Controller Product

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

Job summary

A leading African bank in Sandton is seeking a Product Control professional responsible for P&L reporting and ensuring balance sheet accuracy. You will engage with key stakeholders and oversee the control environment while contributing to strategic initiatives. Candidates are required to possess a Higher Diploma in Financial Sciences. This position offers a unique chance to be part of a dynamic team focused on shaping the bank's future and enhancing efficiency in financial processes.

Responsibilities

• Manage P&L reporting and balance sheet substantiation.
• Ensure alignment with regulatory reporting.
• Oversee data ownership and control environment.

Education

Higher Diplomas in Financial Sciences

Job description

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

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 send 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 on-going 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.