Duties and Responsibilities

Preparation of monthly management information on divisional level. For all the product divisions other than microfinance.
Homeloans, Business loans, Specialised lending.
Finalising trail balances per division monthly
Putting together a reporting pack per division monthly to share with CFO, CEO and other Stakeholders.
Understanding and tracking key drivers of the division to report these externally.
Engagement with business to get cashflow forecasting weekly, monthly for ALCO pack and as part of the forecast and 5-year strategic plan.
Engagement with Risk and IFRS9 expert to provide accurate info and check and challenge impairment charge principals and calculations.
Representing finance at monthly operational meetings in these product divisions.
Responsible for coordinating the forecasts and budget of all the above-mentioned divisions with business owners’ input and guidance. Including Income statements, Balance sheets, cashflow forecasting.
Independently checking and challenging business where need be.
Taking responsibility for any external financial reporting relating to this divisions.
Including annual financial statements input, Regulatory returns input
Running and taking responsibility for co-ordinating with the business owner the internal and external audit queries and deliverables monthly.
Be professional in all dealings and document thought process and decisions in a organised, well thought through and professional manner.

 
1 x team member reporting into this role who perform the following duties:(Which will need to be reviewed by the finance manager)

Capturing of transactions.
Posting of journals.
Calculations and keeping amortization schedule up to date and specialised lending portfolio.
Keeping track of cash inflow and capout of new loans to include in amort schedules and customers statements.
Prepare and send out invoices and statements for the business loan customers to business, for distribution to the customers and specialised lending portfolio

 
Coordinating and project managing the monthly management accounts/ financial reporting process

The gathering of data from divisions, ensuring Internal financial controls are adhered to and that the output is in format that stakeholders require.
Will act as first point of independent review, check and challenge numbers.
Coordinate the monthly reporting process, IS review meeting, Initial reporting to CFO, Tax calc independent review, meeting with CEO and reporting to Group and finally providing all info required for Regulatory reporting.
Will be responsible for requesting analysis of material variances vs prior month, current month PY, budget, forecasts.
Will be responsible for finalising month end and ensuring cut off and data is locked and no prior period transactions take place.
Will be responsible to suggest and maintaining the CONS file layout, divisional role ups and new and changes to GL accounts need to be approved.
Will be the first point of contact for all matters month end or management reporting related come external and internal audit related.
Be the key contact for the annual internal audit on internal financial controls.
Take ownership of company yearly budget and 5-year forecast process across all the divisions
Project manage the coordination of divisional budgets and forecast, consolidated up to FMB level. This include the submission of numbers as well as presentation templates.
Be responsible for planning, setting deliverables, timelines a templates and communicating that to business.
Tracking against deadlines, sending reminders and engaging with divisions to make sure they understand their deliverables and meet deadlines and quality of submission.
Reviewing submitted numbers high level per division check and challenge. Be the quality controller for presentations, checking minimum disclosure requirements are met, consistency of disclosure and sense checking.
Reporting on budgets and forecasts to Celeste, Ian and Carel.
Attend divisional budget sessions and the Board budget session.
Consolidation of information packs into one FMB Budget and 5-year forecast disclosure pack that will be shred with the FMB Board and Group.
Version control for all submitted forecasts and budgets.
Report budget and forecast to Group in line with their expectations and deadlines.
Responsible for getting divisions to import the budgets into Pastel Evolution and checking that it has been done accurately. Getting sign off from All that budgets are accurately reflecting in Evolution.

 
Stakeholders
Stakeholders that the candidate will work with on a day-to-day basis include:

Product/business owners - daily
Finance team - daily
Treasury team - daily
Chief Risk officer - monthly
Chief Financial officer - monthly
Chief Executive officer - Monthly
External and internal auditors - 4-6 months of the year.