Job Requisition ID: R18433
Job Description
Hello Future Accountant,
Welcome to RMB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact. United by our proud heritage, strong ethics and philosophy of Traditional values and Innovative ideas, it’s the magic of our people and culture that sets us apart.
Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.
Key Responsibilities
- Identify process improvements in order to save costs
- Identify, control and escalate potential risks which may lead to increased costs
- Manage costs or expenses within approved budget to achieve cost efficiencies
- Deliver against operational and cost targets
- Ensure team adherence to specified policies, standards and procedures to prevent and reduce wastage and escalate associated risks
- Implement, manage and report on cost improvement objectives and communicate or escalate any shortfalls
- Prioritise resource allocation in order to minimise and reduce wastage
- Report on financial information extracted from the underlying financial systems
- Perform month end, quarter end, interim and year end processes
- Report on financial trends and monitor financial performance
- Monitor and report on accounting discrepancies
- Prepare budget and forecasts
- Be aware of and adhere to IFRS practices as adopted by the organisation
- Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SMEs, project managers and senior staff members
- Build and sustain collaborative working relationships with relevant peers and stakeholders
- Manage and collaborate with relevant peers and stakeholders to achieve deadlines for relevant Treat Customers Fairly risk assessments and product reviews
- Strive to improve service delivery quality, productivity, turnaround time, availability, reliability and accuracy to avoid operational loss
- Resolve client queries in accordance with operational goals and standards, and escalate problematic queries to the correct level to ensure prompt and effective resolution, enhancing the client experience
- Propose improvements on internal processes that impacts service levels and customer satisfaction within area of accountability
- Prepare monthly and quarterly financial documents and reconciliations
- Complete suspense account dashboard
- Prepare financial reports and account reconciliation reports according to organisation specific requirements or policies, on a periodic basis
- Maintain financial analysis and reporting activities as required for the business unit
- Provide data to support financial decisions
- Respond to financial queries by interpreting appropriate financial data
- Provide financial and non-financial information to line management by combining costing, finance and business management solutions to drive business and operational performance and controls
- Identify and resolve invoicing issues, accounting discrepancies and other financial related issues
- Prepare and adjust financial journal entries as required
- Manage account payable and receivable activities
- Ensure that specific performance measures and control systems are in place to track progress and quality
- Deliver projects and initiatives within set timelines and against operational and cost targets
- Demonstrate pride in the organisations brand services and products by consistently delivering on the brands promise
- Follow through to ensure that personal quality and productivity standards are consistently and accurately maintained
- Stay relevant and up to date with legislations and new developments
- Maintain a positive attitude and respond openly to feedback
- Handle stress in ways that do not negatively impact others
- Plan and manage own workflow anticipating obstacles juggling priorities and following through on objectives within agreed time frames and according to quality standards
- Take ownership of personal career development leveraging formal and informal opportunities
- Read situations and organisational realities
- Set aside personal agenda for the greater good
- Act in an ethical transparent and morally defensible manner including highlighting unethical practices
- Share debate and communicate learnings
- Flag and debate issues constructively
- Promote a friendly cooperative climate
Job Details
Application Closing Date: 01/02/25
All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals 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.
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