Deal of the day

Finance Business Partner at Absa Bank Limited

Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.

Job Summary

  1. Supporting the Investor relations office and providing vital information to disseminate the bank’s performance.
  2. Research information analysis and provision of competitor analysis to help in decision making.
  3. Understand and challenge the performance of the business via highly effective performance management information and supporting key business decisions through providing detailed analysis of the financial implications of such decisions. To support the business partner community by:
  4. Providing data analysis and financial modelling support for key projects and decision making within the business.
  5. Carrying out analysis, summarizing performance and preparing presentations of financial and non-financial performance.

Job Description

Main accountabilities and approximate time split

Accountability: Business Performance Management                                                      

Time split: 45%

  • To develop and report financial and other performance measures (metrics) required by the business e.g., the Monthly Business review Pack, Benefits Management Committee and Board papers
  • To monitor actual performance against target and to analyze variances.
  • Support input of the financials to the investor relations packs, support management in investor relations sessions, press release and the results announcement.
  • To respond to routine and ad hoc information requests.
  • To produce reports that enable the identification options for improved financial performance and cost reduction.
  • To support the business – in the production and review of specific technical elements of Management Accounts KPIs, margins review, FTP, ALM, endowments.

Accountability: Decision Support

Time split: 40%

  • To review the financial business case for all investment projects undertaken by your business and to monitor benefits by gathering data and calculating costs, benefits and post implementation reviews.
  • To provide support and analysis on a range of technical issues in connection with the Financial and Management Accounts e.g., variance/trend analysis (actuals v budget) makeup of specific costs etc.
  • To provide competitor analysis on a quarterly basis to support decision making.
  • Lead in CFO/Finance mission statement updates, provide commentary to the performance metrics and actions.

Accountability: Strategy & Planning                                                                                     

Time split: 10%

  • Undertake key elements of strategic management activity, involving the identification of how value is created, destroyed, and driven in the function.
  • To support the business in its MTP/STP/RAF processes.
  • Support completion and tracking of the bank strategy

Accountability: Team and Staff Management                                                                                     

Time Split: 5%

  • Take responsibility for personal performance development, training and career development plans and ensure they are relevant and progressed.
  • Actively contribute to both immediate team and relevant customer contacts.

Technical Skills and Competencies

  • Part qualified/ newly qualified accountant (those training towards accounting qualifications will be considered).
  • Proven experience of working in a financially focused role.
  • Financial Modelling.
  • Presentation skills.

Knowledge, Expertise and Experience

  • An ability to acquire skills quickly to interrogate systems e.g., TM1
  • Good communication skills, particularly the ability to summarize large amounts of data and present in a concise and readily understood format. Including the ability to communicate complex financial analysis to non-financial people.

Knowledge and Expertise – Preferred

  • Knowledge of Absa accounting policies and procedures.
  • Good understanding of business strategic objectives.
  • Good understanding of business processes and activities and the underlying cost drivers.


Bachelors Degree and Professional Qualifications: Financial Sciences (Required)

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Deal of the day