Controller Product

Absa Group; Johannesburg; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading financial institution in Johannesburg is seeking a professional for Product Control responsibilities. The role includes P&L reporting, balance sheet substantiation, and ensuring data accuracy. Candidates must hold a Higher Diploma in Financial Sciences. This position involves significant interaction with key stakeholders and oversight of the control environment, contributing towards strategic initiatives.

Qualifications

• Experience in P&L reporting and balance sheet substantiation is critical.
• Strong understanding of regulatory reporting and compliance is needed.
• Ability to oversee the control environment and ensure data accuracy.

Responsibilities

• Ensure accurate and timely P&L reporting.
• Substantiate the trading balance sheet.
• Oversee the control environment within the business.

Skills

P&L reporting

Balance sheet substantiation

Interaction with key stakeholders

Regulatory reporting

Control environment oversight

Education

Higher Diplomas in Financial Sciences

Job description

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

Job Summary

The overall responsibility of Product Control includes P&L reporting, balance sheet substantiation, and/or responsibility for process ownership within an asset class, and/or involvement in broader, floor wide Product Control initiatives.

Job Description

Reporting & Substantiation related responsibilities include:

• Accounting – posting to the General Ledger accurate and timely information
• Substantiation of the trading balance sheet – ensuring the full trading balance sheet can be substantiated
• Regulatory reporting alignment - ensuring the Balance sheet is aligned to reports sent to regulators
• Data ownership – Ensuring the quality and accuracy of the data going downstream to other infrastructure areas
• Control environment – Overseeing the control environment in which the business operates
• P&L review – understanding and providing commentary on the P&L
• In the process of production focus is needed on:
• Reporting – Ensuring reporting is accurate and timely
• Control – Continue to implement the ongoing control environment and report any deficiencies or issues to managers

Critical to your responsibilities:

• P&L reporting and BS substantiation
• Interaction with key stakeholders
• Process Owner
• Strategic and/or Project and/or Change related Initiatives

Education

Higher Diplomas: Financial Sciences (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.