FirstRand Cost Accountant Jobs in South Africa
FirstRand Cost Accountant Jobs in South Africa
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All appointments will be made in line with the Bank’s Employment Equity plan The Bank actively supports the recruitment and advancement of individuals with disabilities.
We recommend that candidates be encouraged to declare their disability and consult the Bank should they require reasonable accommodation.
Purpose
To analyse customer and / or payment information to identify potential suspicious transactions and/or individuals in order to mitigate / reduce the incidence of financial crimes against the bank.
Experience and Qualifications
Recognised undergraduate degree (Finance, Costing or Maths).
CIMA preferred.
Additional modelling qualifications e.g. quants & actuarial analysts; stats, financial modelling.
3 - 5 years’ experience in a similar environment.
Experience in managing people.
Experience and knowledge of technical cost accounting and financial modelling practices.
Additional Requirements
Please note that this is a 12 months contract Process Activity Based Costing: Apply rate analysis to determine trends and explain variances (retrospective) Process Activity Based Budgeting: Provide cost budgeting guidance to the business (prospective Process Cost Model Development and Enhancements: Build, implement and maintain cost models aligned to standard drivers and methodologies to reflect both business expectations and Steerco guidance Process General ledger: Process and post all related model transactions / journal entries Process Cost Analysis and Reporting: Develop, interpret and provide feedback to the business on monthly and ad-hoc analysis and reports
to support decision making Process Quality Control: Interrogate cost movements as may affect the management of the model and rules can impact financial statements
Responsibilities
Provide cost budgeting guidance to the business (prospective).
Build, implement and maintain cost models aligned to standard drivers and methodologies to reflect both business expectations and Steerco guidance.
Manage costing allocation and interrogate the variances.
Develop, interpret and provide feedback to the business on monthly and ad-hoc analysis and reports to support decision making.
Prepare profitability calculations and analyse how these influence pricing strategies; provide input for external profitability reporting requirements.
Coordinate and manage the quality of team’s work, continuously monitoring compliance to quality and implementing improvements where required.
Manage and monitor risk to ensure that all processes fall within the risk & audit guidelines. Investigate and implement measures to correct audit findings.
Define processes that effectively manage objective and professional relationships and SLAs with relevant external parties.
Apply and monitor governance to ensure that all processes and documentation on model rules and assumptions are aligned with technical committee and costing
Monitor and coach behaviours that ensure a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
Continuously assess own performance, seek timely and clear feedback and request training where appropriate.
Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared.
How to Apply
Interested and qualified candidates should apply online by 25th September 2019
For more information and job application details, see; FirstRand Cost Accountant Jobs in South Africa
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