Job Description

Financial control

• Lead and direct all functions of the Bank's financial control department, including: finance operations, financial & statutory reporting, tax and vat, debtors and creditors
• Lead and direct all functions of the Bank's related financial processes, policies and procedures
• Oversee implementation and management of Key Financial controls across all functions across the Bank
• Manage year end audit process including Group financial year packs and the Bank and related subsidiaries Annual Financial Statements within regulatory timelines
• Manage all Group finance related matters for the Bank and all Bank related entities
• Identify and implement opportunities to improve current financial processes (innovation, automation and efficiencies)
• Lead and direct Bank wide cost saving initiatives in line with continued targets of reducing the Bank's cost to income ratio annually
• Assist CFO with any Controls, accounting, IT systems projects and financial matters as required
• Technical financial accounting and structuring on any Bank and Bank related corporate finance matters
• Member of Finance Manco Committee

Daily Operations

• Advise on market best practice for all Financial Control functions and implement operational best practices
• Monitor the implementation of strategic objectives
• Take initiative for problem solving and have a solution driven mindset
• Maintain strong and positive interpersonal relationships with internal departments and external parties
• Act in the best interest of the Bank at all times
• Ensure delivery of functions are met within all prescribed and regulatory timelines
• Manage strong relationships with the Bank's Executive Committee and management

Risk Management

• Maintain a strong financial control environment with best practice processes and controls
• Address internal / external audit matters timeously and implement controls to prevent future occurrence of findings. Continued target of only low risk findings.
• Identify and communicate potential risks and relevant risk mitigating controls to be implemented
• Lead and direct all financial operational risk matters in the Bank
• Attendee at the Bank's audit committee with participation into financial matters as required
• Attendee at the Bank's Senior Credit Committee and ALCO (as required)

Knowledge, Skills and Abilities Required (Competencies & level of competencies)

• Knowledge and understanding of the complexities involved in Financial Control, Statutory reporting, technical accounting, Procurement and Taxation within the Bank
• Expert knowledge - Tax Legislation, Principles and Accounting SA Governing Bodies and Reporting Structures as well as Reporting Framework and timelines
• Internal policies and procedures
• Ability to operate effectively under pressure
• Financial acumen
• Integrity
• Management and leadership skills
• Attention to detail
• Excellent communication skills.
• Knowledge and understanding of banking products and source system to GL reconciliations
• Experience with managing year end external audit and internal audit engagements
• Experience in Banking within a Financial Control environment

REQUIREMENTS (What is required to perform the Essential Duties)

• CA(SA)
• 5 - 8 years' within the industry, experience in an auditing firm is ideal