Product Controller - Commodities and Regional Management at Absa Group Limited (Absa)

Job Description

• Accounting – posting to the General Ledger accurate and timely information
• Substantiation of the trading balance sheet – ensuring the full trading balance sheet can be substantiated
• Regulatory reporting alignment - ensuring the Balance sheet is aligned to reports send to regulators
• Data ownership – Ensuring the quality and accuracy of the data used downstream and being able to articulate trends or pick up anomalies to drive source remediation
• Control environment – Overseeing the control environment in which the business operates
• PnL (Profit and Loss) review – understanding and providing commentary on the PnL; displaying an understanding of the applicable Greeks to explain PnL moves and the respective products on the desk. Being able to relate the said moves to Market trends or behaviour
• In the process of production focus is needed on:
• Reporting – Ensuring reporting is accurate and timely (this includes considerations for product and instrument type/deal structure)
• Control – Ensuring a robust control environment and reporting any deficiencies or issues to managers/relevant stakeholders
• Adherence to applicable policies and standards

Key Accountabilities:

• P&L production and BS substantiation
• Running the day to day PC deliverables
• Interaction with key stakeholders
• Process Owner
• Strategic and/or Project and /or Change related Initiatives to advance efficiency agenda

Education:

• Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)
• Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)