Senior Manager, Global Product Control, Working Capital - Johannesburg at Standard Bank Group

JOB DESCRIPTION

• Responsible for the reconciliation and substantiation of the SA balance sheet and income statement for trading activities of the front office areas they are assigned to, including daily P&L reporting and validation process. The income statement and balance sheet is signed of a monthly basis for group finance and annually for the purposes of the external audit.
• This role contributes to the weekly Global P & L Cash submissions ensuring standardisation across the Transaction Banking business with respect to product segmentation on the balance sheet and correct revenue recognition on the income statement.

QUALIFICATIONS

• Post Graduate Degree in Finance and Accounting
• CA (SA)

Experience Required
5-10 years experience which includes being:

• Accountable for signing off on the validity, accuracy and completeness of the Working Capital balance sheet, that reflects the financial position and the financial results in accordance with International Financial Reporting Standards.
• Responsible for partnering with the respecting Transaction Banking PC Head to ensure timeous approval of all new products in accordance with good industry practice and in the recording of the new product Balance Sheet and Income Statement (IFRS and any other applicable regulation) in South Africa.
• Responsible for partnering with the Transaction Banking PC Head and the Central Finance representative to review and approve the New Product Paper and provide requirements to Business and Finance in the local country based on financial risks identified in Africa Region.
• Responsible for ensuring timeous review and sign off of New Product papers is performed to allow business strategy to be delivered in across the Group in the 18 markets.

ADDITIONAL INFORMATION

Behavioral Competencies:

• Articulating Information
• Checking Details
• Developing Strategies
• Directing People
• Documenting Facts
• Embracing Change
• Examining Information
• Following Procedures
• Interpreting Data
• Making Decisions
• Meeting Timescales
• Upholding Standards

Technical Competencies:

• Evaluation of Internal Controls
• Financial Accounting
• Financial and Accounting Control
• Financial Systems Administration
• Preparing Financial Statements
• Reconciling Financial Records