Finance Business Partner at Absa Bank

Job Details

Position: Finance Business Partner
Organization: Absa Bank
Location: Absa House – ABT
Employment Type: Full Time
Posted: Today
Application Deadline: June 2, 2026
Time Left to Apply: 6 days
Job Requisition ID: R-15983124

About Absa

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

With 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’s destiny, and contribute to a proudly African group.

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Job Summary

The Finance Business Partner will be responsible for driving finance business performance and analytics for Corporate and Investment Banking, specifically CIB – Global Markets and Treasury.

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.

The role also ensures ongoing revenue assurance through effective month-end processes, product profitability analysis, and accurate recognition of revenue, costs, and balance sheet items.

Main Accountabilities and Approximate Time Split

Financial Insights and Strategic Risk Management – 50%

The Finance Business Partner will be responsible for providing financial insights, strategic support, and risk analysis across Corporate and Investment Banking products and business areas.

Key responsibilities include:

• Maintaining accurate financial reports, including management accounts, for all Corporate and Investment Banking products and performance.
• Partnering with the business by providing accurate and timely reflections of performance, revenue, costs, and profitability.
• Providing objective and analytical insights into business and product performance.
• Highlighting areas of risk and opportunity for the business.
• Proactively analyzing risks and opportunities associated with the bank’s financial performance.
• Working collaboratively with the strategy team to ensure alignment between the strategic agenda and financial impact.
• Providing business and product support by actively participating in the New Products and Governance Committee.
• Providing a financial perspective and monitoring benefits realization for all new products and other initiatives.
• Assisting in the preparation of management packs, including quantitative reports and qualitative commentaries for:
  • FCMC
  • MBR
  • Flash calls
  • Absa Group Limited
  • Other bank committees
• Resolving issues with internal business customers, including incorrect data captured in financials and inputs posted in the wrong place.
• Working with highly variable quality data and actively resolving inconsistencies to ensure financial information is accurate and complete for decision-making.
• Preparing non-financial information, including Level 2 information and product, system, or process deep dives to support meaningful discussions and decisions.
• Identifying and escalating risk issues within the business support and analytics unit in a timely manner.
• Performing ad-hoc analysis as requested by senior management.

Planning and Performance Management – 20%

The role will support planning, forecasting, target monitoring, and performance management activities.

Key responsibilities include:

• Assisting in the preparation of targets and proactively monitoring achievement.
• Collaborating with the business to identify risk factors that may affect the delivery of targets.
• Recommending corresponding corrective actions.
• Providing mid-month outlooks or flash reports at least three times a month.
• Enabling business and management teams to accelerate actions and behaviors linked to high performance.
• Providing business support in understanding and analyzing key drivers of various cost lines against budgets.
• Reporting financial and other performance measures or metrics to Absa Africa.

Competitive Analysis and Other Macro Factors – 10%

The Finance Business Partner will also support market intelligence, competitive analysis, and macroeconomic assessment.

Key responsibilities include:

• Collecting and analyzing market data and competitive trends relating to CIB.
• Identifying market trends likely to affect business performance and competitive advantage.
• Making recommendations to enhance product profitability.
• Analyzing publicly available data, including macroeconomic reports and different Bank of Tanzania reports.
• Reviewing market trends such as sector performance in:
  • Customer deposits
  • Loans and advances
  • Currency mix of deposits
• Performing market intelligence to inform strategic direction.
• Identifying key trends observed from competitors and other industries that may inform strategic choices.

Financial Controls and Compliance – 10%

The role will work closely with financial controls teams to strengthen processes, infrastructure, controls, and compliance capabilities.

Key responsibilities include:

• Enhancing financial controls by improving existing processes, infrastructure, and capabilities.
• Ensuring financial information is prepared in accordance with IFRS and other relevant guidelines.
• Ensuring new and existing product programs have clear accounting entries and guidelines.
• Ensuring tax treatments align with relevant tax laws.
• Ensuring 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.
• Collaborating with financial controls to automate or enhance existing processes for greater efficiency and timely preparation of financial information.
• Ensuring financial segmentation is completed fairly, accurately, and on time for each month-end.
• Ensuring TM1 results, including the Tanzania Cube, align with SAP and FR packs for consistent reporting.
• Communicating any discrepancies to the Head of Business Performance and Analytics and the Financial Controller.
• Automating key reports in Power BI or any other relevant data analytics tools approved by the bank.

Fund Transfer Pricing – 5%

The Finance Business Partner will support accurate and policy-aligned Fund Transfer Pricing processes.

Key responsibilities include:

• Ensuring the FTP system, LUM, is configured in line with the FTP policy approved by ALCO.
• Ensuring smooth FTP computation for fair distribution of economic benefits and costs across functions.
• Implementing key FTP changes, including behavioral profiles and other assumptions, subject to appropriate governance.
• Communicating FTP results to the business, Head of Business Performance and Analytics, and business colleagues before posting.

Team Building and Support – 5%

The role also includes personal development, teamwork, and operational support responsibilities.

Key responsibilities include:

• Taking responsibility for personal performance development, training, and career development plans.
• Ensuring development plans are relevant and progressed.
• Actively contributing to matters relevant to improving bank performance.
• Supporting other team members where required.
• Understanding one’s role in end-to-end processes, including applicable risks and controls.
• Performing assigned snap checks as allocated and in line with guidelines.

Risk and Control Objectives

The successful candidate must ensure that all activities and duties are carried out in full compliance with:

• Regulatory requirements
• Absa Operational Risk Framework
• Internal Absa policies and standards

The role requires effective management of risk and control through applicable risk frameworks and by embedding a positive risk culture.

Key expectations include:

• Understanding one’s role in end-to-end processes, including applicable risks and controls.
• Adhering to Absa policies and procedures applicable to the role.
• Demonstrating sound judgment and responsible risk management.
• Reporting all risk events, incidents, or issues using the defined process for the relevant business area.
• Helping to understand why risk events occurred and how they can be prevented in future.
• Proactively identifying ways to improve the control environment.
• Considering what could go wrong in processes and how errors can be prevented.
• Maintaining continuous and proactive engagement with regulatory bodies and unions where applicable.
• Completing all mandatory training within the required deadlines.

Personal Attributes

The ideal candidate should demonstrate the following personal attributes:

• Team player
• Strong analysis and judgment
• Proactive approach
• Strong information-gathering ability
• Thoroughness
• Business awareness
• Persuasiveness
• Good communication skills
• Strong report writing skills
• Strong presentation skills
• Quality-conscious mindset
• Adaptability

Technical Skills and Competencies

Required Qualifications and Experience

Applicants should have the following qualifications and experience:

• Bachelor’s degree in Accounting, Finance, Economics, Statistics, Actuarial Science, Mathematics, or related fields.
• At least 4 years of experience in one or more of the following areas:
  • Business finance and analytics
  • Auditing
  • Business or strategic planning
  • Financial accounting
• Strong analytical and interpersonal skills.
• Ability to work under tight deadlines without compromising accuracy.

Added Advantages

The following qualifications and skills will be an added advantage:

• Professional accounting qualification such as CPA or ACCA.
• Master’s degree in business studies.
• Knowledge of Power BI.

Training That May Support Effectiveness in the Role

Training in the following areas may assist the successful candidate in performing effectively:

• Product or service knowledge
• Influencing and negotiation skills
• Presentation skills

Absa Values

Absa’s 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.

The values include:

• Trust
• Resourcefulness
• Stewardship
• Inclusiveness
• Courage

Education

Required Education: Higher Diplomas in Financial Sciences