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
To provide advice and support in financial practice formulation and associated best practice improvement tactics; enabling the provision of specialist expertise. Job Description Overall Job Purpose The role is a senior, full scope financial management role for the Corporate and Investment Banking as well as Treasury (CIBT) cluster. Stakeholder engagement and commercial understanding are key success factors and the successful applicant will support financial decision making and execute on internal and external reporting. Successful applicants will have the opportunity to upskill and learn about these more specialized businesses.
The successful applicant will also be expected to understand and contribute to the wider Financial Control strategy threads of process improvement and credible reporting. Credible, quality reporting will be a minimum business as usual expectation in the role. Alignment and participation in Financial Control's continuing functionalization and process improvement imperatives will also be critical deliverables in the role.
Key Accountabilities Accountability: Analytics Analytics accountabilities for the role span both internal and external reporting. The role will support senior internal stakeholders in the CIBT business and the successful applicant will be expected to provide analytic insight based on commercial business understanding to senior stakeholders. Stakeholders include senior management of the CIBT business and the Financial Controller for the CIBT Cluster.
Specific accountabilities include :
Designing, developing and implementing analytical tools which will provide comfort that internal and external reporting is accurate (including scenario analyses to anticipate and challenge reporting results) Ensuring that team members have a detailed understanding of products and businesses to enable relevant design and interpretation of analytics to enable accurate timeous commentary on reporting Provide input into external reporting deliverables using business knowledge obtained through analytical processes Provide commentary on external or internal reporting To assist the Financial Controllers to continuously evaluating the control framework in Financial Control and to enhance it as appropriate; Accountability: Reporting The reporting function for the role is supported by various teams. However, the successful applicant will have certain business as usual reporting responsibilities.
Designing, developing and implementing processes and systems which will provide comfort that external reporting is accurate Responsible for ensuring that all external reporting is delivered on time and is accurate Reviewing internal and external reporting and commentary to ensure that reporting is accurate Assisting with the implementation of best practice financial disclosures and presentation; Accountability: Product and process management Successfully manage and deliver major projects from commencement to completion within the scope, budget and time agreed to; Manage project resources internally or externally to ensure that time lines are being met; Ensure quality of project implementation; Ensure that adequate documentation is delivered as part of the implementation to sustain the process; Responsibilities would include the co-ordination of different groups of people, from varying disciplines associated with the project. Accountability: Project & Staff Management: Providing leadership to junior team members in the area of strategically improving reporting processes; Ensure that assigned projects are planned, staffed accordingly and successfully implemented within agreed timelines. Communicate if risks arise to successful implementation of assigned projects, and finalise and propose alternatives Help execute the people management strategy for Financial Control; Assist in embedding formal Performance Development and informal coaching in the team; Review training needs of team members and ensuring that team members receive the relevant training; Assist in the interviewing of junior team members; Education and Experience Required Chartered Accountant (Financial Services/Insurance experience preferred), Given the technical nature of insurance accounting/valuations, additional postgraduate qualifications focused on insurance and/or additional quantitative qualifications are preferred 4 - 6 Years of relevant reporting, analytics and or project management experience (insurance/banking preferred); Very strong academic track record. Knowledge & Skills: (Maximum of 6) Strong problem solving skills Strong data analytical skills Banking Product Knowledge. Strong technical accounting skills; Experience designing and implementing calculation tools Exceptional interpersonal and team-working skills and the ability to communicate at all levels; The ability to work in a pressured and unstructured environment and to cope with the demands of working to tight deadlines; Competencies: (Maximum of 8 competencies) The position requires a technically minded accountant with a passion for investment banking.
Analysis skills & technical ability; Judgment / decision making – demonstrates logic, rationality and objectivity in decision making whilst balancing speed vs. thorough approach; Integrity – consistent, earns trust, fights fair, uses the facts; Team player – approachable, establishes collaborative relationships; Oral and Written Communications - fluency, clarity, precise, well organised communications; Resourcefulness – action oriented, goes "beyond the call of duty" to solve problems; Adaptability – adapts quickly to change and copes well with complexity; Experience – Designing and implementing project or system solutions Education
Postgraduate Degrees and Professional Qualifications: 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
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