RMB - Rand Merchant Bank is a division of FirstRand Bank Limited, a fully integrated financial services group in South Africa, distinguished by our traditional values and innovative ideas. We have adapted investment banking solutions to suit your personal financial needs and this, together with an entrepreneurial approach, attracts like-minded, discerning clients.
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To provide operational financial direction to business units
To implement and enhance the accounting workflow systems and processes within business while ensuring financial controls and procedures are followed and adhered to for various internal and external stakeholders
To compile statutory, regulatory and management reporting for corporate bank
Compile suspense accounts age analysis on a monthly basis
Manage ICP's
Monitor and reconcile internal bank accounts i.e. volunteer bank accounts on a monthly basis
Balance information received to what was submitted on the system for mandates, workflow proving, GL upload, cost company journals upload and internal bank account sweeping journals
Attend SteerCo when required to discuss reconciled pack
Compile and present a monthly governance report which focuses on B S items, highlighting potential issues
Analyse, review and question the ageing of suspense accounts as well as accounts receivable and payable
Highlight month on month variances and movements
Sample testing and review
Understand the GL structure and maintenance and ensure alignment with the reporting
Compile and submit timeous monthly financial reports
Ensure monthly dashboard is accurate and submitted to business
Adhere to reporting guidelines for FAS and Tax Packs
Resolve monthly audit and reporting queries
Ensure that operational counting in terms of processes, restructuring of business, recoveries, allocation, VAT etc. are dealt with on a monthly basis
Compile monthly management reports and send to relevant stakeholders in order to add business insights to numbers
Track and analyse performance across the board
Compile presentations for relevant stakeholders to present
Proactively highlight issues, both strategic and material, in report by early identification and engagement across finance and business teams
Review reports to streamline and propose report enhancements where possible
Compile and reconcile CB consolidated headcount template on a monthly basis
Update rolling monthly forecast in alignment with business expectation
Ensure that Essbase system is updated accordingly
Provide input into the generic budget guidelines document with principles
Adhere to budget timelines in terms of SLAs loaded for each subfunction of the budget process
Provide ongoing communication around external cost changes i.e., SLA and interdivisional
Ensure all Essbase loads are loaded within deadline
Ensure SLA recoveries are amended when budget changes are received
Ensure recover document is amended a SLA recoveries are amended
Submit monthly commentary on budget variances
Ensure headcount templates updated and consolidated
Submit budget headcount allocation to align with business restructures
Present budget to various stakeholders i.e., business enablement and other stakeholders
Upload budgets onto HFM and ensure alignment with business sign off
Compile all management reporting and presentations for corporate bank budgets
Manage consolidated Capex
Monitor completeness of budget results throughout process against business expectation – highlight issues and concerns for discussion and resolution
Compile the CB budget and Essbase document
Maintain chart of accounts, mappings, new companies and cost centres
Ensure that Essbase numbers reconcile to HFM for both monthly and budget numbers
Maintain Essbase for special roll-up created and propose changes where identified
Forecast budgets on Essbase on a monthly basis
Act as the central point for all GL maintenance forms and submit to FNB FAS
Contact point for CB with FNB, RMB and FirstRand central finance teams around structure and monthly results
Complete FAS packs and schedules on HFM on a monthly basis
Load ICP's on HFM for corporate bank
Clear all validations on the schedules and promote HFM packs
Upload forecasts on HFM and promote
Coordinate business commentary in order to enable team to explain variances
Proactively manage deadlines by providing monthly deadlines schedule to GMCB finance teams
Ensure statutory view is always aligned to management view i.e., reconciled, able to explain different views etc.
Promote BA returns on HFM input analysis schedules onto returns accurately
Clear validations and promote BA returns
Coordinate and consolidate business commentary in order to explain monthly variances to RMB and FirstRand regulatory
Calculate monthly credit provisioning numbers
Conduct monthly capital split workings
Raise provisions on a monthly basis based on business input
Distribute to various stakeholders
Highlight material monthly and annual movement in provisioning and capital schedules – appropriate commentary provided
Assist with the completion of the BA200
Monitor bad debts schedule for NPLs
Complete quarterly reports timeously and accurately, and complete interim and annual reports timeously and accurately
Manage external auditors at year end regarding any issues and group queries
Engage auditors on potential issues to resolve during audit process or escalate to central level for resolution
Contribute to projects as and when required
Interact with impacted parties and formulate a solution for approval and implementation
Build and maintain professional working relationships with all stakeholders displaying excellent abilities to initiate dialogue listen advise influence and negotiate to achieve win win outcomes
Initiate meetings with key stakeholders to track progress manage expectations and ensure stakeholders requirements are delivered
Preserve relationships despite airing conflicting views and seeks mutual gains when addressing conflicts
Anticipate consequences and adapts problem solving based on continual feedback
Act speedily to resolve problems queries and complaints
Adapt communication styles to meet the needs of different audiences
Demonstrate pride in the organisations brand services and products by consistently delivering on the brands promise
Follow through to ensure that personal quality and productivity standards are consistently and accurately maintained
Stay relevant and up to date with legislations and new developments
Maintain a positive attitude and respond openly to feedback
Handle stress in ways that do not negatively impact others
Plan and manage own workflow anticipating obstacles juggling priorities and following through on objectives within agreed time frames and according to quality standards
Take ownership of personal career development leveraging formal and informal opportunities
Read situations and organisational realities
Set aside personal agenda for the greater good
Act in an ethical transparent and morally defensible manner including highlighting unethical practices
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