Overview of salaries statistics of the profession "Audit Manager in Johannesburg"

Requisition and Talent Acquisition Consultant DetailsREQ : Twanette CoetserPipeline AdvertLocation and ClusterTotal Business Banking and Retail : CDR : Risk CollectionSandton, GautengCareer StreamCredit CollectionsLeadership PipelineManage Self ProfessionalManager Credit Risk Portfolio ManagementJob PurposeTo provide client service by applying sound credit risk management principles with approved credit mandates through management of a designated portfolio of clients across multiple products enabling Nedbank to reduce the cluster impairment charge with the view to rehabilitate the client, in line with the business or individual turnaround strategy.Key DeliverablesCredit and Credit Riskassessment and collections of arrears/excesses of all products namely Current Accounts, Savings Accounts, Home Loan accounts, Commercial and Industrial Property, Personal Loan accounts, Term loans and Asset Based Finance motor vehicles/yellow goods.Job Responsibilities:Approve annual review of facilities by making decisions based on the credit risk policy guideline and credit norms in conjunction with relevant Nedbank strategy and the analysis based on the information provided.:Analyse/Assess individual and juristic financial statements.:Develop client exit or rehabilitation strategies by conducting inter:alia review of client facilities.:Ensure policies and processes are followed within mandated signatories including checking and confirming the sign:off.:Ensure policies and procedures are followed by reviewing recommended submissions from other parties.:Manage default accounts timeously by obtaining acceptable repayment arrangements or handover portfolio to legal collections.:Approve funding by making decisions based on the credit risk policy guideline and credit norms in conjunction with relevant Nedbank strategy and the analysis based on the information provided. :Give an overview of the book by developing and preparing portfolio review presentations based on Management Information Systems (MIS).:Adapt to changes in Legislation by enforcing the compliance to the changes.:Ensure clean audit in area of responsibility by enforcing adherence to bank policies, process and procedures and industry regulations.:Implement sound credit risk management by providing advice on specialized credit risk matters to cross functional teams and direct reports, where applicable:Recommend enhancement to processes by constantly seeking innovative improvements to the credit systems.:Motivate staff where applicable to perform and contribute to the success of the business by creating environment of teamwork through engaging with staff (sharing information) and encouraging participation in decision making processes Minimum Experience Level:Minimum 5 years experience in a Credit role in a Banking environment:Minimum 5 years experience Analysingand Assessingindividual and juristic financials.Preferred Qualification:Successfully compelted NQF Level 6 of Higher in a Finance or Credit:related fieldTechnical / Professional Knowledgestylemargin:top:0.0;margin:bottom:0.0::Business administration and management:Change management:Client service management:Communication Strategies:Financial Accounting Principles:Governance, Risk and Controls:Organisational systems:Principles of project management:Strategic planning:Management information and reporting principles, tools and mechanisms::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: the Nedbank Recruiting Team at +27 860 555 566

Requisition and Talent Acquisition Consultant DetailsREQ : Twanette CoetserPipeline AdvertLocation and Cluster Total Business Banking and Retail : CDR : Risk CollectionSandton, GautengCareer StreamCredit CollectionsLeadership PipelineManage Self ProfessionalManager Credit Risk Early CollectionsJob PurposeWe are looking for aManager Credit Risk Early Collections(without direct reports)to provide client service by applying sound credit risk management principles in our early collections space through management of a dedicated portfolio thereby enabling Nedbank to reduce the RRB impairment charge with the view to rehabilitate, in line with the business strategy.Key Deliverables Daily contact with clients and bankers to remediate portfolio across all client portfolio of accounts.Credit and Credit Risk assessment and collections of arrears/excesses of all products namely Current Accounts, Savings Accounts, Home Loan accounts, Commercial and Industrial Property, Personal Loan accounts, Term loans and Asset Based Finance (motor vehicles/yellow goods.Job Responsibilities:Manage default accounts timeously by obtaining acceptable repayment arrangements or handover portfolio to Legal collections.:Ensure clean audit in area of responsibility by enforcing adherence to bank policies, process and procedures and industry regulations.:Managing and preparing portfolio review presentations based on Management Information Systems (MIS).:Implement sound credit risk management by providing advice on specialized credit risk matters to sales.:Ensure efficient work ethic and achievement of business unit strategies and goals by proposing innovative ideas to enhance Business processes that facilitate customer experience.:Provide feedback daily/weekly/ monthly:Meet clients expectations by resolving queries within turnaround times.:Build and maintain effective working relationships by attending regular staff meetings and team building sessions.:Build strong relationships with bankers by providing upskilling advice on credit processes, policies and documentation.:Sharing knowledge with all stakeholders.:Manage own efficiency by drafting and implementing teams strategies.:Enhance processes by constantly seeking innovative improvements to the credit systems.:Adapt to changes in Legislation by enforcing the compliance to the changes.:Address issues raised in culture surveys by participating in the development and implementation of action plans.:Create a client service culture through various required interventions.:Support and encourage staff to participate and support corporate responsibility initiative.:Achieve operational excellence by supporting the implementation of business optimisation improvement through team engagement.:Generate innovative ideas and share knowledge.Minimum Experience Level:Minimum 5 years experience in a Credit role in a Banking environment:Minimum 5 years experience collecting Arrears or Excess accountsPreferred Qualification:Successfully compelted NQF Level 6 of Higher in a Finance or Credit:related fieldTechnical / Professional Knowledgestylemargin:top:0.0;margin:bottom:0.0::Business administration and management:Change management:Client service management:Communication Strategies:Financial Accounting Principles:Governance, Risk and Controls:Organisational systems:Principles of project management:Strategic planning:Management information and reporting principles, tools and mechanisms::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: the Nedbank Recruiting Team at +27 860 555 566

Requisition Details and Talent Acquisition Consultant REQ : Michelle ThabetheJob FamilyRisk, Audit and ComplianceCareer StreamEnterprise Wide Risk ManagementLeadership PipelineManager of othersJob PurposeThe Margin Analytics function plays an important role in Nedbank in terms of unpacking the Group and cluster:level net interest income (NII), interest earning assets (IEA) and net interest margin (NIM). The Senior Manager: Margin Analytics is responsible for managing the margin analytics processes and associated reporting into the various executive committees and public disclosures.The Margin Analytics function works closely with the Funds Transfer Pricing (FTP) team to keep abreast of the movements in the FTP rates and changes in methodology that will impact NIM and similarly with front:line clusters to unpack and understand the movements in client rates and any changes in inter alia strategy.The Senior Manager: Margin Analytics will be responsible for supporting the Executive: Funds Transfer Pricing and Margin Analytics with quantitative and qualitative tasks pertaining to Group and cluster:level NII, IEA and NIM and other Asset and Liability Management processes.Outputs (deliverables)Retrospective and Prospective Group NIM Analysis and Reporting:Responsible for analysing and reporting the drivers of Group and cluster:level NII, IEA and NIM movements through various reporting periods.:Managing the reporting of NIM analytics in public disclosure documents, e.g. results booklets. Support the Nedbank leadership team to present NIM to the market by raising key items, offering good insights and relevant analytics in a timely manner.:Collaborating with front:line clusters to, retrospectively and prospectively during the forecasting process, unpack the key drivers of movements in their funding and credit spreads and together with the FTP team liaise with front:line clusters to share information about movements in FTP rates and how it could be impacting their funding and credit spreads, endeavouring to have a consistent message being landed at the various management meetings. :Build strong relationship with and add value to front:line clusters through insightful engagements and analytics tools that BSM avail to ultimately ensure that the BSM Margin Analytics team is a partner of choice for front:line clusters.:Continuously optimising and automating NIM processes to ensure world:class reporting with key insights with maximum time spent on analytics and value:add.:Produce Group and cluster level NIM analytics over the forecasting period and enable constructive discussions to ensure that Strategic Portfolio Tilt, other Alco and management strategies and changes in the FTP methodology is correctly incorporated into the forecasting process.:Manage all other daily, weekly, monthly and adhoc responsibilities of the Margin Analytics team.:Keep abreast of market, accounting and strategy changes to anticipate and report the impact it could have on Group NII, IEA and NIM in a timely manner.Comprehensive Peer Analysis:Complete detailed peer analysis, including right:sizing analytics, by unpacking the NII, IEA and NIM drivers of the peer group as disclosed to the market and comparing it to the drivers in Nedbank.:Collaborate with Group Risk to overlay the Credit Loss Ratio and provide key insights to stakeholders.Contribute positively to the greater FTP and Margin Analytics and BSM team:Active involvement in the running of some of the key FTP processes to promote synergy in the greater team, reduce key:person dependency and encourage cross:skilling in the team.:Engage with the FTP, Interest Rate Risk in the Banking Book and BSM Finance teams on key developments, projects and strategies that will impact NII, IEA and NIM.:Role model human:centered leadership and values driven, ethical behaviour in Nedbank. Contribute posi

We are seeking an experienced Financial Manager to join our extraordinary team. As a key member of our organization, you will play a pivotal role in overseeing financial operations, driving strategic initiatives, and contributing to the overall financial health and success of the company.If you are a seasoned financial professional with a proven track record of excellence, we invite you to apply and be part of our dynamic and forward-thinking team.Duties and Responsibilities:Manage the financial management process of the business including timeous and insightful commercial reporting, accurate and timely submission of statutory, tax and other returns.Preparation of budgets and forecasts and monitoring of financial, strategic and operational KPI’s.Ensure the recording and reporting of transactions (valid, accurate and complete) to measure the financial performance as well as reflect the financial position of the company.To Manage the Internal Control Environment, ensuring a robust control environment in order to protect company assets and enable accurate and complete financial reporting.ReportingReport on the financial performance and position of the business to BSure Africa management, the group management, regulatory authorities and relevant stakeholders as required.Ensure accurate and timely preparation of the Annual Financial Statements of -Sure Group Holdings.Oversee input into the interim and annual reports of the group.Prepare the financial reports for the BSure Group Holdings board of directors.Financial ManagementEnsure complete and accurate recording of revenue and expenses in the general ledger (allocations, timing etc) and monitor expenses to budget and forecast.Manage expenses through authorisation, adjusting or redirecting expenditure.Ensure monthly processes are completed in a timely manner, for reporting and close off to comply within the group deadlines.Review and improve revenue and expense recording processes where relevant.Track performance of the business against target via dashboards and KPI measurements.Ensure complete and accurate recording of reserves in the general ledger.Look for operational efficiencies within the company leading to cost saving opportunities.Maintain Internal ControlsEnsure the operating effectiveness of internal controls (finance and business where a breakdown in controls may result in a negative financial impact).Design and implement controls where controls are absent and / or deficient.Prepare and support the business where appropriate for internal and external audits.Address audit findings relating to finance and ensure that adverse findings relating to other business areas are addressed by the relevant Manco member.Ensure documentation is maintained and adhered to for accounting policies, limits of authority and accounting procedures and controls.TaxationAssist in the accurate computation of tax for B-Sure Group Holdings.Create plans to obtain tax efficiencies.Ensure adequate controls on tax computation and processes.Ensure the accurate and timely submission of tax returns of the B-Sure Group Holdings.Ensure Solvency of the BusinessMonitor the solvency and capital adequacy of B-Sure Group Holdings.Analyse underlying drivers of capital and solvency, identify necessary structural changes for the long-term solvency of the business.Provide input to Group team on solvency and Solvency Capital Requirement.Ensure timely and accurate reporting to the regulator regarding solvency.Working Capital and Cash FlowManage and monitor the working capital cycle and ensure that the business has sufficient liquidity to meet obligations including distributions to the companies within BSure Group Holdings.Budget and ForecastsResponsible for the budget and forecast process in line with the requirements of BSure Group Holdings.Compile the budget presentation within the timeframes stipulated.Communicate the final revenue and expense and forecast to all department relevant managers.Constantly assess the budget and forecast process and implement improvements where necessary.Leadership and People ManagementEnsure team and individual objectives are defined and measurable, and that they are aligned to the organisational objectives.Manage, support, inform, mentor, motivate and develop the finance team.Promote a high-performance culture.Continuously improve general employee retention and engagement to optimise people productivity.All meetings/conference should be adequately prepared for: put actions plans together; discuss challenges, PowerPoint presentations, etc.Attend all meetings and action/follow up on minutes from all meetings and or conferences.All other assigned duties.Minimum Requirements:Registered Chartered Accountant (CA) in South Africa3 – 5 Years post qualifying experienceExperience in managing a diverse teamArticles completed at one of the big four is advantageousFinancial services experience or experience working in the insurance sector is beneficial

Requisition Details and Talent Acquisition Contact REQ 132688: Tshego SemenyaLocation: JohannesburgClosing date: 12 March 2024ClusterGroup Internal AuditCareer StreamAuditingLeadership PipelineManage Self ProfessionalPositionAudit Portfolio Manager: CIB Model Risk (Market Risk)Job PurposeTo deliver on the annual audit plan thereby providing reasonable assurance to stakeholders that key risks are being mitigated through adequate and effective management controls in accordance with Group Internal Audit (GIA) methodology.Each model audit assesses: model design, model documentation, quality of model inputs and data, model implementation (usage) and model governance. It assesses the following models::Credit risk models:Market risk models :IFRS9 Models:Pricing models:Liquidity risk models:Pillar II Risk Models:Stress testing models:Regulatory and Economic capital models:Financial Crime Risk ModelsThe successful candidate will also, as part of the audits, be required to interact with the relevant divisional teams in order to inform the scope of the assignment to be embarked on.Job Responsibilities:Reviewing key aspects of each model under review: model design, model documentation, quality of model inputs, model implementation and model governance:Performing audit fieldwork in terms of the audit program.:Documenting the audit testing performed.:Stakeholder engagements on audit issues identified.:Drafting of audit report: including executive summary and detailed audit findings.:Evaluating and monitoring of corrective actions taken to address control weaknesses identified.:Attendance of key risk committee and technical risk committee meetings where relevant:Interaction with the regulating authorities on model related matters.:Maintaining awareness of risk issues and changes across business units within Nedbank Group, as well as the Financial Industry:Seeking out internal and external best practice information to improve the quality of audits and provide customers with world:class perspectives and solutions.:Reporting significant issues related to the processes for controlling the activities of the Group whilst considering key/or emerging risks in annual audit plan.:Ensuring continuous improvement of the quality of audits through providing professional insights;:Providing insights from the outcomes of internal audit work to appropriate governing bodies, including the GAC and Board Risk Committee.:Maintaining an open and constructive relationship as a Trusted Advisor with senior internal and external stakeholders including Institute of Internal Audit, SARB, External Audit and Business Executives.:Building rapport and understand client current business reality, requirements, risks, and expectations and consider key and/or emerging risks in annual audit plan.:Ensuring that billable hours, budgets, and resources are optimally planned, and quality audits are delivered.Minimum Experience Level:3 years + extensive experience in model development, testing and validation or Model/Quantitative risk Audit (preferably within the banking or similar financial services industry);:Ability to operate independently with minimal supervision;:Knowledge of statistical, financial, risk and quantitative methods;:Proficiency in programming software packages such as SAS, SQL, R, VBA, PYTHON and MATLAB.:Understanding of credit, operational, market and liquidity risk models as defined by Basel II and III will be advantageous:A comprehensive understanding of relevant financial services regulatory frameworks and compliance requirements as well as practical experience of these.:Knowledge relating to Corporate Investment Banking including Market Risk.The following additional experience is preferred::Extensive internal/external audit and / or risk management experience in banking;:Actuarial an

Our well know Transport Company client based in Lindbro Park, Sandton has an opportunity for an EE experienced Remuneration Manager.Minimum Requirements:The ideal applicant will possess the following:-Tertiary qualification and/or relevant payroll related qualification.10 years relevant Payroll management experience of which at least 3 must be in a managerial payroll role.Advanced Payroll tax knowledge and experience.Solid financial and accounting acumen.Extensive knowledge / hands-on experience of Payroll and Time & Attendance systems (Unique / Payspace payroll experience at parameter level is a prerequisite).In-depth knowledge of the relevant Labour laws i.e. LRA, BCEA, COIDA, OSHA, POPI, INCOME TAX ACT, Wage Determination Act, as well as Bargaining Council Agreements and Payroll best practices.Code 08 (EB) drivers’ license.Advanced MS Office, particularly Excel.Excellent written, verbal and organizational skills.Detail oriented, able to multitask and meet deadlines.Duties and Responsibilities:Essential Duties and Responsibilities, including, but not limited to:Maximising the effectiveness and efficiency of payroll processing, procedures and controls,including the streamlining and automation of processes.Regularly monitor and assess / audit integrity of payroll systems / rules / calculations and application of legislation.Conduct Payroll reviews and ensure accuracy of input and payments.Implementation of remuneration policy, philosophy and practices.Leading and managing the payroll team.End-of-months and end-of-year and end-of-tax year payroll reporting, including financial reporting, provisions and reconciliations.Develop, implement, mentor and train by continuously improving and writing payroll policies, procedures and administrative processes as well as internal workflows and processes.Compiling and managing a departmental budget and monitoring against actuals.Management of the Payroll and Time & Attendance systems and interfaces to and from systems.Ensure compliance of recordkeeping and data processing procedures.Develop and maintain sound communication and relationships with internal as well as external stakeholders.Ensure all deadlines are met according to year plan and legal prescriptions, at agreed set dates, standards and levels of accuracy.Ensure legal compliance on all aspects of the payroll functions.Develop and participate in strategy setting and specific Payroll projects.Compile risk assessment in the departments and implementing solution to mitigate risk.