Job Location : Gauteng, Johannesburg Deadline : July 24, 2025 Quick Recommended Links
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PRIMARY PURPOSE
- Accountable for managing the financial control function within Bidvest Bank and subsidiaries.
- Includes the development of a financial and operational strategy, metrics tied to the strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
OPERATIONAL EXCELLENCE
- Lead and direct all functions of the Bank’s financial control department, including finance operations, financial & statutory reporting, tax and vat, debtors and creditors
- Lead and direct all functions of the Bank’s related financial processes, policies and procedures
- Oversee implementation and management of Key Financial controls across all functions across the Bank
- Manage year end audit process including Bidvest Group financial year packs and Bidvest Bank and related subsidiaries Annual Financial Statements within regulatory timelines
- Manage all Bidvest Group finance related matters for Bidvest Bank and all Bank related entities
- Identify and implement opportunities to improve current financial processes (innovation, automation and efficiencies)
- Lead and direct Bank wide Cort saving initiatives in line with continued targets of reducing the Bank’s cost to income ratio annually
- Assist CFO with any Controls, accounting, IT systems projects and financial matters as required
- Technical financial accounting and structuring on any Bank and Bank related corporate finance matters
- Member of Finance Manco Committee
CUSTOMER CENTRICITY
Daily Operations
- Advise on market best practice for all Financial Control functions and implement operational best practices
- Monitor the implementation of strategic objectives
- Take initiative for problem solving and have a solution driven mindset
- Maintain strong and positive interpersonal relationships with internal departments and external parties
- Act in the best interest of the Bank at all times
- Ensure delivery of functions are met within all prescribed and regulatory timelines
- Manage strong relationships with the Bank’s Executive Committee and management
GOVERNANCE
- Maintain a strong financial control environment with best practice processes and controls
- Address internal / external audit matters timeously and implement controls to prevent future occurrence of findings. Continued target of only low risk findings.
- Identify and communicate potential risks and relevant risks mitigating controls to be implemented
- Lead and direct all financial operational risk matters in the Bank
- Attendee at the Bank’s audit committee with participation into financial matters as required
- Attendee at the Bank’s Senior Credit Committee and ALCO (as required)
LEARNING, GROWTH & CULTURE
- Living the Bank’s values (Respect and Honesty, Innovation, Transparency and accountability, Integrity, Excellence) consistently
- Lead and drive a positive and energetic environment within the financial control and procurement teams, as well as contribute to overall positive culture across all other areas of finance
- Drive own personal and career development
- Arrange training and development exposure in line with identified development areas of employees and encourage employees to take ownership of professional development
- Identify future finance and procurement skill requirements to enhance efficiencies across departments
- Coaching and mentoring of staff
REQUIREMENTS QUALIFICATIONS AND EXPERIENCE
- Qualification : CA(SA)
- Experience : 5 years in a similar capacity managing the entire function / 5 – 8 years within the industry, experience in an auditing firm is ideal
KNOWLEDGE, SKILLS AND ABILITIES REQUIRED
- Knowledge and understanding of the complexities involved in Financial Control, Statutory reporting, technical accounting, Procurement and Taxation within the Bank
- Expert knowledge – Tax Legislation, Principles and Accounting SA Governing Bodies and Reporting Structures as well as Reporting Framework and timelines
- Internal policies and procedures
- Ability to operate effectively under pressure
- Integrity
- Management and leadership skills
- Knowledge and understanding of banking products and source system to GL reconciliations
- Experience with managing year end external audit and internal audit engagements
- Experience in Banking within a Financial Control environment
WORKING CONDITIONS
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