Finance Manager Accounting Control - Legal Entities at Absa Group Limited (Absa)

Job Description

Accountability: Managing end to end process across clusters (70%)

• Ensure alignment of process with organisational strategy; take accountability for relevant processes within area of responsibility and ensure delivery and maintenance of standardised processes and controls
• Owner of the end-to-end business process including defining the goals, objectives and KPI's, and performance management thereof
• Plan, implement and develop operating procedures for relevant area and updating process documentation
• Agree hand-ins and hand-offs with other process owners across FC
• Constantly review and improve processes (automation included) to drive and implement a sustainable and effective process in support of quality and accuracy
• Drive sustainable cost and processing efficiencies through continuous innovation, industry benchmarking and alignment to best practices
• Act as escalation and decision point for operational decisions related to specific process, including issue resolution
• Ensure cluster SMEs are aware of any issues in BAU process
• Ownership of accounting control responsibilities for key FC initiatives that impact process.
• Management of relevant executors of processes within ambit of control including co-ordination and management of capability and performance
• Change Management including facilitating change in process within scope of deliverables
• Identify process-specific risks and work with Process Architect to mitigate risks

Accountability: Lead a team of individuals to drive performance through motivation and employee engagement (30%)

• Act as the process lead for Group financial accounting and reporting, including taxation, month end close and ARO centre;
• Manage effective delivery of outputs to ensure high quality and efficient process;
• Work with process owners to unpack and redesign processes to obtain optimal efficiency in Accounting Control and Financial Control;
• Oversee execution and review of AC processes;
• Resolve issues and attend meetings related to process;
• Represent accounting control on operations committee for projects related to process;
• Support head of Accounting Control with strategic view for the function.

Role/Person Specification

Knowledge and Skills:

• IFRS, accounting and reporting
• Proven senior stakeholder management
• SAP or similar ERP system
• Basic understanding of accounting data flows
• Problem solving
• Interpersonal skills
• Management and leadership

Education and Experience:

• Honours/Masters-degree in (Accounting) (NQF level 7)
• CA SA
• Experience managing financial statement and disclosure processes and process improvement
• Control environment understanding and monitoring experience
• Previous people management experience will be beneficial.
• 5-6 year post articles with a minimum of 3 years’ experience in leadership or management position