Senior Specialist Accounting Control (Tax)

Absa Group Limited; South Africa; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading financial institution in South Africa seeks an experienced Accounting Control professional to manage end-to-end financial processes, ensuring quality tax reporting and compliance. This role requires strong stakeholder management and leadership skills, with at least 5-6 years of relevant experience, including a minimum of 3 years in a management position. Candidates should have an accounting degree and CA SA certification. The position offers a dynamic work environment focused on innovation and process improvement.

Qualifications

• Minimum of 5-6 years post articles experience with at least 3 years in a leadership position.
• Experience in managing financial statement and disclosure processes.
• Understanding of control environments and monitoring experience.

Responsibilities

• Manage the end-to-end process across clusters ensuring alignment with strategy.
• Drive innovation and efficiency in accounting control processes.
• Lead a team to deliver high quality outputs.

Skills

IFRS, accounting and reporting

Proven senior stakeholder management

SAP or similar ERP system

Basic understanding of accounting data flows

Problem solving

Interpersonal skills

Management and leadership

Education

Honours/Masters degree in Accounting (NQF level 7)

CA SA

Tools

SAP

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

Accounting Control owns the processes that enable sustainable, accurate and time‑accurate financial information in support of reporting to external and internal stakeholders. The individual will oversee the process execution that enables sustainable, accurate and time‑accurate completion of tax calculations and reporting to all necessary recipients. To ensure a sound control environment and work closely with other areas of finance to adequately manage risk. The team is very specialised in terms of skill and plays an important role for the reporting to tax regulators.

Job Description

High Level Role Overview

Accounting Control owns the processes that enables sustainable, accurate and time‑accurate financial information in support of reporting to external and internal stakeholders.

The individual will oversee the process execution that enables sustainable, accurate and time‑accurate completion of tax calculations and reporting to be reported to all necessary recipients. To ensure a sound Control Environment and work closely with other areas of finance to adequately manage risk. The team is very specialised in terms of skill and plays an important for the reporting to tax Regulators.

Key responsibilities

Accountability: Managing end to end process across clusters (70%)

• Ensure alignment of process with organisational strategy; take accountability for relevant processes within area of responsibility and ensure delivery and maintenance of standardised processes and controls;
• Owner of the end‑to‑end business process including defining the goals, objectives and KPI's, and performance management thereof;
• Plan, implement and develop operating procedures for relevant area and updating process documentation;
• Agree hand‑ins and hand‑offs with other process owners across FC;
• Constantly review and improve processes (automation included) drive and implement a sustainable and effective process in support of quality and accuracy;
• Drive sustainable cost and processing efficiencies through continuous innovation, industry benchmarking and alignment to best practices;
• Act as escalation and decision point for operational decisions related to specific process, including issue resolution;
• Ensure cluster SMEs are aware of any issues in BAU process;
• Ownership of accounting control responsibilities for key FC initiatives that impact process;
• Work with Absa Group Tax to ensure all tax requirements are adequately recorded in the ledger.
• Management of relevant executors of processes within ambit of control including co‑ordination and management of capability and performance;
• Change Management including facilitating change in process within scope of deliverables;
• Identify process‑specific risks and work with Process Architect to mitigate risks;

Accountability: Lead a team of individuals to drive performance through motivation and employee engagement (30%)

• Act as the process lead for Accounting Control Tax;
• Manage effective delivery of outputs to ensure high quality and efficient process.
• Work with process owners to unpack and redesign processes to obtain optimal efficiency in Accounting Control and Financial Control;
• Oversee execution and review of AC processes;
• Resolve issues and attend meetings related to process;
• Represent accounting control on operations committee for projects related to process;
• Support head of Accounting Control with strategic view for the function;

Knowledge & Skills

• IFRS, accounting and reporting
• Proven senior stakeholder management
• SAP or similar ERP system
• Basic understanding of accounting data flows
• Problem solving
• Interpersonal skills
• Management and leadership

Education and experience

• Honours/Masters‑degree in (Accounting) (NQF level 7);
• CA SA
• Previous experience in a tax role will be beneficial
• Experience managing financial statement and disclosure processes and process improvement;
• Control environment understanding and monitoring experience;
• Previous people management experience will be beneficial;
• 5‑6-year post articles with a minimum of 3 years' experience in leadership or management position;

Competencies:

• Deciding and initiating action
• Agile and organized
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating
• Proactive and confident

Education

Postgraduate Degrees and Professional Qualifications: 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.