Analyst Financial Planning&Analysis page is loaded Analyst Financial Planning&Analysis Apply remote type Hybrid locations Sandton time type Full time posted on Posted Yesterday job requisition id R-15964443 Empowering Africa’s tomorrow, together…one story at a time. 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. Job Summary This is a specialist planning role. The Planning team, a sub-team within Group FP&A, is responsible for: • overall financial planning across Absa Group (preparation and review of forecasts and short-and medium-term budgets that inform the Integrated Plan) • analysis of competitors, trends, revenues, new products/businesses etc • preparation of briefing notes for annual results presentations • ad hoc analysis and research, often related to presentations to Exco and other senior management This role supports the preparation of these key deliverables and provides analysis and inputs into these processes. Job Description Key Accountabilities Assist the team in team executing the following deliverables to Exco and other members of senior management: Project management and analysis of key planning deliverables throughout the year: RAF, STP, Stress Testing and Integrated Planning outputs Competitor analysis Research projects - gathering financial data and creating insightful, decision useful analysis and thought pieces Results presentations at half year and year end Other ad hoc projects and presentations Financial scenario analysis and stress testing Consolidating financial information for senior management Attend meetings to assist executives to understand and complete their tasks to achieve team goals Ad-hoc requirements/submissions: Execute ad-hoc queries on a daily basis that are dependent on external and internal requirements and vary considerably throughout the year. Attend various committee meetings in which one will use their understanding of margins, impairment trends or economic understanding to provide a valuable contribution. In some instances the contribution will be on a discussion basis and in others a submission to the committee is required. Perform analysis and make recommendations on Balance sheet optimisation Provide other departments (Efficiency office, office of the CEO, treasury etc) with a range of information (analysis, forecasts, and actual financial data etc) to perform their respective tasks. The information supplied may need to be package in a different format to make it relevant for their respective needs. An understanding of the roll-up structures within the Absa Business and good financial understanding is vital in this instance so as to avoid misrepresenting information. Cluster Relationship Manager (CRM) roles: Provide analysis support relating to role to respective cluster through submissions, due dates and planning Interact with and supply guidance to Business units on a daily basis Perform all other duties as reasonably assigned. Role/Person Specification Qualifications and experience: B-degree in Accounting/Financial management (NQF level no.6) 3 years Technical experience Knowledge and skills: Basic Financial Accounting Analytical skills Self-driven and good interpersonal skills Attention to detail Deadline driven Advanced Excel and PowerPoint skills Preferred: Knowledge of financial markets Knowledge of economics Competencies: Deciding and initiating action Learning and researching Entrepreneurial and commercial thinking Relating and networking Adapting and responding to change Persuading and influencing Creating and innovating Education Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required) Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised About Us Truly African We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance. Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees. We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia. #J-18808-Ljbffr