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.Job Summary The Planning team, a sub-team within Group FP&A, is responsible for overall financial planning across Absa Group (preparation and review of forecasts and short-and medium-term budgets that inform the Integrated Plan). Analysis of competitors, trends, revenues, new products/businesses etc. Preparation of briefing notes for annual results presentations. Ad hoc analysis and research, often related to presentations to Exco and other senior managementThis role supports the preparation of these key deliverables and provides analysis and inputs into these processes.Job DescriptionAccountability: Assist the team in team executing the following deliverables to Exco and other members of senior management:Project management and analysis of key planning deliverables throughout the year: RAF, STP, Stress Testing and Integrated Planning outputsCompetitor analysisResearch projects - gathering financial data and creating insightful, decision useful analysis and thought piecesResults presentations at half year and year endOther ad hoc projects and presentationsFinancial scenario analysis and stress testingConsolidating financial information for senior managementAttend meetings to assist executives to understand and complete their tasks to achieve teamgoalsAccountability: Ad-hoc requirements/submissionsExecute ad-hoc queries on a daily basis that are dependent on external and internal requirements and vary considerably throughout the year.Attend various committee meetings in which one will use their understanding of margins, impairment trends or economic understanding to provide a valuable contribution. In some instances the contribution will be on a discussion basis and in others a submission to the committee is required.Perform analysis and make recommendations on Balance sheet optimisationProvide other departments (Efficiency office, office of the CEO, treasury etc) with a range of information (analysis, forecasts, and actual financial data etc) to perform their respective tasks. The information supplied may need to be package in a different format to make it relevant for their respective needs. An understanding of the roll-up structures within the Absa Business and good financial understanding is vital in this instance so as to avoid misrepresenting information.Accountability: Cluster Relationship Manager (CRM) rolesProvide analysis support relating to role to respective cluster through submissions, due dates and planning Interact with and supply guidance to Business units on a daily basisPerform all other duties as reasonably assigned.Peer responsibility: Engage and develop finance and business savvy leaders.Play to our A-Game culture of culture of inclusivity, diversity, entrepreneurship, and ownership.Network with finance colleagues across Group Finance and create awareness of challenges, opportunities and issues and encourage collaborationFocus on Finance skills evolution and remaining relevant.Qualifications and experience:B-degree in Accounting/Financial management (NQF level no.6)3 years Technical experienceKnowledge and skills:Basic Financial AccountingAnalytical skillsSelf-driven and good interpersonal skillsAttention to detailDeadline drivenAdvanced Excel and PowerPoint skillsPreferred:Knowledge of financial marketsKnowledge of economicsCompetencies:Deciding and initiating actionLearning and researchingEntrepreneurial and commercial thinkingRelating and networkingAdapting and responding to changePersuading and influencingCreating and innovatingEducationBachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.Absa Bank Limited reserves the right not to make an appointment to the post as advertised
