Head of Finance Personal and Business Banking

PRIMARY PURPOSE

Accountable for managing Finance for Personal and Business Banking, including finance strategy, business finance, financial control, business performance, financial planning and analysis. Includes the development of a financial and operational strategy, long term strategic plan for the business as well as business cases on new initiatives. The role manages staff members with both nationally and regional reporting. The role is part of the senior management team of retail and business banking. Setting the strategy together with the executive member for personal and business banking is key to this role.

KEY PERFORMANCE AREAS

FINANCE

Strategic Finance

• Oversee the process for business case within customer solution for new initiatives.
• Oversee pricing models within customer solution in order to support strategic pricing decisions.
• Support new initiatives within customer solution.
• Support and manage strategic planning on all businesses within customer solution

Business Performance

• Ensure all mandatory reporting for customer solution is done accurately and timeously
• Participate in key decision as a member of the executive management team within customer solution
• Manage any third parties to which functions have been outsourced
• Maintain in-depth relations with all members of the management team

Financial planning & Analysis

• Oversee financial planning for all business units in customer solution, working close to all business units internal and external
• Support any bank executive discussion on performance on business unit

Stakeholders

• Deliver credible and effective stakeholder relationships
• Ensure the creation of partnership with business owners

Financial Operation

• Oversee financial operation participate in key financial operational decision of the bank

OPERATIONAL EXCELLENCE

Strategic Finance

• Oversee that all models have been updated and maintain by team members
• Oversee all pricing discussion and ensure that suffusion models have been use by team members

Business Performance

• Oversee all business performance information. Ensure that information is relevant and that information can be used to drive performance within the business.
• Use information to drive performance within customer solution

Financial planning & Analysis

• Oversee financial planning and analysis process within customer solution

Financial Operation

• Oversee that financial operation is done correctly to minimize the risk to the business
• Managing end to end finance for customer solution including direct and indirect reports on a daily basis

LEARNING AND GROWTH

Training of Subordinates

• Ensure multi-skilling takes place within the team and employees receives exposure in all areas of the function based on skill set and capabilities
• Arrange training and development exposure in line with identified development areas of employees and encourage employees to take ownership of professional development
• Coaching and mentoring

REQUIREMENTS

Qualifications: ACMA / CA (SA) ACMA/ CA(SA) plus Masters qualification

Experience:

10 Year plus in Financial position within Banking.
Experience within a business unit - divisional head or divisional CFO.
5 year plus experience within personal , business banking and card.
At least 5 years Management experience 10 Year plus in Financial position within Banking.
Experience within a business unit - divisional head or divisional CFO.
5 year plus experience within personal , business banking and card.

Knowledge, Skills and Abilities Required

• Knowledge and understanding of the complexities involved in Financial within payment systems
• Expert knowledge – Accounting Principles , management Internal policies and procedures
• Ability to operate effectively under pressure
• Financial acumen
• Integrity
• Management and leadership skills
• Attention to detail
• Excellent communication skills.

WORK CONDITIONS: OFFICE BOUND

This position is advertised in line with our commitment to Employment Equity.