Manager, Financial Reporting

  • Full-time
  • Business Segment: Group Functions

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

  • To support the financial operations of the company and ensuring compliance with accounting standards and regulations. To assist the senior accountants in managing financial reporting, budgeting, and forecasting, and collaborating with other departments to ensure accurate financial information.
  • Assist in managing the company's financial operations and accounting functions, ensuring compliance with accounting standards and regulations.
  • Lead the preparation of financial statements and reports, including balance sheets, income statements, cash flow statements, and variance analysis.
  • Assist in the budgeting and forecasting process, providing financial analysis and insights to support decision-making.
  • Support the tax and regulatory function in the preparation of tax filings and ensure compliance with tax regulations. Ensure the monitoring and analysis of financial performance, identifying areas for improvement and implementing solutions to drive financial growth and profitability.
  • Maintain a strong understanding of accounting standards and regulations, and keep up-to-date with changes and developments in the field.
  • Support the balance sheet attestation process by ensuring existence of reconciliations. Ensure master data maintenance as it relates to profit/cost centers, chart of accounts and legal entities.
  • Partner with and guide Finance members across the Bank regarding any proposed changes to the Chart of Accounts and ensure the Bank’s reporting requirements are not compromised. Critically assess all requests for new GL accounts and collaborate with finance across the bank (including Group technical and Tax team) to ensure validity of the request and consider alternative solutions for the data need (e.g. use of sub-ledger or existing GL accounts).
  • Partner with the accounting technical department to ensure compliance with IFRS regulations. Partner with and guide BU regarding any proposed changes to their cost centre structures and ensure the Bank’s reporting requirements are not compromised.
  • Ensure robust stakeholder management to achieve data integrity, efficiently monitor and manage intercompany mismatches, and deliver value add across different ecosystems. 

Qualifications

Qualification

  • General Accounting or Postgraduate Degree in Finance and Accounting
  • Must be a member of Lesotho Institute of Accountants

Experience

5-7 Years experience with finance value chain

  • Experience with financial reporting, budgeting, and forecasting.  
  • Strong analytical and problem-solving skills, with the ability to identify issues and propose solutions
  • Proficiency in IFRS compliance
  • Strong attention to detail and accuracy, with the ability to meet deadlines and work under pressure 
  • Experience in PowerBI, PowerApps, and SQL to support process automation and data visualisation efforts 
  • Experience in designing and building interactive dashboards and reports using Power BI to provide insights into financial performance.
  • Ability to develop custom applications using PowerApps to automate manual processes and improve efficiencies.
  • Strong SQL skills with the ability to write complex queries and create custom database views to support financial reporting and analysis.

 

Additional Information

Behavioural Competencies:

  • Adopting Practical Approaches
  • Checking Things
  • Documenting Facts
  • Embracing Change
  • Establishing Rapport
  • Examining Information
  • Following Procedures
  • Interacting with People
  • Interpreting Data
  • Producing Output
  • Taking Action
  • Upholding Standards

Technical Competencies:

  • Automation
  • Financial Accounting
  • Financial Analysis
  • Financial and Accounting Control
  • Financial Consolidation
  • Management Accounting
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