Product Controller - Sandton, South Africa - Absa Bank Limited

Absa Bank Limited
Absa Bank Limited
Verified Company
Sandton, South Africa

1 week ago

Thabo Mthembu

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Thabo Mthembu

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Description
Bring your possibility to life Define your career with us

  • With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary


The overall responsibility of this role includes daily P&L production and balance sheet substantiation, and/ or responsibility for process ownership within an asset class, and / or involvement in broader, floor wide Product Control initiatives.


Job Description:


Production related responsibilities:

  • Accounting posting to the General Ledger accurate and timely information
  • Substantiation of the trading balance sheet ensuring the full trading balance sheet can be substantiated
  • Regulatory reporting alignment ensuring the Balance sheet is aligned to reports send to regulators


  • Data ownership

  • Ensuring the quality and accuracy of the data going downstream to other infrastructure areas


  • Control environment

  • Overseeing the control environment in which the business operates
  • P&L review understanding and providing commentary on the P&L.
  • In the process of production focus is needed on:


  • Reporting

  • Ensuring reporting is accurate and timely


  • Control

  • Continue to implement the ongoing control environment and report any deficiencies or issues to managers

Key Accountabilities:

  • P&L production and BS substantiation
  • Interaction with key stakeholders
  • Process Owner
  • Strategic and/or Project and /or Change related Initiatives
Education

Bachelors Degree and Professional Qualifications:
Business, Commerce and Management Studies (required)

  • Absa Bank Limited reserves the right not to make an appointment to the post as advertised_
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