Website BankservAfrica
BankservAfrica is the largest automated clearing house in Africa. We build and operate South Africas core interbank payments infrastructure. Payments AND transactions are our lifeblood and we understand the need for modernisation in the payments landscape. After all, we have been playing a centra… read morel role in processing billions of payments in South Africa since 1972. All four of South Africas high volume banks as well as a consortium of the lower volume banks are shareholders and customers of BankservAfrica. BankservAfrica is regulated by the Payments Association of South Africa (PASA) and South African Reserve Bank (SARB). 243 Booysens Road Selby, Johannesburg 2001 South Africa
PURPOSE
The main purpose of the role is to provide financial analysis, support and guidance for long term strategy formation and key projects, to improve the accuracy of financial data and systems, and also support and monitor performance of the business, generate in-depth analysis, insight and challenge to
support the business planning.
You will engage with the following stakeholders:
Cost Centre Managers
Product Managers
Customers and Suppliers
Lenders
Senior Management & Executives
SARS, PASA, Banks
Your key responsibilities include:
Financial Planning, Budgeting & Forecasting
Provide input into BU budgets, ensuring cost awareness and control; report on revenue, costs, and volumes
Analyse financial operations and contribute to forecasting and budgeting (opex, capex, revenue, and product volumes)
Forecast revenue and expenditure across cost centres through financial modelling
Prepare, analyse, and report on monthly operational spend, budget, income, expenses, and cashflow
Contribute to scenario planning and long-term strategic planning
Review and submit financial reports for the Head: FP&A and CFO to support decision-making
Monitor and manage expenses within established budgets
Develop and monitor operational initiatives aimed at achieving financial goals
Stay abreast of financial management trends, legislation, and industry best practices to optimise performance
Financial Performance & Profitability Analysis
Provide input into development of KPIs and performance measures (operations, products/channels, markets, margins, etc.)
Create profit and loss statements for each channel to assess standalone product/channel performance
Oversee forecasting, planning, and reporting for all channels, and provide insight-driven reports
Conduct root cause analysis on underperformance and challenge outcomes to drive improvements
Provide ongoing product/channel analysis to inform management decisions (scaling, decommissioning, etc.)
Prepare reports on operational performance and detailed reports on specific projects
Cost Management & Cost Allocation
Identify, agree on, and implement cost allocation methods across the group
Report allocation results and refine business logic for improved cost practices
Maintain and update cost-efficiency plans, reducing key cost drivers
Provide early warnings of material deviations and propose corrective actions
Pricing & Revenue Support
Contribute to pricing strategy, tariffs, and product/channel policy decisions
Understand pricing structures and customer purchasing patterns across the portfolio
Conduct profitability analysis and report on actual product/channel performance
Strategic Decision Support
Conduct post-implementation reviews of products/channels to identify trends and key learnings
Perform sensitivity analysis to evaluate financial impact and support improved decisions
Collaborate with departments and managers to support financial and operational decision-making
Project & Investment Support
Manage and control project and programme costs
Deliver client- or company-specific projects in line with business standards
Develop business cases, models, and financial frameworks to support investment approval
Analyse CAPEX and investment opportunities against risk, returns, and strategic alignment
Ensure quality, consistency, and governance in financial modelling and business case development
Contribute to defining performance indicators and evaluation criteria for key decisions
Drive compliance with governance protocols for business cases and modelling
Controls, Delegation & Transaction Oversight
Approve accounting transactions and reconciliations in line with policy
Ensure all documentation is authorised according to delegation levels and accurately coded
Support sound financial processes aligned to internal controls and company accounting practices
Management & Compliance
Contribute to the development and review of financial policies and procedures
Ensure compliance with internal policies, accounting standards, regulations, and legislation
Identify, mitigate, and escalate financial and operational risks where necessary
Support risk analysis and recommendations aimed at reducing exposure and improving compliance
QUALIFICATIONS / KNOWLEDGE
CA(SA) /CIMA
Required computer literacy levels
IBM Analytics
Excel and Power Point
EXPERIENCE
Minimum of 7 years’ experience in Finance and Commercial functions
Experience working in a medium to large organisation
Hands-on experience in financial planning, budgeting, forecasting, and performance reporting
Experience in Finance Business Partnering, including collaboration with senior stakeholders to influence business outcomes
Exposure to strategic decision support including scenario planning, investment appraisal, and business case development
Strong understanding of cost allocation methods, cost efficiency drivers, and product/channel profitability analysis
Familiarity with pricing strategy, revenue modelling, and commercial analysis across multiple products or channels
Knowledge of compliance, risk identification, and financial policy development within a regulated environment
Apply via company website ( https://www.bankservafrica.com/ ) or
bankserv.hua.hrsmart.com