First National Bank Holdings Namibia Limited Work Values

Daily Duties at First National Bank Holdings Namibia Limited:

Head Office Internal Auditor • Identified and documented control and process weaknesses for financial and operational audits; • Planned and executed internal audit procedures; • Compiled value-adding recommendations in audit reports. Manager Accounting Control • Prepared monthly management accounts, forecasts and the financial components of board reports for banking, insurance and asset management companies in the group; • Supervised the preparation of monthly performance measurement reports to all business units and cost centers (over 60 cost centers nation-wide) in the group; • Supervised the team responsible for the Head Office general ledger, transaction processing (4 subordinates). Staff Costs Manager • Coordinated budget preparation and financial planning for staff costs at Group level (staff compliment of 1700 employees, US $50 million annual budget); • Monitored monthly variances and provided monthly forecasts for Group staff costs; • Calculated Group salary increases using excel based financial models; • Resolved technical queries on employee income tax (using Namibian income tax legislation); • Prepared reconciliations of general ledger accounts and compiled monthly general ledger reports; • Prepared accounting records, adjusting journal entries and annual financial statements for the Employee Share Incentive Trust and the Employee Staff Assistance Trust in terms of IFRS 2; • Received special exposure in the following: a) Implementation of the new payroll system – data testing, parallel runs, checking for errors and correcting errors identified (moved from Unique payroll system to Simplexity payroll system); b) Reduction of accrued benefits liability relating to post retirement medical aid benefits (defined contribution) as determined by actuaries; c) Conversion from one employee grading system to another.

What they like about First National Bank Holdings Namibia Limited:

The social vibrance of a hiring firm is very important to you. Your ability to make and maintain friendships there is a critical part of your decision. You would likely be dissatisfied with a workplace that is quiet, cold, or otherwise not particularly social. When you investigate a new hiring company, ask recruiters, managers, and potential co-workers about the social life and opportunities there. This is especially important when you are relocating; moving dramatically alters your social sphere both inside and outside the workplace.

Tags

TeamMate, Internal Auditing, Risk Assessments, Risk based auditing, Audit ATMs, Audit Debit Cards, Audit Insurance Brokerage, Financial audits, External auditing, Financial accounting, IFRS, Financial modeling, Variance analysis, Corporate Tax Planning, Budgeting, Forecasting, General Ledger, Microsoft Word, Microsoft Excel, PowerPoint, Microsoft Outlook, Hyperion Essbase, MS Excel Pivot Tables, MS Excel Vlookups, Health Insurance, General Insurance, Internal controls, Project Management, Operational audits, Certified Internal Auditor

Skills

P&L responsibilities, Technology Solutions, Sales Support, Leadership , Audit and Internal Control, Budgeting & Forecasting, Corporate Accounting, Corporate Tax Planning, Financial Analysis and Management Reporting, Financial and Operational Audits, Financial Modeling, Fund Administrator Companies, General and Health Insurance, General Ledger, IFRS, Project Management, Risk Assessments and Risk Based Auditing, Staff supervision and training, System conversion, Variance analysis, Advanced Microsoft Excel (Pivot tables and lookup functions), Microsoft Outlook, PwC MyClient, PwC TeamMate, Hyperion Essbase, SAP, Pastel, ACCPAC, CaseWare

These are some of the questions we asked our climbers about their experiences with First National Bank Holdings Namibia Limited: