Investment Controller at Development Bank of Southern Africa (DBSA)

Key Performance Areas: 

Strategic Reporting and Investment Support:

• Facilitating the alignment of the financial strategy with the business strategy as far as the asset and liability portfolio of the Bank is concerned.
• Review the asset and liability performance to confirm alignment between the DBSA corporate strategy with the Bank's operating model.
• Preparation of reports encompassing financial modelling, scenario planning, and forecasting in support of the strategic direction for the DBSA Asset and Liability portfolio.
• Provide assistance and guidance in developing supporting systems and procedures.
• Provide financial and statistical reports for executive decision making.
• Review and amend financial policies and procedures to support the business and ensure alignment with procedures, strategies and financial rules and regulations.
• Provide proactive and regular forecasting and scenario planning for corporate and divisions.
• Interpret and analyse key financial information current and forecast and ratios to assist in financial decisionmaking.
• Implement expense-management strategy to be utilised for financial analysis, decision-making and cost savings.
• Escalate any deviations and challenges to management, with recommended remedial and mitigating actions.
• Implement financial control processes and ensure effective management of working capital, margin management, risk management and disciplined financial best practice.

Management Reporting and Information systems:

• Preparation and review of the notes to the financial statements and ensure accurate quality and timeliness of the quarterly and annual results.
• Review of financial processes and systems and ensuring regular updates.
• Prepare financial plans and budgets for executive decision-making.
• Preparing balance sheet and cash flow projections with accuracy, reliability, and on time.
• Impairment assessments and review of the asset portfolio for adequacy of provisions on the credit portfolio and reasonableness of fair values of the unlisted equity investments
• Provide proactive and regular forecasting and scenario planning for corporate planning for assets and liabilities.
• Assess processes and recommend continuous improvements on back-office support operations. 
• Review own actions against the organisation plan (Balance Score Card) and look at the "big picture" when considering opportunities.
• Evaluate functions against the organisational plan (Balanced Scorecard) and ensure achievement of targets while considering the broader strategic perspective and identifying opportunities.
• Keep abreast of the DBSA's business functions, business developments and trends.
• Maintain ongoing compliance in terms of legislative (Treasury, PFMA), financial, tax and related matters.
• Provide information and insights in the preparation of annual and interim financial reports.
• Review payments to ensure protection against or early detection of fraudulent activities.
• Conduct research and analyse complex and diverse information to gather insights and market data.
• Support in the design of workflows and procedures.

Stakeholder Management:

• Provide direction and management to colleagues where applicable.
• Build relationships with stakeholders across the organisation to ensure open communication and to obtain a deep understanding of the Bank's operations.

Qualifications and Experience:

Minimum Requirements:

• A Bachelor’s Degree in Commerce or Finance or Accounting.
• A minimum of 5 years’ experience in investment banking within the banking environment.
• A minimum of 2 years’ experience in relevant treasury accounting, assets and liability portfolio management and experience.
• A strong career track record in the back office in a large, complex organisation with multi-dimensional businesses within the banking sector for a minimum period of 4 to 5 years, preferably in an investment banking environment.
• Strong, current understanding of and a strong commitment to good corporate governance and specifically international reporting standards including IFRS 9, IFRS, Basel, GAAP and other regulatory requirements including the PFMA.
• Understanding of key financial markets.
• Knowledge of the relevant legislative framework, i.e. King IV, MFMA, PPPFMA and other relevant legislation etc.
• Strong understanding of the integration of back, middle and front office.

Desirable Requirements:

• A CA(SA) or CFA qualification.
• Exposure to African global markets.
• Equity valuation experience.
• Good understanding of SAP, quantum and other accounting tools.