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Specialist: Accounting

Employer
1001 Absa Bank
Location
Sandton Sandton, Gauteng North Johannesburg, South Africa
Salary
Competitive
Closing date
Jan 31, 2023

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Job Role
Other
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Bring your possibility to life! Define your career with us
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary
The overall responsibility of this role includes daily P&L production and balance sheet substantiation, and/ or responsibility for process ownership within an asset class, and / or involvement in broader, floor wide Product Control initiatives
Job Description

Production related responsibilities:
  • Accounting - posting to the General Ledger accurate and timely information
  • Substantiation of the trading balance sheet - ensuring the full trading balance sheet can be substantiated
  • 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 P&L.
  • In the process of production focus is needed on:
  • Reporting - Ensuring reporting is accurate and timely
  • Control - Continue to implement the on-going control environment and report any deficiencies or issues to managers

Key Accountabilities:
  • P&L production and BS substantiation
  • Interaction with key stakeholders
  • Process Owner
  • Strategic and/or Project and /or Change related Initiatives

Education and Qualification
  • Bachelor's Degree/similar qualification in finance/accounting/commerce
  • Investment banking or Product Control experience is advantageous
  • Experience in creating and maintaining an effective control environment
  • Experience with Projects and / or Strategic Initiatives and / or Change Management preferred

Education
Bachelor`s Degrees and Advanced Diplomas: 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

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