Head of External Reporting

7 days ago

Sandton, 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

As the Head of External Reporting, you will own the end-to-end process of Group financial reporting, ensuring compliance with IFRS and regulatory requirements while driving efficiency, accuracy, and innovation. This role is pivotal in shortening the time to complete financial statements by implementing data-driven disclosures—where information flows directly from governed systems with mínimal manual intervention. You will also maintain and continuously challenge process documentation to ensure alignment with Financial Control’s operating model and embed a culture of continuous improvement..

Job Description

1. External Reporting & Compliance
- Lead the preparation and sign-off of annual and interim financial statements, SENS announcements, and the financial results booklet in compliance with IFRS, JSE, Companies Act and other requirements.
- Ensure accuracy, completeness, and confidentiality of all published financial information.

2. Data-Driven Disclosures & Automation
- Implement a zero-touch disclosure model, automating financial statement notes directly from governed system data.
- Drive integration of disclosure management tools with ERP platforms and establish exception-based workflows with full audit trails.

3. Process Governance & Continuous Improvement
- Maintain and continuously review end-to-end process documentation, ensuring alignment with Financial Control’s operating model.
- Challenge and improve processes for efficiency, accuracy, and compliance, leveraging automation and best practices.

4. Governance & Control of Financial Structures
- Oversee and approve the creation of General Ledger accounts, Exco codes, and reporting structures, ensuring strict governance and preventing unnecessary proliferation.
- Maintain tight controls over GL structures to safeguard reporting integrity and alignment with the operating model.

5. Leadership & Capability Development
- Build and lead a high-performing team of financial specialists and data-driven reporting experts.
- Drive talent development, succession planning, and a culture of accountability, innovation, and continuous improvement.

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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