SOUTH AFRICAN POST OFFICE (SAPO) - REPORTING SPECIALIST (C5) X 2 POSITIONS

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Key Responsibilities
• Keep abreast with developments in the IFRS accounting standards and ensure the Postbank fully and timely adopts all relevant standards
• Develop and implement accounting policies and be the custodian of the accounting policies of Postbank and ensure alignment between those policies and accounting standards. Support the finance function in the preparation of annual integrated report for the bank
• Provide complex, financial analysis for the finance function or a business unit within Postbank
• Provide financial support to corporate business /product development, including financial modelling and profit improvement analysis, customer/product/channel profitability analysis etc.
• Coordinate and/or prepare the financial aspects of product, channel and other development decisions, including supporting preparation of financial business case
• Prepare financial analysis for contract negotiations and product investment decisions
• Represent finance on cross functional teams.
• Manage and provide mentoring and guidance to staff.
• Support policy and process improvement and identify opportunities resulting from analyses performed.
• Adhere to financial controls, governance and compliance policies and processes throughout an area of specialisation, contributing to cost efficiency
• Provides IFRS technical support on financial matters
• Assists with changes in accounting policies and adoption of new accounting policies as needed • Prepare the financial statements and ensures continued improvement and compliance with IFRS and related developments
• Proactively identify area of specialisation related problems, determine cause and effect and recommend the best option to implement corrective action based on previous experience
• Managing and monitoring Postbank assets
• Performing regular fixed assets counts
• Contribute to and assist in the effective execution of internal and external audits, financial statement generation & regulatory submissions for the company.
• Understand and apply existing best practice frameworks to assist in the implementation of identified subject matter processes and standards
• Source, collate, analyse and interpret financial statements
• Provides technical advice to other business units (for example, on product development, special accounting and non-routine transactions, etc.
• Provides support for and resolution of issues arising from business as usual and routine transactions (including information for analysts and investor relations)
• Prepares and delivers technical updates and communication of industry developments to relevant stakeholders, as required
• Prepares and delivers training programmes as required
• Liaises with external audit and internal audit, and assists with resolution of audit queries
• Prepare payment requisitions for audit fees and other services providers who provide finance with services
• Comply with risk and governance policies, implement and provide subject matter input to the development of related processes, applicable to the area of specialisation
• Ensure that established accounting standards, procedures and processes are adhered to, in compliance with legislative regulations and group governance frameworks
• Ensure the effective and efficient management and control of functions/resources in accordance with the stipulations of the Public Financial Management Act, IFRS, companies Act, fraud prevention and risk management principles, legislation, company policies, processes, regulations.
• Contribute positively to human capability improvement, related to knowledge optimisation and associated with area of specialisation
• Maintains up-to-date technical accounting knowledge and industry practice knowledge
 
Minimum Requirements
• BCom accounting/ BCom Accounting science degree
• The candidate must have completed SAICA articles
• At least 3- 5 years post qualification experience in a similar position, preferably in banking industry
• In-depth knowledge and application of IFRS , especially within the financial services sector
• Experience in SAP and caseware - Advantageous
• Financial modelling experience - Advantageous
• Ability to interact and influence at all levels
 
Skills & Attributes
• High attention to detail
• Able to work under pressure
• Accurate
• Ability to work independently
• Flair for figures

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CONTACTS
The South African Postbank SOC Limited is committed to the achievement and maintenance of diversity and equity in employment, especially with regard to race, gender and disability. In compliance with the banks employment equity plans, first preference will be given to candidates from designated groups.
Correspondence will be limited to short listed candidates only.
If you wish to apply, and meet the minimum requirements please forward your Curriculum Vitae (CV) to recruitmentLM@postbank.co.za
Please indicate in the subject line the position you are applying for. 
 
Closing date: 20 January 2023
 
Position numbers: 60066684, 60066685
 
Cost Centre: 50800
 
Note, only applications received on this platform will be considered. “POPIA sections provides that everyone has the right to privacy and it includes a right to protection against the unlawful collection, retention, dissemination and use of personal information. By applying for employment you consent to the processing of your personal information with Postbank. Your personal information and any attached text or documentation are retained by Postbank for a period in accordance with relevant data legislation.”
 
If you do not hear from the South African Postbank SOC Limited or its Agent within 3 months of this advertisement, please accept that your application has been unsuccessful. The South African Postbank SOC Limited reserves the right not to fill the positions or to re-advertise the positions at any time.