Bank Of America Country Controller 

South Africa, Gauteng, Johannesburg 

401311933

Job Description:

Job Title:Country Controller

Assistant Vice President

Daily:

• Review P&L reporting on a daily basis

• Liaising with Middle Office function offshore

• Review of Estimate to Actual (E2A) commentary, follow up and resolution of E2A issues.

• Review Bank reconciliations

• Review and approval of payments/transfers

• Funding cost calculation and submission

• Liquidity management including ensuring exchange control requirements are adhered to

Month end close process:

• Posting of journals relating to month-end close in Oracle

• Cost centre reallocation processes

• Liaising with operations and offshore finance teams in clearing intercompany breaks

• Ownership of funding journal processing

• Substantiation of trading inventory balances, unsettled open position balances,

• Completion of quarterly returns for US Federal Reserve

• Preparation and submission of capital adequacy returns to regulators

• PnL Variance analysis and presentation

Annual/Bi-Annual:

• Preparation of Annual financial statements

• Preparation of all annual tax returns/provisional tax returns

• Preparation of the capital forecast

Legal entity reporting:

• Preparation of ad hoc reports required by the management committee and board

• Calculation and submission of various taxes on a monthly/Bi-Annual/Annual basis

Balance sheet reconciliations:

• Ensure that monthly balance sheet substantiation processes strictly adhered to establish and maintain best in class processes for accounts under control.

Other functions:

• Project work – ad-hoc projects mainly around process improvement forms a key part of the work requirement.

• Cover for other finance functions when required

What we are looking for:

• Qualified Chartered Accountant

• Proven working experience of IFRS and Tax knowledge

• Goal driven and proactive in dealing with matters; must display level of urgency in getting things done

• Good team player – able to work well within a small team

• High proficiency in Microsoft Excel (Good knowledge on Pivot tables, V lookups, etc essential)

• Adaptable and willingness of assist with duties not necessarily falling within the Finance ambit (i.e. BEE verification processes, contracts reviews and custody, etc)

• Energetic, enthusiastic and looking to build a career within Finance in the FS space

• JSE regulatory reporting experience is desirable

• A good understanding of accounting systems. Experience of Oracle and SAP an advantage

• Prior experience in using BDA advantageous

• Ability to interact and articulate with senior staff locally and offshore

• Thrives under pressure with strict adherence to deadlines

• Confident communication and interpersonal skills

• Excellent analytical skills– able to interpret financial data and decipher impact on the business decision-making process

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.