Vacancy

Assistant Management Accountant

Bank Windhoek

Bank Windhoek is recruiting an Assistant Management Accountant, to be based in Windhoek, Namibia.
Description
  • Responsible for effective and efficient execution of all day-to-day management accounting activities as well as the provision of support and assistance to the Management Accountant Officer and the Manager: Management Accounting with regards to management and control of the management accounting processes within the Bank
Duties
  • Management and Cost Accounting:
  • Assist with control over costs and expenditure for the Bank by drawing monthly reports to analyse and interpret exceptions
  • This includes following up on identified exceptions, obtaining satisfactory explanations and preparing a monthly report to the Manager: Management Accountant
  • Responsible for the preparation and interpretation of financial statistics to the branches and support units
  • This includes the preparation of monthly reports explaining possible reasons for adverse variances in reasonable time
  • Assist with accurate preparation of management accounts and distribution to business units/segments in a timely manner
  • Assist with the prevention of revenue leakages through the analysis and interpretation of monthly exception reports and reporting the leakages to the Manager: Management Accountant
  • Financial Planning and Budgeting:
  • Responsible for effective and efficient preparation and processing of all budget information on the accounting systems, e.g. SAP and TM1, in accordance with company rules, regulations, accounting principles and policies
  • Responsible for the input of information for the consolidation and preparation of the annual budgets, revised estimates and rolling financial forecasts for the Bank and its subsidiaries
  • Assists with the application of financial models in order to perform “what if” forecasting scenarios and financial options based on changing variables
  • Assist with the ongoing measuring and monitoring of actuals against budget to assess progress and to identify problem / risk areas and / or growth opportunities
  • Ensure adherence to all set deadlines related to the processing of all budget information
  • Pricing and fees:
  • Assist with analysing competitor pricing, assess market share and margins, and track customer engagement in order to gain a complete picture of effective pricing strategies for the bank
  • Assist with annual pricing review and updating the Fee Poster and Brochure in compliance with the Bank policy and BoN requirements and regulations
  • Assist with the preparing both written reports and visual presentations on transaction volume and pricing analysis findings at a monthly meeting, with insights, trends, and suggestions to appropriate committees and occasionally to executives
  • Special Projects:
  • Assist with the pre- and post-implementation evaluations of new and existing projects to confirm financial feasibility/outcomes Assists with the impact calculations of new revenue streams
  • Ensure that both internal and external customers are treated in a helpful, professional and friendly manner
  • Ensure that all day-to-day customer queries are handled in a timeous manner and feedback provided to clients
  • Responsible for performing other ad hoc duties as appropriate and as requested by Management Accounting Officer, Manager: Management
  • Accounting and Head: Management Accounting
  • Ensure effective and efficient completion and updating of all operational checklists in the department at all times and within set deadlines
Requisites
  • Experience/Knowledge & Skills:
  • At least 3 years’ working experience in the management accounting field preferably in the financial industry
  • Knowledge of accounting systems (SAP and TM1) and processing activities
  • Ability to work independently, take initiative and ownership
  • Ability to perform well under pressure, meet strict deadlines and deliver high quality of work
  • Must have an aptitude for detail and critical analysis with good problem-solving skills
  • Proficient in Microsoft Suite (Word, Excel and PowerPoint)
  • Good interpersonal relationship skills
  • Good verbal and written communication skills
  • Possess good time management, planning and organizing skills
  • Willingness to work extended hours when required
  • Qualifications:
  • Bachelor Degree in Accounting or equivalent from a recognised tertiary institution
  • AND
  • Completed articles at a reputable audit company
  • OR
  • Partly qualified management accounting professional
  • Experience in the banking sector will be an added advantage
  • Core Competencies:
  • Planning, Organising & Controlling
  • Persuasiveness
  • Assertiveness
  • Interpersonal Sensitivity
  • Organisational awareness
  • Problem Solving, Analysis and decision making
  • Insight/understanding
Notes
  • Only shortlisted applicants will be contacted

Details

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