Corporate Financial Manager
1 week ago
Job Overview
Bidvest Bank Limited is looking for a highly skilled Corporate Financial Manager to join our team. This role will be responsible for assisting in leading the execution of financial control strategic objectives and oversight of financial control and compliance with International Financial Reporting Standards (IFRS).
Key Responsibilities
- Financial Management: Prepare and process month-end journals, review and improve the month-end process, prepare and review budgets for Bank-related entities.
- Data Analysis: Review reconciliations between data used for IFRS 9 credit models and statutory data, ensure alignment and adherence to IFRS 9 requirements.
- Reporting: Prepare consolidated management accounts as per regulatory reporting requirements, IFRS Reporting disclosures and ensure alignment with industry standards, prepare statutory financial statements for the Bank and Bank-related entities.
- Budgeting and Forecasting: Create and manage budgets, use forecasting tools to project future financial performance.
- Accounting: Knowledge of accounting principles and practices, including GAAP and IFRS, apply them to financial reporting and analysis.
- Digital Financial Management: Proficiency in data analytics, data visualization, and financial management software, understanding of emerging technologies like blockchain and artificial intelligence, use data analytics tools to analyze financial data and generate insights.
- Risk Management: Assess and manage financial risks, such as credit risk, market risk, and operational risk.
- Regulatory Compliance: Understanding of financial regulations and compliance requirements, ensure the bank meets these requirements.
Requirements
- Qualifications: Bachelor's degree in finance, accounting, or a related field, advanced degrees such as a professional qualification like Chartered Accountant (CA) (SA) or Chartered Institute of Management Accountants (CIMA).
- Experience: 5 years' previous experience in banking or a similar role, thorough understanding of operations in a bank with 6+ years' experience in a similar industry and role.
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