Senior Financial Officer: Transfer Pricing at Nedbank (Sandton)
Nedbank · Sandton, Johannesburg
Overview
Nedbank is looking for a Senior Financial Officer in Transfer Pricing to join their specialised finance team in Sandton. You will work with costing, transfer pricing and financial modelling using SAP PAPM in a complex banking environment. If you have 3+ years of finance experience and enjoy turning cost data into insights, this could be a great step in your career.
About the role
As a Senior Financial Officer in Transfer Pricing at Nedbank, you will play a key role in helping the business understand performance, manage costs and make informed decisions. You will work at the intersection of costing, transfer pricing, financial modelling and business insight, with exposure across different products, segments and business areas.
Key focus areas:
- Develop and maintain cost accounting procedures, including analysing general ledger costs and cost allocations
- Prepare monthly closing entries and financial statements, ensuring accuracy of cost allocations and variances
- Provide cost reports and analysis to management for operational decision making
- Build strong stakeholder relationships and translate complex financial information into practical insights
- Model activity based costing correctly and reconcile output costs back to source information
- Ensure compliance with costing policies and procedures
Application note: Please apply via Nedbank's official careers site.
Requirements
- Advanced Diploma or National 1st Degree (NQF Level) in Finance, Accounting or Cost and Management Accounting
- 3+ years' relevant finance experience with strong exposure to cost accounting, activity based costing and/or transfer pricing
- Hands-on experience with SAP PAPM within a costing, transfer pricing or financial modelling environment
- Experience across budgeting, actuals, forecasting, variance analysis and management reporting
- Strong experience in cost allocation, cost modelling, general ledger analysis and reconciliation, including shared services costing
- Ability to analyse complex financial data, provide meaningful insights and engage effectively with stakeholders
- Proficiency in Microsoft Excel and PowerPoint
- Banking or financial services exposure is advantageous
Responsibilities
- Assist in developing and implementing cost accounting procedures for clusters by analysing general ledger costs, cost allocations and related volumes
- Prepare and review monthly closing entries and financial statements by analysing cost allocations and variances
- Minimise costs by staying within the stipulated budget
- Provide cost reports and analysis to management to assist with operational requirements
- Establish and maintain sound business relationships with stakeholders through continuous engagement
- Obtain relevant information for modelling through stakeholder engagement
- Ensure activity based costing is modelled correctly by reconciling output costs back to source information
- Ensure services from business units are accurately costed by analysing and comparing to previous periods
- Provide insightful costing information to line management to support decision making
- Participate and support corporate responsibility initiatives
Job details
- Organisation
- Nedbank
- Location
- Sandton, Johannesburg
- Job type
- Full time
- Experience level
- Senior (3+ years)
- Education
- Advanced diploma
- Category
- Accounting & Finance
- Posted
- 3 November 2026 (4 days ago)
- Closing date
- 9 November 2026
- Application Method
- Apply online
Success Guide
To stand out for this Senior Financial Officer role at Nedbank, tailor your CV to highlight your hands-on experience with cost accounting, transfer pricing and SAP PAPM. The hiring team will be looking for someone who can work with complex financial data and turn it into insights for decision making. In your cover letter, mention specific examples of cost allocation projects or modelling work you have done, especially in banking or financial services. Since this is a senior role, be ready to discuss how you have collaborated with stakeholders and improved financial processes. Make sure your application is submitted through Nedbank's official careers portal before the closing date of 9 November 2026. Good luck!
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