Finance Business Partner at Absa Bank
\nJob Details
\nPosition:\u00a0Finance Business PartnerOrganization:\u00a0Absa BankLocation:\u00a0Absa House \u2013 ABTEmployment Type:\u00a0Full TimePosted:\u00a0TodayApplication Deadline:\u00a0June 2, 2026Time Left to Apply:\u00a06 daysJob Requisition ID:\u00a0R-15983124
\nAbout Absa
\nEmpowering Africa\u2019s tomorrow, together\u2026 one story at a time.
\nWith over 100 years of rich history and a strong position as a local bank with regional and international expertise, Absa offers the opportunity to be part of an exciting growth journey. A career with Absa provides a chance to help reset the future, shape the bank\u2019s destiny, and contribute to a proudly African group.
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\nWherever you are in your career, Absa is here for you. Design your future and discover leading-edge guidance, tools, and support to unlock your potential.
\nYou are Absa. You are possibility.
\nJob Summary
\nThe Finance Business Partner will be responsible for driving finance business performance and analytics for Corporate and Investment Banking, specifically CIB \u2013 Global Markets and Treasury.<\/p>\n
The role requires a strong understanding of the key drivers of the balance sheet, income statement, and related performance indicators. The successful candidate will deliver critical financial insights to the Head of BP&A, Director of Corporate, Director of Markets, and Country Treasury.
\nThe role also ensures ongoing revenue assurance through effective month-end processes, product profitability analysis, and accurate recognition of revenue, costs, and balance sheet items.
\nMain Accountabilities and Approximate Time Split
\nFinancial Insights and Strategic Risk Management \u2013 50%
\nThe Finance Business Partner will be responsible for providing financial insights, strategic support, and risk analysis across Corporate and Investment Banking products and business areas.
\nKey responsibilities include:<\/p>\n
Maintaining accurate financial reports, including management accounts, for all Corporate and Investment Banking products and performance.
\nPartnering with the business by providing accurate and timely reflections of performance, revenue, costs, and profitability.
\nProviding objective and analytical insights into business and product performance.
\nHighlighting areas of risk and opportunity for the business.
\nProactively analyzing risks and opportunities associated with the bank\u2019s financial performance.
\nWorking collaboratively with the strategy team to ensure alignment between the strategic agenda and financial impact.
\nProviding business and product support by actively participating in the New Products and Governance Committee.
\nProviding a financial perspective and monitoring benefits realization for all new products and other initiatives.
\nAssisting in the preparation of management packs, including quantitative reports and qualitative commentaries for:<\/p>\n
FCMC
\nMBR
\nFlash calls
\nAbsa Group Limited
\nOther bank committees<\/p>\n
Resolving issues with internal business customers, including incorrect data captured in financials and inputs posted in the wrong place.
\nWorking with highly variable quality data and actively resolving inconsistencies to ensure financial information is accurate and complete for decision-making.
\nPreparing non-financial information, including Level 2 information and product, system, or process deep dives to support meaningful discussions and decisions.
\nIdentifying and escalating risk issues within the business support and analytics unit in a timely manner.
\nPerforming ad-hoc analysis as requested by senior management.<\/p>\n
Planning and Performance Management \u2013 20%
\nThe role will support planning, forecasting, target monitoring, and performance management activities.
\nKey responsibilities include:<\/p>\n
Assisting in the preparation of targets and proactively monitoring achievement.
\nCollaborating with the business to identify risk factors that may affect the delivery of targets.
\nRecommending corresponding corrective actions.
\nProviding mid-month outlooks or flash reports at least three times a month.
\nEnabling business and management teams to accelerate actions and behaviors linked to high performance.
\nProviding business support in understanding and analyzing key drivers of various cost lines against budgets.
\nReporting financial and other performance measures or metrics to Absa Africa.<\/p>\n
Competitive Analysis and Other Macro Factors \u2013 10%
\nThe Finance Business Partner will also support market intelligence, competitive analysis, and macroeconomic assessment.
\nKey responsibilities include:<\/p>\n
Collecting and analyzing market data and competitive trends relating to CIB.
\nIdentifying market trends likely to affect business performance and competitive advantage.
\nMaking recommendations to enhance product profitability.
\nAnalyzing publicly available data, including macroeconomic reports and different Bank of Tanzania reports.
\nReviewing market trends such as sector performance in:<\/p>\n
Customer deposits
\nLoans and advances
\nCurrency mix of deposits<\/p>\n
Performing market intelligence to inform strategic direction.
\nIdentifying key trends observed from competitors and other industries that may inform strategic choices.<\/p>\n
Financial Controls and Compliance \u2013 10%
\nThe role will work closely with financial controls teams to strengthen processes, infrastructure, controls, and compliance capabilities.
\nKey responsibilities include:<\/p>\n
Enhancing financial controls by improving existing processes, infrastructure, and capabilities.
\nEnsuring financial information is prepared in accordance with IFRS and other relevant guidelines.
\nEnsuring new and existing product programs have clear accounting entries and guidelines.
\nEnsuring tax treatments align with relevant tax laws.
\nEnsuring product mapping is up to date and accurate so that revenue and balance sheet items are booked to the appropriate profit centre or business segment.
\nCollaborating with financial controls to automate or enhance existing processes for greater efficiency and timely preparation of financial information.
\nEnsuring financial segmentation is completed fairly, accurately, and on time for each month-end.
\nEnsuring TM1 results, including the Tanzania Cube, align with SAP and FR packs for consistent reporting.
\nCommunicating any discrepancies to the Head of Business Performance and Analytics and the Financial Controller.
\nAutomating key reports in Power BI or any other relevant data analytics tools approved by the bank.<\/p>\n
Fund Transfer Pricing \u2013 5%
\nThe Finance Business Partner will support accurate and policy-aligned Fund Transfer Pricing processes.
\nKey responsibilities include:<\/p>\n
Ensuring the FTP system, LUM, is configured in line with the FTP policy approved by ALCO.
\nEnsuring smooth FTP computation for fair distribution of economic benefits and costs across functions.
\nImplementing key FTP changes, including behavioral profiles and other assumptions, subject to appropriate governance.
\nCommunicating FTP results to the business, Head of Business Performance and Analytics, and business colleagues before posting.<\/p>\n
Team Building and Support \u2013 5%
\nThe role also includes personal development, teamwork, and operational support responsibilities.
\nKey responsibilities include:<\/p>\n
Taking responsibility for personal performance development, training, and career development plans.
\nEnsuring development plans are relevant and progressed.
\nActively contributing to matters relevant to improving bank performance.
\nSupporting other team members where required.
\nUnderstanding one\u2019s role in end-to-end processes, including applicable risks and controls.
\nPerforming assigned snap checks as allocated and in line with guidelines.<\/p>\n
Risk and Control Objectives
\nThe successful candidate must ensure that all activities and duties are carried out in full compliance with:<\/p>\n
Regulatory requirements
\nAbsa Operational Risk Framework
\nInternal Absa policies and standards<\/p>\n
The role requires effective management of risk and control through applicable risk frameworks and by embedding a positive risk culture.
\nKey expectations include:<\/p>\n
Understanding one\u2019s role in end-to-end processes, including applicable risks and controls.
\nAdhering to Absa policies and procedures applicable to the role.
\nDemonstrating sound judgment and responsible risk management.
\nReporting all risk events, incidents, or issues using the defined process for the relevant business area.
\nHelping to understand why risk events occurred and how they can be prevented in future.
\nProactively identifying ways to improve the control environment.
\nConsidering what could go wrong in processes and how errors can be prevented.
\nMaintaining continuous and proactive engagement with regulatory bodies and unions where applicable.
\nCompleting all mandatory training within the required deadlines.<\/p>\n
Personal Attributes
\nThe ideal candidate should demonstrate the following personal attributes:<\/p>\n
Team player
\nStrong analysis and judgment
\nProactive approach
\nStrong information-gathering ability
\nThoroughness
\nBusiness awareness
\nPersuasiveness
\nGood communication skills
\nStrong report writing skills
\nStrong presentation skills
\nQuality-conscious mindset
\nAdaptability<\/p>\n
Technical Skills and Competencies
\nRequired Qualifications and Experience
\nApplicants should have the following qualifications and experience:<\/p>\n
Bachelor\u2019s degree in Accounting, Finance, Economics, Statistics, Actuarial Science, Mathematics, or related fields.
\nAt least 4 years of experience in one or more of the following areas:<\/p>\n
Business finance and analytics
\nAuditing
\nBusiness or strategic planning
\nFinancial accounting<\/p>\n
Strong analytical and interpersonal skills.
\nAbility to work under tight deadlines without compromising accuracy.<\/p>\n
Added Advantages
\nThe following qualifications and skills will be an added advantage:<\/p>\n
Professional accounting qualification such as CPA or ACCA.
\nMaster\u2019s degree in business studies.
\nKnowledge of Power BI.<\/p>\n
Training That May Support Effectiveness in the Role
\nTraining in the following areas may assist the successful candidate in performing effectively:<\/p>\n
Product or service knowledge
\nInfluencing and negotiation skills
\nPresentation skills<\/p>\n
Absa Values
\nAbsa\u2019s values and behaviours represent the standards that guide the actions of everyone working for the bank. These standards are used to assess and reward employee performance.
\nThe values include:<\/p>\n
Trust
\nResourcefulness
\nStewardship
\nInclusiveness
\nCourage<\/p>\n
Education
\nRequired Education:\u00a0Higher Diplomas in Financial Sciences
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