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  • Posted: Jul 18, 2023
    Deadline: Not specified
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    Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. "Africa is our home, we drive her growth” Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value. This sets the prima...
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    Officer, Financial Reporting

    Job Purpose 

    • To ensure the overall integrity and accuracy of the General Ledger as a basis for the preparation of financial and management reports
    •  Detailed review and analysis of financial performance
    •  To provide quality commentary on financial performance and management information
    •  Budget preparation and planning

    Key Responsibilities

    Prepare information on business unit performance

    • Preparation of the business unit balance sheet and income statement on a daily and monthly basis
    • Monitoring business unit balance sheet movements and ensuring that they reflect the correct balances

    Provide commentary and insight on business performance

    • Provide quality commentary to Head office reports and management information and adhering to set timelines
    • Provide insightful reports on financial performance to business and enabling functions that align to bank’s strategy

    Prepare information on cost management

    • Prepare cost reports that shows spend versus various factors budget, prior periods that assist in cost management within units.
    • Create more cost effective controls and reporting framework
    • Provide cost benchmark information against competitors of similar size to help manage cost more efficiently

    Facilitate the budgeting and planning process

    • Planning, monitoring and forecasting for the Bank and its related entities.

    Perform revenue assurance for the Bank and individual Business level

    • Perform revenue substantiation and highlight any areas of revenue leakage and inconsistent methodology

    Pursue areas of creating efficiencies in generation and submission of reports

    • Implement various initiatives to improve financial reporting processes and submissions

    QUALIFICATIONS
    Minimum Qualifications

    • Type of Qualification: Degree
    • Field of Study: Finance and Accounting
    • Preferable professional course: CPA 2

    Experience Required

    • 2-4 years years experience in financial accounting. 
    • Experience Description: Self driven, Curious, Keen on the details, Articulate, Team player

    ADDITIONAL INFORMATION
    Behavioral Competencies:

    • Articulating Information
    • Checking Details
    • Documenting Facts
    • Embracing Change
    • Examining Information
    • Following Procedures
    • Interpreting Data
    • Managing Tasks
    • Meeting Timescales
    • Producing Output
    • Team Working
    • Upholding Standards

    Technical Competencies:

    • Bookkeeping
    • Financial Accounting
    • Reconciling Financial Records

    Method of Application

    Interested and qualified? Go to Standard Bank Group on www.standardbank.com to apply

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