Bidvest Security Vacancies 2023 – FINANCIAL CONTROLLER

Website Bidvest Bank

Job Description:

Bidvest Bank is looking for a Financial Controller.

Job Responsibilities:

  • Ensure that month end Flash number are accurate and complete and estimate profit to be included in group reporting
  • Raise and discuss any issues regarding system/ process weaknesses identified
  • Ensure that any financial logs that are raised to be resolved by respective business units are adequately resolved and closed out
  • Ensure Regulatory reports are provided by teams and saved adequately after month end close
  • Liaise with and assist internal and external auditors where required
  • Ensure Opstats balances to TB and any anomalies raised for investigation and resolution
  • Ensure proper governance and controls are followed
  • Ensure that all balance sheet items are cleared, and any items of risk noted and identified to FM
  • Identify any items at risk and long outstanding/unreconciled items are cleared and resolved timely, if unable to clear assess the financial impact and communicate to FM to assess the reasonability of release.
  • Ensure month end closed within timeline and any delays are properly communicated
  • Review and approve journals posted by business and accountants
  • Ensure all risk items are flagged and appropriately addressed
  • Ensure that all business units provide inputs withing required timelines
  • Assist with preparation of audit reporting requirements
  • Review product mappings by Product accountant where necessary and ensure reasonable and accurate.
  • Ensure impairment reporting month on month is completed and available to regulatory submission.
  • Review of subsidiary entities Monthly numbers and trial balance for accuracy
  • Year end or interim pack notes for financials
  • Address any business request and direct to relevant individuals to resolve, manage outcome
  • Ensure proper controls are followed and recons are done with timeline and accurate and complete
  • Ensure that all regulatory queries are address and directed to correct individuals to ensure appropriate and timely feedback.
  • Achievement of objectives set out in personal development plan
  • Assist Accountants and reconciliation teams when required

Job Requirements:

  • Excellent communication skills and must be able to interact with staff at all levels (up to Senior Executive level)
  • Microsoft excel (advanced)
  • Must be able to understand and complex transactions and be able to guide team on required output
  • Honesty, trustworthiness and high ethics are non-negotiable
  • Must pay keen attention to detail, numeric accuracy and strong accounting background
  • Ability to work with different data sources and systems
  • Have a great attitude, take ownership for tasks and see them through to completion
  • Self-starter, motivated and energetic individual
  • Must have good understanding of accounting flows and product mapping and banking systems

Qualification & Experience:

  • Qualification: CA (SA) or Equivalent
  • Banking experience essential
  • 2 to 5 years Financial / Project Accounting
  • Previous experience in a similar role in a Bank (2-3 full year), full understanding how banking systems and GL workings

Job Details:

Company: Bidvest Bank

Vacancy Type: Full Time

Job Location: Sandton, Gauteng, South Africa

Application Deadline: N/A

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