Financial Controller job at Absa Bank

Financial Controller job at Absa Bank

JOB DETAILS:
Job Summary
The role holder will be accountable for all Financial Control activity undertaken in Uganda. This will include operating the control environment in accordance with Group policies including the Account Ownership and Reconciliation and eliminations policies, operating any relevant SOX controls and processes as the SOX owner for the platform, maintaining the books and records of the Bank and subsidiary entities.

They will also be responsible for the production and review of all local regulatory reporting, including the production of regulatory balance sheet and profit and loss for the bank and subsidiaries under local rules, production of funding plans, dealing with regulatory request and queries as well as managing regulatory audits. They will be required to engage with the local regulator as necessary.

The role is also responsible for delivering accurate and timely reporting to the Absa Group which will include managing the Group SAP entities of Uganda, making and controlling any adjustments between local and Group reporting and maintaining a record of all such adjustments and completion
and review of all sub-analysis data submitted for Group reporting. The role is responsible for signing off on all financial data used for Group statutory and regulatory reporting.

The role will also ensure Treasury funding bookings are made correctly and assist Tax with collection of data for tax returns.

Job Description
Risk, Governance and Regulatory
• “Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Absa Policies and Policy Standards. Understand and manage risks and risk events (incidents) relevant to the role.”

Financial Management Control and Analysis
Financial reporting and Controls – 45%
• Provides advanced financial analysis on a wide range of complex technical and business issues in connection with the jobholder’s area of responsibility, e.g. variances, trend, impact of change initiatives, impact of new accounting regulations, etc.
• Provides an informed view of consolidated financial data, i.e. explaining how individual business areas trends are consolidated
• Recommend actions on any items at risk in the balance sheet.
• Keeps up to date with subject matter knowledge and best practice in this area.
• Investigates internal accounting, and external reporting implications of new and amended accounts for own area of expertise

Reconciliation of financial accounts – 20%
• Review reports from the reconciliation department and spearhead the monthly reconciliation meetings with function heads.
• Recommend actions on any items at risk in the balance sheet..
• Help in compiling audit evidence and ensure all audit issues with regards the balance sheet have been resolved.

Team Building – 15%
• Work as an effective member or leader of a team. Take personal responsibility to identify areas of performance improvement for self and team. Actively share knowledge learnt.
• To manage and motivate direct reports, identifying individual and team development needs and providing coaching and recommending and / or arranging training.
• Conduct formal performance and development reviews for direct reports.

Business Education – 20%
• Acts as a centre of excellence for staff, providing expert help and guidance on a wide range of complex and difficult subjects. There is the need to apply in-depth technical knowledge, use their experience, understand the potential impact of decisions on other areas and interpret requirements.
• Investigate and resolve the more complex problems, issues and queries liaising, with customers, suppliers and other experts, as appropriate.

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

Job application procedure

Interested and qualified Click here to apply.

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