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
The role is a senior, full scope financial management role for the Absa Regional Operations (ARO) 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.
Job Description
Overall Job Purpose
The role is a senior, full scope financial management role for the Absa Regional Operations (ARO) 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.
Key Accountabilities
Accountability: Analytics
Analytics accountabilities for the role span both internal and external reporting. The role will support senior internal stakeholders in the ARO business, and the successful applicant will be expected to provide analytic insight based on commercial business understanding to senior stakeholders.
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
Assist the Financial Controllers in continuously evaluating the control framework in Financial Control and enhancing 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 timelines are being met
Ensure quality of project implementation
Ensure that adequate documentation is delivered as part of the implementation to sustain the process
Co-ordinate 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
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 ensure 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)
Postgraduate qualifications focused on insurance and/or additional quantitative qualifications preferred
4 - 6 Years of relevant reporting, analytics and/or project management experience
Very strong academic track record
Knowledge & Skills
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
The ability to work in a pressured and unstructured environment and cope with the demands of working to tight deadlines
Competencies
The position requires a technically minded accountant with a passion for investment banking.
Analysis skills & technical ability
Judgment / decision making
Integrity
Team player
Oral and Written Communications
Resourcefulness
Adaptability
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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