FINANCIAL REPORTING MANAGER

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
• Minimize financial risk by ensuring adequate and sound provision of all material exposures
• Approve and authorize payments according to mandate given
• Assist in managing the relationship with Business Unit owners & 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
• Experience in a computerized accounting environment
• Experience in leading teams and stakeholder management