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.
Job Summary
The purpose of this role is to balance the general ledger, suspense accounts. To ensure that all items are cleared on a weekly basis. To prepare journals to clear items where needed. To prepare daily and monthly recons. To prepare and print month end recons to be reviewed and signed by Manager.Job Description
Finance processes and support function
Product Control Visibility
Balance general ledger accounts
Access the millennium system and draw enquiries and compare to source reports or information
To present outstanding items that cannot be resolved as a write off (debits) or Cams Diff (Credits). Compare to GL write off account.
To have no outstanding credit items older than three months. Compare to specific GL account.
To have no outstanding debit items older than a week without an incident report. Compare to specific GL account
To attached documentation on month end recons for approval purposes
Assist with all queries received via telephone or e-mail
Identify trends in nature of queries by implementing procedures to correct root of problem and forward these to the management.
Build relations with the users to assist in resolving queries by meeting with them
Raise balancing out of balance Incidents with the Technical teams
Prepare daily and monthly reconciliation
To prepare a daily and monthly recon on excel
Daily save all relevant recons on server
To ensure that month end reconciliations are done and signed by the 5th working day of any month
Attached relevant source system reports for approval purposes
To adhere to daily SLA's (Service Level agreement) with stakeholders
Financial Control – Partnership
Adhere to RCSA – Risk & Control self-assessment & AO&R policies – Account Ownership & Reconciliation
To ensure that transactions are processed within SLA’s (service level agreement) as per RCSA (Risk & Control self-assessment) requirement where applicable. No audit findings during any audit.
To ensure that work standards always adhere TO AO&R (Account Ownership & Reconciliation) policy standards. No audit finding during any audit.
To ensure compliance to RCSA (Risk & Control self-assessment) requirements. No audit findings during any audit
Process Optimization
New suggestions or reported items
To report any mistakes made during any situation to management as needed
To escalate any out of the ordinary / red flag situations to management
To forward any suggestions for improvement/cost savings to management when you became aware of such possibilities
To ensure that any ad-hoc tasks are performed according to standards applicable
Role / Person Specification
- NQF level 4 : Grade 12
- English speaking
- 12 months experience in similar role
- Telephone skills
- Knowledge of accounting principles
- CAMS product
- Millenium
- EOS listings
- Interfaces between CAMS and GL
- Microsoft Excel
- Microsoft Word
- Good verbal and written communication skills
- Good interpersonal skills
- Personal organisation and time management
- Ability to work alone as well as in a team
This role requires that you are versatile in all of the above functions. It does not require all functions everyday but as and when the need requires. The department is structured in such a way that support exists for each function required
Automation of this function is planned for
Area is not paper driven and requires save all work-related information, save all recons on server and always take responsibility for filing and security of information
Area is process driven not allowing any deviation from policy
Liaise with team mates to ensure consistency in team and communicate any red flag situations to team, leader and Manager.
Ensure processes are transparent with other areas they work with and that solutions are communicated for problems experienced in the area
Communicate with customer care & stakeholders on process changes
Inform of business requirement and make sure turnaround times are communicated
Education
Higher Certificates and Advanced National (Vocational) Certificates: Business, Commerce and Management Studies (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
Skills Required
- NQF Level 4 or Grade 12
- Higher Certificate or Advanced National Vocational Certificate in Business, Commerce and Management Studies
- 12 months of experience in a similar role
- English speaking ability
- Telephone skills
- Knowledge of accounting principles
- Knowledge of the CAMS product
- Experience with Millennium
- Knowledge of EOS listings
- Knowledge of interfaces between CAMS and the general ledger
- Microsoft Excel
- Microsoft Word
- Good verbal and written communication skills
- Good interpersonal skills
- Personal organisation and time management
- Ability to work independently and in a team
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.
