Absa Group Line Controller Treasury PC HO Jobs in South Africa

Absa Group Line Controller Treasury PC HO Jobs in South Africa

Job Summary
Play a key role in coordinating the execution and reporting of controls across teams for clearing accounts reside in Head Office for which Treasury Product Control is responsible for.

Job Description
  • This is a new role that is created to ensure the effective control of cash clearing accounts in Head Office that Treasury Product Control is responsible for.
  • The individual will initially be responsible for the setup and embedment of key controls across various teams and will subsequently play a key coordinating role to ensure controls are executed effectively.

  • Accounting – posting to the General Ledger accurate and timely information
  • Substantiation of balance sheet – ensuring the full set of accounts can be substantiated
  • Regulatory reporting alignment – ensuring the Balance Sheet is aligned to reports to regulators
  • Control Environment – overseeing the control environment in which the business operates
  • Data Ownership – ensure that the various data owners and reconciliation owners have implement sufficient controls to ensure the completeness and accuracy of data.
  • Break resolution - Follow up with breaks, ensuring ageing and challenge risk assessments. Trend analysis to be developed to assist in understanding risk.
  • Break resolution – Ensure that repetitive breaks are logged and perform root cause analysis as required.
  • Governance – ensure sufficient management oversight and reporting at various governance forums (GLRS, KRI and FRRC).
  • P&L review – ensure that FTP consequences of balance sheet breaks are
    fully understood, quantified and communicated.
  • Account ownership – Gain an understanding of account composition and ensure visibility to product owners. Transfer of accounts to the correct BU owners. Ensure new accounts are allocated to the correct BU owners.
  • Audit – Ensure the successful execution of conformance testing and internal audit reviews.

    Knowledge & Skills:
  • Knowledge of Absa Group
  • Knowledge of IFRS
  • Understanding and knowledge of the Banks Act Regulations
  • Presentation skills
  • Conflict Management skills
  • Analytical skills
  • Communication Skills
  • Leadership and management skills

    Education and Experience Required
  • CA(SA)
  • 3 to 5 years PQE experience
  • Business experience in a Banking environment gained from a Finance
  • Experience in running multi-faceted projects
  • Banking internal audit or audit experience would be beneficial

  • Analyzing
  • Deciding and initiating action
  • Formulating strategies and concepts
  • Leading and supervising

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

    How to Apply

    For more information and job application details, see; Absa Group Line Controller Treasury PC HO Jobs in South Africa

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