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  • Posted: Aug 2, 2022
    Deadline: Not specified
  • Stanbic Bank is a division of Standard Bank, a member of the Standard Bank Group, based in Johannesburg, South Africa. Stanbic Bank was adopted as a trading name in 1992, when the Standard Bank Group, then known as Standard Bank Investment Corporation, acquired the African operations of ANZ Grindlays Bank. The new name was adopted to avoid confusion with the...
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    Senior Manager, Financial Control, Planning & Reporting

    Job Purpose:


    • Prepare and publish timely periodic financial statements

    Financial management

    • Contribute towards finance strategy through obtaining a deep understanding of the business environment (external and internal).
    • Support month-end and year-end close process
    • Ensure quality control over financial transactions and financial reporting
    • Manage and comply with country, county and state government reporting requirements and tax filings
    • Liaise with business executive stakeholders as well in internal financial stakeholders to challenge and resolve financial management related issues.
    • Drive group finance financial management objectives through demonstrating sound business knowledge/ market awareness.
    • Develop and foster strategic stakeholder relationships with area heads across the group.
    • Review and approve commentary submitted to reporting function (or relevant area) to ensure its accuracy, value add’s and effectiveness in communicating key trends, risks and other critical information.
    • Lead, implement and challenge sound financial principals for the various areas.
    • Ensure the provision of both financial and non-financial information and support to relevant stakeholders.
    • Provide meaningful and commercially astute insight to stakeholders through the analysis and explanation of the impact of business activities on total costs. In addition, recommend measures of improvement for your stakeholders.
    • Manage the review and substantiation of all financial controls.
    • Manage the review of transfer recovery cycles and methodologies ensuring total recoverable costs are recovered from the service recipients.
    • Continuously seek innovative ways to improve value added services to business and finance.
    • Deliver on ad hoc requests in a timely manner and ensure all stakeholder expectations are appropriately managed throughout the process.
    • Lead, implement and manage monthly financial reporting, including preparing appropriate commentary.
    • Lead, implement and coordinate annual budgeting, revised estimates, forecasts and actuals processes.
    • Establish and maintain key financial controls over the monitoring and reporting of trial balance accounts.
    • Explore cost saving optimisation and drive implementation thereof.
    • Understand the cost impact to the internal customers and partner with stakeholders to influence.
    • Lead, implement and execute analytical investigations and ad hoc projects that serve to add value to stakeholders.
    • Co-ordinate and monitor various financial management processes and projects.
    • Conduct financial input and feasibility studies for new projects initiated by stakeholders.
    • Continuously review and make recommendations to improve existing policies & procedures.

    Risk, Regulatory, Prudential & Compliance

    • Enforce the group guidelines and policies around financial management and financial control.
    • Partner and comply with relevant risk and compliance regulatory frameworks for all finance activities.
    • Ensure reputation and / or business risk is managed appropriately.
    • Ensure that mandatory compliance training in finance is driven effectively.
    • Adhere, implement and review sound financial principles for the various areas.
    • Continuously improve procedures and adherences to existing policies and sharing these across the area to promote standardisation and best practice.
    • Mitigate against risk (through proactive management) and ensure that all risk issues are managed properly and incidents are reported timeously with all relevant stakeholders.

    Be a trusted advisor to business

    • Maximise opportunities for the benefit of both finance and business, through strategic relationships with stakeholders.
    • Strategically co-ordinate and implement (through ownership) of annual budgeting, revised estimates, forecasts and actuals processes.
    • Provide financial and non-financial information to support business decisions accordingly
    • Maintain a professional scepticism at all times.
    • Drive effective change management of all finance led initiatives into business with relevant business stakeholders.
    • Develop and achieve effective relationships with various stakeholders at varying levels of responsibility to achieve business objectives.
    • Support the business teams in creating a finance partnership.
    • Through innovation provide a value-added service to stakeholders.
    • Influence stakeholders by challenging the status quo in order to add value.
    • Develop and execute measures of improvement for your stakeholders.
    • Continually seek to add innovations to stakeholders.
    • Manage stakeholder expectations whilst continuously seeking improvements.
    • Lead through execution the financial input and feasibility studies for new projects initiated by relevant stakeholders in line with Group Investment decision framework.

    Direct, monitor, manage and support the team in delivering on agreed performance and strategic goals

    • Provide input into people strategy for the area with a focus on talent management, resourcing, development and retention.
    • Create workforce plans (organisational structure) for the area to ensure that current and future business requirements can be met.
    • Review key people metrics - attrition, vacancy rates, reasons for leaving, transformation, absence rates, grievances etc. and provide input into strategies to improve the working environment if the indicators show adverse trends.
    • With support from human capital, interview and hire direct reports. Support managers with their recruitment decisions on request.
    • Contribute in departmental goal and performance rating quality review (moderation) processes and annual performance-based REM (Bonus award allocation) moderation process for the department.
    • Coach Key managers in the area on people management techniques and approaches.
    • Manage the performance management process of direct and indirect from goal setting, Personal development planning, continuous performance monitoring and formal evaluation and appraisal of annual performance contract.
    • Coach/mentor individuals to mature their professional skills and careers.
    • Direct, monitor, manage and support your team in delivering agreed performance goals.
    • Act as second level escalation point for grievances raised.
    • Ensure that direct reports have leave plans in place for their areas to ensure business continuity.
    • Manage poor performance appropriately.
    • Ably deal with difficult conversations with relevant stakeholders.
    • Ability to deliver through fellow colleagues that do not necessarily form part of your reporting line.


    • Degree in Finance and Accounting
    • MBA in Finance or Strategic Management

    Other Minimum Qualifications, certifications or professional memberships

    • Certified Public Accountant (CPA (K)) or
    • ACCA (UK)
    • CFA

    Skills and Experience:

    • 5 to 7 years in Experience in a managerial position managing Financial Accounting/ Financial Control/ Technical Accounting

    Method of Application

    Interested and qualified? Go to Stanbic Bank on to apply

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