Financial Controller

Job Mission / Objective:

The Financial Controller is responsible for the integrity, accuracy, and timeliness of the bank’s financial records, statutory reporting, and financial control environment. The role ensures compliance with IFRS, banking legislation, prudential standards, and internal control requirements, while supporting senior management in financial decision making and capital management.

• Ensuring compliance with statutory law and financial regulations.
• Preparation of financial statements.
• Preparation of VAT returns and calculation of taxation.
• Liaison between internal and external audit, ensuring Exco and Risk that all necessary controls are in place and that financial statements are fairly stated.
• Coordinate audit processes for the bank.
• Lead changes required in accounting standards, regulatory standards, systems, IT platforms, processes and controls.
• Implement accounting policies.
• Ensure all accounts in the GL are owned, properly reconciled and substantiated.
• Key sign-off on the new product approval process for business unit products and new business which includes systems, accounting treatment, controls and procedures.
• Maintain chart of accounts and business structure in the ledger.
• Ensure compliance with IFRS, including expected credit loss (IFRS 9), financial instruments (IFRS 9), revenue recognition (IFRS 15) and leases (IFRS 16).
• Oversee accounting for loans and advances, impairments, investments, treasury instruments, and derivatives.
• Processing of journals.
• Monitoring internal controls and perform assessments.
• Complete attestations to testify to the adequacy of controls on request.
• Document the control processes that support attestations of GL accounts.
• Report/escalate exceptions/breaks from the control processes supporting the attestation.
• Review reconciliations to confirm completeness and accuracy and sign-off on the reconciliations.
• Raise journals to correct reconciliation issues identified by the business partners.
• Perform risk assessments across all reconciliations in line with the level of risk associated with an account when an account is opened and review on an annual basis.
• Business and Risk management: insight and oversight on service delivery, balanced scorecard criteria, the risk management control framework and audit scopes and findings

ACADEMIC REQUIREMENTS:

• Bachelor’s degree in accounting, Finance, Financial Management, Commerce (Accounting/Finance)
• Have completed a CA(SA)

WORK EXPERIENCE:

• At least 3 years’ experience in a bank.
• Previous working experience with Great Plains an advantage (Optional)
• Advanced Excel skills
• Strong technical accounting expertise (IFRS, banking products).

All appointments will be made in line with Access Bank’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals living with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

• Medical Aid
• Pension Fund
• Work From Home