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PRIMARY PURPOSE OF THIS POSITION:

Responsible for effective and efficient execution of all day-to-day management accounting activities as well as the provision of support and assistance to the Management Accountant Officer and the Manager: Management Accounting with regards to management and control of the management accounting processes within the Bank..

KEY PERFORMANCE AREAS (KPA’s):

Management and Cost Accounting

• Assist with control over costs and expenditure for the Bank by drawing monthly reports to analyse and interpret exceptions. This includes: Following up on identified exceptions; Obtaining satisfactory explanations; Preparing a monthly report to the Manager: Management Accountant
• Responsible for the preparation and interpretation of financial statistics for branches and support units, including monthly reports explaining adverse variances.
• Assist with accurate preparation of management accounts and timely distribution to business units/segments.
• Assist with the prevention of revenue leakages by analyzing and interpreting monthly exception reports, reporting leakages to the Manager: Management Accountant.

Financial Planning and Budgeting

• Responsible for effective preparation and processing of budget information on accounting systems (e.g., SAP and TM1) according to company policies and accounting principles.
• Responsible for consolidating and preparing annual budgets, revised estimates, and rolling financial forecasts for the Bank and subsidiaries.
• Assist with applying financial models to perform “what if” scenarios and financial options based on changing variables.
• Assist with measuring and monitoring actuals against budget to identify risks or growth opportunities.
• Ensure adherence to deadlines related to budget information processing.

Pricing and Fees

• Assist with analysing competitor pricing, assessing market share and margins, and tracking customer engagement to develop effective pricing strategies.
• Assist with annual pricing review and update of the Fee Poster and Brochure to comply with Bank policy and BoN regulations.
• Prepare written reports and visual presentations on transaction volume and pricing analysis findings for monthly meetings, providing insights and suggestions to committees and occasionally to executives.

Special Projects

• Assist with pre- and post-implementation evaluations of new and existing projects to confirm financial feasibility and outcomes.
• Assist with impact calculations for new revenue streams.
• Ensure that all customers, both internal and external, are treated professionally and queries are handled promptly with feedback provided to clients.
• Perform other ad hoc duties as requested by Management Accounting Officer, Manager: Management Accounting, and Head: Management Accounting.
• Ensure efficient completion and updating of all operational checklists within the department and adherence to deadlines.

Qualification & Expereince:

• Bachelor Degree in Accounting or equivalent from a recognised tertiary institution AND
• Completed articles at a reputable audit company OR
• Partly qualified management accounting professional
• Experience in the banking sector will be an added advantage
• Knowledge of accounting systems (SAP and TM1) and processing activities
• Ability to work independently, take initiative and ownership
• Ability to perform well under pressure, meet strict deadlines and deliver high quality of work
• Must have an aptitude for detail and critical analysis with good problem-solving skills
• Proficient in Microsoft Suite (Word, Excel and PowerPoint)
• Good interpersonal relationship skills
• Good verbal and written communication skills.
• Possess good time management, planning and organizing skills.
• Willingness to work extended hours when required.

CORE COMPETENCIES

• Planning, Organising & Controlling
• Persuasiveness
• Assertiveness
• Interpersonal Sensitivity
• Organisational awareness
• Problem Solving, Analysis and decision making
• Insight/understanding

The company ONLY accept applications via their career portal. Interested candidates can apply via the link below:

Apply online via: Bank Windhoek Career Portal

Closing Date: 15 November 2024