Officer : Finance

Absa Bank; Pretoria; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A prominent financial institution located in Pretoria seeks a Finance Officer responsible for processing financial transactions and preparing accurate financial reports. The ideal candidate will have the Further Education and Training Certificate (FETC) in Financial Sciences and proven skills in financial documentation and reconciliation. This full-time position promises a rewarding career path in a supportive team environment, offering a chance to impact the financial landscape significantly.

Qualifications

• Proven experience in financial transaction processing.
• Strong attention to detail and accuracy in reporting.
• Ability to manage multiple tasks and meet deadlines.

Responsibilities

• Process financial transactions accurately and timely.
• Prepare financial reports and ensure compliance with regulations.
• Maintain organized financial records and files.

Skills

Financial documentation management

Report preparation

Reconciliation skills

Customer service

Education

Further Education and Training Certificate (FETC): Financial Sciences

Job description

Officer: Finance page is loaded

Location: Pretoria | Time type: Full time | Posted on: Posted Today | Time left to apply: End Date: January 8, **** (8 days left to apply) | Job requisition id: R-********###

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

With over 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

To process financial transactions accurately and timeously through the execution of predefined objectives as per agreed standard operating procedures (SOPs).

Job Description

Financial & General Administration:

Attach supporting documentation, i.e. credit approval, authorisation & invoices, signed spreadsheet and make copies of all mentioned documentation for audit purposes.

Provide regular management information update, i.e. invoices paid to Line Manager.

Attend to queries within 24 hours with regards to incomplete documents, not signed documents etc. and escape to Line Manager in the event of non resolution.

Take ownership when dealing with customer requests, offer solutions and conclude complaint constructively.

Maintain financial files and records by safely and systemically storing source documents on files/system.

Address ad-hoc queries from internal and external stakeholders (e.g. Group Tax, Private Bank Management) by asking questions to ascertain customer needs and respond effectively, ensuring high quality work and meeting the required deadline.

Reporting & Compliance:

Prepare weekly/monthly/quarterly reports and report on variances.

Take accountability to ensure that accurate and timely financial reporting obligations are met for weekly/monthly reporting by accurately preparing reports, journals and reconciliations and working with the specified deadlines.

Prepare the Business Unit Procure to Purchase monthly report and follow up on discrepancies.

Liaise with Group Sourcing regarding any procurement/sourcing queries raised by cost centre management.

Assist in the preparation of the Annual Financial Statements for the SBU by collating and submitting information to the line manager.

Obtain and keep abreast with all technical and specialist knowledge such as changes to Companies Act, Tax and other standards and legislation applicable.

Prepare journal summaries for correct reporting in the financial statement.

Prepare Value Added Tax (VAT) pack monthly in accordance with applicable legislation, ensuring correctness of the packs and timeously submit the pack to Group Tax after review by Finance manager.

Comply with Risk Management principles and Model Risk Policy by understanding and keeping up‑to‑date with updates on these policies.

Keep up to date with changes in accounting standards (IFRS) and other regulatory requirements.

Prepare attestations for sign off by the Financial Manager, Chief Financial Officer and Managing Executive for submission to Group Regulatory reporting on a monthly basis.

Complete the section relating to recons when preparing the monthly Financial Director (FD) attestations indicating compliance with relevant legislation and Group requirements for all financial reporting activities.

Reconciliation & Budgeting:

Prepare monthly reconciliations for all accounts on the General Ledger Control Framework attaching valid supporting documents (e.g. signed off journals, general ledger printouts, etc.) for each recon (i.e. investigate transactions as required) in accordance with the Accounts and Reconciliation Policy (A&OR).

Reconcile the SBU's bank statement with the internal ledger accounts.

Reconcile Miscellaneous and other government services transactions.

Assist in preparation of the monthly/quarterly departmental budgets by collecting and preparing all the relevant information.

Conduct daily recons on control accounts and action any deviations found, for example when an incorrect GL Account has been debited and a recon has to be done to rectify it.

Resolve all unreconciled items from prior month and discuss any long outstanding items with the FMR.

Education

Further Education and Training Certificate (FETC): Financial Sciences (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer.

In compliance with the Employment Equity Act 55 of ****, 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.

#J-*****-Ljbffr