Product Controller

2 weeks ago

Johannesburg, Gauteng, South Africa FirstRand Full time
About us, purpose, experience and qualifications

about us:

purpose:

  • To implement appropriate financial controls in assisting to reach compliance in accounting processes and regulatory requirements through preparation and verification of daily and monthly Profit and Loss contributing to a sound control environment

experience and qualifications:

  • Diploma in Finance, Accounting, Economics, or equivalent field Preferred qualification:
  • Bachelor's Degree in Finance, Economics, Accounting, or related field Experience:
  • 1 to 3 years' experience in a similar environment
    additional requirements:

responsibilities:

  • Demonstrate cost consciousness and awareness of personal contribution to costs and productivity
  • Identify and escalates potential risks that may lead to increased costs
  • Prevent wastage and identify process improvements to contain and reduce costs
  • Adhere to Organisational values and service standards and interact with and communicate with customers accordingly
  • Ensure first time resolution of customer queries or complaints and take ownership of any requirements and follow up on queries handed over to other parties or areas to ensure delivery on agreed timelines and Service Level Agreements
  • Meet set turnaround times while ensuring own availability, reliability and accuracy
  • Propose improvements on internal processes that impacts service levels and customer satisfaction within area of accountability
  • Ensure own product knowledge and guidance provided is technically accurate and collects feedback to help improve customer service
  • Understand the business of the desk to provide commentary on profit or loss movements on a daily and monthly basis
  • Analyse, report, and provide commentary on daily Profit and Loss (PnL) movements under supervision Engage in investigation or escalate variances as directed
  • Adhere to all stipulated financial controls, processes, and procedures
  • Collaborate with senior team members in liaising with operations and support teams in issue resolution
  • Take into consideration the PnL impact of trades and the interaction of the trading and finance systems, especially regarding new trades Prepare returns and ensures reconciliation of payments, market risk and profit and loss for journal entries to the general ledger
  • Execute own work in accordance with the organisational values and code of ethics
  • Comply with and adhere to identified governance and compliance standards and escalate problems for investigation and resolution Identify and escalate risk as normal part of work
  • Provide timeous reports on operations, performance and audit findings Report on transactional activity progression within set guidelines to provide timely information for decision making in area of accountability
  • Value individual contributions and respects diversity in the team Share information and knowledge that benefits the team
  • Seek out regular performance feedback and put actions in place to improve and enhance performance Identify activities to address own development gaps
  • Create own personal development plan and review plan with team leader or manager
  • Understand which competencies and skills are required to be mastered to ensure personal development and performance Keep abreast of learning opportunities, changing products and trends

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