Head of Statutory, Regulatory and Management Reporting
Rand Merchant Bank
Total years of experience :13 years, 3 Months
I was promoted in January 2016 from Financial Manager to Head of Statutory, Regulatory and Management Reporting
Responsibilities:
• Managing a team of 7 people
• Ensuring financials are in line with IFRS and reporting in line with group instructions
• Review of EXCO reports, Audit Committee submissions and other management reports going out to business
• Review of junior staff members work
• Ensuring statutory reporting can be reconciled to management reports
• Seeing and managing the budget process from start to end
• Managing auditors and their requests during interim and year end audits
• Dealing with queries that come from Firstrand Group
• Ensuring targets are met and involved in the REM calculations
• Review and presentation of the monthly recons/Balance sheet report to Exco
Post articles I have been employed at RMB Corporate Banking. My role specifically entails Management Reporting.
Responsibilities:
• Compilation of management reports - Flash, Dashboards and RAPM’s on a monthly basis and meeting with business to discuss their financial and non financial results.
• Monthly consolidation of results
• Adhoc projects in terms of automating manual processes
• Processing of monthly journals and confirming intercompany transactions.
• Completing and coordinating of monthly statutory reporting to the Central Finance team.
• Preparation of monthly balance sheet reconciliations.
• Preparation of monthly sub system to GL reconciliations.
• Actively involved in the preparation of the budget analysis.
• Reviewing reports prepared by my team members.
• Enhancing of reports to meet business requirements
I have also been selected and given the opportunity by PwC to represent the South African firm on a Short Term Assignment (Secondment) to PwC USA (Philadelphia). I have served 3 months auditing specifically in the Asset/ Fund management sector. Listed below are the clients I have been involved in:
Client:
Stone Toro
VMS
Responsibilities on audit assignments:
• Coaching of junior team members.
• Project management.
• Managing teams and being able to liase between client staff and engagement manager and leader.
• Understand, evaluate and validate client controls and communicate deficiencies in controls.
• Auditing of financial statements to ensure they are free from material misstatement and in accordance with IFRS (US GAAP for USA clients audited).
• Compilation of reports presented to audit committees.
• Review of junior team members work.
• Build and maintain client relationships.
• Completion of junior staff appraisals to ensure accruate reflection of their work on audits.
• Documentation of work in accordance with PwC Audit Methodology.
I have served my audit articles at PricewaterhouseCoopers for 3 years specialising in Banking and Capital Markets. Listed below are the clients I have been involved in:
Client
FNB Homeloans
FNB eBucks
Absa Stockbrokers
Absa Capital Securities
Absa Regulatory Credit BA 200
Kagiso Ventures Limited
Mayibuye Group
Subjects studied include: Accounting Taxation Auditing Finance
courses: Subject (* Majors) Year Completed •Financial Accounting I * •Computational Mathematics I •Economics I •Commercial Law I •Business Statistics I 2005 •Financial Accounting II * •Business Communications •Business Information Systems II •Management Accounting and Finance II * •Economics II •Commercial Law II 2006 •Financial Accounting III* •Management Accounting and Finance III* •Taxation III* •Auditing III* 2007 •Financial Accounting III* 2008 •Financial Accounting IV* •Management Accounting and Finance IV* •Taxation IV* •Auditing IV* 2009