Specialist Ac Process Executor

4 weeks ago

Johannesburg, South Africa Absa Bank Limited 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

To deliver AC process execution services

**Job Description**:
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 Journals and month-end close

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 Financial Controller

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 pro-actively 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 areas of improvement in completion, review and or submission processes to drive and implement a sustainable and effective process in support of quality and accuracy.

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 activity-specific 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 Communication Skills;
- Good understanding and experience in implementing automated solutions;
- Technical knowledge around IFRS 9 and accounting standards relevant to the banking industry will be beneficial.

Education and Experience Required
- B degree/similar qualification in a financial/related discipline or CA(SA);
- Non CA: 4-6 years relevant experience / CA : 1 to 2 years PQE experience;
- Business experience in a Banking environment gained from a Finance, Product.

Competencies:

- Deciding and initiating action
- Entrepreneurial and commercial thinking
- Relating and networking
- Adapting and responding to change
- Persuading and influencing
- Creating and highly innovating

Education

Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

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