Specialist AC Process Executor – Consol and Interdiv Eliminations at Absa Group Limited (Absa)

Accountability: Manage financial information completion process (60%)

• Act as a process executor for completion of financial information, including the accountability for the following key processes:
• Journals and month-end close
• Reconciliations
• Internals
• Completion of Supplementary information
• Consolidation and Internal eliminations
• Tax
• Accounting Functions
• Support to Subject Matter Expert (SME) on processes, resolution of issues and ad hoc requests from stakeholders including:
• Cluster Financial Controller
• Cluster CFO/BP&A team members
• Other Financial Control functions
• Support SME on obtaining TAG opinions and ad hoc queries on accounting issues.
• Act as the process executor for implementation of new standardised processes where relevant.
• Provide feedback to stakeholders on results reflected in the financial accounting system, as well as issues identified where there are potential risks to numbers.
• Act pro-actively in correcting issues and implement a sustainable process
• Ensure that principles of the Financial Control Operating Model are complied with and sustained.
• Maintain and enhance processes:
• Identify areas of improvement in completion, review and or submission processes to drive and implement a sustainable and effective process in support of quality and accuracy
• Identify synergies between different reporting processes and implement new and or enhanced processes

Accountability: Provide support to other process executors through motivation and employee engagement (20%)

• Understanding and managing team dynamics to maximize performance.
• Escalate issues around allocation of resources to process architects tasks to ensure delivery of team objectives.
• Ensure continued development of resources, through coaching and mentoring, to empower value added delivery of tasks.

Accountability: Process Execution (20%)

• Execution of processes as designed.
• Constantly review, improve and maintain own activities to enhance the effectiveness and efficiency of processes.
• Recommend areas for improvement in order to reduce cycle times, improve productivity, create capacity and improve process reliability and customer satisfaction.
• Assist in the implementation of new and/or enhanced processes.
• Identify activity-specific risks and work with Process Owner / Process Architect to mitigate risks.
• Maintain awareness of own activities and the impact thereof on related / interdependent activities.

Education and Experience Required

• CA(SA) newly qualified/2 to 3 years PQE experience
• Business experience in a Banking environment gained from a Finance, Product
• Group consolidations experience will be an advantage
• Experience in SAP