Officer – Finance Business Support

Posted on :

21 Jun, 2016

Category :

Business Mgt Jobs in South Africa

Job Description

An exciting opportunity has arisen within our EMEA Chief Financial Office – a control function and valued business advisor, providing support in a range of areas including business unit finance; legal entity control and capital planning/regulatory reporting.

As an Officer – based in our South Africa Finance team – you will support the Equity, Fixed Income, Investment Banking and Corporate Banking business lines. The role is very much a ‘hands on’, execution related position and the role holder will be expected to liaise with a number of stakeholders, partners and sub-streams within the Finance function itself.

As The Officer Your Main Responsibilities Will Involve

  • P&L reporting on a daily basis
  • Posting of journals relating to month-end close in Oracle
  • Liaising with operations and offshore finance teams in clearing intercompany breaks
  • Substantiation of trading inventory balances
  • Preparation of ad hoc reports required by the management committee and board
  • Calculation and submission of various taxes on a monthly basis including VAT, STT and DWT
  • Ensure that monthly balance sheet substantiation processes strictly adhered to – establish and maintain best in class processes

As The Officer Your Skills And Qualifications Will Ideally Include

  • Strong accounting skills
  • Goal driven and proactive in dealing with matters; must display level of urgency in getting things done.
  • Good team player – able to work well within a small team
  • High proficiency in Microsoft Excel (Good knowledge on Pivot tables, V lookups, etc essential)
  • Adaptable and willingness of assist with duties not necessarily falling within the Finance ambit (i.e. BEE verification processes, contracts reviews and custody, etc)


  • JSE regulatory reporting experience is desirable
  • A good understanding of accounting systems – experience of Oracle Financials and SAP

About Bank Of America Merrill Lynch

Bank of America Merrill Lynch provides comprehensive market, industry, product and advisory expertise to more than 140,000 businesses around the globe. With unrivalled insight and access delivered by dedicated relationship teams, we connect clients with the right opportunities in more than 150 countries throughout Europe, the Middle East and Africa, Asia Pacific and the Americas.

Bank of America Merrill Lynch’s Europe, Middle East and Africa (EMEA) footprint comprises of 32 cities across 23 countries on three continents. The company is a long-established participant in the European markets, with a presence since 1922. Currently over 14,000 associates are based in EMEA. Globally, Bank of America Merrill Lynch serves clients and customers in more than 150 countries and has relationships with 99 percent of the U.S. Fortune500, nearly 96 percent of the Fortune Global 500 and 33 percent of the FTSE 100. Today, the company offers an integrated and comprehensive set of products and services across all businesses, serving the needs of individual, corporate, institutional and government clients, by combining the best of local knowledge and international expertise. Bank of America Merrill Lynch has a strategic and measured approach to its international development and is strengthening its business and infrastructure to create sustainable, long-term growth.

If you are interested in this opportunity please send your details to us by applying online with your CV.

We are an equal opportunities employer, and seek to ensure that no applicant is subject to less favourable treatment on the grounds of gender, marital status, race, religion or belief, colour, nationality, ethnic origin, age, sexual orientation, gender reassignment, responsibilities for dependants and physical or mental disability. The Bank selects candidates for interview and placement based on their skill set and ability to meet genuine business requirements of a particular role.

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