Vacancies at FNB South Africa

To provide expertise and support to the business unit by applying accounting principles in the preparation of internal and external managerial reports, financial statements and financial counsel. Actively contributes to the business’s financial, operations and strategic plans.

Responsibilities

• Increase operational efficiency and suggest solutions to enhance cost effectiveness and prevent wastage
• Provide sound services and recommendations based on customer and client needs, current information and trends
• Develop and manage key stakeholder relationships that enable achievement of operational objectives
• Adhere to financial reporting guidelines set out by FirstRand
• Approve payments and review reconciliations
• Maintain accurate records for all financial transactions of the business unit.
• Analyse, summarise and account for financial transactions pertaining to a business
• Support availability of financial decision-making information by collecting, analysing and reporting financial data.
• Provide accounting information to support business performance
• Execute relevant projects and initiatives in line with strategic objectives
• Continuously assess own performance, seek timely and clear feedback and request training where appropriate.
• Develop and nurture internal relationships within FNB enabling collaboration

Experience and qualifications

• Minimum Qualification : Relevant diploma or undergraduate degree in finance and/or accounting
• Preferred Qualification : SAIPA qualification, AGASA or CIMA level 4
• Experience : 2 Years post-qualification experience
• Basic understanding of international financial reporting standards (IFRS)
• Experience in the preparation, analysis and interpretation of annual financial statements

go to method of application »

To compute the cost of different services and activities performed inside the organisation using established, scientific processes in order to support internal reporting requirements and cost efficiencies.

Responsibilities

• Apply rate analysis to determine trends and explain variances (retrospective).
• Work with developed cost models and within established work and service processes.
• Process and post all related model transactions / journal entries.
• Conduct costing analysis and develop monthly and ad-hoc reports to support internal decision making.
• Prepare profitability calculations and analyse how these influence pricing strategies; provide input for external profitability reporting requirements.
• Deliver exceptional service adhering to relevant SLA agreements and offering appropriate solutions.
• Continuously assess own performance, seek timely and clear feedback and request training where appropriate.
• Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.               

experience and qualifications                 

• Completed undergrad degree – Finance, Costing or Maths
• Preference for additional modelling qualifications e.g. quants & actuarial analysts; stats, financial modelling
• CIMA preferred

go to method of application »

Ensure that quality and productivity targets are met by leveraging resources, support functions and relationships across the business.

Responsibilities

• Provide cost budgeting guidance to the business (prospective).
• Build, implement and maintain cost models aligned to standard drivers and methodologies to reflect both business expectations and Steerco guidance.
• Manage costing allocation and interrogate the variances.
• Develop, interpret and provide feedback to the business on monthly and ad-hoc analysis and reports to support decision making.
• Prepare profitability calculations and analyse how these influence pricing strategies; provide input for external profitability reporting requirements.
• Coordinate and manage the quality of team’s work, continuously monitoring compliance to quality and implementing improvements where required.
• Manage and monitor risk to ensure that all processes fall within the risk & audit guidelines. Investigate and implement measures to correct audit findings.
• Define processes that effectively manage objective and professional relationships and SLAs with relevant external parties.
• Apply and monitor governance to ensure that all processes and documentation on model rules and assumptions are aligned with technical committee and costing
• Monitor and coach behaviours that ensure a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
• Continuously assess own performance, seek timely and clear feedback and request training where appropriate.
• Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.                          

Experience and qualifications

• Recognised undergraduate degree (Finance, Costing or Maths).
• CIMA preferred.
• Experience in working with large data
• Additional modelling qualifications e.g. quants & actuarial analysts; stats, financial modelling.
• 3 - 5 years’ experience in a similar environment.
• Experience in managing people.
• Experience and knowledge of technical cost accounting and financial modelling practices.

go to method of application »

To lead and supervise a team of cost accountants in order to ensure that quality and productivity targets are met by leveraging resources, support functions and relationships across the business.

Responsibilities

• Provide cost budgeting guidance to the business (prospective).
• Build, implement and maintain cost models aligned to standard drivers and methodologies to reflect both business expectations and Steerco guidance.
• Manage costing allocation and interrogate the variances.
• Develop, interpret and provide feedback to the business on monthly and ad-hoc analysis and reports to support decision making.
• Prepare profitability calculations and analyse how these influence pricing strategies; provide input for external profitability reporting requirements.
• Coordinate and manage the quality of team’s work, continuously monitoring compliance to quality and implementing improvements where required.
• Manage and monitor risk to ensure that all processes fall within the risk & audit guidelines. Investigate and implement measures to correct audit findings.
• Define processes that effectively manage objective and professional relationships and SLAs with relevant external parties.
• Apply and monitor governance to ensure that all processes and documentation on model rules and assumptions are aligned with technical committee and costing
• Monitor and coach behaviours that ensure a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
• Continuously assess own performance, seek timely and clear feedback and request training where appropriate.
• Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.

     Experience and Qualifications

• Recognised undergraduate degree (Finance, Costing or Maths).
• CIMA preferred.
• Additional modelling qualifications e.g. quants & actuarial analysts; stats, financial modelling.
• 3 - 5 years’ experience in a similar environment.
• Experience in managing people.
• Experience and knowledge of technical cost accounting and financial modelling practices.