Job Description

Empowering Africas tomorrow, togetherone story at a time.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 The purpose of the role is to prepare financial information for all stakeholders of the business for informed decision making and to support the business.Key AccountabilitiesAccountability: Financial Accountant

• Act as a process executor for completion of financial information i.e. the preparation and automation of disclosure webforms. Eg.IFRS9 disclosure, Fair Value & Non Value, Derivatives.
• Support to Subject Matter Expert (SME) on processes, resolution of issues and ad hoc requests from stakeholders including:
• o Cluster Financial Controller
• o Cluster Reporting and Analytics
• o Other Financial Control functions
• Act as the process executor for implementation of new standardized 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
• Identify synergies between different reporting processes and implement new and or enhanced processes
• 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

• 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.

Accountability: Stakeholder management

• Build constructive relationships with key role players to have a clear understanding of their business needs.
• Understand the impact of the changes and inform business of any risks.
• Provide regular and timely feedback to stakeholders.
• Resolve stakeholder dissatisfaction/issues.

Role/Person SpecificationKnowledge and Skills

• Exceptional interpersonal and team-working skills
• Ability to identify control gaps and weaknesses
• Ability to interpret the end-to-end flow of financial data
• Strong problem-solving skills
• Analytical skills
• Negotiation skills
• The ability to work in a pressured and unstructured environment and to cope with the demands of working to tight deadlines

Education and Experience

• B degree/similar qualification in a financial/related discipline or CA(SA)
• Non CA: 4-6 years relevant experience / CA : 1 to 4 years PQE experience
• Business experience in a Banking insurance environment gained from a Finance, Product
• Experience in SAP and Hyperion is preferable

Competencies

• Relating and networking
• Creating and innovating
• Data Analysis
• Delivering results and meeting customer expectations
• Working with people
• Presenting and communicating information

EducationBachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (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

Absa