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Financial Resource Management Specialist

ABSA BANK LIMITED
R 630 343 - R 798 155 a year
Sandton, Gauteng
Full time
3 weeks ago
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
Support the execution of BB’s Financial Resource Management strategy by enabling effective capital, liquidity, and balance sheet utilisation. Provide financial leadership, analytical insight, and business partnering that drives risk-return alignment, financial efficiency, and delivery against cluster strategic objectives.
Job Description
Performance enablement
  • Partner with business and finance leads to translate strategic objectives into resource allocation priorities, financial targets, and return hurdles.
  • Enable disciplined financial decision-making through insight-led business cases, pricing recommendations, and performance analysis.
  • Participate in performance reviews with business unit heads, providing views on financial and resource drivers of returns and alignment to FRM strategy.
  • Champion a culture of accountability through regular variance analysis, contribution margin reviews, and cluster return tracking.
Strategic Forecasting & Resource Planning
  • Support the delivery of cluster-level financial forecasts (MTP, STP, RAF) with an FRM lens—capital efficiency, liquidity impact, and balance sheet use.
  • Provide tactical input into scenario planning and stress testing, ensuring resource flexibility and resilience under multiple outlooks.
  • Drive structured trade-off analyses across growth, risk, and return, using analytics to support strategic resource shifts.
Risk, Compliance & Control
  • Maintain oversight of FRM-related risks, including pricing policy exceptions, below-hurdle approvals, and financial resource consumption risks.
  • Collaborate with Risk and Finance to ensure capital plans and financial forecasts align with internal risk appetite and regulatory requirements.
  • Support governance processes, including control attestations, audit issue tracking, and the maintenance of FRM methodology standards.
Analytics and Business Partnering
  • Deliver actionable analytics that inform balance sheet tilt, customer prioritisation, and sector focus, aligned to FRM objectives.
  • Consolidate and interpret performance data across products, customer segments, and business units to guide commercial strategy.
  • Ensure quality and consistency of financial resource data and reporting; maintain alignment with “single version of the truth” principles.
Education and Experience Required
  • Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+), CA (SA) or CIMA or MBA or Actuarial Science or Engineering
  • 5+ years professional financial management experience
  • Preferred team lead in Finance Function teams or in professional environments
  • Experience in business transformation contexts related to exponential business growth
  • Experience in commercial innovation environments
  • Broad Finance including strategic, commercial, legal, risk and operational aspects
  • Ability to build, develop & lead professional level teams
  • Understanding of the financial services sector within a professional business environment
  • Knowledge of people change management
Knowledge & Skills:
  • Proficiency in data analysis tools (Excel, SQL, Power BI, or Python)
  • Banking regulation (Expert)
  • Writing & reporting (Advanced)
  • Presentation skills (Advanced)
  • Understanding of systems used (Advanced)
  • Understanding of relevant legislation (Advanced)
  • Understanding of corporate controls and checks (Advanced)
  • Knowledge of business continuity and contingency (Advanced)
  • Computer literacy (Advanced)
  • Excellent organisational skills (Advanced)
  • Excellent communication skills (Advanced)
  • Relationship management and networking (Advanced)
  • Strong performance management and coaching skills (Advanced)
  • Ability to think creatively (Advanced)
  • Ability to react positively under pressure (Advanced)
  • Good understanding of the policies and strategies (Advanced)
  • Understanding of Banking operating structures (Advanced)
  • Change management (Advanced)
Competencies:
  • Entrepreneurial and commercial thinking
  • Deciding and initiating action
  • Adapting and responding to change Planning
  • Learning and researching
  • Analysing
  • Planning and organising
  • Relating and networking, Leading and supervising
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (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
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