Finance Officer at Absa

January 13th, 2023 at 08:28 am

Finance Officer at Absa

Summary of Job:

• Lead the making of management accounts, performance reports, and business review packs.
• Help with the daily, weekly, and quarterly process of reconciliation
• Offer help with money and analysis.
• Identify and implement opportunities for automation, process improvement and efficiencies. For example, a subsidized interest rate to offset some of the amount of the grant
• Lastly, Improve the quality of financial and management information and analysis on your own.

Responsibilities

Performance Reporting – Time Split – 35% of the Time

• Help put together and send in monthly management and financial accounts.
• Give senior management sound commentary on all report decks.
• Reconciliation of the Project’s monthly payments on time and correctly.
• Help get the Absa Young Africa Works Project reports and comments ready and sent in every month.
• Manage the reporting schedule by making and keeping track of a dashboard for reports that is sent to the Absa Young Africa Works project and country.
• Manage the answers to all questions about how actual performance compares to what was planned for in terms of cost, assets, etc.
• Make sure that all reports have the same structure and layout.
• Coordinate with the business and take charge of all parts of the key process for both
• Actual reporting and the budget.

Planning & Analysis- Time Split – 35%

• Help people make Short-Term and Medium-Term Plans.
• Make sure that business plans and strategies are sent in on time and are correct, according to the Absa Young Africa Works project schedule.
• Maintain a teamwork/collaborative relationship with key stakeholders (like Risk, Treasury, Business Partners, Financial Control, and donor agencies) to make it easier to plan and solve problems on time.
• Review cost and income lines, talk to Financial Control to make sure results are aligned, and share insights to make better decisions.
• Always look at financial results and assumptions for forecasts, and share insights and trends with the Absa Young Africa Works project and business.
• Provide reports on performance and trends when they are needed.
• Coordinate and collect information from Absa Young Africa Works project and business teams for routine and ad hoc requests, such as quarterly and half-yearly comments, forecast and actual performance reviews, etc.

Reconciliation -Time Split -15%

• Find and suggest ways to improve processes and systems to make the planning and reporting cycle work better
• Make sure that the project and business numbers for Absa Young Africa Works are always in sync and that all mapping problems are fixed.
• Set up a system or process to handle subsidized interest on the amount of the grant.
• Provide ongoing training on all major changes to the financial and management reporting policies for the Absa Young Africa Works project Team Management / Personal

Development. – 15%

• Give help with certain tasks.
• Develop new analytical skills and work on your own growth to be more effective on the job.
• Keep up with what’s going on in the banking industry, including factors and trends in both the small and large economies.
• Keep up with the strategies and policies of the MasterCard Foundation.
• Take responsibility for your own growth and the growth of your team members.

Education:

Business, Commerce, and Management Studies is part of the Further Education and Training Certificate (FETC) (Required)

How to Apply for Finance Officer at Absa

Click Here to Apply Online

Deadline: January 24, 2023

For more Job Opportunities CLICK HERE

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