Balance Sheet Controller

Absa Group; Johannesburg; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Absa Group, a leading financial services company in South Africa, is seeking a skilled individual to ensure the integrity of the Balance Sheet while managing financial reporting risks. This role offers the opportunity to engage with financial data analysis tools, support management decisions, and lead a dedicated team.

Qualifications

• Minimum 4 years post-qualification experience in finance.
• Preferably experience in a financial institution.
• Management experience is advantageous.

Responsibilities

• Ensure robust Financial Reporting Risk governance.
• Perform monthly analytical reviews of the Balance Sheet.
• Engage with external auditors regarding Financial Reporting Risks.

Skills

Financial data analysis

Team management

Effective communication

Analytical skills

Leadership

Education

CA(SA) qualification

Postgraduate qualifications in Financial Sciences

Tools

Financial reporting systems

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and a strong position 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

This role involves completing processes that ensure the integrity of the Balance Sheet, identifying, evaluating, and reporting risk items to enable management to make informed decisions. Part of this includes providing commentary on Balance Sheet movements for regulators and in briefing notes on external results.

Job Description

Key Accountabilities

• Coordinate External Financial Reporting Risk (FRR) and own the Balance Sheet Attestation Tool (e.g., Consigno) across the Group.
• Ensure robust FRR governance, including review and consolidation of information for management reports across all clusters and entities.
• Perform monthly analytical reviews and variance analysis of the Balance Sheet, engaging with business units for insights.
• Support the Business Unit owner for Consigno and other attestation processes, monitor system performance, and coordinate remedial actions.
• Provide management with accurate information and high-quality commentary for risk assessments and reporting.
• Produce management information packs and presentations for risk committees.
• Monitor and communicate Key Risk Indicators (KRIs) related to financial reporting risks and controls.
• Engage with external auditors regarding Financial Reporting Risks.

Coordinate Monthly, Quarterly, and Annual Balance Sheet Commentary

• Gather and articulate commentary on Balance Sheet movements for internal and regulatory reporting.

Understand Financial Reporting Processes, Systems, and Controls

• Develop knowledge of financial reporting systems and policies across the Group.
• Support compliance and risk management frameworks.

Provide Team Support and Drive Process Improvements

• Motivate and engage team members, manage resource allocation, and develop capabilities.
• Ensure process alignment with organizational strategy, implement improvements, and drive efficiencies.

Role/Person Specification

Knowledge & Skills

• Proficiency in financial data analysis tools.
• Team management experience.
• Strong academic record.
• Understanding of financial reporting and controls.
• Ability to identify control gaps and write effective reports.

Education and Experience

• CA(SA) qualification.
• At least 4 years post-qualification experience in finance, preferably in a financial institution.
• Management experience is advantageous.

Competencies

• Persuading, influencing, and effective communication.
• Leadership and change management.
• Analytical and technical skills.
• Integrity, resourcefulness, and adaptability.

Education

Postgraduate qualifications in Financial Sciences are required.

Absa Bank Limited is an equal opportunity employer, committed to diversity and inclusion. We reserve the right to not make an appointment to the advertised position.

About the company

Absa Group Limited, formerly Amalgamated Banks of South Africa, is a South African-based financial services group offering a range of banking and financial services.

Notice

We are an equal opportunity employer. Qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Reasonable accommodations are available for applicants with disabilities. For assistance, contact [e-mail] or call 407-000-0000. Applicants must complete Form I-9 and present proof of identity and work eligibility. An Automated Employment Decision Tool (AEDT) will assess skills and responses. For more details, visit www.talentify.io/bias-audit-report. NYC applicants may request alternative processes at [e-mail] or 407-000-0000.