| JOB NAME |
Investment Controller [Midrand]
POSTED BY: Development Bank of Southern Africa
REF:DBSA 246
Date Published:Thursday, October 13, 2022
Date of Expiration:Tuesday, April 11, 2023 EXPIRED
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| LOCATION OF THIS JOB |
 South Africa | MIDRAND in South Africa |
| INDUSTRY |
| DEVELOPMENT FINANCE INSTITUTIONS
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| JOB TYPE |
| Full-Time |
| MAIN JOB DESCRIPTION |
Closing Date 2022/10/23
Reference Number DBS221012-1
Job Title Investment Controller [Midrand]
Job Grade 16
Job Type Classification Permanent
Location - Town / City Midrand
Location - Province Gauteng
Location - Country South Africa
JOB DESCRIPTION
Support the Back office team to achieve financial strategy and vision by ensuring alignment of the Bank's Financial Strategy, through conducting financial modelling, scenario planning and forecast and reviewing and amending financial policies to support the business.
KEY RESPONSIBILITIES
Strategic function
In collaboration with the Head Finance Assets and Treasury Operations and Chief Financial Officer (CFO):
1. Assist in the alignment of the financial strategy to the business strategy.
2. Assist in aligning the DBSA corporate strategy with the Bank's operating model.
3. Assist in setting the strategic direction for the DBSA in terms of
4. Treasury Operations support. This includes financial modelling, scenario planning and forecasting.
5. Provide assistance and guidance in developing proper supporting systems and procedures.
6. Provide financial and statistical reports for Executive decision making.
7. Review and amend financial policies and procedures to support the business.
8. Provide proactive and regular forecasting and scenario planning for corporate and divisions.
9. Interpret and analyse key financial information current and forecast and ratios to assist in financial decision making.
10. Action expense-management strategy to be utilised for financial analysis, decision-making and cost savings.
11. Escalate any issues with other divisions to Manager.
12. Ensure high standards of financial control and ensure effective management of working capital, margin management, risk management and disciplined financial best practice.
Management Reporting and Information systems
1. Prepare financial plans and budgets for Executive decision-making.
2. Provide proactive and regular forecasting and scenario planning for corporate planning for assets and liabilities
3. Alignment of financial policies, procedures and strategies with the SAP FICO IT design in relation to business and financial rules
4. Responsible for continuous improvements on back office support
5. Review own actions against the organisation plan (Balance Score Card) and look at the "big picture" when considering opportunities
6. Keep the DBSA's business functions and keep abreast with business developments and trends.
7. Ensure ongoing compliance in terms of legislative (Treasury, PFMA), financial, tax and related matters.
8. Assist in the preparation of annual and interim financial reports.
9. Review payments to ensure protection against or early detection of fraudulent activities.
Stakeholder Management
1. Provide direction and management to colleagues where applicable
2. Build relationships with stakeholders across the organisation to ensure open communication and to obtain a deep understanding of the Bank's operations.
Key Measures/KPls
1. Understand DBSA's core operations and be able to interpret accordingly.
2. Ability to multi task and demonstrate a willingness to acquire new knowledge.
3. Self-driven and willingness to assist in new initiatives.
4. Accuracy, quality, reliability and timeousness of quarterly and annual financial reporting.
5. Ability to effectively implement processes with detailed procedural manuals as well as policies and documentation of business processes which should be reviewed and updated quarterly.
6. Accuracy of budgets/forecasts as it relates to the balance sheet and cash flow statement projections.
7. Management of Client Relationships and key internal and external Stakeholders.
8. Eagerness to learn and advance within all spheres of finance.
Key Internal Relationships
1. Group Executive: Risk
2. All DBSA Divisions
3. Overall DBSA management
4. Audit & Risk Committees
Key External Relationships
1. External Service Providers
2. External Auditors
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| REQUIREMENTS FOR THIS JOB |
EXPERTISE & TECHNICAL COMPETENCIES
1. A CFA qualification would be a distinct advantage
2. A strong career track record in back office in a large, complex organisation with multi-dimensional businesses within the banking sector for a minimum period of 4 to 5 years, preferably in an investment banking environment.
3. Strong, current understanding of and a strong commitment to good corporate governance and specifically international reporting standards including IAS 39, IFRS, Basel, GAAP and other regulatory requirements including the PFMA.
4. Strong understanding of the integration of back, middle and front office.
5. At least 2 years experience relevant treasury accounting, assets and liability portfolio management and experience
6. Exposure to African global markets would be an added advantage
7. Equity valuations experience would be an advantage
Skills & Ability
1. Ability to ensure all governance and compliance requirements are met with the aim to eliminate potential inappropriate and corrupt practices.
2. Knowledge of the relevant legislative framework; i.e. King III,
3. MFMA, PFMA and other relevant legislation etc.
4. Strong management reporting skills at a senior level.
Analytical —
1. ability to synthesize complex or diverse information.
2. Aptitude to collect and research data as well as use intuition and experience to complement data.
3. Assist in the design of work flows and procedures.
Planning/organising –
1. ability to prioritize and plans work activities and use time efficiently. Set goals and objectives.
2. Organises or schedules other people and their tasks.
3. Develop realistic action plans.
Strategic thinking —
1. ability to assist in the development of strategies to achieve organisational goals.
2. Understand organisation's strengths and weaknesses.
3. Analyses market completion.
4. Identifies external threats and opportunities.
5. Adapts strategy to changing conditions.
6. Strong verbal and written communication skills as well as effective presentation skills and with the ability to express complex concepts in business terms.
7. Good understanding of SAP and quantum (added advantage) and other accounting tools.
8. Understanding of key financial markets.
9. A passion for accuracy.
10. The ability to work and thrive under pressure and meet deadlines.
TECHNICAL COMPETENCIES
Solutions Focused
1. Identifies optimal solutions based on weighing the advantages and disadvantages of alternative approaches.
2. After implementation, evaluates the effectiveness and efficiency of solutions.
Detail Orientation
1. Reviews all relevant information or aspects of a situation before taking action or making a decision.
2. Pays close attention to details that are important to others to make sure they are right.
3. Verifies that work has been completed according to the standards and procedures.
Negotiations Skills
1. Is able to state own case, leaving some room for negotiation.?
2. Is well-versed with negotiation protocol and etiquette.
3. Is able to successfully conclude simple negotiations on a factual basis.
4. Knows when to seek advice/guidance during a negotiation.
Planning and Organizing
1. Uses time management procedures effectively.
2. Can exercise independent judgement regarding all planning and organising issues.
3. Uses specialised software to plan and manage own time.
4. Plans and manages multiple priorities and deadlines.
Written Communication
1. Understands that different writing styles are required for different documents or audiences.
2. Write effective correspondence, prepares questions and reports, statements of circumstance and briefing notes.
3. Reviews others’ documents for clarity and impact.
4. Has a solid mastery of writing principles such as grammar, sentence construction etc.
Financial Acumen
1. Makes sound financial decisions after having analysed their impacts on the organisation, partner agencies,and community.
2. Effectively prepares budgetary submissions and forecasts for own department.
3. Knows the internal and external factors that impact on resource and asset availability.
4. Is able to interpret management account reports in an operational/commercial context and take action as appropriate to maximize revenues and control costs.
REQUIRED PERSONAL ATTRIBUTES
BEHAVIOURAL COMPETENCIES
Information Seeking and Analysis
1. Investigates the problem or situation beyond routine questioning.
2. Breaks down problems into simple lists of tasks or activities.
Self Awareness & Self Control
1. Understands internal audit standards and the needed procedures expected in conducting assignments.
2. Is able to contribute to the planning of specific audit assignments.
Is able to prepare audit reports to specified standards including format, style and timelines with the need for minimal editorial changes.
3. Understands the need for monitoring of the results of audit assignments to enable the follow up of significant
issues within an appropriate timescales.
Flexibility
Changes his/her perception, ideas or alters normal procedures to fit a specific situation to get a job done and/or meet company goals.
Decisiveness
1. Acts promptly to address urgent needs, taking quickly those decisions which need to be taken.
2. Assesses available information to reach a clear view of key options and selects the best option at the time.
3. Thinks on their feet when necessary
Interpersonal Skills
Understands emotion (by reading body language, facial expression, and/or tone of voice) and what the other person explicitly says about a business or other issue (the other person’s explicit content that goes beyond labelling their emotions).
Analytical Thinking
Analyses and interprets multiple complex causal links: several potential causes of events, several consequences of actions, or multiple-part chains of events in order to prioritise and develop a plan of action.
Achievement Orientation
1. Undertakes challenging assignments and strives to complete them.
2. Sets priorities and chooses goals on the basis of calculated costs, anticipated benefits and improvement of performance.
3. Aims at exceptional performance; setting out to achieve a unique standard.
4. Constantly analyses outcomes to ensure the achievement of business goals.
5. Identifies short-term opportunities or potential problems aiming to achieve better outcomes
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English 
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