Specialist AC Process Executor – ABSA Regional Office (ARO)

Absa Group; Johannesburg; On-site; ZAR 500,000 - 750,000; Full time

Job summary

A leading financial institution in Johannesburg seeks a candidate to manage the execution of accounting control processes. The ideal candidate should have relevant experience in financial management and a B degree in a related field or CA. The role includes financial information management, support for accounting issues, and continuous process improvement, alongside team dynamics management.

Qualifications

• 4-6 years relevant experience for non-CA candidates.
• 1-2 years post-qualification experience for CA candidates.
• Business experience in a Banking environment.

Responsibilities

• Manage financial information completion processes.
• Support SME on accounting issues and process improvements.
• Execute designed accounting processes and suggest improvements.

Skills

Financial analysis

Reconciliation

Process improvement

Team dynamics management

Education

B degree/similar qualification in a financial discipline

CA(SA)

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

To deliver Accounting Control process execution services.

Job Description

Manage financial information completion process (60%)

• Act as a process executor for completion of financial information, including the accountability for the following key processes:
• Journals and month-end close
• Reconciliation
• Completion of Supplementary information
• Interdiv and Elimination
• Tax
• Accounting Functions

Support to Subject Matter Expert (SME) on processes, resolution of issues and ad hoc requests from stakeholders including:

• Cluster Financial Controller
• Cluster CFO/BP&A team members
• Other Financial Control functions

Support SME on obtaining TAG opinions and ad hoc queries on accounting issues:

• Act as the process executor for implementation of new standardized processes where relevant;
• Provide feedback to stakeholders on results reflected in the financial accounting system, as well as issues identified where there are potential risks to numbers;
• Act pro-actively in correcting issues and implement a sustainable process;
• Ensure that principles of the Financial Control Operating Model are complied with and sustained.
• Maintain and enhance processes
• Identify areas of improvement in completion, review and or submission processes to drive and implement a sustainable and effective process in support of quality and accuracy.
• Identify synergies between different reporting processes and implement new and or enhanced processes.

Provide support to other process executors through motivation and employee engagement (20%)

• Understanding and managing team dynamics to maximize performance;
• Escalate issues around allocation of resources to process architects tasks to ensure delivery of team objectives;
• Ensure continued development of resources, through coaching and mentoring, to empower value added delivery of tasks.

Process Execution (20%)

• Execution of processes as designed;
• Constantly review, improve and maintain own activities to enhance the effectiveness and efficiency of processes;
• Recommend areas for improvement in order to reduce cycle times, improve productivity, create capacity and improve process reliability and customer satisfaction;
• Assist in the implementation of new and/or enhanced processes;
• Identify activity-specific risks and work with Process Owner / Process Architect to mitigate risks;
• Maintain awareness of own activities and the impact thereof on related / interdependent activities.

Education and Experience Required:

• B degree/similar qualification in a financial/related discipline or CA(SA);
• Non CA: 4-6 years relevant experience / CA : 1 to 2 years PQE experience;
• Business experience in a Banking environment gained from a Finance, Product.

Education

Bachelors Degree and Professional Qualifications: 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