ABSA

Finance Business Partner

Kampala Full time

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

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Job Summary

To provide strategic financial partnership and performance reporting support to the assigned business function by coordinating planning, forecasting, and reporting processes, ensuring accuracy and ownership of financial results, and enabling data-driven decision-making to achieve business financial targets.

Job Description

Business Partnering

  • Collect and analyse ERP, macroeconomic, industry, and market data to generate actionable insights for strategic, tactical, and operational decisions.

  • Lead analytical support for Revised Annual Forecast, Short Term Plan and Medium-Term Plan processes by providing historical performance data and analytical support for objective goal setting.

  • Deliver monthly analysis of actual results versus Revised Annual Forecast, Short Term Plan targets at individual and segment levels.

  • Prepare and distribute segmental reports (e.g., Trade, Cash Management, Custody, SME, Premier) and provide inputs for Assets and Liabilities Committee, Board, Management Business Review, and Country Management Committee

  • Conduct monthly reviews to prevent income leakage, including covenant tracking and ensuring data integrity across reporting systems.

  • Provide daily performance insights from balance sheet movements and transaction data to enable timely decision-making.

  • Utilize tools like TM1 and Power BI to deliver interactive dashboards that support data-driven and intuitive decision-making.

  • Evaluate and challenge capital investment projects for alignment with business and bank strategy; and monitor post-implementation benefits.


Stakeholder Management

  • Actively engage with business stakeholders through meetings and discussions to facilitate understanding of financial performance and insights.

  • Manage and respond to queries from external stakeholders relating to business performance, ensuring timely and accurate information is provided.

  • Build and maintain effective relationships with colleagues across the department, bank, group, and external auditors to ensure smooth collaboration and communication.

Risk Management control and Compliance

  • Identify, assess, and manage risks and risk events (incidents) in alignment with the Group Risk and Control Framework.

  • Conduct proactive independent oversight of risk performance, including monitoring the effectiveness of controls and principal risk management.

  • Maintain procedures to monitor ongoing compliance with policies and controls, ensuring accountability and transparency in all processes.

  • Communicate required practices and controls to relevant colleagues to ensure consistent application.

Team Leadership & Contribution

  • Proactively engage with the bank’s senior leadership team to drive success and provide support for colleagues.

  • Pursue personal development opportunities to enhance job effectiveness and contribute to team and business performance

  • Share knowledge, experience, and best practices with team members and other Finance colleagues to build collective capability.

  • Provide honest, direct, and constructive feedback to team members to support their development and performance.

Role/person specification

Preferred Education

  • Bachelor’s degree in Accounting or Finance or a related field from an accredited University

  • Full Professional qualification in accounting such as ACCA or CPA.

Preferred Experience

  • 3 years working experience in a similar role preferably in a financial institution.

Knowledge

  • In depth understanding of short-, medium- and long-term strategies, goals and objectives

  • Detailed knowledge of Management Accounting

  • Detailed understanding of Managing for Value reporting

  • Financial Management Control and Analysis

  • Comprehensive understanding of product set and services of Corporate, Retail, Business Banking, Markets, and Treasury portfolios

  • An appreciation of the external economic, political, legal and regulatory environment and their impact to the business.

  • Up to date knowledge of all applicable tax laws and some considerable understanding of accounting technical issues (International Accounting Standards/IFRS, etc)

Skills

  • Excellent comprehension skills to understand and interpret financial data and economic trends.

  • Highly numeric/strong analytical and problem-solving skills

  • Strong Computer skills and other Analytical tools – Excel, TM1, SAP

  • Very strong communication skills, both verbal and written

  • Excellent planning & organization skills

  • Strong ability to view issues from a risk & control perspective

  • Ability to work well under pressure, working accurately with attention to detail, and meeting deadlines

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)