Senior Finance Business Partner

Job category: Banking, Finance, Insurance. Stockbroking

Contract: Permanent

Remuneration: Market Related

EE position: No

WHY JOIN THE JSE? The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.

The purpose of the position is working closely with business unit Heads, the Finance Business Partner will be the central Finance point of contact for all Finance related support. This role strives to deliver robust reporting, analysis and financial control of operating/capital costs and also provides essential Finance expertise in the appraisal of new projects and the measurement of cost performance in project delivery.

The Finance Business Partner will also drive and support the implementation of process improvements and reporting enhancements to deliver accurate and relevant financial management information to support decision making.

The Finance Business Partner is responsible for leading the Financial Planning and Analysis team in preparing and distributing accurate, relevant financial management information and perform foreseeable needs analysis for internal clients on a continued basis in achievement of JSE strategic financial targets

Business and Financial Results Management

• Facilitate the entire planning and budgeting process creating and ensuring strict adherence to the budget timetable, populating of the budgets with business units, timeous communication of material issues and changes and creating of standardised high quality presentations with supporting commentary and analysis
• Produce and maintain monthly timely and accurate management accounting information with supporting commentary on variances, statistics and other required analysis.
• Perform the rolling forecast activities in order to track the revenue and expenses against the budget and adjust the expenses and revenue for the future months as per discussions with business stakeholders.
• Ensure strategy implementation by monitoring financial performance against budget, forecast and strategic targets
• Provide commercial insight, analysis and modelling for pricing changes to support business in optimal pricing for products
• Contribute to cost control by driving cost awareness through the organisation and implementing appropriate controls and reporting
• Provide financial guidance and advice to stakeholders to assist them to accurately account for operations in order to ensure adherence to JSE guidance and statutory reporting

Stakeholder Relationship Management

• Engage with relevant business units to understand the financial support required to meet stakeholder needs
• Build relationships with colleagues, peers and staff by using appropriate interpersonal styles
• Interact with others in a way that promotes openness and trust and gives them confidence in one's financial support and guidance

Process Management

• Create and implement staff clear work allocation and accountability levels to deliver on the departmental strategy.
• Manage team delivery against set delivery plan and set timelines, identify obstacles to delivery and take appropriate action where required
• Ensure accuracy and speed of delivery of financial management information by checking against targets and rolling forecast processes
• Analyse commercial finance processes and procedures to identify obstacles and enhancement opportunities and take appropriate action to implement changes
• Review work of direct reports for accuracy and take action as needed to ensure consistent delivery
• Put checks and balances in place to ensure that processes, standards, protocols and procedures are followed by the team
• Analyse and evaluate requests from business regarding financial support to assess viability
• Prepare ad hoc business cases as requested by stakeholders to address financial support requirements
• Assist in coordination of budget processes for the JSE by providing guidelines and advice
• Analyse current financial complex information to support business needs and project future needs
• Use JSE costing model as a starting point and apply appropriate product level costing methodology to do work at a lower level of granularity to support different business requirements
• Support the Head of Commercial finance on function appropriate…