Tuesday, February 27, 2024
HomeJobsAbsa Bank New Vacant Position

Absa Bank New Vacant Position

Absa Bank invites the services of the Group Planning and Reporting Manager

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are a possibility.

Job Summary

  • Lead the preparation of management accounts, performance reports and business review packs for Country Management Committees and Group Executive Committee.
  • Support the process of setting medium (3years) and short term (1 year) strategic plans and the annual forecasting process for all segments.
  • Provide financial and analytical support for advanced decision making.
  • Identify and implement opportunities for automation, process improvement and efficiencies.
  • Proactively improve the quality of management information and analysis.

Job Description

Main accountabilities and approximate:

Business Performance Reporting – Time Split – 35%

  • Support the preparation and submission of monthly management accounts including, Country Management Committee (CMC) decks for monthly performance Reviews.
  • Preparation and submission of monthly ALCO Reports.
  • Provide sound commentary for all reports decks for senior management and the board.
  • Timely and accurate upload of monthly group management accounts for all business segments into the Compass System.
  • Support the preparation and submission of monthly flash and commentary to Absa Africa Group Office.
  • Manage the reporting calendar by developing and maintaining a report dashboard that tracks report submissions to both country and Group stakeholders.
  • Manage the resolution of all queries with regards to actual performance and flash.
  • Ensure the standardization of structure and format of all FDS reports including, but not limited to, Databibles, ALCO, CMC, MBR and Board reports.
  • Coordinate with Treasury and own all aspects of the FTP process for both Actual reporting and Planning.

Business Planning & Analysis- Time Split – 35%

  • Support the preparation of Short- and Medium-Term Plans (STP/MTP) and Revised Annual forecast (RAF).
  • Ensure accurate and timely submission/upload of forecasts, business plans and Strategies in line with the Group timetable.
  • Work with Business partners to maintain robust and comprehensive planning models.
  • Maintain teamwork / collaborative relationship with key stakeholders (e.g., Risk, Treasury, Business Partners) to facilitate planning processes and timely resolution of issues.
  • Review cost and income lines, liaise with Financial Control to align results and share insights for advanced decision-making.
  • Continuously analyze financial results and forecast assumptions and share insights/ trends with Business Partners.
  • Provide ad-hoc performance and trend analysis reports when required.
  • Coordinate and consolidate inputs for routine and ad-hoc requests (e.g., quarter& half-year commentary, forecast and actual performance reviews, etc.) from Country management and Center stakeholders.

System Improvement -Time Split -15%

  • Identify and recommend process/system improvements to make the planning and reporting cycle more effective
  • Continuously align country and Center numbers ensuring all mapping issues are resolved.
  • Support system upgrade processes with Center team.
  • Provide training support to new FDS staff to ensure consistency of report structures and formats.

Team Management / Personal Development- 15%

  • Provide tasks support to, and review work of, junior colleagues within the team.
  • Develop new analytical capabilities and pursue a personal development path to increase job effectiveness.
  • Keep abreast with current developments in the banking industry including micro and macro-economic factors and trends.
  • Take ownership of your personal development as well as the development of team members


Higher Diplomas: Financial Sciences (Required)


How To Apply

Interested persons should submit their CVs and Application via Company Website: Click Here To Apply Online

Closing Date: 18th November, 2022

NewsBitGh is your on.1 on-the-hour News, Entertainment, Education and Career website. We provide you with the latest breaking News, Entertainment and career update on-the-hour.


Please enter your comment!
Please enter your name here

Most Popular