Overview
Product Controller Jobs in Sandton, South Africa at Absa Bank
time left to apply End Date:
January 28, 2025 (7 days left to apply)
job requisition R-
Empowering Africa’s tomorrow, together…one story at a time.
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 thisexcitinggrowth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
The overall responsibility of Product Control includes P&L reporting, 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
Reporting & Substantiation related responsibilities include:
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 sent 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
Critical to your responsibilities:
P&L reporting and BS substantiation
Interaction with key stakeholders
Process Owner
Strategic and/or Project and/or Change related Initiatives
Preferrededucation, qualification & skills:
B degree/similar qualification in a financial/related discipline with 5 years relevant experience or CA(SA)
Investment banking or Product Control experience
Product specific knowledge
Experience in creating and maintaining an effective control environment
Education
Bachelors Degree and Professional
Qualifications:
Business, Commerce and Management Studies (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to thediversityof the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised.
About Us
Absa Group Limited (“Absa Group”) is listed on the Johannesburg Stock Exchange and is one of Africa’s largest diversified financial services groups.
Absa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management, and insurance.
Absa Group owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda, and Zambia and has insurance operations in Botswana, Kenya, Mozambique, South Africa, and Zambia. Absa also has representative offices in China, Namibia, Nigeria, and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
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Title: Product Controller
Company: Absa Bank
Location: Sandton, South Africa
Category: Finance & Banking, Management
