Manager, Financial Reporting

Posted 3 Days Ago
Be an Early Applicant
Maseru, LSO
In-Office
Senior level
Financial Services
The Role
Manage financial operations, ensure compliance with accounting standards, lead preparation of financial statements, assist in budgeting and forecasting, support tax compliance, and enhance data integrity across departments.
Summary Generated by Built In
Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that 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. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

  • 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.
  • Assist in managing the company's financial operations and accounting functions, ensuring compliance with accounting standards and regulations.
  • Lead the preparation of financial statements and reports, including balance sheets, income statements, cash flow statements, and variance analysis.
  • Assist in the budgeting and forecasting process, providing financial analysis and insights to support decision-making.
  • Support the tax and regulatory function in the preparation of tax filings and ensure compliance with tax regulations. Ensure the monitoring and analysis of financial performance, identifying areas for improvement and implementing solutions to drive financial growth and profitability.
  • Maintain a strong understanding of accounting standards and regulations, and keep up-to-date with changes and developments in the field.
  • Support the balance sheet attestation process by ensuring existence of reconciliations. Ensure master data maintenance as it relates to profit/cost centers, chart of accounts and legal entities.
  • Partner with and guide Finance members across the Bank regarding any proposed changes to the Chart of Accounts and ensure the Bank’s reporting requirements are not compromised. Critically assess all requests for new GL accounts and collaborate with finance across the bank (including Group technical and Tax team) to ensure validity of the request and consider alternative solutions for the data need (e.g. use of sub-ledger or existing GL accounts).
  • Partner with the accounting technical department to ensure compliance with IFRS regulations. Partner with and guide BU regarding any proposed changes to their cost centre structures and ensure the Bank’s reporting requirements are not compromised.
  • Ensure robust stakeholder management to achieve data integrity, efficiently monitor and manage intercompany mismatches, and deliver value add across different ecosystems. 

Qualifications

Qualification

  • General Accounting or Postgraduate Degree in Finance and Accounting
  • Must be a member of Lesotho Institute of Accountants

Experience

5-7 Years experience with finance value chain

  • Experience with financial reporting, budgeting, and forecasting.  
  • Strong analytical and problem-solving skills, with the ability to identify issues and propose solutions
  • Proficiency in IFRS compliance
  • Strong attention to detail and accuracy, with the ability to meet deadlines and work under pressure 
  • Experience in PowerBI, PowerApps, and SQL to support process automation and data visualisation efforts 
  • Experience in designing and building interactive dashboards and reports using Power BI to provide insights into financial performance.
  • Ability to develop custom applications using PowerApps to automate manual processes and improve efficiencies.
  • Strong SQL skills with the ability to write complex queries and create custom database views to support financial reporting and analysis.

 

Additional Information

Behavioural Competencies:

  • Adopting Practical Approaches
  • Checking Things
  • Documenting Facts
  • Embracing Change
  • Establishing Rapport
  • Examining Information
  • Following Procedures
  • Interacting with People
  • Interpreting Data
  • Producing Output
  • Taking Action
  • Upholding Standards

Technical Competencies:

  • Automation
  • Financial Accounting
  • Financial Analysis
  • Financial and Accounting Control
  • Financial Consolidation
  • Management Accounting

Top Skills

Ifrs
Powerapps
Power BI
SQL
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
Johannesburg
63,856 Employees
Year Founded: 1862

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.

Similar Jobs

Minor International Logo Minor International

Finance Intern

Retail • Hospitality
In-Office
Maseru, LSO
3332 Employees
In-Office
Maseru, LSO
3332 Employees

Similar Companies Hiring

Amplify Platform Thumbnail
Fintech • Financial Services • Consulting • Cloud • Business Intelligence • Big Data Analytics
Scottsdale, AZ
62 Employees
Rain Thumbnail
Blockchain • Fintech • Payments • Financial Services • Cryptocurrency • Web3 • Infrastructure as a Service (IaaS)
New York, NY
100 Employees
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account