Snr Assoc:Client Profitability & Costing

Job Description

Nedbank RecruitingJob PurposeTo manage the implementation of Nedbank's strategic costing objectives; policies and procedures and provide value added operational reports, including Transactional Services (TS) Client Profitability, so as to enable the business to make informed decisions.Job ResponsibilitiesEstablish activity based costing model by analysing the general ledger cost and allocation of costs and volumes for all TS Products and SolutionsEnsure accuracy of financial records by interpreting and allocating costs in all reports and recommendationsEnsure accuracy of data by balancing back the activity based costing results to the income statementsMinimise costs by staying within the stipulated the budgetEstablish and maintain sound working relationships with internal stakeholders through continuous engagement and meetingsEnsure trust is built with internal stakeholders through reliable and accurate costing reports and explanationsMeet client needs and expectations by maintaining consistent levels of service and professionalism in providing sources of information and details that would ordinarily be unavailable or unexplainedAddress stakeholder requests by timeous response and solving questions of costing in detail.Build and maintain trusting working relationships with team through communication and team meetingsEnsure the activity based costing feeds into and correctly models Activity Justified Transfer Pricing (AJTP), product catalogue thus justifying transfer pricing and quantifying actual cost to sourceEnsure AJTP deadlines are met through effective staff resources planningObtain relevant information for modelling through meeting with stakeholders during the budgeting processEnsure end to end activity based costing is modelled correctly on the costing software by reconciling the output costs back to the source of information, to establish a client profitability view for all TS Products and Solutions

Responsibilities + Skills

Creating a business planImplementing a strategic planMeasuring client satisfactionWorking with clients to solve client problems

Education

Manage performance of staff by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and take appropriate corrective action where required.

Experience

Business administration and managementCommunication StrategiesGovernance, Risk and ControlsRelevant regulatory knowledge

Job Summary

  • Published on: Tuesday, 18th February 2020
  • Designation: Snr Assoc:Client Profitability & Costing
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: not
  • Gender:
  • Application Deadline: Tuesday, 18th February 2020

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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