Controller FC Risk Management and Control at Absa

Job Summary

• This role involves the testing, monitoring and coordination of assurance processes within Financial Control. The role includes analysing key risk information, identifying risk, assessing the control environment, escalation, via the appropriate governance forums of significant findings and remediation plans.  
• Develop an in depth knowledge of the financial reporting systems and processes as well as the an Groups policies and risk management frameworks in order to assess the relevant processes and controls.

Job Description

Provide independent and objective risk oversight in line with the relevant Group Frameworks. Responsibilities include (but are not limited to):

• Develop an in depth knowledge of the financial reporting systems and processes as well as the Groups Financial Reporting policies and risk management frameworks in order to assess compliance.  
• Analysing risk information and assessing the environment for potential areas where assurance activities would benefit management.
• Provide check and challenge to ensure that risks have been considered and sufficiently addressed.
• Review, challenge and tracking / escalation of findings.
• Review remediation plans for adequacy, completeness and progress.
• Critical Process assessment assurance, including reporting.
• Escalation of relevant findings to relevant governance forums.
• Identify and perform independent assurance testing and deep dives.
• Challenge processes to ensure risk are appropriately identified and managed.
• Enable management to monitor the effectiveness of the control environment and to take action to further mitigate risk where required.
• Provide risk guidance and support to management, including developing proposed solutions for areas where remediation is required  

Education and Experience Required

• B degree/similar qualification in a financial/related discipline or CA(SA)
• Non CA: 5-7 years relevant experience / CA : 3 to 5 years PQ
• Management or Front /Middle office role preferable.

Knowledge & Skills:

• Exceptional academic track record
• Understanding of financial reporting processes and related controls (Expert)
• Ability to identify control gaps and weaknesses (Expert)
• Ability to analyse and interpret financial data (Expert)
• Ability to write concise effective reports (Expert)

Competencies:

• Deciding and initiating action
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating

Education

• Bachelor`s Degrees and Advanced Diplomas: 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