Accountant Finance

time left to apply End Date: January 1, 2025 (18 days left to apply)

job requisition id R-15970209

Empowering Africa’s tomorrow, together…one 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

Reporting of management information within Everyday Banking Financial Decision Support (FDS). This central team provides continuous decision support for Exco and senior management within Everyday Banking.

Job Description

Financial Reporting Accountabilities

• Build trust in the finance function through the creation of a single source of financial information which is corroborated by related management information sources and alignment to the agreed accounting principles, methodologies, and underlying data are correctly applied.
• Ensure appropriate, quality and timeous delivery of accurate financial and non-financial management information to support business objectives and expectations, including appropriate financial and non-financial metrics, valid and insightful comments and packaging the information in a relevant and appropriate manner.
• Own the process of delivery of high-quality information for regular and ad-hoc enhanced reporting to agreed requirements, timelines, and standards.
• Validate all management reporting information for flash results, month end financial results and utilisation and reporting of various key metrics.
• Generate finance narratives and insights driving business; and build pioneering new propositions.
• Take a commercial view on business and provide contextual insights into performance reports.
• Prepare financial results for senior stakeholders highlighting performance against plans, prior performance and providing meaningful insights on possible risks and opportunities for the near future.
• Align to processes around month-end and year-end across the Everyday Banking Financial finance community based on the requirements from Group.
• Interact with the stakeholders to agree minimum quality standards, as well as an agreed method of communicating and resolving any identified quality deficiencies in the reporting process.
• Act in line with the correct governance and control frameworks across the Finance team, as well as for proactively addressing any deficiencies and exceptions.
• Ensure that the Senior Specialist is appraised of key financial issues that need to be raised with executive leadership to enable integrity and timely management of the BU.
• Know BU financial ambitions and balance sheet aspirations of Everyday Banking Financial in performance reporting.
• Focus on information-driven performance improvement and formulate data into easy access standardised views.
• Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity.

Financial Planning and Budgeting

• Provide analysis and input on financial planning and budgeting.
• Prepare periodic forecast/outlooks, formal STP (Short Term Plan) and RAF (Revised Annual Forecast) as well as STP and RAF capture into the system.

Control Environment

• GL Structure clean-up which includes “removing” of un-used cost centres, PLUS ownership of GL Structure in terms of changes (new cost centres, etc.).
• Mandates maintenance.
• Liaison and cooperation with regions.

Role / Person Specification

• Strong financial reporting skills.
• Problem solving and efficiency improving.
• Client service drive.
• Strong product knowledge.
• Strong communication skills.
• Analytical and detailed focussed.
• Knowledge of building collaborative work environments.

Competencies:

• Personal & Interpersonal Skills.
• Business Skills.
• Technical Knowledge.

Education

• Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+), CA (SA) or CIMA or MBA qualification preferred.
• 3+ years post qualification experience (preferably in banking).

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.

About Us

Absa Group Limited (“Absa Group”) is listed on the Johannesburg Stock Exchange and is one of Africa’s largest diversified financial services groups.

Absa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.

Absa Group owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda and Zambia and has insurance operations in Botswana, Kenya, Mozambique, South Africa and Zambia. Absa also has representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.