| JOB NAME |
Treasury Accountant (Midrand)
POSTED BY: Development Bank of Southern Africa
REF:DBSA 119
Date Published:Monday, October 26, 2020
Date of Expiration:Saturday, April 24, 2021 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 2020/11/05
Reference Number DBS201023-1
Job Title Treasury Accountant (Midrand)
Job Grade 15
Job Type Classification Permanent
Location - Town / City Midrand
Location - Province Gauteng
Location - Country South Africa
JOB DESCRIPTION
The Treasury Accountant: Financial Assets and Treasury Operations is to manage the overall financial accounting operations of the DBSA asset and liability portfolio. Financial Management High level understanding and management of the asset and liability portfolio Ensure ongoing compliance in terms of financial. Tax, and related matters. Ensure appropriate financial policies and procedures are in place and consistently applied to support the business.
KEY RESPONSIBILITIES
1. Financial Management Assist in providing proactive and regular forecasting and scenario planning for corporate planning.
2. Manage and control payments to ensure anti-fraudulent activities.
3. Enhance high standards of financial control and ensure effective management of working capital, margin management, risk management and discipline financial best practice.
4. Assist in the monthly preparation of financial information utilised by the financial accounting and management reports.
5. Assist with the preparation of monthly, quarterly and annual reports and reporting on vacancies. Assist in the annual audit.
6. Assist with the preparation of Regulatory submissions.
MANAGEMENT REPORTING AND INFORMATION SYSTEMS
1. Provide financial and statistical reports for the Executive decision-making.
2. Assist in providing proactive and regular forecasting and scenario planning for corporate and divisions.
3. Assist in the building of budget forecasts for the entire DBSA. This includes budgeting of DBSA operations (loan related and non-loan related).
4. Assistance in the preparation of financial plans and budgets for Executive decision making. Assist with the implementation of financial, budgetary and forecasting systems and processes to ensure that these are continually enhanced and aligned with the specific needs of the organisation.
5. Assistance with the alignment of financial policies, procedures and strategies with the Treasury Quantum system and SAP FICO IT design in relation to business and financial rules. Responsible for continuous improvements on management information reporting and system enhancements within the financial division.
6. Review on actions against the organisation plan (balance Score card) and look at the “big picture” when considering opportunities.
7. Ensure ongoing compliance in terms of legislative (treasury, PFMA), financial, tax, and related matters.
8. Ability to review journal entries for errors.
9. Responsible for liaising with business and other finance functions to ensure, timely and accurate management reporting.
10. Responsible for the design of a tool that aids in the review of the register of products and the presentation thereof in the annual financial statements.
11. Participation in ad hoc financial projects, task groups and steering committees.
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/KPIS
1. Understands the DBSA’s core operations and is 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 which should be reviewed and updated quarterly. Accuracy of budgets/forecasts.
6. Management of Client Relationships and key internal and external Stakeholders Eagerness to learn and advance within tall spheres of finance
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| REQUIREMENTS FOR THIS JOB |
EXPERTISE & TECHNICAL COMPETENCIES
1. B Comm Accounting Degree Training contract which included the audit of a treasury environment.
2. A strong career track record in management accounting in a large, complex organisation with multi-dimensional businesses within the banking sector for a minimum period of 2-3 years. Strong understanding of and a strong commitment to good corporate governance and specially international reporting standards including IFRS, Basel, GAAP and other regulatory requirements including the PFMA.
EXCELLENT ACCOUNTING AND RECONCILIATION SKILLS.
1. A working knowledge of and exposure to derivatives and bonds would be essential.
2. Exposure to African global markets would be an added advantage.
3. A post-graduate taxation qualification would be an added advantage.
4. Knowledge on Quantum system SAP FICO and BI would be an added advantage.
5. Strong advanced Microsoft Excel modelling skills would be an added advantage.
6. Articles experience is an added 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, PFMA and other relevant legislation etc.
3. Strong management reporting skills at a junior level.
4. Strong understanding of capabilities required by DBSA to execute on strategy.
5. The ability to concentrate on specific tasks for extended periods and finalise those timeously. The ability to work long hours and meet deadlines
TECHNICAL COMPETENCIES:
1. Written Communication Technically experienced and fully competent writer: can write independently various technical and non-technical documents.
2. Uses a clear and easily understood writing styles when communicating technical information to non-technical employees or individuals.
3. Detail Orientation Reviews all relevant information or aspects of a situation before taking action or making a decision.
4. Pays close attention to details that are important to others to make sure they are right.
5. Verifies that work has been completed according to the standards and procedures.
6. Reporting Prepares both standard and non-standard reports to time and quality standards.
7. Collate and analyses readily available data for inclusion in a report
POLICIES AND PROCEDURES
1. Has detailed understanding of relevant policies and procedures and interprets these according to operational circumstances to ensure compliance.
2. Understands the business context sufficiently to recommend improvements and modifications to existing policy.
3. Is able to write new procedures.
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.
FINANCIAL ANALYSIS
1. Basic general knowledge of applicable statutes, regulations, entity/company practices and concepts. Interprets and applies laws and regulations, analyzes information and evaluates the impact of policies/procedures and practices.
2. Accumulates data; summaries information into pertinent, understandable, and presentable form; discerning valid from invalid comparisons of data; and seeking explanation for variations in the data. Initiates and maintains working relationships with stakeholders.
FINANCIAL ACUMEN
1. Possesses sufficient expertise to establish and manage income and expenditure monitoring systems for own area of the business.
2. Understands cost/revenue drivers within own area and is able to take actions to control resources and expenditure to meet financial targets.
3. Understands basic management accounting reports and the processes by which financial resources are identified, obtained, allocated, managed, and accounted for.
REQUIRED PERSONAL ATTRIBUTES
1. Attention to detail Monitors quality of others’ work.
2. Checks to see that procedures are followed by others.
3. Keeps clear detailed records of own and/or others’ 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.
3. Is able to prepare audit reports to specified standards including format, style and timelines with the need for minimal editorial changes.
4. Understands the need for monitoring of the results of audit assignments to enable the follow up of significant issues within an appropriate timescales.
5. 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.
CUSTOMER SERVICE ORIENTATION
1. Tries to understand the underlying needs of customers and matches these needs to available or customized products and services.
2. Adapts processes and procedures to meet on-going customer needs.
3. Utilises the feedback received by customers, in order to develop new and/or improve existing services/ products that relate to their on-going needs.
4. Thinks of new ways to align DBSA’s offerings with future customer needs. Analytical Thinking Identifies the cause-and-effect relationship between two aspects of a situation.
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English 
FRENCH
