Do you have Africanacity?
Absa Botswana has exciting career opportunities for strategic, high performing and self- driven individuals. We are looking to fill the following role.
Financial Reporting Manager - Local
Overall job purpose
To monitor, control and report the financial performance of the business internally and externally by assisting the Financial Controller in the compilation and analysis of finance information. The applicant will be expected to ensure adequate controls over the financial reporting process and ensure compliance with all applicable statute both locally and internationally.
Main accountabilities
• Prepare annual financial statements and half year financial statements for Absa Bank Botswana group and its subsidiaries according to set timelines and in compliance with requirements of IFRS, GAAP, Companies Act and BSE requirements and all relevant statute
• Ensure financial statement disclosures are accurate and in accordance
with IFRS and consistent with business performance
• Prepare half and full year packs for results presentation and shareholder
engagements
• Run month end process efficiently with no surprises reporting and
preparation of financial accounts for the month
• Ensure detailed review of monthly management accounts and compile
adequate business commentary to support financial position
• Ensure accuracy, validity, and completeness of all transactions in the reporting system and maintain up to date reconciliations of ledger accounts and ensure data integrity between SAP ERP and sub ledger
• Maintenance of SAP ERP ledger accounts and ensure correct reporting
hierarchy is maintained
• Management of both internal and external audit process – coordinating requests, follow up on issues and ensuring a seamless audit closure process. Ensure audits are performed efficiently with no cost and time overruns
• Prepare pack for Board and ensure accurate and relevant input
• Input into the planning cycle of the bank ensuring that planned numbers
are complete and accurate and monitor monthly performance to plan
• Ensure seamless reporting of all Absa Bank Botswana group entities and
ensure proper consolidation journals effected month on month
• Ensure accurate interpretation of IFRS and effective implementation of
existing and new standards
• Ensure efficiencies in cost and provide relevant guidance and support to
the business
• Input into new product development/ assessment of business risks and
opportunities
• Minimise financial risk by ensuring adequate and sound provision of all
material exposures
• Approve and authorise payments according to mandate given
• Assist in managing the relationship with Business Unit owners and Group
• Provide support to business units in terms of expenditure monitoring and
control
• Provide relevant support to business in terms of policy and application of
IFRS
• Provide relevant guidance to the business for purposes of preparing
Financial Statements and Annual Report
Education and experience required
• Professional accounting qualification - ACCA qualified or equivalent
• Minimum 5 years’ experience in Accounting and Financial reporting
• Experience in a computerized accounting environment
• Experience in leading teams and stakeholder management
Transactional Banker Overall job purpose
To support the growth of Cash Management & Trade and Working Capital to an agreed budget by the business. The primary objective of this role is to maximise the Bank’s earnings through the sale of Cash Management & Trade & Working Capital solutions to targeted corporate clients. To be accomplished by winning new client mandates, expanding existing relationships, and protecting current business flows. To ensure new Cash Management & Trade & Working Capital income streams are sustainable, this role must support the establishment of strong, long- term client relationships in conjunction with the RM/ RD organisation.
Main accountabilities
• Achieve sales performance targets as specified and agreed to within annual objectives.
• Segment each client/ prospect based on anticipated need and forecasted growth potential. ( Priority Client Targeting)
• Influence relative importance of client decision criteria to maximize fit of Absa’s proposed solutions.
• Structure compelling solution proposals to demonstrate a thorough understanding of each client’s requirements and objectives.
• Plan specific call objectives required to ‘ advance’ the sales process with each client.
• Maintain accurate ‘ Cash & Trade & Working Capital Plans’ for all ‘ Priority Clients’ as new information is identified during the sales process.
• Uncover client dissatisfaction with current situation in areas where Absa can provide alternative solutions
• Monitor progress of all implementations and provide appropriate support to ensure all client expectations are met or exceeded.
• Determine unique decision criteria, roles, and priorities of each client/ participants in the value chain ‘ buyer’ involved in the sales process.
• Develop links with other related companies and product areas to maximise cross selling opportunities.
• Ensure that all potential and actual business activity and transaction comply fully with the Banks sanctions and prohibition policy.
Experience
• B Degree or equivalent or 3- year Higher National Diploma
• 5 Years Transactional Banking Experience preferred. 3 years’ experience
at minimum.
• 5 Years’ Experience with Corporate or Business Client Relationships.
Education and experience required
Transactional Banking Product Knowledge:
• Domestic Electronic Payments and Collections
• Cross Border Payments and Collections
• International Banking, Doc Trade and Exchange Control
• Open account offerings
• Online and host electronic banking
• Relationship Management Skills
• Negotiations Skills
• Problem Solving and Solutions Skills
• Communication Skills
Competencies:
• Deciding and initiating action
• Delivering Results and Meeting Customer Expectations
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Analysing
• Presenting and Communicating Information
To view the full job profiles and to apply follow the link; www. absa. africa/ absaafrica/ careers/
Steps to follow;
1. Select Botswana as a Location
2. All positions advertised in Botswana will appear, pick on the roles you want to apply for and submit application.
Please note that we do not accept hard copies of applications and only short listed candidates will be responded to.
Closing date: