Allocations Accountant
KwaZulu-Natal, South Africa
Job Description
MAIN FUNCTIONS OF THE JOB
Develop processes, policies and procedures relating to the allocation of transactions
- Developing models that facilitate the efficient allocation of transactions to reporting areas.
- Drafting of procedures relevant to new processes implemented.
- Advances
- Deposits
- Transactional Banking
- Provisions
- Income earned from advances
- Profit paid to depositors
- Provisions
- Other income
- Staff Costs
- Other expenses
- Undertakes special projects and/or assignments as may be requested through the banks leadership structures.
- Introduces efficiencies to stream and enhance controls and procedures through automation and digitalisation.
- Evaluates and improves, where required, the overall effectiveness of the accounting function and system.
- Assist with financial decisioning for projects across the business taking into account principles of costing, expensing and capitalization.
- Involvement in and support to leadership on strategic issues including the transformation committee.
- Assist the reporting team with development of recons that allow better accuracy around financial information.
- Assists other team members with queries and provides support in the completion of departmental tasks
- Bachelor of Commerce (Accounting) or similar financial qualification
- A minimum of 3 - 5 years of experience is required in a Finance Department
- Strong MS Excel Skills
- Proficient in other MS Office applications (Word, PowerPoint)
- Strong reconciliations skills
- Knowledge of the Banks Policies and Procedures
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Job Detail
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Job IdJD1428242
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationKwaZulu-Natal, South Africa
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EducationNot mentioned