Job Description

Job Overview
Business Segment: Group Functions
Location: IM, undefined, Douglas, undefined
Job Type: Full-time
Job ID: 80421613
Date Posted: 12/1/2023



To support the production of regular reporting & requested insights & analytics to enable the Financial Insights Leads, Head of Reporting & Control & businesses in delivering their strategic objectives. Delivery of reporting relating to all aspects of profit & loss and balance sheet to address Business Units, Client, Sector, Region & Legal Entity. This will be achieved through the production of high quality, high impact business reports to agreed standards, formats & timelines.

Qualifications

Minimum Qualifications

Degree in Finance or Accounting

Experience Required

Experience in producing high quality regular reporting and additional analysis which will include the provision of insight via commentary. This will have allowed the individual to have a deep understanding of key drivers which influence typical management decisions, specifically within the banking or similar industry.

Experience within the Financial/Statutory accounting field will have enabled the individual to have a good understanding of the accounting requirements for the functions various types of transactions (Including costs, revenue, balance sheet and liquidity). This will allow the individual to have a broader understanding of relationships between the aforementioned transactions and other items on the Balance Sheet/Income Statement which will enhance the depth of analytical reporting

Additional Information

Outputs:
Attend to the amendment of irregularities found during the audit or risk monitoring process to ensure sufficient controls and standards are implemented and upheld
Conduct analytical reviews of the data obtained to predetermined materiality & metrics,. Highlight material variances against budgets, plans and forecasts, and obtain analysis and commentary. Identify exceptions in extraction, aggregation and analytical review process for evaluation at regular feedback sessions
Ensure that the correct reporting templates are utilised in the delivery of Financial Insights & Analytics reporting. Identify areas in which standardised templates can be refined to improve clarity and effectiveness of message. Utilise consistent pre-determined materiality in the determination of focus on the level of depth of reporting required. Ensure that all reporting insights and analytics can be tailored to produce a consolidated view.

Focus on balance sheet, capital, client and revenue processes that address Business Unit, Client, Sector, Region & Legal Entity. Produce commentary and analysis that supports intra-monthly reporting which supports the Reporting & Control Managers in developing understanding relating to balance sheet, capital, client and revenue activities

Understand and perform accurate intercompany and interdivisional eliminations. Perform consolidations, run Transfer Pricing (TP) Models, and prepare TP reports. Produce accurate Transfer Pricing journals and eliminations. Resolve issues which arise in eliminations, ensuring that all non-eliminated items are in fact reconciled to zero

Technical Competencies:
Data Management (Administration)
Interpreting Financial Statements
Management Accounting
Quality Assurance
Reconciling Financial Records
Written Communication

Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any from of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or TransactionFraudOpsSA@standardbank.co.za