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:

Financial Controller
Location: Midrand
Salary: 950000
We are excited to announce a premier opportunity for an experienced and dynamic Financial Controller to join an organization that’s renowned for its innovation and market leadership. As a publicly listed company, they uphold the highest standards of financial integrity, transparency, and regulatory compliance. This role offers a unique platform for a seasoned financial professional to contri...
2 days ago

Financial Manager
Location: Johannesburg
Salary: 1200000 Annually
If you're ready to take the next step in your career and make a lasting impact in the distribution industry, apply now to join this team as a Financial Manager!
5 days ago

Group Accountant
Location: Johannesburg
Salary:
We are seeking a Group accountant, a meticulous professional, to spearhead the accurate and punctual consolidation of financial reporting for our esteemed company and its subsidiaries. This role will play a pivotal part in elevating the quality and uniformity of data from multifaceted sources.
5 days ago

Cost and Management Accountant
Location: Johannesburg
Salary: 500 000 Annually
Job Description and Overview: The duties of a Cost and Management accountant will include monitoring spending, performing cost analyses, analysing financial data, and offering management advice on how to make decisions. To guarantee accurate financial reporting and the implementation of cost control measures, you will collaborate closely with multiple departments.
6 days ago

Group Financial Reporting Accountant
Location: Johannesburg
Salary: 1100000 Annually
Are you passionate about advancing your career in accounting? Do you thrive in a dynamic and collaborative work environment? If so, our client invites you to embark on an exciting journey with us as we seek a talented and committed Group Financial Reporting accountant to join their esteemed team.
7 days ago

Payroll Accountant
Location: Johannesburg
Salary: 550 000
Are you an experienced payroll professional looking for a challenging opportunity in a dynamic environment?
9 days ago

Financial Accountant
Location: Johannesburg
Salary:
An exciting opportunity for CA(SA) in Financial Services! Are you a dynamic and experienced CA(SA) looking for a challenging and rewarding role in the financial services industry? Take your career to new heights!
9 days ago

Group Financial Reporting Accountant
Location: Johannesburg
Salary: 1100000 Annually
Attention All Group Financial Reporting accountants!
10 days ago

Financial Accountant (CA(SA))
Location: Johannesburg
Salary: R600 000 Annually
As an industry leader in offering accounting and financial services to both individuals and corporations, this is a business dedicated to providing outstanding service and tailored guidance to assist our clients in reaching their financial objectives. This business is looking for a Financial accountant to join them.
10 days ago

Finance Manager
Location: Pretoria
Salary:
Steer Financial Success, Navigate with Precision!
12 days ago

Regulatory Accountant

Similar jobs you might be interested in:

Create a free job alert for Regulatory Accountant in Johannesburg

Jobseekers

Recruiter

General