Nedbank is looking for a Chief Financial Officer | Jobs263

Chief Financial Officer

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Jobs263 Zimbabwe
  • Post Date: May 27, 2020
  • Applications 0
  • Views 471
Job Overview
Requisition Details & Talent Acquisition Contact : 103467 – Debbie Fuyani
Location : Zimbabwe
Cluster : Nedbank Africa Regions
Career Stream : Accounting
Leadership Pipeline : Manage Business
Position : CFO Nedbank Zimbabwe
Job Purpose

To assume responsibility for the overall integrity and operation of the financial reporting for the organisation, investor relations and stakeholder management, minority shareholders and relevant regulators requirements, and develop a close working relationship with the Managing Director and Chief Operating Officer (COO) to enable enhancement of shareholder value, as per Nedbank Zimbabwe business strategy.

Job Responsibilities
  • Meet financial objectives by delivering on the financial targets stated in the Balanced Scorecard.
  • Meet business requirements by participating in group ALCO responsible for: interest rate risk appetite and measurement, capital adequacy and allocation, liquidity management, market risks, FOREX risks and investment risks.
  • Meet reporting requirements by signing off BA returns, RBZ returns and presenting results to RBZ.
  • Meet business requirements by reviewing monthly management accounts and submitting monthly to the board.
  • Meet business requirements by managing preparation of half yearly unaudited press release and audited financial statements.
  • Ensure consistent implementation by acting as custodian of banks accounting policies.
  • Develop a robust budget to meet stakeholder approval and enable the banks goals (current year forecast and future 3 year plan).
  • Facilitate debate with other EXCO members to ensure the achievement of an appropriate stretch budget per business unit relative to historic and peer group performance.
  • Enable achievement of budget by reviewing variances, considering the strategic consequences and recommending actions.
  • Assume responsibility for banks tax risk appetite, tax planning and tax compliance.
  • Ensure appropriate alignment of Nedbank Zimbabwe strategic planning with other Clusters to deliver superior shareholder value.
  • Build and sustain relations to ensure satisfied shareholders, community, regulators (inter alia RBZ, SARB, ZIMRA), customers and staff.
  • Create common view and methodology by ensuring that the business areas are aligned with the rest of Nedbank.
  • Collaborate with Chief Risk Officer, Chief Governance and Compliance Officer and Managing Director  to own the relationship with RBZ.
  • Align integrated organisational strategy with business planning to enable the competitive strategy.
  • Meet strategic objectives by overseeing the implementation of the strategy and assessing regularly.
  • Ensure the correct finance resources in terms of people, systems and processes to deliver an efficient and effective finance function to the bank.
  • Meet objectives by ensuring team adopts the leadership framework.
  • Achieve desired  culture by monitoring staff morale and targeted progression.
  • Manage staff effectively by providing appropriate leadership and guidance.
  • Attract, recruit, retain and grow quality staff through effective motivation, training and development, on-the-job coaching, reward and recognition and performance management.
  • Enable a high performing team by creating an environment in which staff are empowered to give their best.
  • Meet culture and transformation objectives by leading the creation of a diversity culture and leveraging transformation as a competitive advantage.
FAIS Affected
FAIS Affected – Yes
Essential Qualifications – NQF Level
  • Master’s Degree
Preferred Qualification
  • Chartered Accountant ,
  • Masters Degree
Minimum Experience Level
  • 8 years experience within Financial Services Industry of which at least 3 years in an executive position.
Type of Exposure
  • Achieving results through business management
  • Business competitive advantage
  • Profit; customer value & shareholder value
  • Business success
  • Understanding & valuing all business functions
  • Aligning strategy; organisation & individual capability
  • Business leadership & group management team member
  • Both short-term & long-term business results & sustainability
Technical / Professional Knowledge
  • Budget forecast assumptions
  • Business administration and management
  • Business terms and definitions
  • Change management
  • Communication Strategies
  • Employee engagement methodologies
  • Financial Accounting Principles
  • Governance, Risk and Controls
  • Leadership development
  • Principles of project management
  • Relevant regulatory knowledge
  • Strategic planning
  • Business writing skills
  • Employee benefits offerings
  • Resource allocation principles
  • Client Service Management
  • Organisational design and workforce planning techniques
Behavioural Competencies
  • Establishing Strategic Direction
  • Operational Decision Making
  • Inspiring Excellence
  • Driving Execution
  • Financial Acumen
  • Leading Change
  • Driving for Results
Job Detail
  • Career LevelOfficer
  • QualificationDegree
  • Experience5-10 Years
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