Job Description - SFM: BCB Impairments



Job Requisition Details

Requisition ID: 147506


Location: Johannesburg, Gauteng


Closing Date: 03 October 2026


Talent Acquisition: Bongiwe Mchunu

Job Family

Business and Commercial Banking Finance

Career Stream

Accounting

Leadership Pipeline

Manager of Self

Job Purpose

To support the accurate calculation, analysis, reconciliation and reporting of IFRS 9 impairments as well as regulatory reporting with the financial reporting framework and Nedbank business strategy.

Why Join Our Team

Join a high-performing finance team at Nedbank where you will play a key role in supporting IFRS 9 impairment reporting and financial decision-making within Business and Commercial Banking. This role offers exposure to complex financial reporting, regulatory frameworks, and strategic business initiatives, providing excellent opportunities to develop your technical expertise, broaden your banking knowledge, and contribute to impactful business outcomes within a collaborative and growth-focused environment.

Job Responsibilities


  • Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial information.

  • Ensure accurate and timeous budgets are submitted and reviewed by ensuring that they align with key economic indicators and group strategic initiatives.

  • Ensure accurate financial results by reviewing reconciliations and following up on unreconciled items.

  • Compile Financial statements by complying with IFRS and relevant regulatory frameworks.

  • Comply with relevant legislation by reviewing and submitting statutory returns timeously.

  • Consolidate financial reports and make value added recommendations by using information from various sources.

  • Understand and meet stakeholders requirements through ongoing engagement.

  • Meet deadlines and targets through prioritising effectively, planning and communicating.

  • Maintain high standards of analysis and reporting within defined timeframes by planning, organising and monitoring workflow.

  • Identify training courses and career progression for self through input and feedback from management.

  • Ensure all personal development plan activities are completed within specified timeframe.

  • Share knowledge and industry trends with team and stakeholders during formal and informal interaction.

  • Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).

  • Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Essential Qualifications - NQF Level

  • Matric / Grade 12 / National Senior Certificate
  • Professional Qualifications/Honour’s Degree

Preferred Qualification



  • Chartered Accountant (CA(SA)) designation


Minimum Experience Level


  • Completion of SAICA articles.1 to 2 years' post-articles experience in a finance, financial reporting, impairment, or accounting role.

  • Experience within the banking or broader financial services industry will be advantageous.

  • Exposure to IFRS reporting, financial analysis, reconciliations, and regulatory reporting is preferred.

Technical / Professional Knowledge

  • Banking procedures
  • Business Acumen
  • Cluster specific operations
  • Data analysis
  • Governance, Risk and Controls
  • Industry trends
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Remuneration policies and principles
  • Research methodology

Behavioural Competencies

  • Building Partnerships
  • Earning Trust
  • Communication
  • Decision Making
  • Planning and Organizing
  • Quality Orientation


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Please contact the Nedbank Recruiting Team at +27 860 555 566 


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