Company Description
Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa-focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services 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 and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, Mauritius and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
Please Note this is a Fixed Term Contract for 11 months as it is for Maternity cover
Monitor, collate and deliver Trust product and legal entity financial reports to enable senior executives and product heads to manage performance against business objectives and support Directors in the discharge of their fiduciary responsibilities.
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.
Qualifications
Minimum Qualifications
- First Degree
- Professional accounting qualification such as ACCA/ACA/CIMA – Essential
Experience Required
- Experience in accounting support for Trust products including business partnering
- Experience in a financial accounting, financial control or audit of trust company financial statements.
- Working knowledge of SAP or Trust sub-ledgers would be desirable
Additional Information
Outputs:
- Input of data in the ledger for all Trust legal entities to ensure accurate and complete data in the reporting system
- Preparation of trust billing schedules in line with applicable accounting standards and group guidelines.
- Support the process of preparation of annual financial statements for the Trust Mauritius legal entity in line with the applicable Company law, accounting standards and Group guidelines.
- Preparation and submission with support from external consultants of Trust Mauritius legal entity Corporate Tax and Value added Tax returns.
- Compiling of legal entity capital/liquidity metrics for quarterly board/regulatory reporting and monthly monitoring against regulatory limits and internal appetite by the ALCO
- Reconciliation of high risk accounts on the balance sheet as classified in the balance sheet risk management framework
- Explain movement on the balance sheet and attribute these to movement in positions and market
- Proactively develop relationships with key internal stakeholders such as Trust product heads and legal entity executives to ensure appropriate support is provided for the delivery of business objectives and discharge of fiduciary responsibilities
- Build and develop relationships across the Group with various stakeholders to ensure universal Group principles are followed for internal reporting.
Technical Competencies:
- Automation
- Financial Accounting
- Financial Analysis
- Financial and Accounting Control
- Financial Consolidation
- Management Accounting
Top Skills
What We Do
As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.
