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Executor Ac Process
2 weeks ago
- 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.
To prepare financial information for all stakeholders of the business for informed decision making and to support the business.
Job Description:
Key Accountabilities
Accountability:
Manage financial information completion process (60%)
- Act as a process executor for completion of financial information, including the accountability for the following key processes:
o Reconciliation
o Completion of Supplementary information
o Interdiv and Elimination
o Tax
o Accounting Functions
- Support to Subject Matter Expert (SME) on processes, resolution of issues and ad hoc requests from stakeholders including:
o Cluster CFO/BP&A team members
o 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 proactively 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
o 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%)
- 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.
Accountability:
Process Execution (20%)
- 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 activityspecific risks and work with Process Owner / Process Architect to mitigate risks
- Maintain awareness of own activities and the impact thereof on related / interdependent activities
Knowledge & Skills:
- 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
Education and Experience Required:
- B degree/similar qualification in a financial/related discipline or CA(SA)
- Non CA: 46 years relevant experience /
CA :
1 to 4 years PQE experience
- Business experience in a Banking environment gained from a Finance, Product
- Experience in SAP and Millennium
Competencies:
- Deciding and initiating action
- Entrepreneurial and commercial thinking
- Relating and networking
- Adapting and responding to change
- Persuading and influencing
- Creating and highly innovating
Bachelor's Degrees and Advanced Diplomas:
Financial Sciences (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_
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