Job Vacancies at Absa

Job Summary

• The role of Product Controller has opened in in our Transactional Banking PCG Trade area. The overall responsibility of this role includes P&L production/reconciliation and balance sheet substantiation, and/ or responsibility for process ownership within an asset class, and / or involvement in broader, floor wide Product Control initiatives

Job Description

Production related responsibilities:

• Accounting – posting to the General Ledger accurate and timely information
• Substantiation of the trading balance sheet – ensuring the full trading balance sheet can be substantiated
• Regulatory reporting alignment - ensuring the Balance sheet is aligned to reports send to regulators
• Data ownership – Ensuring the quality and accuracy of the data going downstream to other infrastructure areas
• Control environment – Overseeing the control environment in which the business operates
• P&L review – understanding and providing commentary on the P&L.
• In the process of production focus is needed on:
• Reporting – Ensuring reporting is accurate and timely
• Control – Continue to implement the on-going control environment and report any deficiencies or issues to managers

Key Accountabilities:

• P&L production and BS substantiation
• Interaction with key stakeholders
• Process Owner
• Strategic and/or Project and /or Change related Initiatives

Education and Qualification

• B degree/similar qualification in a financial/related discipline with 5 years relevant experience or CA(SA) with 2 years PQE experience
• Investment banking or Product Control experience
• Product specific knowledge
• Experience in creating and maintaining an effective control environment
• Experience with Projects and / or Strategic Initiatives and / or Change Management preferred

Education

• Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (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