Senior Product Controller (VP) at Absa

Job Description
The overall purpose of the job is the day to day management of the teams responsible for the production of various tasks within and Exchange Traded Funds (ETF) Product Control desks including:

• Accounting – posting to the general ledger accurate and timely information
• Substantiation of balance sheet
• 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 pnl.

Specifics related to this role:

• Candidate will be responsible for preparation of the monthly, quarterly & annual reports for regulatory disclosure and all internal reporting (Desk Head pack, Manco reporting and financials)
• Candidate will supervise Capital and Regulatory returns
• Ensure ETF passes both internal and external audits with no significant issues.
• Candidate will look after ETF CIS and Commodities as legal entity and ensure all legal entity obligations; board packs, reporting etc are taken care of.
• Candidate will be expected to present to Board
• Ensure EFT’s is fully compliant for tax purposes
• Candidate will supervise a team of 4 people

In the process of production focus is needed on:

• Escalation of significant issues reported.
• Reporting and maintenance of senior relationships across the organization.
• Control – continue to ensure than an effective control environment is maintained with their team and ensure managers are accountable.

Education And Experience

• CA (SA) with 5 years PQE or relevant degree/ Honors with 8+ year’s relevant experience.
• Extensive management experience essential. (3-5 years)
• Investment banking or Product control experience preferred.
• Product specific knowledge preferred (e.g., Equities, rates, FICC)
• Experience in creating and maintaining an effective control environment.

Education
Postgraduate Degrees and Professional Qualifications: Business, Commerce and Management Studies (Required)