Bring your possibility to life! Define your career with us
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.
Job Summary
Act as a process executor for completion of financial information within the process Reconciliations
o Key focus will be on Month end Reporting and Balance Sheet Reconciliations
Job Description
Key responsibilities
Accountability: Manage financial information completion process (60%)
Act as a process executor for completion of financial information within the process Supplementary Data
o Key focus on Regulatory reporting and support to Process
Owner
o Analysis and unpack on queries and issues for
Supplementary Data Process
o Projects will relate to improvements on disclosure and/or Banking and Insurance Regulatory returns as well as the implementation of new Regulations
Independently problem solve by using analytical skills and / or out the box thinking
Able to investigate difficult, unstructured problems and drive solutions
Independently execute and drive projects to completion
Able to support the process owner with management of the teams projects
Be able to understand and work with large data sets. Have the ability to analysis data, understand the analysis and articulate the findings clearly to others outside of AC and FC
Be able to engage and solution with senior stakeholders within the organization around any Supplementary Data concerns or issues which may arise
Present project finding to senior stakeholders
An ability to identify inefficient processes across supplementary data and recommend potential solutions. Good understanding or experience in implementing automated solutions will be beneficial
An ability to repriorise daily deliverables in order to address an adhoc query arising either related to financial disclosures or regulatory queries
Support and cover for the process owner should the Process Owner not be around
Support to Subject Matter Expert (SME) on processes, resolution of issues and ad hoc requests from stakeholders including:
o Cluster Financial Controller
o Cluster CFO/BP&A team members
o Other Financial Control functions
Support SME on obtaining TAG opinions and ad hoc queries on accounting issues.
Act as the process executor for implementation of new standardised processes where relevant
Provide feedback to stakeholders on results reflected in the financial accounting system, as well as issues identified where there are potential risks to numbers
Act pro-actively in correcting issues and implement a sustainable process
Ensure that principles of the Financial Control Operating Model are complied with and sustained
Maintain and enhance processes
o Identify areas of improvement in completion, review and or submission processes to drive and implement a sustainable and effective process in support of quality and accuracy
o Identify synergies between different reporting processes and implement new and or enhanced processes
Accountability: Provide support to other process executors through motivation and employee engagement (20%)
Understanding and managing team dynamics to maximize performance
Escalate issues around allocation of resources to process architects tasks to ensure delivery of team objectives.
Ensure continued development of resources, through coaching and mentoring, to empower value added delivery of tasks.
Accountability: Process Execution (20%)
Execution of processes as designed
Constantly review, improve and maintain own activities to enhance the effectiveness and efficiency of processes
Recommend areas for improvement in order to reduce cycle times, improve productivity, create capacity and improve process reliability and customer satisfaction
Assist in the implementation of new and/or enhanced processes
Identify activity-specific risks and work with Process Owner / Process Architect to mitigate risks
Maintain awareness of own activities and the impact thereof on related / interdependent activities
Knowledge & Skills
Exceptional academic track record
Understanding of financial reporting processes and related controls (Expert)
Ability to identify control gaps and weaknesses (Expert)
Ability to analyse and interpret financial data (Expert)
Ability to write concise effective reports (Expert)
Advanced excel skills to contribute to the team
Good understanding of consolidations
Good understanding and experience in implementing automated solutions
Basic knowledge of SQL will be beneficial
Education and Experience Required
CA (SA) with 2 or more years of experience
Business experience in a Banking environment gained from a Finance, Product
Regulatory Experience would be an advantage
Project Management experience would be an advantage
Competencies:
Deciding and initiating action
Entrepreneurial and commercial thinking
Relating and networking
Adapting and responding to change
Persuading and influencing
Creating and highly innovating
Education
Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
