Owner Process Accounting Control at Absa Group Limited (Absa)

Job Summary

• FC Accounting Control –  Process Owner - Accounting Control – Intercompany and Eliminations

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 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%)

• Senior leadership role within FC, responsible for leadership, guidance and enablement of team, either directly, or as an SME where leadership and management responsibilities include that of significant influence across the Financial Control function;
• Play role in strategic vision formulation process, in conjunction with Functional / Cluster Heads;
• Work closely with Architect to devise, formulate and execute on people management strategy for the area; 
• Ability to mobilise teams to achieve business objectives; 
• Management of team, direct and / or indirect across spectrum of processes / functions;
• Ownership of people related matters, including, but not limited to:
• Recruitment and Workforce Planning
• Induction and on-boarding
• Performance Management and Development (including Training)
• Day to day team / function / process management
• Employee Relations and People administration
• PD input for other process team members that assist on your process.

Education

Postgraduate Degrees and Professional Qualifications: 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