Senior Financial Manager at Sasfin Bank Ltd

Job description

MAIN PURPOSE OF THE JOB:

To oversee financial reporting within the Banking Group.

DESCRIPTION OF TASKS

• Oversee the reconciliation process to ensure that recons are accurate, complete and delivered according to stipulated timelines.
• Prepare income statements and balance sheets both at an entity and divisional level, for management reporting purposes (EXCO), regulatory (SARB) and statutory reporting (financial statements in terms of IFRS).
• Analyse actual to budget variances and provide Deputy CFO with a monthly commentary report per division.
• Prepare dashboards for Executive Committee (EXCO) reporting.
• Review reporting relating to the securitisation vehicle.
• Review net open position of foreign operations.
• Ensure compliance with accounting policies and internal control framework.
• Assist auditors with information requests and queries during the year-end audit.
• Review year end ‘Audit Packs’ for reporting to the Group and auditors.
• Prepare annual financial statements for allocated entities and review financial statements from AFM’s.
• Drive integration between line of business system and GL. Streamline processes where appropriate.
• Involvement with budgeting and forecasting process – provide necessary inputs and review assumptions applied.
• Liaise with business unit heads on operational matters.
• Attend to ad hoc queries/projects queries as assigned by the Deputy CFO.
• Manage and develop employees – improve efficiencies and increase competencies.
• Ensure compliance with Tax Law and regulations:
• Keep abreast of changes within the tax environment and communicate the impact to the company.
• Review company tax packs and income tax returns for submission to the Group Tax Manager and Deputy CFO.
• Review VAT returns and ensure these are submitted and paid timeously.Drive integration between line of business system and GL. Streamline processes where appropria

SKILLS/PERSONAL ATTRIBUTES REQUIRED

• CA(SA) with banking experience;
• Minimum five years working experience;
• Technically strong – IFRS and Tax;
• Sound understanding of IT systems;
• Attention to detail is essential;
• Must be able to work on Caseware;
• Must be able to work well under pressure and meet strict deadlines;
• Must be able to work independently and as part of a team;
• Strong interpersonal skills;
• People management would be beneficial;
• Good problem-solving ability; and
• Good report writing skills.

REMUNERATION

Total Cost to Company, market related depending on qualification and experience.