Regulatory Accountant

Recruiter:

Network Recruitment

Job Ref:

NFC018844/EV

Date posted:

Friday, September 16, 2022

Location:

Johannesburg, South Africa

Salary:

450000 Annually

SUMMARY:
A large banking group is in search of a Regulatory Accountant to join their team. The ideal candidate must have a B.Com and should preferably come from banking or financial services. There will be heavy emphasis on the preparation of monthly regulatory returns for submissions and ensuring the bank complies with the Bank Act and other relevant regulatory reporting frameworks. As such, Regulatory experience is non-negotiable.

JOB DESCRIPTION:

Job and Company description:

The company was founded over 200 years ago, withstanding global economic downturns and still growing strong. They have operations in a whopping 37 countries and dominates the global market share of deposits. Their services cover both personal and corporate banking, including loans and wealth management. The ideal candidate must have solid knowledge of banking regulations and Basel III. Knowledge of reporting systems (Banking / General Ledger / DIX) is absolutely crucial. The company is diverse and the incumbent will interact with colleagues across the globe, meaning over and above your technical skills, you will also have to be able to interact and work with people from different countries and cultures.
As Regulatory Accountant you will be responsible for:

Liaise with Bank-wide teams to collate all underlying information required as inputs into monthly and quarterly BA returns
Ensure timeous and accurate completion of all applicable returns
Reconcile and validate financial information compiled against performance reports prior to submission
Streamline and enhance the BA reporting process
Prepare variance analysis report for all major movements
Compile commentary for graph discussions when required
Facilitate approval of monthly BA099
Facilitate query resolution on returns
Compile key metrics, ratios and stratifications per Pillar III disclosure requirements
Ensure that the Bank’s website is timeously updated with the requisite information
Stay abreast of proposed amendments to applicable regulations
Prepare an impact analysis of changes based on the Bank’s operating environment
Drive testing and implementation of BA return changes on the Dix system
Ensure that all requests for information pertaining to quarterly, interim and annual audits are timeously completed
Maintain an audit file with relevant supporting documents on a proactive basis
Ensure all audit findings are appropriately addressed
Track and implement audit recommendations where applicable

Job Experience and Skills Required:

B.Com
Regulatory reporting non-negotiable
Knowledge of reporting systems (Banking/General Ledger/DIX)

NB! This job is now closed. You can apply for other jobs by uploading your CV.

Similar jobs you might be interested in:

Assistant Financial Controller
Location: Sandton
Salary: Market Related
Assistant, Financial, Controller,
1 day ago

Financial Controller
Location: Johannesburg
Salary:
If you're a finance professional with experience in consumer credit, collections, and financial controls, and you thrive in a fast-paced, regulated environment, this Financial Controller opportunity could be your next career move. Join a growing financial services business where accuracy, accountability, and operational excellence are at the core of success.This role is responsible for overseeing ...
4 days ago

IFRS 17 Accountant
Location: Johannesburg
Salary: 800 000 Annually
Are you a technically minded CA(SA) who thrives on solving complex financial reporting challenges? An established and highly specialised insurance business is looking for an IFRS 17 accountant to join its finance team.This organisation operates within the specialist insurance sector, delivering innovative insurance solutions across multiple markets. The environment is fast-paced, intellectually st...
4 days ago

Financial Accountant
Location: Midrand
Salary: 30000 Monthly
Looking for a technically strong Financial Consultant who thrives in a fast-paced environment and enjoys taking ownership of the full accounting and reporting cycle. This is an excellent opportunity to join a dynamic organisation on a 3 -month to perm contract, where your expertise will contribute directly to accurate financial reporting, cash management and finance operations.
4 days ago

Accountant
Location: Centurion
Salary:
accountant - Legal Services - Centurion
4 days ago

Energy and Risk Accountant
Location: Pretoria
Salary: Monthly
We are seeking an Energy and Risk accountant to manage financial accounting, risk measurement, and control activities relating to energy trading, inventory, pricing, and market risk within the downstream oil and gas value chain. The role ensures accurate financial reporting, effective commodity risk management, and compliance with IFRS, internal controls, and South African regulatory requirements.
5 days ago

Pension Fund Accountant
Location: Johannesburg
Salary: Annually
Large Retirement Fund seeks Fund accountant based in Sandton.The successful candidate will provide independent oversight of the Funds' financial management and accounting performed byoutsourced service providers. Financial OversightInvestment Accounting and Fee OversightExpenditure and Service Provider Financial ManagementReportingStakeholder and Service Provider Relationship ManagementAudit,...
5 days ago

Financial Controller
Location: Johannesburg
Salary: Annually
A leading property organization is seeking an experienced Financial Controller to take ownership of the full finance function across a dynamic and growing group of companies.
8 days ago

Accountant
Location: Johannesburg
Salary: 800 000 Annually
Are you a technically strong CA(SA) with a passion for solving complex accounting challenges? A highly specialised insurance group is seeking an IFRS 17 accountant to join their dynamic finance team. Operating within a niche insurance environment, this organisation partners with underwriting management agencies to provide commercial, guarantee, trade credit, and specialist insurance solutions...
8 days ago

Fund Management Executive
Location: Centurion
Salary: Monthly
One of our clients is looking for a Fund Management Executive who oversees and heads up the Fund in terms of recording and statutory reporting and ensures that finance activities are carried out accurately and timeously. This role provides reports to legislative and regulatory bodies, the Board, Board Committees, Exco, and all other stakeholders as required.
9 days ago

Regulatory Accountant

Similar jobs you might be interested in:

Create a free job alert for Regulatory Accountant in Johannesburg

Jobseekers

Recruiter

General