Chief Financial Officer

Benefits

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Empowering Africa's tomorrow, together...one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. My Career Development Portal : Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility. Job Summary To lead the country Finance team in strengthening end-to-end reporting between the country and the regional processing centre, acting as the Finance Business Partner to the MD. This role ensures process and data integrity, compliance with governance requirements, supports business performance management across all functions, and provides accurate and timely management information through regular and ad-hoc reports, while managing the performance of the finance team. Leadership of the Finance, Treasury, Sustainability and Strategy function at a country level including accountability for: - To provide strong leadership to the country Finance, Treasury, Sustainability and Strategy teams and work to strengthen the end-to-end reporting between the country and the region. - Be the Finance, Treasury, Sustainability and Strategy Senior Advisor to the Managing Director in country. Ensure appropriate controls and processes are in place in support of accurate and timely reporting of the financial data and the mitigation of potential risks therein. - Ensure all Statutory financial reporting is compliant with international accounting standards (IFRS) and local regulations. - Lead the assessment of competitor and other external data to support business strategy formulation. - Play an instrumental role in the formulation, execution and tracking of strategy and related KPIs. Provide challenge and support to all business areas to drive sustainable performance. - Develop the banks enterprise MI function, building strategic capability to support improved decision making and tracking. - Drive business financial performance supported by actionable insightful, accurate reporting as well and enable the performance management of the other functions within the business. - Enterprise-wide support for allocation of financial resources. Expert views on optimizing capital based on environmental factors across short-, medium- and long-term time horizons. - To provide executive leadership to oversight teams in identifying and managing all risk types and liaising directly with the businesses as appropriate. - Manage Tax risk within acceptable limits. - Act as key contact on all matters across all stakeholder groups, including Regulators, Industry Associations, Regional stakeholders, Audit firms, Colleagues etc. Job Description Value Enabler (Applied) As an Absa Managing Executive Leader, you are a Group Functional Executive in our leading Pan African Bank. As an influencer and value enabler in a business line capacity, you use your decades of industry experience, knowledge and insight from the competitive marketplace and internal and external data sources to execute the enterprise vision through your functions strategy applied in the line of business. You provide feedback and direction to the central functional unit value chain. You actively remove stumbling blocks for cooperation and delivery across the Bank. You take direction from Business needs, balancing central functional purpose while incorporating the contributions of value defenders into the business value chain. You influence, set and adopt group architecture. You communicate with integrity and conviction, setting the tone and context of the function for others to follow. You ask provocative questions to trigger innovation and organisational renewal. You set and drive goals to optimally enable businesses to capitalise on opportunities and maximise profit and customer value. Financial Reporting (15%) - Responsible for the production of monthly financial data and commentary relating to the business - Responsible for the accuracy of all financial reporting, including Enterprise reporting to ARO, functional reporting to Group, Regulatory reporting, Tax returns, Statutory publications, management reporting and other reporting as may required from time to time. - Provide strategic analytical review of key performance lines to ensure potential risks and opportunities are quickly identified and suitable actions are undertaken Provide timely, accurate data across the business in support of action oriented decisions. Strategically build out the skills and capability of the Data and Analytics function to increasingly support optimised, digital and insightful data to all areas of the business. Financial Resource Management (10%) - Maintain oversight of capital, ensuring it is managed as a resource and returns are optimise

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