Finance Business Partner Jobs – Absa Group Limited (formerly Barclays Bank UK)


Job Title:    Finance Business Partner

Organization: Absa
Group Limited (formerly Barclays Bank UK)

Duty Station: 
Kampala, Uganda


About US:

Absa Group Limited
(formerly Barclays Bank UK) is a diversified standalone African financial
services group, delivering an integrated set of products and services across
personal and business banking, corporate and investment banking, wealth,
investment management and insurance. Absa Group Limited is listed on the JSE
and is one of Africa’s largest diversified financial services groups with a
presence in 12 countries across the continent and around 41 000 employees.


Job Summary:  The Finance Business Partner will mainly process
financial transactions accurately and timeously through the execution of
predefined objectives as per agreed standard operating procedures (SOPs).


Key Duties and Responsibilities:  


and coordinate the preparation of financial statements, management reports,
financial reports, statutory reports, Financial Services Council Report,
monthly scorecards, sales reports, special data analysis, and ad-hoc
information reports to enable decision making 

cash flow, cost controls, and expenses to guide managers as well as analyse
financial statements to pinpoint potential weak areas  If needed sign off on Taxation and VAT
implications by guiding the correct completion by the dedicated staff to comply
with statutory guidelines and group reporting timelines 

financial reports to the Chief Financial Officer (CFO), Business unit head,
Cluster Finance and the Group Finance Team on or before the agreed

the preparation of budgets and variance reports by business units and 2
departments and ensure that all cost centre managers are engaged within agreed
timeframes  Highlight variance from the
business plan such as over-spend and provide explanatory notes for those

financial results on a monthly basis and summarise them so as to enable the
Business unit Management Team to take timely and appropriate actions 

or oversee the preparation of monthly Group and Management reports including
Balance sheet, Income statement and interdivisional schedule by extracting
Balance sheet and Income statement from Analyst (financial reporting system) to
enable reporting in the prescribed format.

Sign off
and discuss the monthly short term plan (STP), medium term plan (MTP) and
rolling forecast (RAF) and budgets with the relevant stakeholders to enable
consolidation into the Cluster forecast and budget.

Financial Modelling:

excel based financial models or utilise tools available for all financial
reporting requirements and build a data base of accurate financial and
non-financial information which can be used to extract historical financial

financial and all applicable information from various sources, for example, the
General Ledger (GL) 

the Management Team to understand their financial and management accounts,
expenditure allocation, transfer pricing on their profit and loss accounts and
how to conduct financial planning and forecasting 

solutions to enhance cost effectiveness and operating efficiency of the
business unit.

that all action plans that have been agreed to are documented and assigned to
the relevant owners and that the financial impact as regards the implementation
is monitored.

Financial Control
and Compliance:

appropriate internal control safeguards in line with the ABSA Group
requirements by regularly reviewing all variance reports and other reports
where applicable. 

with the ABSA Internal Audit team and provide necessary information as and when

that the cost centre managers comply and adhere to the all regulations and
policies when reflecting the financial position of their departments 

that the business unit complies with governance and budgetary reporting
requirements by always keeping abreast with new governance and policy

and sign off on the quarterly General Ledger Control Frame work prepared by the
preparers in the prescribed format to enable the Business unit manager to
attest to the correctness and completeness of the Control framework. 

Sign off
on the quarterly supplementary schedules and FD attestation to Group Finance
prepared by the relevant staff in the prescribed format

input to Group Finance and the Cluster Chief Financial Officer during the
development or update of financial policies, procedures, standards and
governance with a focus on improving these frameworks to make it easier for
departments to comply with requirements and improved efficiency. 

department heads on financial governance requirements in one-on-one coaching
sessions and through meeting with business unit Exco teams. 

with the Data Stewards in the business unit to log all data quality issues identified
by members of the management accounting team or line managers.

in investigations to resolve data inconsistency issues and the refinement of
data definitions for financial information specific to the business unit. 

that all significant variances (budget vs. actual) are identified and reported
to Business unit Exco and that all numbers prepared are 100% accurate. 

that processes, control requirements and risk management frameworks that impact
the management accounting area are documented and understood by all members of
the team. 

Own and
agree corrective action items with Internal Audit and Management 3 Assurance
for findings related to the management accounting area in the cluster.

issue assurance for closed audit findings. 

that the team understands all compliance requirements and call for the area’s
Compliance Officer to conduct briefing sessions if gaps are identified. 

that all regulatory requirements are adhered to. 

that all team members understand the control requirements related to physical
and systems access control and information security.

access cards from employees leaving the department or the bank and send
instructions to IT and HR to remove their systems access


advice and support to cost centre managers on financial risks and control
matters that may have an impact profitability

with Business unit heads to have a clear understanding of the business

A good
understanding of key value drivers to advice business on appropriate
intervention strategies to meet targets 

financial policies, procedures, standards and guidelines to the business unit
management team. 

projects by developing the financial component of the business cases that are
created by the management Team to actively track and change benefits and costs
of the project. 

strong support to the operational team by having regular meetings with them to
share financial performance


Qualifications, Skills and Experience: 

ideal applicant for the Absa Group Limited Finance Business Partner job should
hold relevant qualifications

Diplomas: Financial Sciences (Required)


How to Apply:

All suitably
qualified and interested candidates who wish to join ABSA Group in the
aforementioned capacity should apply online at the link below.




For more of the
latest jobs, please visit
or find us on our facebook page



Leave a Reply

Your email address will not be published.