Financial Manager

Job Description

The Credit Finance Resource will be responsible for supporting the financial oversight, analysis, and reporting of credit portfolios across the Broader Africa portfolio. This includes monitoring credit performance, provisioning and impairments to support business decision-making, compliance with IFRS 9 and ensuring alignment with Broader Africa credit risk appetite and financial strategies.

Hello, Future Financial Manager II

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our talent team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Are You Someone Who Can:

Financial Analysis & Reporting

• Prepare monthly, and annual credit-related financial reports for the Broader Africa portfolio.
• Analyse loan book performance, non-performing loans (NPLs), provisions, and recoveries.
• Provide variance analysis against budget and forecast, highlighting key drivers.
• Support preparation of credit-related inputs for group and management reporting packs.

Credit Risk Provisioning & IFRS 9 Compliance

• Support the calculation and review of expected credit losses (ECL) in line with IFRS 9.
• Prepare journals to assist countries in ensuring that general ledger agrees to output of credit models
• Liaise with risk teams to validate staging movements and coverage ratios.
• Maintain PMA and related overlay reporting
• Ensure proper accounting treatment of credit impairments, write-offs, and recoveries with specific focus on schedule 24 reporting

Budgeting & Forecasting

• Partner with the credit analytics team as well as country teams to incorporate credit-related assumptions in annual budgets and monthly forecasts.
• Model different credit scenarios and stress testing impacts on profitability.

Governance, Controls & Compliance

• Ensure compliance with internal credit policies, group finance standards, and regulatory requirements across jurisdictions.
• Support internal and external audit requirements for credit-related financial information.

Stakeholder Engagement

• Collaborate with country finance teams, risk teams, and group reporting functions to ensure alignment and timely delivery of credit finance information.
• Provide insights to senior management on trends, risks, and opportunities within credit portfolios.

You will be an ideal candidate if you have:

• Education: CA preferred.
• Experience: 3–5 years’ experience in finance, credit risk finance, or financial reporting (banking/financial services sector preferred).
• Strong understanding of credit products, IFRS 9, and provisioning methodologies

Skills & Competencies

Technical Skills

• Strong financial modelling and analytical skills.
• Solid understanding of IFRS accounting standards, particularly IFRS 9.
• Proficiency in Excel, essbase and HFM
• PowerBi and SAS experience would be beneficial.

Behavioural Competencies

• High attention to detail and accuracy.
• Strong problem-solving and critical-thinking skills.
• Ability to work effectively across diverse geographies and cultures.
• Strong communication skills (both written and verbal).
• Ability to work under pressure and meet tight deadlines.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of credit finance reports and analyses.
• Quality and reliability of ECL calculations and impairment reporting.
• Compliance with group and regulatory requirements.
• Stakeholder satisfaction and support for decision-making.
• Contribution to improved portfolio performance insights and risk management

You Will Have Access To:

• Opportunities to network and collaborate.
• Challenging Working
• Opportunities to innovate.

We can be a match if you are: 

• Curious & courageous - you are driven by always wanting to know more and learn more and you are brave enough to
• Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it.

Are you interested to take the step? We look forward to engaging with you further. Apply now!

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Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

09/09/25

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.