Process Owner Lead

2 weeks ago

Johannesburg, Gauteng, South Africa Absa Bank Limited Full time
Empowering Africa's tomorrow, together one story at a time.

  • 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


To oversee the process execution that enables sustainable, accurate and timeous Group financial information to be reported to all necessary recipients (both internal and external) for example South African Reserve Bank (SARB), external markets (JSE) and Analysts.

Processes Regulatory Production, AFS PCG and Recons.

Job Description:

Key Accountabilities

Accountability:
Stakeholder management

  • Design, manage and solve issues in the AFS Group PCG team.
  • Manage the Regulatory Production in Accounting Control. Design and implement efficiencies.
  • Manage the Reconciliations production in Accounting Control focusing on control environment and process efficiency and automation
  • Support Head of Accounting Control for all necessary requirements.
  • Manage all key relationships in support of internal and external group audits, provide feedback on any queries raised.
  • Support Financial Controllers and other areas of FC in managing and resolving issues in relevant Accounting Control processes.

Accountability:
Process and operating model design

  • Act as the process lead for Group financial accounting and reporting, including AFS PCG, Reconciliation and Regulatory reporting.
  • Manage effective delivery of outputs to ensure high quality and efficient process,.
  • Work with process owners to unpack and redesign processes to obtain optimal efficiency in Accounting Control and Financial Control.
  • Oversee execution and review of AC processes
  • Resolve issues and attend meetings related to process
  • Represent accounting control on operations committee for projects related to process
  • Support head of Accounting Control with strategic view for the function

Accountability:
Functional leadership and development

  • Lead a team of financial specialists to achieve excellent operational results through continuous people development and mentoring activities.
  • With the support from the HR Business Partner, interview and recruit direct reports. Second interview subsubordinates where necessary.
  • Approve leave requests for direct reports and ensure that the team manage the leave effectively.
  • Motivate employees in the department and ensure that their efforts are recognised.
  • Manage resource requirements and motivate additional requirements where needed.
  • Manage training requirements of team members.
Role/Person Specification

Knowledge and Skills

  • IFRS, accounting and reporting
  • Coaching
  • SAP or similar ERP system
  • Problem solving
  • Interpersonal skills
  • Management and leadership
Education and Experience

  • Honours/Mastersdegree in (Accounting) (NQF level 7);
  • CA SA/CIMA;
  • Experience managing large processes and process improvement
  • Control environment monitoring experience
  • Previous people management experience;
  • Minimum of 7 years' experience management of a large team.
Competencies

  • Deciding and initiating action
  • Learning and researching
  • Entrepreneurial and commercial thinking
  • Relating and networking
  • Adapting and responding to change
  • Persuading and influencing
  • Creating and innovating
Education

Postgraduate Degrees and Professional Qualifications:
Financial Sciences (required)

  • Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

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