Financial Business Partner Lead (Technology)

Financial Business Partner Lead (Technology)Apply locations Johannesburg time type Full time posted on Posted Yesterday time left to apply End Date: December 13, 2024 (8 days left to apply) job requisition id R22615
Job DescriptionTo provide financial leadership and guidance to Finance Business Partners to drive the technology business's financial objectives by providing accurate value-added financial management information and analysis.
Provide input into the budgeting process and monitor utilization for the financial year according to the operational plan.Produce or review budget reports to make sure they accurately reflect work activity.Ensure financial documentation is maintained to support accurate record keeping and future legislative requirements.Escalate potential budget risks that may lead to increased costs or financial losses.Present work proposals on planned activities that will require financial resources.Allocate and approve expenditure.Collate, analyze and evaluate data and information to forecast expenditure and cash flow trends and make recommendations to improve budget.Deliver against operational and cost targets.Prioritize resource allocation to minimize and reduce wastage.Monitor costs for the financial year according to the operational plan.Review cost reports and resolve or explain variances to the budget.Identify, control and escalate potential risks that may lead to increased costs.Manage costs or expenses within approved budget to achieve cost efficiencies.Build relationships that allow for managing expectations; sharing knowledge and diverse insights; and creating buy-in.Engage in cross-functional relationships to obtain and provide work support.Ensure full understanding of customer needs to deliver a quality service.Ensure customer service solutions are aligned to the business operational plan; organizational values and service standards.Communicate how customer service solutions will be implemented and secure buy-in.Ensure product knowledge and advice is technically accurate and provide customers with relevant information to keep them informed of products and service options.Ensure resolution of customer queries and complaints timeously and ownership of issues.Analyze customer feedback to help improve customer service, propose ideas to improve customer service.Improve business decisions by providing accurate and reliable business intelligence (information) together with analyzing trends and data.Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets.Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities.Ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability.Ensure implementation of relevant policies, governance, and practice standards across the business.Maintain knowledge on relevant legislative amendments, industry best practices and internal compliance procedures and requirements.Ensure compliance is adopted in terms of systems and procedures as laid out by organization and review in response to audit findings and changes.Develop an understanding of risks and risk management approaches.Implement and provide input into the development of governance and compliance procedures and processes within area of specialization and identify risks.Educate others and make suggestions for improvements.Network and participate in specialist risk forums where required.Implement, monitor and control business processes according to quality standards; policy; and compliance and governance requirements in area of accountability.Ensure the development, alignment, mapping and implementation of end-to-end processes aligned to the customer journey map.Research, enable and consult on improvements and opportunities to harness technology and platform enablement.Review existing processes and suggest innovative ideas to improve and streamline processes to drive efficiencies and minimize redundancy.Monitor customer feedback reports and align processes to maximize efficiencies.Provide input into the development of the business area tactical strategy in achievement of the overall business strategy.Develop and implement an area operational plan in achievement of Business objectives.Provide clear direction to the exco on what the business requirements and imperatives are by translating current business performance into actionable business objectives aimed at driving and improving performance.Participate as an active member of the executive committee of the business.Translate strategy into meaningful operational targets for the business unit under management, ensuring that the focus areas are disseminated to all levels in the business unit.Ensure accountants drive enterprise risk management within their organization to manage uncertainty, opportunities, and risks in the face of significant challenges in the external environment.Enable the function to use their insights and business understanding to weave accurate and compelling narratives that make the organization's purpose, strategy, business model and performance tangible for external audience.Ensure "one version of the truth" for all reporting and that management reporting reconciles/agrees to reports produced within other areas of the business.Review the variance analyses for the different business units as prepared by the team and discuss major variances, on the cost and income sides, with business unit heads to gain an understanding of the reasons.Provide input and support during the development of business case financials for new projects or initiatives.Conduct reviews and evaluations for cost-reduction opportunities, analyze costs, pricing, variable contributions, sales results, and the company's actual performance compared to the business plans.Manage the preparation of the business unit's budget, use financial software applications to process financials.Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.Build and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies.Participate in specialist communities of practice and contribute positively to own and organizational knowledge improvement.Job DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 13/12/24
All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
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About UsA leading corporate and investment bank in South Africa and the broader Africa continent, RMB offers large corporate and institutional clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions. RMB's talent is expected to be high performing whilst fixing for real-world challenges such as funding the green economy through sustainable finance transactions; unlocking transformation with innovative BEE deals; providing financial and strategic support to management teams in the unlisted sector; financing infrastructure that will uplift economies and improve the lives of millions of people – all of this is about thinking big.
If you are invested in making a difference on a serious scale, RMB is where you should build your career and explore new ways to contribute to a better world.

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