Junior Specialist Financial Accountant
Hileya Management Consulting
- R Undisclosed
- Contract Junior EE position
- Johannesburg Region
- Posted 03 May 2024 by Hileya Management Consulting
- Job 2566797
About the position
Coordination of External Financial Reporting Risk (FRR) and ownership of
the Balance Sheet Attestation Tool (i.e. Consigno) across the Group
process, including the review and consolidation of information
and the production of management information required for FC
attestation, AFRC and other forums (e.g. GLRS's) across all
clusters, countries and entities;
Balance sheet through performing monthly analytical review
and variance analysis and through discussions with business.
Provide output of analysis to stakeholders;
Financial Reporting attestation processes. This includes
monitoring of system performance, and coordination
of
remedial actions for system failures and other issues;
process owners for consideration before communication to
Finance Management on the assessment of FRR, ensuring
accurate and validity of information and high quality and
appropriate commentary;
resolution;
presentations to support the risk assessment of FRR to
relevant Risk Committees;
Indicators (KRI's) to monitor the level of financial reporting risk
and effectiveness of controls, to ensure that the Key Controls
are appropriately implemented and understood by stakeholders;
from the above;
Risk;
Coordination of Monthly, Quarterly and Annual commentary on Balance
Sheet movements
clusters to be used by senior stakeholders as part of the
briefing notes on Balance Sheet movements;
commentary to be suitable for commentary sent to the
Prudential Authority (PA)
raised on Balance Sheet movements in the regulatory returns
Understand of the Groups Financial Reporting processes,
systems, Controls, policies and frameworks
reporting systems and processes that operate across
businesses within Absa
Reporting policies and risk management frameworks in order to
assess compliance in relevant areas;
risk management frameworks;
conformance testing plans to support risk assessments; and
mitigation identified during Analytical review, GLRS's,
conformance testing or in the KRI process.
management frameworks
Provide support to other process executors through motivation and
employee engagement
maximise performance;
process architects tasks to ensure delivery of team objectives;
couching and mentoring, to empower value added delivery of
tasks.
Process Execution: Provide inputs and execution of quality control and
process improvements
strategy; take accountability for relevant processes within area
of responsibility and ensure delivery and maintenance of
standardized processes and controls
(automation included) to drive and implement a sustainable and
effective process in support of quality and accuracy
through continuous innovation, industry benchmarking and
alignment to best practices
cycle times, improve productivity, create capacity and improve
process reliability and customer satisfaction;
within ambit of control including coordination and management
of capability and performance
processes;
risks and work with Process
Owner / Process Architect to mitigate risks;
thereof on related / interdependent
activities;
system.
Desired Skills:
- CA
- Banking Experience
- CA(SA)
- Exceptional Academic Track Record
- Ability to use analytical review tools to analyze and interpret financial data.
- Understanding of financial reporting processes and related controls
- Ability to identify control gaps and weaknesses
- Ability to write concise effective reports
Desired Work Experience:
- Less than 1 year Banking
- 1 to 2 years Financial / Project Accounting
Desired Qualification Level:
- Degree
About The Employer:
Client is based in the financial services sector.