Absa: Trust Officer

by

Job Opportunity: Trust Officer

Company: Absa Bank Limited


Location:Pretoria

(Hybrid)
Employment Type: Full-Time

About Absa

Absa Group Limited (“Absa Group”) is listed on the Johannesburg Stock Exchange and is one of Africa’s largest diversified financial services groups. With over 100 years of rich history, Absa offers personal and business banking, corporate and investment banking, wealth and investment management, and insurance services across multiple African countries.

The Group operates in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia, with insurance operations in Botswana, Kenya, Mozambique, South Africa, and Zambia. Absa also has representative offices in China, Namibia, Nigeria, the United States, and securities entities in the UK and US.

Empowering Africa’s tomorrow, together… one story at a time.

Job Summary

To process financial transactions accurately and timeously, in line with predefined objectives and standard operating procedures (SOPs).

Key Responsibilities

Financial & General Administration

  • Attach supporting documentation (credit approvals, authorisations, invoices, spreadsheets) for audit purposes
  • Provide regular management information (e.g., invoices paid) to Line Manager
  • Resolve document-related queries within 24 hours and escalate unresolved matters
  • Maintain financial records and files systematically
  • Handle ad-hoc queries from stakeholders (Group Tax, Private Bank Management)
  • Perform general administration duties relating to finance

Reporting & Compliance

  • Prepare weekly, monthly, and quarterly reports and explain variances
  • Ensure timely and accurate financial reporting obligations are met
  • Prepare Business Unit Procure-to-Purchase monthly reports and resolve discrepancies
  • Assist in Annual Financial Statements preparation
  • Keep up to date with changes to Companies Act, Tax laws, IFRS, and other standards
  • Prepare VAT packs monthly and submit to Group Tax
  • Ensure compliance with Risk Management principles and policies
  • Prepare attestations for Financial Manager, CFO, and Managing Executive

Reconciliation & Budgeting

  • Prepare monthly reconciliations for all accounts in line with Accounts and Reconciliation Policy
  • Reconcile bank statements, miscellaneous transactions, and government services accounts
  • Assist in budget preparation (monthly/quarterly)
  • Conduct daily control account reconciliations and resolve deviations
  • Address and clear outstanding reconciliation items

Education & Requirements

  • Minimum Qualification: Further Education and Training Certificate (FETC) in Financial Sciences (Required)
  • Knowledge of financial administration, compliance, and reporting
  • Strong analytical, organisational, and communication skills

Employment Equity

Absa Bank Limited is an equal opportunity, affirmative action employer. In line with the Employment Equity Act 55 of 1998, preference will be given to candidates from designated groups whose appointment will contribute to workforce diversity and equitable representation.

Absa Bank Limited reserves the right not to make an appointment for this position.

Application Details

Remote Type: Hybrid
Location: Umhlanga


Closing Date: 30 August 2025 (6 days left to apply)


Apply Online: [Absa Careers Portal]

Apply Here

Leave a Comment