Financial Manager: Reporting

3 weeks ago


Sandton Johannesburg, South Africa Bidvest Bank Full time

Primary Purpose

The main purpose is to assist the Head of Planning, Reporting and Analytics by playing a leading role in the Reporting function of the Bank.

The Financial Manager is responsible for the day-to-day financial operations of Reporting function and to ensure coherence between the Reporting and Planning functions and ensure accuracy, completeness, and reasonability of all financial planning and reporting outputs.

The candidateâs expertise will be crucial in ensuring that our bank achieves its financial objectives, complies with regulatory requirements, and maintains a strong financial position. Overall, the candidate plays a key role in driving our bank's success and growth by leveraging your financial acumen to inform strategic decision-making and drive operational excellence.

Play a leading role in implement a process of automation in Planning and Reporting which includes:

Month end Flash reportAudit Committee reportBoard reportRegulatory reports

Project lead in Implementing new Planning and Reporting Tools.

Minimum Requirements

Qualifications

Graduate Degree in Finance or Equivalent qualification, supplemented with professional qualifications (CA (SA) / CIMA or equivalent)
Microsoft Office (Advanced Excel Skills)

Experience

5 to 10 years of experience in banking and financial services.Minimum 5 years banking experience relating to Reporting.Experience with the delivery of high-priority projects and activities, under pressurized conditions.Experience with leading more junior team members with the execution of project tasks.Entrepreneurial and dynamic

Competencies

Technical

Financial Reporting

Reporting and Performance Measurement: Ability to design and implement financial performance metrics and reporting systems that provide insight into the bank's financial performance.Accounting: Knowledge of accounting principles and practices, including IFRS, and ability to apply them to financial reporting and analysis. Regulatory Compliance: Understanding of financial regulations and compliance requirements, and ability to ensure that the bank is meeting these requirements.Financial Analysis and Modelling: Ability to analyse complex financial data, identify trends and patterns, and use financial models to forecast future performance.

Behavioural

Business Success

Understand the operations of the various systems' interfaces and products within the bank.Attention to detail.Analytical skills for problem-solvingOrganisational skills.Deadline driven.Ability to handle stress in a high-pressure environment.Financial acumen.Internal policies and procedures.Resourceful.

Building the Future

Ability to identify weaknesses in the control environment and recommend change.

Working with people/ Collaboration

Excellent interpersonal and communication skills.

Duties and Responsibilities

Reporting

Preparation, collation and delivery of business performance reports including but not limited to the below:

Consolidated and Segment Financial ResultsBidvest Bank CFO ReportBidvest Bank Audit Comm CFO ReportBidvest Bank Board CFO ReportBFS Flash Commentary reportBidvest Financial Services Board ReportAnalyse data and identify risks, opportunities, and revenue leakage within business.Implement and maintain reporting for Bank and related business units and assist with BFS divisional reporting. Implement standardized reporting for all financial cycles to include:

Bank and for each business unit:

Balance SheetIncome StatementProduct Margin AnalysisProduct Cash Flow

Bidvest Financial Services (other than Bank):

Balance SheetIncome Statement Assist the Planning Manager with preparation of Budgets, Revised Forecast, Medium Team's Plan, Deep Dive analysis presentations for executive and board review of financial information.Compiling of various ad hoc reporting / analysis for CFO / business unit review

Reporting Analysis

Review Bankâs consolidated submitted reporting and identify areas requiring further clarification.Review business unit submitted reporting and challenge / enquire on any identified variances and/or anomalies.Review Bankâs balance sheet and align non-product items where required.Translating the business unit strategic initiatives into measurable budget. components for tracking purposes.Support cost management initiatives by identifying drivers of costs, including overhead costs and costs of sales.Analyse and interpret financial information and forecasting as well as the measurement, and to report financial results for the Bank as a whole / business unit to provide early warning to management of any probable issues and proposed solutions.Monitor and review business performance results on a monthly and quarterly basis, supported by the preparation and dispatch of Bank performance reports.Continuously monitor performance and progress of the business, in relation with agreed key performance measures.

Strategic Finance

Develop investment appraisals for strategic growth within the business.Ensure end-to-end service of forward and backward-looking reporting and the accuracy, reasonability of the 2 processes.

Customer Centricity

Business Story/ Business Performance

Develop and manage reporting within business units.

Stakeholder Engagement

Provide strategic support to all bank business units in delivering on their outputs impacting all Financial Reporting Cycles.

Staff Management

Maintain strong and positive interpersonal relationships with colleagues as well as direct reports.

Process Management

Coordination an execution of the end-to-end processes of Reporting included in the Financial Planning Cycles

Automation and Implementation

Continuously enhance processes as the Reporting function evolves.

Practical Implementation/ Solving common problems jointly

Drive or participate meaningfully in reporting projects (automation and proof of concepts). Key is to be an active participant in cross-functional projects that have a pervasive impact.

One version of the truth

Successful testing of reports/ dashboards/ new reporting requirements and related business rules. Ensure one version of the truth across financial/drivers/ reports across the organisation.

GL Structure maintenance

Provide guidance on opening new general ledger accounts and cost centres.

Learning and Growth

Training

Keeping abreast of own development and ensure exposure is gained based on development areas.Provide training and development to staff.

This position is advertised in line with our commitment to Employment Equity.




  • Sandton, Gauteng, South Africa Bidvest Bank Full time

    Primary PurposeThe main purpose is to assist the Head of Planning, Reporting and Analytics by playing a leading role in the Reporting function of the Bank.The Financial Manager is responsible for the day-to-day financial operations of Reporting function and to ensure coherence between the Reporting and Planning functions and ensure accuracy, completeness,...

  • Financial Accountant

    4 weeks ago


    Sandton, South Africa Green Marble Recruitment Consultants Full time

    Minimum requirements:Bcom Degree or studying towards 3-5 Years experienceExcellent reporting skills Analysis of financial data (Eye for detail)Foreign currencies.Intercompany accounts.Duties and responsibilities - NOT LIMITED TO:Analysing financial data and ensuring accurate financial reporting.Maintenance and reporting.Prepare monthly provision...

  • Financial Accountant

    3 weeks ago


    Sandton, South Africa Green Marble Recruitment Consultants Full time

    Minimum requirements: Bcom Degree or studying towards 3-5 Years experience Excellent reporting skills Analysis of financial data (Eye for detail) Foreign currencies. Intercompany accounts. Duties and responsibilities - NOT LIMITED TO: Analysing financial data and ensuring accurate financial reporting. Maintenance and reporting. Prepare monthly provision...

  • Financial Accountant

    4 weeks ago


    Sandton, South Africa Adzuna ZA B C2 Full time

    Minimum requirements:Bcom Degree or studying towards 3-5 Years experienceExcellent reporting skills Analysis of financial data (Eye for detail)Foreign currencies.Intercompany accounts.Duties and responsibilities - NOT LIMITED TO:Analysing financial data and ensuring accurate financial reporting.Maintenance and reporting.Prepare monthly provision...


  • Johannesburg, South Africa Salix Recruitment Full time

    Purpose of the Job involves proficient understanding of IFRS in the preparation of financial reports and technical accounting memos to meet regulatory and legislative requirements Contribute to the success of a leading property company that is reshaping the landscape of real estate and making a positive impact on communities and be part of a company that...


  • Johannesburg, South Africa Salix Recruitment Full time

    Purpose of the Job involves proficient understanding of IFRS in the preparation of financial reports and technical accounting memos to meet regulatory and legislative requirements Contribute to the success of a leading property company that is reshaping the landscape of real estate and making a positive impact on communities and be part of a company that...


  • Johannesburg, South Africa Telebest Full time

    Our client has an opportunity available for a Senior Manager in the Financial Reporting department based in Constantia Kloof.Requirements:CA education.5 years’ experience as an Accountant.5 years Management experience.3 to 5 years SAP proficiency.Knowledge:IFRSIncome Tax ActVAT ActKING III Responsibilities:Financial management of daily, monthly and annual...


  • Johannesburg, South Africa Thungela Full time

    Job DescriptionYou will contribute to the timely and accurate preparation, compilation, and distribution of financial reports, ensuring compliance with regulatory standards and transparent transaction reporting as well as executing the timely completion, compilation, and distribution of relevant sections of internal and external financial reports.More of...


  • Johannesburg, South Africa TalentCru Full time

    Are you a dynamic and qualified Chartered Accountant with a passion for financial reporting and a keen eye for detail? Our client is on the lookout for a talented individual to fill the exciting role of Reporting Financial Accountant.Essential Technical Skills:Qualifications: Qualified CA with post-article experience, IFRS reporting expertise, and a strong...


  • Johannesburg, South Africa TalentCru Full time

    Are you a dynamic and qualified Chartered Accountant with a passion for financial reporting and a keen eye for detail? Our client is on the lookout for a talented individual to fill the exciting role of Reporting Financial Accountant . Essential Technical Skills: Qualifications: Qualified CA with post-article experience, IFRS reporting expertise, and a...


  • Johannesburg, South Africa Salix Recruitment Full time

    Are you a skilled accountant with a passion for financial reporting and analysis?Our client is seeking a talented Group Financial Reporting Accountant to join their dynamic team and help drive their financial reporting processes to new heights!Known for being a leading investment management firm, our client is dedicated to delivering exceptional results for...


  • Johannesburg, South Africa Salix Recruitment Full time

    Are you a skilled accountant with a passion for financial reporting and analysis?Our client is seeking a talented Group Financial Reporting Accountant to join their dynamic team and help drive their financial reporting processes to new heights!Known for being a leading investment management firm, our client is dedicated to delivering exceptional results for...


  • Johannesburg, South Africa Adzuna ZA B C2 Full time

    Are you a skilled accountant with a passion for financial reporting and analysis?Our client is seeking a talented Group Financial Reporting Accountant to join their dynamic team and help drive their financial reporting processes to new heights!Known for being a leading investment management firm, our client is dedicated to delivering exceptional results for...

  • Financial Manager

    4 weeks ago


    Johannesburg, South Africa Communicate Recruitment Full time

    Qualifications: Complete BCom Accounting with complete articles (SAICA/SAIPA)Currently studying towards CIMASkills:Advanced Excel essentialMicrosoft DynamicsPower BI Job description:Responsible for the annual budget process, working with relevant cost center budget owners to create a realistic operational expense budget, determine the best investment...

  • Financial Manager

    3 weeks ago


    Johannesburg, South Africa Communicate Recruitment Full time

    Qualifications: Complete BCom Accounting with complete articles (SAICA/SAIPA) Currently studying towards CIMA Skills: Advanced Excel essential Microsoft Dynamics Power BI Job description: Responsible for the annual budget process, working with relevant cost center budget owners to create a realistic operational expense budget, determine the best...

  • Financial Manager

    4 weeks ago


    Johannesburg, South Africa Adzuna ZA B C2 Full time

    Qualifications: Complete BCom Accounting with complete articles (SAICA/SAIPA)Currently studying towards CIMASkills:Advanced Excel essentialMicrosoft DynamicsPower BI Job description:Responsible for the annual budget process, working with relevant cost center budget owners to create a realistic operational expense budget, determine the best investment for the...

  • Reporting Manager

    4 weeks ago


    Sandton, South Africa SMART NETWORK Full time

    Financial background (beneficial) - Advanced Excel skills - Experience working on Power BI/Qlickview - SSIS, SSAS, SSRS - Knowledge of basic coding languages including: Python, C++, HTML5 and JavaScript - Basic programming experience - Exposure to API's and the implementation of them - The use of coding to connect to various sites or file hosting to automate...

  • Financial Manager

    1 week ago


    Johannesburg, South Africa The Working Earth Full time

    Qualifications: Complete BCom Accounting with complete articles (SAICA/SAIPA)Currently studying towards CIMASkills:Advanced Excel essentialMicrosoft DynamicsPower BI Job description:Responsible for the annual budget process, working with relevant cost center budget owners to create a realistic operational expense budget, determine the best investment...

  • Financial Manager

    1 week ago


    Johannesburg, South Africa The Working Earth Full time

    Qualifications: Complete BCom Accounting with complete articles (SAICA/SAIPA) Currently studying towards CIMA Skills: Advanced Excel essential Microsoft Dynamics Power BI Job description: Responsible for the annual budget process, working with relevant cost center budget owners to create a realistic operational expense budget, determine the best...

  • Financial Manager

    1 week ago


    Johannesburg, South Africa Adzuna ZA B C2 Full time

    Qualifications: Complete BCom Accounting with complete articles (SAICA/SAIPA)Currently studying towards CIMASkills:Advanced Excel essentialMicrosoft DynamicsPower BI Job description:Responsible for the annual budget process, working with relevant cost center budget owners to create a realistic operational expense budget, determine the best investment for the...