Description BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties. PURPOSE The main purpose of the role is to oversee and analyze revenue and costs, design and implement cost accounting system, track budget and costs, reviewing of costs for inaccuracies. Formulating and implementing cost savings methods; break-even analysis; performing volume and price and mix variance analysis on shared services costs. Make recommendations about cost efficiencies and financially feasible cost options to the business and management. You will engage with the following stakeholders: - Cost Centre Managers - Product Managers - Senior Executives - Senior Heads of BUs Your key responsibilities include: Financial Reporting • Assist in drafting financial statements in line with IFRS. • Ensure accuracy and completeness of financial reports. • Prepare financial disclosures and notes for review. • Support coordination with auditors to facilitate the audit process. Regulatory Compliance • Ensure compliance with Group Risk and Compliance policies and regulatory requirements. • Stay updated on changes in accounting standards, policies, and regulatory requirements. • Assist in mitigating financial risk by aligning to new regulations and standards. Stakeholder Reporting • Support internal stakeholders by providing timely and accurate financial reports. • Assist in preparing and presenting financial information to senior management and the board. • Ensure external stakeholders, such as investors and regulatory bodies, receive comprehensive and compliant financial disclosures. • Collaborate with various departments to gather necessary data for reporting. Team Development • Share knowledge and insights to build depth of skills and knowledge in the team. • Support team members through mentoring, coaching, and day-to-day activities. • Identify development needs through formal and informal feedback. • Participate in planned development by attending learning events and seeking coaching. Performance Management • Assist in planning, coordinating, and managing the team to achieve deliverables. • Support performance management of direct reports and hold them accountable for their teams. • Help maintain a high-performing team by identifying talent and supporting retention programs. Process Improvement • Enhance productivity by identifying, implementing, and supporting process improvements. • Improve work processes by soliciting input from managers and teams. • Promote optimization through multi-skilling and addressing capacity gaps. Client Service • Deliver world-class service by fostering a client-centric culture. • Ensure client satisfaction through effective reporting and communication. Subject Matter Expertise • Provide insightful financial advice as required (e.g., contract management, budget preparation, ad hoc analysis, and cost containment recommendations). Centre of Excellence Support • Assist in maintaining a centre of excellence for reviewing published financial information. • Ensure accuracy and compliance in financial reporting under the guidance of the Head of Reporting. • Contribute to initiatives aimed at improving the quality and transparency of financial disclosures. Stakeholder Analysis Support • Conduct relevant financial analysis to support stakeholder meetings. • Prepare detailed reports and presentations for stakeholder review. • Provide data-driven insights to support strategic decision-making. Compliance and Risk • Contribute to industry and group technical policy and procedure development. • Comply with relevant policies, procedures, regulations, and legislation. • Meet and continually improve on risk management standards (ISO 31000). • Contribute to the development, amendment, and implementation of relevant policies and procedures. • Ensure compliance with all applicable policies and internal controls framework. • Address internal audit observations promptly and mitigate risks as required. QUALIFICATIONS / KNOWLEDGE • Finance/Business/Quantitative qualification, ideally at honours level – Numeracy essential • Previous finance experience and exposure within a business partnering function preferred • Relevant up to date Certifications highly advantageous • Required computer literacy levels. o Accpac/Sage (Advanced) o Microsoft office suite (Advanced) o TM1/IBM Analytics • MS 365 knowledge advantageous EXPERIENCE/KEY COMPETENCIES Minimum of 2 - 3 years experience in detailed revenue/cost analysis accounting focus Minimum 2 – 3 years experience in finance, accounting or management account roles Experience working in a medium to large organization Sound understanding of accounting principles. Solid cost/profitability systems background advantageous Analytical thinker with strong conceptual and problem-solving skills. Meticulous attention to detail with superb organizational skills. Ability to work under pressure and meet tight deadlines. Ability to work independently and as part of a team. Excellent report-writing, communication, and IT skills.