New Job Advert At Absa Bank

November 30, 2022

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There is a New Job Advert At Absa Bank. The company is hiring an MI analyst.

Job Summary:

The Finance MI Analyst will be part of the Data Analytics team with the following main accountabilities:

Develop an MI framework that will support the business with robust and reliable data to aid in management decision making with the objective of maximizing profitability.
Assist in developing business insights that constructively challenge the organization to refine its “where to play” and “how to win” choices to drive growth, improve profitability, and sustain competitive advantage
Produce daily, weekly and monthly reports which will cover all aspects of business and performance reporting

Business Analytics

Time split : 40%

Applying analytics (descriptive, predictive, prescriptive) across functional reports
Assist in developing business insights that constructively challenge the organization to refine its “where to play” and “how to win” choices to drive growth, improve profitability, and sustain competitive advantage
Support in promoting data as a strategic asset for identifying growth opportunities as well as experimenting and testing new ideas with the aim of building new customers and revenue streams.
To monitor actual performance against target and to analyse variances.
Assist in the investigation of any anomalies in financial performance
To understand the key drivers of income & cost and develop and report financial and other performance measures required by local management & ARO Finance to monitor profitability of major products and of individual functions.
Providing input and assisting in the preparation and timely submission of Flash, Actual, MTP, STP and RAF to group.
Produce periodic reports which will cover all the aspects of the product life cycle including acquisition, portfolio performance, product profitability, credit and collections performance and operational related reports
Support in maintaining high quality of analysis and evaluation
Analysis of competitor data and economic trends to monitor performance and identify critical areas of focus.

Management Information

30%

Proactively identify the MI needs of business partners and develop the necessary tools to meet these needs.
Provision of MI on an ongoing basis as and when requested by group and the local team.
Assist in the review of business cases for all investment projects undertaken by your business and to monitor benefits by gathering data on costs, benefits and returns.
Assist in the preparation of senior management presentations and decks
Ensure the integrity of Management information and support in maintaining high data quality.
Assist in ensuring correct mapping of product, segment and functional P & L and balance sheet in BRAINS and all Finance systems
Assist in group reporting, data and system management (TMI, SAP and other)
To respond to routine and ad hoc information requests.
Participate in any finance related activity as and when requested by Finance.
Ensure reports are completed within the specified requirements and the agreed SLAs and ensure the requestor understands any limitations
Prioritisation of regular and ad hoc reporting to satisfy external and internal customers

Knowledge, Expertise and Experience

Understands the business and is able to identify the information required to respond to business queries.
Ability to articulate complex concepts into actionable packages of work
Understanding of performance analysis and methodologies applied internally and externally.
A minimum of two years working experience in a similar role
A good understanding of the ARO performance tracking matrix.
Good knowledge of the Bank’s systems and data sources.
Is able to build and develop trust and rapport with other people.
Ability to articulate complex concepts into actionable packages of work
Actively planning and preparing communications materials and adapting them for different audiences
Excellent Data manipulation skills in Advanced Excel
Excellent analytical and problem-solving skills