With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
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Job Summary
To process financial transactions accurately and timeously through the execution of predefined objectives as per agreed standard operating procedures (SOPs).Job Description
- Journal entries for amounts posted into the head office expense account and the Finance Sundry payments accounts
- Process Branch Expenditure Journals on SAP
- Reconciliation of all assigned SAP accounts to ensure validity of balance sheet numbers. This reconciliation should validate all entries from take-on to the reporting date.
- Assist the General ledger controller in the coordination of the Finance and wider business reconciliations snap-checks
- Analytical review of the income statement and balance sheet
- Follow up with the payables accountant on the entries to be posted for the clearance of payment suspense accounts
- Daily circulation of P/L and Balance sheet to the business (Primary Owner)
- Responsible for coding of invoices received in the Business reviewer queue on a daily basis.
- Will ensure all items in the payment proposal are legitimate to avoid duplications
- Support with the preparation of bulk payments by the 15th and 25th of the month as may be applicable
- Alternate for preparation of other regulatory reports including but not limited to the monthly prudential return, BA 610, quarterly publications,RAFDA
- Responsible for the preparation of weekly liquidity returns
- General tax compliance work involving the processing of VAT, corporate tax, WHT, PAYE as may be applicable
- Mapping reviews on a weekly basis which will culminated in the full review at the end of each month to ensure SAP and Brains are completely aligned
- Month end Profit & Loss and Balance sheet review prior to finalisation of numbers for Group reporting.
- Support on certain input and entries on a monthly basis.
- Support on quarterly disclosure updates.(Convergent)
Education
Higher Diplomas: Financial Sciences (Required)Skills Required
- Higher Diploma in Financial Sciences
- Experience using SAP for journal entries and reconciliations
- Experience performing month-end P&L and balance sheet reviews
- Knowledge and experience processing VAT, corporate tax, WHT, and PAYE
- Experience preparing liquidity returns and regulatory reports (e.g., prudential returns, BA 610)
- Experience with payment proposal processing and bulk payments
- Familiarity with Brains and Convergent systems (mapping and disclosure updates)
Absa Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Absa Group and has not been reviewed or approved by Absa Group.
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Healthcare Strength — Medical aid, group life, disability, and funeral cover are described as comprehensive, with features such as terminal‑illness advances and beneficiary grocery benefits. Wellness and assistance offerings support overall financial and personal wellbeing.
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Retirement Support — A pension fund and group retirement arrangements are positioned as core benefits within fixed remuneration. Retirement coverage is embedded alongside other protections as part of standard employment.
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Equity Value & Accessibility — Employee share‑ownership (eKhaya) and equity‑linked awards broaden wealth‑sharing, with dividends or cash‑equivalent participation in some markets. This provides longer‑term value beyond base pay.
Absa Group Insights
What We Do
Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
