Job Description

Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities \xe2\x80\x93 plus the chance to work alongside some of the sector\xe2\x80\x99s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We\xe2\x80\x99re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.


To support the production of regular reporting & requested insights & analytics to enable the Financial Insights Leads, Head of Reporting & Control & businesses in delivering their strategic objectives. Delivery of reporting relating to all aspects of profit & loss and balance sheet to address Business Units, Client, Sector, Region & Legal Entity. This will be achieved through the production of high quality, high impact business reports to agreed standards, formats & timelines.

Qualifications
Minimum Qualifications

• Degree in Finance or Accounting

Experience Required

Experience in producing high quality regular reporting and additional analysis which will include the provision of insight via commentary. This will have allowed the individual to have a deep understanding of key drivers which influence typical management decisions, specifically within the banking or similar industry.

Experience within the Financial/Statutory accounting field will have enabled the individual to have a good understanding of the accounting requirements for the functions various types of transactions (Including costs, revenue, balance sheet and liquidity). This will allow the individual to have a broader understanding of relationships between the aforementioned transactions and other items on the Balance Sheet/Income Statement which will enhance the depth of analytical reporting
Additional Information
Outputs:

• Attend to the amendment of irregularities found during the audit or risk monitoring process to ensure sufficient controls and standards are implemented and upheld
• Conduct analytical reviews of the data obtained to predetermined materiality & metrics,. Highlight material variances against budgets, plans and forecasts, and obtain analysis and commentary. Identify exceptions in extraction, aggregation and analytical review process for evaluation at regular feedback sessions
• Ensure that the correct reporting templates are utilised in the delivery of Financial Insights & Analytics reporting. Identify areas in which standardised templates can be refined to improve clarity and effectiveness of message. Utilise consistent pre-determined materiality in the determination of focus on the level of depth of reporting required. Ensure that all reporting insights and analytics can be tailored to produce a consolidated view.
• Focus on balance sheet, capital, client and revenue processes that address Business Unit, Client, Sector, Region & Legal Entity. Produce commentary and analysis that supports intra-monthly reporting which supports the Reporting & Control Managers in developing understanding relating to balance sheet, capital, client and revenue activities
• Understand and perform accurate intercompany and interdivisional eliminations. Perform consolidations, run Transfer Pricing (TP) Models, and prepare TP reports. Produce accurate Transfer Pricing journals and eliminations. Resolve issues which arise in eliminations, ensuring that all non-eliminated items are in fact reconciled to zero

Technical Competencies:

• Data Management (Administration)
• Interpreting Financial Statements
• Management Accounting
• Quality Assurance
• Reconciling Financial Records
• Written Communication