SFO: Expenses & TP

Job Requisition Details

REQ#144158

Location: Johannesburg, Gauteng

Closing Date: 26 February 2026

Talent Acquisition: Bongiwe Mchunu

Job Family

Career Stream

Leadership Pipeline

FAIS Affected

Job Purpose

To generate; analyse and report reliable; meaningful financial and non-financial information related to Transfer pricing and expenses to support the requirements and decision making of the business; in line with Nedbank's strategy.

Job Responsibilities

• Forecast and predict monthly flash report towards end of every month by analysing trends and cost drivers.


• Generate and compare flash results performance to various budget figures and measure growth against previous periods by performing a variance analysis.


• Provide formal commentary and interpretation on financial information to stakeholders through variance analysis.


• Prepare adhoc reports by gathering information from various sources and analyse and interpret the data.


• Align reporting information to business changes by verifying and updating structural changes.


• Forecast annual staff costs and head count management through staff run rate report.


• Manage the cost of footprint roll-out by monitoring and reporting actual spend against budget.


• Conduct (plan, implement, monitor and adjust)financial planning process which includes annual budget, 3 year plans and quarterly forecasts by looking at trends, initiatives, distribution and cost drivers.


• Prepare financial, non-financial and adhoc reports to various stakeholders on monthly basis by gathering information from various sources and analyse and interpret the data.


• Train and upskill new and existing stakeholders on financial management through one on one meetings and training sessions.


• Provide advice to stakeholders on profitability by extracting information from various sources, interpreting and track on monthly basis.


• Align the Region's strategy to the  Bank's strategy through business planning and stakeholder engagement.


• Prepare and present the monthly Opcom pack to the Regional Manco and Exco Team for Quarterly Business Reviews.


• Train and upskill new and existing line managers on financial management through one on one meetings and training sessions.


• Ensure that reporting deadlines are met to the finance team and stakeholders by adhering to set deadlines.


• Branch Administration Centres to ensure adherence to policy and procedures.


• Manage, track and reconcile spend on training, local area marketing and donations to ensure compliance with relevant  department's policies and/or standards.


• Manage closed branches and adherence to process by engaging with various stakeholders (operations, capex, channel infrastructure) to minimise risk of possible fraud and losses.


• Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters, websites and attending sessions.


• Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.


• Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.


• Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced and certifications obtained and/or maintained within specified time frames.


• Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team.


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


• Participate and support corporate social responsibility initiatives for the achievement of key business strategies.


• Identify and recommend opportunities to enhance processes, systems and policies and support implementation of new processes, policies and systems.

Essential Qualifications - NQF Level

Preferred Qualification

• Bachelor of Commerce: Honours - Accounting

Minimum Experience Level

• 3 - 5 years in Financial Management preferably in the Banking/Financial Services industry.

Technical / Professional Knowledge

Behavioural Competencies