ABSA Bank Jobs – Commodities AVP Product Controller

Website Absa Group Limited

Job Description:

There is a vacancy in the Commodities and Regional Management PCT team for the role of Product Controller. The overall responsibility of this role includes daily P&L production and balance sheet substantiation, and/ or responsibility for process ownership within an asset class, and / or involvement in broader, floor wide Product Control initiatives.

Job Responsibilities:

  • In the process of production focus is needed on:
  • Control – Continue to implement the on-going control environment and report any deficiencies or issues to managers
  • Regulatory reporting alignment – ensuring the Balance sheet is aligned to reports send to regulators
  • Accounting – posting to the General Ledger accurate and timely information
  • Data ownership – Ensuring the quality and accuracy of the data going downstream to other infrastructure areas
  • Control environment – Overseeing the control environment in which the business operates
  • Substantiation of the trading balance sheet – ensuring the full trading balance sheet can be substantiated
  • P&L review – understanding and providing commentary on the P&L.

Qualification & Experience:

  • B degree/similar qualification in a financial/related discipline with 5 years relevant experience or CA(SA) with 2 years PQE experience
  • Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)
  • Experience with Projects and / or Strategic Initiatives and / or Change Management preferred
  • Investment banking or Product Control experience
  • Experience in creating and maintaining an effective control environment
  • Product specific knowledge

Job Details:

Company: Absa Group Limited

Vacancy Type:  Full Time

Job Location: Sandton, Gauteng, SA

Application Deadline: N/A

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