• Assists in implementing policies and controls for compliance with International Financial Accounting and Reporting Standards. This includes ensuring that IFRS calculations are performed and all relevant entries are accounted for timeously.
• Assists in implementing policies and controls for compliance to statutory and regulatory rules. This includes compliance to Bank of Namibia requirements as well as ensuring that the relevant calculations are performed and accounted for timeously.
• Review of gazettes and liaise with Bank of Namibia / compliance to ensure accurate reporting and compliance. Communicate any deviances noted to the regulator.
• Perform all additional regulatory communications w.r.t. stress tests, audits, queries
• Continuous automation of all statutory returns to ensure timeous submission and accurate reporting. Automation will also ensure time spent on returns is reduced.
• Assist in planning/reviewing of items to ensure that we maintain adequate capital as prescribed by the regulator.
• Assist with any reporting to JSE.
• Assists with the resolution of external and internal audit findings.
• Ensure that the monthly, quarterly and bi-annual risk reporting for finance is done.

• Prepare the statutory returns for Bank of Namibia on a monthly, quarterly, half-yearly and annual basis and ensure timeous submission of returns.
• Ensure timeous submission of the quarterly, semi-annual and annual consolidated supervision returns.
• Ensure that all queries on statutory returns and reports are promptly resolved.
• Proactively investigate movements and liaise with other departments to resolve any queries promptly.
• Assist other departments with Bank on Namibia queries to ensure accurate and prompt reporting.
• Prepare the annual financial statements and tax calculations for the subsidiaries.
• Maintain the accounting records for relevant subsidiaries.
• Assist with the preparation and finalisation of the consolidated Bank Windhoek Annual Report.
• Prepare Namfisa submissions for subsidiary and ensure timeous submission.
• Assist with the calculation of IFRS accounting and preparing of the Management Accounts.
• Attend all IFRS 9 committee meetings to provide feedback on bad debt movements.
• Preparation of relevant monthly accounting reconciliations.
• Continuous automation of relevant monthly accounting reconciliations to ensure timeous submission.
• Update TM1 with the monthly TB and run consolidation for Group to complete their accounts. Prepare and post the bi-annual consolidation     journals on TM1.
• Perform recons on PWC invoices and ensure that their invoices are correct and in line with the audit budget. Report on any deviances.
• Assist the Financial Reporting Manager with ad-hoc tasks.

3. Treasury
• Ad-Hoc support: assist with treasury month-end to ensure accurate accounting records when the treasury manager is not available.

• Assists in coordinating and facilitating audits and information regarding external and Bank of Namibia audits and reviews.
• Liaise with external auditors for all queries relating to the subsidiaries.
• Liaise with all departments and assign responsibilities to each with deadlines to ensure timeous reporting to the external auditors

CORE COMPETENCIES:
• Deciding & initiating action
• Adhering to principles and values
• Applying expertise and technology
• Analysing
• Planning and organising
• Coping with pressures and setbacks
• Entrepreneurial and commercial thinking

• At least 5 years working experience in the financial accounting field
• Sound knowledge of International Financial Reporting Standards
• Knowledge of the Accounting systems and Processing activities
• Sound knowledge of VAT, Income Tax and Withholding Tax
• Ability to work independently
• Ability to work well under pressure and meet strict deadlines
• Must have an aptitude for detail and critical analysis
• SAP experience will be an added advantage
• Computer literacy essential (Word, Excel and PowerPoint)
• Excellent interpersonal relationship skills
• Excellent verbal and written communication proficiency in English

 

• Chartered Accountant qualification