets in line with Group and regulatory requirements.Ensure compliance by managing adherence to Group Risk and Compliance policies and regulatory requirements.Mitigate financial risk by staying abreast of and aligning to changes in accounting standards, policies and regulatory requirements.Provide valuable insights to business through meaningful analytics and analyses – business performance and results relative to industry, etc.Provide valuable inputs and insights into pricing teams to ensure optimal client pricing.Plan, co-ordinate and manage team to achieve deliverables.Enhance productivity by identifying, implementing and supporting process improvements.Meet business objectives by making timeous and informed decisions.Optimise efficiency and embed correct values by ensuring direct reports understand and support Nedbank’s vision, values and strategy and are measured on delivery against these.Manage performance of reports and hold them accountable for managing the performance of their reports by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and taking appropriate corrective action where required. 

Responsibilities + Skills

Preferred QualificationChartered Accountants (SA)

Education

7 years financial management in financial services sector and 5 years managing others.Essential Qualifications - NQF Level

Experience

Job Summary

  • Published on: Thursday, 11th July 2024
  • Designation: Head of Finance: Card
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: 0
  • Gender:
  • Application Deadline: Thursday, 11th July 2024
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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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