Jobs at Absa Group

Act as a process executor for completion of financial information within the process Reconciliations

Key focus will be on Month end Reporting and Balance Sheet Reconciliations
Key Responsibilities
Job Description
Accountability: Manage financial information completion process (60%)

• Act as a process executor for completion of financial information within the process Supplementary Data
• Key focus on Regulatory reporting and support to Process
• Owner
• Analysis and unpack on queries and issues for
• Supplementary Data Process
• Projects will relate to improvements on disclosure and/or Banking and Insurance Regulatory returns as well as the implementation of new Regulations
• Independently problem solve by using analytical skills and / or out the box thinking
• Able to investigate difficult, unstructured problems and drive solutions
• Independently execute and drive projects to completion
• Able to support the process owner with management of the teams projects
• Be able to understand and work with large data sets. Have the ability to analysis data, understand the analysis and articulate the findings clearly to others outside of AC and FC
• Be able to engage and solution with senior stakeholders within the organization around any Supplementary Data concerns or issues which may arise
• Present project finding to senior stakeholders
• An ability to identify inefficient processes across supplementary data and recommend potential solutions. Good understanding or experience in implementing automated solutions will be beneficial
• An ability to repriorise daily deliverables in order to address an adhoc query arising either related to financial disclosures or regulatory queries
• Support and cover for the process owner should the Process Owner not be around
• 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%)
Accountability: Process Execution (20%)
Knowledge & Skills
Education And Experience Required
Competencies:

• 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.
• 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
• Exceptional academic track record
• Understanding of financial reporting processes and related controls (Expert)
• Ability to identify control gaps and weaknesses (Expert)
• Ability to analyse and interpret financial data (Expert)
• Ability to write concise effective reports (Expert)
• Advanced excel skills to contribute to the team
• Good understanding of consolidations
• Good understanding and experience in implementing automated solutions
• Basic knowledge of SQL will be beneficial
• CA (SA) with 2 or more years of experience
• Business experience in a Banking environment gained from a Finance, Product
• Regulatory Experience would be an advantage
• Project Management experience would be an advantage
• Deciding and initiating action
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and highly innovating