Senior Specialist: Transaction Accountant

1001 Absa Bank; Sandton; On-site; ZAR 900,000 - 1,200,000; Full time

Job summary

Absa Bank in Sandton, South Africa, is seeking a Transaction Accountant to join the Active Portfolio Management team. You will ensure transactions are financially sound and properly reflected from accounting and reporting perspectives, supporting portfolio optimization initiatives such as sales, securitisations and other structured transactions.

The ideal candidate holds a CA(SA) with at least 5 years of financial services experience and strong financial modelling, analytical skills, and

Qualifications

• CA(SA). Minimum 5 years experience in financial services, treasury or related environments.

Responsibilities

• Assess the financial and accounting implications of structured finance transactions.
• Support transaction execution and implementation activities.
• Engage with Finance, Technical Accounting, Treasury and operational stakeholders.
• Contribute to reporting, analysis and governance requirements.
• Support the review of transaction performance and risks.
• Assist with the development of structuring and transaction management capabilities.

Skills

Financial modelling

Analytical skills

Stakeholder engagement

Education

Postgraduate degree 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.

Belonging at Absa Absa is committed to creating an inclusive workplace where everyone can thrive. We are an equal opportunity employer and welcome applications from suitably qualified individuals from diverse backgrounds. In support of our Diversity, Equity, Inclusion and Belonging (DEIB) commitments and Employment Equity objectives, preference may be given to candidates from underrepresented designated groups, including persons with disabilities. We encourage applicants who may require reasonable accommodation during the recruitment process to let us know so that appropriate support can be provided.

Job Summary

The Transaction Accountant forms part of the Active Portfolio Management team within PPB and supports the execution of portfolio optimisation initiatives, including portfolio sales, securitisations and other structured transactions. The role helps ensure transactions are financially sound, operationally practical and appropriately reflected from an accounting and reporting perspective.

Job Description

Key Responsibilities

• Assess the financial and accounting implications of structured finance transactions.
• Support transaction execution and implementation activities.
• Engage with Finance, Technical Accounting, Treasury and operational stakeholders.
• Contribute to reporting, analysis and governance requirements.
• Support the review of transaction performance and risks.
• Assist with the development of structuring and transaction management capabilities.

Qualifications & Experience

CA(SA). Experience in financial services, finance, corporate finance, treasury or related environments would be advantageous. Must have a minimum of 5 years financial services experience

What We're Looking For

• Strong financial modelling and analytical skills.
• Ability to understand complex technical concepts and communicate them clearly.
• Strong attention to detail.
• Good stakeholder engagement skills.
• Commercial mindset and willingness to learn.

Education

• Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

At Absa, our story is not a single narrative. It’s thousands of individual journeys unfolding across Africa and beyond. From colleagues serving customers in local communities to teams shaping financial solutions across borders, Absa is built on people who bring their lived experiences, ambitions and perspectives into the workplace every day. Whether you’re starting your career, a seasoned leader or somewhere in between, your contribution is seen, valued and connected to something bigger. Our presence across Africa – which spans personal and business banking, corporate and investment banking, wealth and investment management, and insurance – exists because of the people who show up in their roles with purpose. Across Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda and Zambia, our colleagues are shaping what Absa becomes in each market. Beyond the continent, teams in global offices and a technology hub support and extend the stories that prove that African talent can lead, influence and innovate on the global stage. At Absa, your story matters because progress is driven by human experience, not hierarchy. When people are enabled to bring their whole selves to work, they don’t just build careers. They help shape the future of Africa’s financial services landscape.