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Senior Financial Resource Management Specialist

ABSA BANK LIMITED
R 611 886 - R 774 784 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
Provide strategic leadership in financial resource management by integrating capital, liquidity, and balance sheet insights into decision-making frameworks. Shape the cluster’s return architecture by defining hurdle rates, challenging pricing methodologies, and ensuring strategic alignment with bank-wide capital efficiency goals. Drive optimisation through oversight of profitability, pricing performance, and resource consumption, translating financial strategy into actionable targets. Act as a key advisor to senior stakeholders, ensuring that product-level decisions reflect strategic value, risk appetite, and sustainable return delivery.
Job Description
Strategic Analytics & Resource Optimisation
  • Shape and influence capital and balance sheet strategies to support business growth and financial resilience.
  • Evaluate resource allocation proposals and contribute to enterprise-level prioritisation aligned with return objectives.
  • Use advanced analytics to identify portfolio tilts and strategic investment areas across customer segments and sectors.
  • Assess trade-offs between risk, return, and growth to inform high-impact business decisions.
  • Translate financial insights into actionable recommendations on resource deployment and performance improvement.
Financial management and Business Partnering
  • Collaborate with business unit or function heads to determine their performance reporting needs (both financial and non-financial) and agree on deliverables annually.
  • Guide the setting and translation of performance targets to business units and products.
  • Monitor return delivery and provide insights to optimise portfolio and pricing outcomes.
  • Support robust governance across financial resource decisions, pricing practices, and performance monitoring.
  • Ensure consistent application of frameworks that support disciplined financial management.
  • Provide thought leadership through financial insight and external benchmarking.
  • Partner with senior stakeholders across business, finance, risk and treasury to embed FRM principles into core decision-making.
Strategic Analytics and Resource Optimisation
People Management
  • Develop internal capability by recruiting and developing a capable team to ensure the necessary resources are in place to achieve business strategy and objectives.
  • Implement the people management strategy for the area, in collaboration with the HRBP for the business unit, focusing on talent management, development, resourcing, and retention.
  • Embed formal Performance Development and informal coaching within the team.
  • Motivate the team and implement measures to recognize and reward direct reports.
  • Inspire team members through coaching and mentoring, helping them to perform optimally in alignment with the vision and values, and create a sense of urgency and excitement around the business.
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
  • 5+ years Banking Experience at a management level
  • 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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