Officer Product Control

absa; Pretoria; On-site; ZAR 180,000 - 260,000; Full time

Job summary

Absa Bank Limited is seeking a detail-oriented GL & Reconciliation Clerk to balance general ledger and suspense accounts, clear items weekly, and prepare journals for clearance. The role involves daily and monthly recons, month-end recons, and ensuring sign-off by the Manager.

You will attach source reports, resolve queries via phone or email, identify trends, and assist with data integrity across CAMS and Millennium systems.

Qualifications

• NQF level 4 or Grade 12 equivalent.
• Experience in similar role (12 months) and English speaking.
• Knowledge of accounting principles.
• Familiarity with CAMS and Millenium systems.

Responsibilities

• Balance general ledger accounts and suspense items.
• Prepare daily and monthly recons and month-end recons.
• Attach source system reports for approvals and maintain documentation.
• Respond to queries via telephone or email and escalate issues.
• Identify trends and propose process improvements.

Skills

Telephone skills

Microsoft Excel

Microsoft Word

Verbal and written communication

Interpersonal skills

Time management

Team collaboration

Education

Grade 12

Higher Certificates/Advanced National Certificates (Business/Commerce/Management)

Tools

Millenium

CAMS product

EOS listings

GL interfaces

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 purpose of this role is to balance the general ledger, suspense accounts. To ensure that all items are cleared on a weekly basis. To prepare journals to clear items where needed. To prepare daily and monthly recons. To prepare and print month end recons to be reviewed and signed by Manager.

Job Description

• Finance processes and support function
• Product Control Visibility
• Balance general ledger accounts
• Access the millennium system and draw enquiries and compare to source reports or information
• To present outstanding items that cannot be resolved as a write off (debits) or Cams Diff (Credits). Compare to GL write off account.
• To have no outstanding credit items older than three months. Compare to specific GL account.
• To have no outstanding debit items older than a week without an incident report. Compare to specific GL account
• To attached documentation on month end recons for approval purposes
• Assist with all queries received via telephone or e-mail
• Identify trends in nature of queries by implementing procedures to correct root of problem and forward these to the management.
• Build relations with the users to assist in resolving queries by meeting with them
• Raise balancing out of balance Incidents with the Technical teams
• Prepare daily and monthly reconciliation
• To prepare a daily and monthly recon on excel
• Daily save all relevant recons on server
• To ensure that month end reconciliations are done and signed by the 5th working day of any month
• Attached relevant source system reports for approval purposes
• To adhere to daily SLA's (Service Level agreement) with stakeholders
• Financial Control - Partnership
• Adhere to RCSA - Risk & Control self-assessment & AO&R policies - Account Ownership & Reconciliation
• To ensure that transactions are processed within SLA's (service level agreement) as per RCSA (Risk & Control self-assessment) requirement where applicable. No audit findings during any audit.
• To ensure that work standards always adhere TO AO&R (Account Ownership & Reconciliation) policy standards. No audit finding during any audit.
• To ensure compliance to RCSA (Risk & Control self-assessment) requirements. No audit findings during any audit
• Process Optimization
• New suggestions or reported items
• To report any mistakes made during any situation to management as needed
• To elevate any out of the ordinary / red flag situations to management
• To forward any suggestions for improvement/cost savings to management when you became aware of such possibilities
• To ensure that any ad-hoc tasks are performed according to standards applicable

Role / Person Specification

• NQF level 4 : Grade 12
• English speaking
• 12 months experience in similar role
• Telephone skills
• Knowledge of accounting principles
• CAMS product
• Millenium
• EOS listings
• Interfaces between CAMS and GL
• Microsoft Excel
• Microsoft Word
• Good verbal and written communication skills
• Good interpersonal skills
• Personal organisation and time management
• Ability to work alone as well as in a team

This role requires that you are versatile in all of the above functions. It does not require all functions everyday but as and when the need requires. The department is structured in such a way that support exists for each function requiredAutomation of this function is planned forArea is not paper driven and requires save all work-related information, save all recons on server and always take responsibility for filing and security of informationArea is process driven not allowing any deviation from policyLiaise with team mates to ensure consistency in team and communicate any red flag situations to team, leader and Manager.Ensure processes are transparent with other areas they work with and that solutions are communicated for problems experienced in the areaCommunicate with customer care & stakeholders on process changesInform of business requirement and make sure turnaround times are communicated

Education

Higher Certificates and Advanced National (Vocational) Certificates: Business, Commerce and Management Studies (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