Financial Reporting Manager at Absa Group

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.

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Job Summary

Accounting and Reconciliation Management: Perform accounting-related tasks and reporting, ensure reconciliations are completed | Financial Governance, Reporting and Control Audit Support: Provide support to auditing activities

Job Description

Liaise with the FDS team to ensure that all product and segmental information is reported correctly

Responsible to ensure that all mapping and exco codes are correctly feeding into Analyst to ensure that we have no issues on consolidation into group

Responsible to ensure that all quarterly reporting on HFM or other relevant reporting platforms is done in within the given deadlines

Responsible for the reconciliation of intercompany balances and clearance of these on the new compass system

Preparation of statutory financial statements using fast financials or other applicable tools in good time to expected standard to facilitate early sign off of financial statements

Analytical review on both the income statement and balance sheet on a monthly basis which should form the basis of the commentary pack which is sent back to regional FC team

general tax compliance work – tax computations, PAYE, WHT, VAT , Excise duty and payment of Corporate tax installments

Responsible for performing tax due diligence in new product development and providing business functions with relevant tax advice

Alternate for the timely and accurate submission of all regulatory reports including but not limited to the monthly prudential return, BA 610, Basel II parallel run reports, quarterly publications

Regular review of the effectiveness of the process of preparation of statutory returns in order to minimise the risk of misreporting and ultimately the Bank being penalised

Manage the relationship with external auditors, AIA and Regional FC and responsible for the coordination of all finance reviews e.g external audit

Maintain close relations with the, Tax Authorities and the Central Bank and other applicable Regulatory Bodies

Manage Relationship with Functional and product head as well as the FDS team

Alternate to Financial controller at the cost board and this entails presenting a high quality deck to the committee and running the meeting to ensure the bank is on track to meet its cost targets

Education

Bachelors Degree and Professional Qualifications: Accounting (Required)

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