Product Control Analyst, Global Markets, CIB Finance

The candidate will be responsible for executing daily accounting operations, meticulously preparing ledgers and financial statements, and ensuring the accuracy and completeness of all financial data. A key part of the role involves actively participating in the audit process. This includes assessing potential risk exposures and implementing strategies for effective risk management and mitigation.

About the Opportunity

This position offers a chance to contribute to the finance function within a leading financial services group that has a significant presence across Africa and a notable international footprint. The organisation is dedicated to fostering growth on the continent and delivering substantial value to its diverse clientele, which spans from individual customers to large corporate institutions. Working in this environment provides an opportunity to collaborate with skilled professionals and engage with a wide array of career-advancing prospects.

The day-to-day responsibilities will centre on the diligent execution of accounting tasks. This includes:

• Performing daily accounting operations with precision.
• Preparing comprehensive ledgers and financial statements.
• Ensuring the absolute accuracy and completeness of all financial data collected and processed.
• Actively engaging in audit processes, offering support and insights.
• Identifying and assessing potential risks within financial operations.
• Developing and implementing measures to manage and mitigate identified risks.

What They're Looking For

To be successful in this role, candidates will need a strong foundation in finance and accounting, coupled with practical experience in product control within a banking setting. The ideal applicant will possess:

• A postgraduate degree in Business Commerce, Finance, or Accounting.
• A professional qualification such as CA(SA).
• Three to four years of experience in product control within a banking environment.
• A proven ability to collaborate effectively and build networks to resolve complex issues.
• Demonstrated experience in preparing ledgers and financial statements, alongside other relevant accounting practices.
• A track record of leveraging technical knowledge and data-driven arguments to influence outcomes and ensure accurate reporting.
• An in-depth understanding of finance operations capabilities and specialised areas, with growing knowledge of core products and business lines.

Behavioural competencies that are highly valued include the ability to articulate information clearly, challenge ideas constructively, meticulously check details, document facts accurately, examine information thoroughly, follow procedures diligently, manage tasks and meet timelines effectively, provide insightful analysis, pursue goals with determination, work collaboratively in a team, and maintain a positive outlook.

Technical skills should encompass a strong grasp of financial accounting, financial acumen, financial analysis, financial and accounting control, financial consolidation, interpreting financial statements, management accounting, preparing financial statements, reconciling financial records, and statistical and mathematical analysis.

In South Africa, a Product Control Analyst role with these qualifications and responsibilities typically commands a competitive salary, reflecting the specialised nature of the work and the requisite expertise. Such positions are commonly found within large banking institutions and financial services groups. Career progression in this field often leads to senior analyst roles, team leadership, or opportunities in financial planning and analysis, depending on individual career aspirations and performance.

Type of Qualification: Post Graduate Degree

Field of Study: Business Commerce, Finance and Accounting

Other Minimum Qualifications, Certifications or Professional Membership: CA (SA) 

Experience Required

3-4 years experience in demonstrated ability to collaborate and build networks to solve a range of complicated problems and analysing possible solutions.

3-4 years experience in demonstrated ability to prepare ledgers and financial statements and perform other relevant accounting practices.

3-4 years experience in Product Control in a banking environment.

3-4 years experience in demonstrated track record using technical knowledge, logical data driven arguments to influence people and the right reporting outcome.

3-4 years experience in developing in-depth knowledge about the Finance Operations capability as a whole and/ or in an area of specialisation, with growing knowledge of core products and business lines that are serviced.

Behavioural Competencies:

• Articulating Information
• Challenging Ideas
• Checking Things
• Documenting Facts
• Examining Information
• Following Procedures
• Managing Tasks
• Meeting Timescales
• Providing Insights
• Pursuing Goals
• Team Working
• Thinking Positively

Technical Competencies:

• Financial Accounting
• Financial Acumen
• Financial Analysis
• Financial and Accounting Control
• Financial Consolidation
• Interpreting Financial Statements
• Management Accounting
• Preparing Financial Statements
• Reconciling Financial Records
• Statistical & Mathematical Analysis