Financial Reporting Assistant – Regulatory Reporting job at ABSA Group
Website :
117 Days Ago
Linkedid Twitter Share on facebook

Vacancy title:
Financial Reporting Assistant – Regulatory Reporting

[ Type: FULL TIME , Industry: Banking , Category: Accounting & Finance ]

Jobs at:

ABSA Group

Deadline of this Job:
Monday, February 10 2025 

Duty Station:
Within Zambia , Lusaka, South - Central Africa

Summary
Date Posted: Saturday, February 01 2025, Base Salary: Not Disclosed

Similar Jobs in Zambia
Learn more about ABSA Group
ABSA Group jobs in Zambia

JOB DETAILS:
Job Summary
Ensure the bank and its subsidiaries’ comply to all applicable Accounting standards and all financial reporting is carried out in accordance with the applicable rules.

Job Description
Reporting
• Assist with review of month end trial balance and ensure all deliverables and GL disclosures are met according to the monthly and quarterly timelines applicable for regulatory reporting
• Assist with Liaising with the Financial Decision Support (FDS) team to ensure that all product and segmental information is reported correctly
• Assist with ensuring that all mapping and exco codes are correctly feeding into SAP to ensure that we have no issues on consolidation into group and for Group regulatory reporting.
• Responsible to ensure that all quarterly reporting on HFM or other relevant reporting platforms is done in within the given deadlines
• Responsible for the reconciliation of intercompany balances and clearance of these.
• Preparation of statutory financial statements using CaseWare or other applicable tools in good time to expected standard to facilitate early sign off of financial statements.
• Analytical review on both the income statement and balance sheet on a monthly basis which should form the basis of the commentary pack which is sent back to regional FC team
• Responsible for the timely and accurate preparation of all regulatory reports including but not limited to the monthly prudential return, BA 610, Basel II parallel run reports, quarterly publications, SEC Reports.
Key Stakeholder Management
• Assist with managing the relationship with external auditors
• Maintain close relations with the Central Bank and other applicable Regulatory Bodies
• Maintain Relationship with Group Regulatory Reporting team.

Risk Management control and Compliance
• Understand the appropriate Group and RoA Policies & Standards applicable to role.
• Understand risks and risk events (incidents) which are faced in the role thereby contributing to the adherence to the Group Risk and Control Framework.

Technical skills / Competencies
• Excellent communication skills at all levels.
• Excellent comprehension skills to understand and interpret financial data and economic trends.
• Strong formal presentation skills to gain acceptance to solutions, both internally and externally.
• Interpersonal skills
• Planning and organisation skills
• Ability to think creatively and identify innovative solutions
• Up to date knowledge of all applicable IFRS and some considerable understanding of accounting technical issues
• Strong ability to view issues from a risk & control perspective
• Highly numeric/strong analytical and problem-solving skills
• Drive to continually improve processes and seek new challenges
• Ability to work well under pressure, working accurately with attention to detail, and meeting deadlines
• Demonstrated ability to maintain and enhance relationships with contractors and staff in order to achieve work goals.
• Skills in forecasting, budgeting and analysis of variances.
• Strong customer focus (internal and external).
• Strong communication skills and interpersonal skills to effectively translate ideas, concepts and information

Knowledge, Expertise and Experience
• Detailed understanding of the objectives of Absa and how they are translated to financial objectives.
• Thorough knowledge of the banking products/services offered, as this will determine the accounting treatment in the books of the bank.
• Knowledge in Bank’s strategic objectives and systems
• Relevant first degree and Accounting professional qualification
• Experience in a Finance role in the banking industry
• Demonstrated ability to manage, motivate and develop a team and effectively work with other staff
• Technical and practical skills in tax compliance
• Knowledge of the Bank’ procedures and processes

Education
Higher Diplomas: Financial Sciences (Required)

Job Experience: No Requirements

Work Hours: 8


Experience in Months:

Level of Education:
Associate Degree

Job application procedure
• To apply for this job please visit absa.wd3.myworkdayjobs.com.

All Jobs

QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Accounting/ Finance jobs in Zambia
Job Type: Full-time
Deadline of this Job: Monday, February 10 2025
Duty Station: Lusaka
Posted: 01-02-2025
No of Jobs: 1
Start Publishing: 01-02-2025
Stop Publishing (Put date of 2030): 01-02-2066
Apply Now

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.
22.153MBMemory Usage382msRequest Duration
Joomla! Version4.4.10
PHP Version8.1.32
Identityguest
Response200
Templatejl_education_pro
Database
Server
mysql
Version
10.5.29-MariaDB
Collation
latin1_swedish_ci
Conn Collation
utf8mb4_general_ci
$_GET
[]
$_POST
[]
$_SESSION
array:1 [ "joomla" => "***redacted***" ]
$_COOKIE
[]
$_SERVER
array:63 [ "USER" => "greatzambiajobs" "HOME" => "/home/greatzambiajobs" "SCRIPT_NAME" => "/in...
session
array:3 [ "counter" => 1 "timer" => array:3 [ "start" => 1748572859 "last" => 1748572859...
registry
array:3 [ "data" => [] "initialized" => false "separator" => "." ]
user
array:18 [ "id" => 0 "name" => null "username" => null "email" => null "password" => "***r...
  • afterLoad (4.12MB) (48.35ms)
  • afterInitialise (11.1MB) (276ms)
  • afterCache (5.77MB) (40.99ms)
  • 1 x afterInitialise (11.1MB) (72.15%)
    275.79ms
    1 x afterLoad (4.12MB) (12.65%)
    48.35ms
    1 x afterCache (5.77MB) (10.72%)
    40.99ms
19 statements were executed59.98ms32.37KB
  • SELECT @@SESSION.sql_mode;78μs1.57KB/libraries/vendor/joomla/database/src/Mysqli/MysqliDriver.php:334Copy
  • SELECT `data` FROM `icop0_session` WHERE `session_id` = ?113μs1.61KBParams/libraries/vendor/joomla/session/src/Handler/DatabaseHandler.php:261Copy
  • SELECT `session_id` FROM `icop0_session` WHERE `session_id` = :session_id LIMIT 197μs1.61KBParams/libraries/src/Session/MetadataManager.php:187Copy
  • INSERT INTO `icop0_session` (`session_id`,`guest`,`time`,`userid`,`username`,`client_id`) VALUES (:session_id, :guest, :time, :user_id, :username, :client_id)36.54ms944BParams/libraries/src/Session/MetadataManager.php:260Copy
  • SELECT `id`,`rules` FROM `icop0_viewlevels`211μs1.59KB/libraries/src/Access/Access.php:955Copy
  • SELECT `b`.`id` FROM `icop0_usergroups` AS `a` LEFT JOIN `icop0_usergroups` AS `b` ON `b`.`lft` <= `a`.`lft` AND `b`.`rgt` >= `a`.`rgt` WHERE `a`.`id` = :guest154μs1.64KBParams/libraries/src/Access/Access.php:868Copy
  • SELECT `value` FROM `icop0_admintools_storage` WHERE `key` = 'cparams'133μs856B/administrator/components/com_admintools/src/Helper/Storage.php:120Copy
  • SELECT `option`,`view`,`query` FROM `icop0_admintools_wafexceptions`153μs960B/plugins/system/admintools/src/Utility/Cache.php:196Copy
  • SELECT `params` FROM `icop0_extensions` WHERE `type` = 'plugin' AND `folder` = 'system' AND `element` = 'admintools'278μs2.09KB/plugins/system/admintools/src/Utility/RescueUrl.php:324Copy
  • SELECT * FROM icop0_rsform_config269μs1.5KB/administrator/components/com_rsform/helpers/config.php:52Copy
  • SELECT `value` FROM icop0_acym_configuration WHERE `name` = 'level'158μs856B/plugins/system/acymtriggers/acymtriggers.php:639Copy
  • SELECT `value` FROM icop0_acym_configuration WHERE `name` = 'active_cron'91μs856B/plugins/system/acymtriggers/acymtriggers.php:639Copy
  • SELECT `value` FROM icop0_acym_configuration WHERE `name` = 'cron_next'88μs856B/plugins/system/acymtriggers/acymtriggers.php:639Copy
  • SELECT `value` FROM icop0_acym_configuration WHERE `name` = 'queue_type'80μs856B/plugins/system/acymtriggers/acymtriggers.php:639Copy
  • SELECT *,(subpath=1 AND LOCATE(sef_link, '%2Fjobs%2Fjob-detail%2Fjob-Financial-Reporting-Assistant-%25e2%2580%2593-Regulatory-Reporting-job-at-ABSA-Group-71888%2F')=1) inSub FROM icop0_jlexblock WHERE ((mt_fullsite=1 AND mt_index=1) OR ((`sef_link`='%2Fjobs%2Fjob-detail%2Fjob-Financial-Reporting-Assistant-%25e2%2580%2593-Regulatory-Reporting-job-at-ABSA-Group-71888%2F' OR (subpath=1 AND LOCATE(sef_link, '%2Fjobs%2Fjob-detail%2Fjob-Financial-Reporting-Assistant-%25e2%2580%2593-Regulatory-Reporting-job-at-ABSA-Group-71888%2F')=1)) AND mt_fullsite=0)) AND published=1 ORDER BY mt_area DESC,id ASC303μs4.23KB/plugins/system/jlexblock/jlexblock.php:150Copy
  • SELECT *,(subpath=1 AND LOCATE(sef_link, '%2Fjobs%2Fjob-detail%2Fjob-Financial-Reporting-Assistant-%25e2%2580%2593-Regulatory-Reporting-job-at-ABSA-Group-71888%2F')=1) inSub FROM icop0_jlexblock WHERE ((mt_fullsite=1 AND mt_index=1) OR ((`sef_link`='%2Fjobs%2Fjob-detail%2Fjob-Financial-Reporting-Assistant-%25e2%2580%2593-Regulatory-Reporting-job-at-ABSA-Group-71888%2F' OR (subpath=1 AND LOCATE(sef_link, '%2Fjobs%2Fjob-detail%2Fjob-Financial-Reporting-Assistant-%25e2%2580%2593-Regulatory-Reporting-job-at-ABSA-Group-71888%2F')=1) OR `list_var` LIKE '%com_jsjobs%') AND mt_fullsite=0)) AND published=1 ORDER BY mt_area DESC,id ASC322μs4.27KB/plugins/system/jlexblock/jlexblock.php:150Copy
  • SELECT s.id, s.template, s.home, s.title AS long_title, s.params FROM icop0_template_styles AS s WHERE s.client_id = 0 AND s.template = 'jl_education_pro' ORDER BY s.id271μs3.7KB/libraries/gantry5/src/classes/Gantry/Joomla/StyleHelper.php:69Copy
  • SELECT `session_id` FROM `icop0_session` WHERE `session_id` = ?282μs1.63KBParams/libraries/vendor/joomla/session/src/Handler/DatabaseHandler.php:291Copy
  • UPDATE `icop0_session` SET `data` = ? , `time` = ? WHERE `session_id` = ?20.36ms912BParams/libraries/vendor/joomla/session/src/Handler/DatabaseHandler.php:318Copy