Job Description
The Management Accountant is responsible for preparing monthly, quarterly and annual financial reports for the Bank and its business units (cost centers). The Management Accountant has the responsibility for distribution of these reports to all stakeholders.
- Participate in the development of the Finance strategy of the Finance team.
- Develop frameworks, policies that govern the financial processes and controls.
- Provide a financial input and advice to business units to assist them in their strategy development, financial reporting, tax, remuneration structures and costing.
- Assist with preparation of annual divisional Income statements, balance sheet budgets and Board packs.
- Maintenance of approved finance policies and approval of orders and payment within specified discretionary limits;
- Manage Service Level agreements income and expenses.
- Daily monitoring of Card transactions including settlements.
- Calculation of periodic IFRS adjustments as driven by developments in the latest accounting standards.
- Monitoring of all Balance Sheet accounts and preparation of monthly suspense accounts summaries for EXCO reporting.
- Daily monitoring of Bank’s Office Suspense accounts.
- Assist in the preparation of Bank’s annual financial statements.
- Weekly monitoring of key subsidiary systems to the General Ledger
- Overall General ledger management.
- Accounts Payable relating to all Card Service level agreements.
- Attending to interbank related Card payments/settlements
- Attending to internal financial information requests.
- Ad hoc accounting and administrative duties.
- First review of Card transactions initiated in OPC and Head Office.
- Ad hoc Projects assigned from time to time.
- Provision of Support to internal and external Audit teams.
Job Details
Application Closing Date18/05/24
All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.