Moloko Leshabana
Product Controller
Johannesburg
Summary
Results-driven Product Controller experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings, financial instruments, IFRS accountings standards, risk management, financial technology, Regulatory reporting and asset management. An organized and dependable candidate successful at managing multiple priorities with a positive attitude and willingness to take on added responsibilities to meet team goals.
Overview
2
2
years of professional experience
Work History
Product Controller
ABSA Group
Johannesburg, South Africa
05.2023 - Current
- Ensured accurate financial reporting through careful evaluation of P&L statements for product lines.
- Implemented robust internal controls in compliance with company policies and regulatory requirements, ensuring accurate financial data related to products under control.
- Maintained open communication channels with key stakeholders, ensuring timely and accurate sharing of relevant financial information related to products under management.
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
- Created financial dashboards to provide insights into key performance indicators.
- Established and checked coding procedures, monitored reports and updated internal files.
- Supported annual budgeting process by preparing detailed forecasts for revenue, expenses, and capital investments pertaining to specific products or product lines.
- Enhanced operational efficiencies by automating manual processes involved in product costing and revenue recognition activities.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Established strong working relationships with internal audit teams, facilitating smooth audits and proactively addressing any potential issues identified during reviews related to product control activities.
Junior Specialist: Fund Accounting
Absa Bank Limited
Johannesburg, South Africa
02.2023 - 04.2023
- Junior Accounting Specialist for ETF’s and Indexed Products
- Provided specialist advise and support in the preparation of financial statements which are accurate and complete and in line with relevant legislative requirements, through the execution of predefined objectives as per agreed SOPs
- Statutory & Regulatory Reporting: Produced various financial and non-financial reports for regulatory bodies on a annual and quarterly basis
- Completed all monthly reconciliations within the set deadlines by Group Finance so that reconciliations and Journals are correctly prepared for monthly reporting and audit purpose.
- Investigated daily variances and corrected errors to resolve discrepancies.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Coordinated with external auditors to resolve discrepancies.
- Compiled general ledger entries on short schedule with 100% accuracy.
Finance Management Intern
Absa Bank Limited
02.2022 - 01.2023
- Intern- CIB Product Controller for ETF’s and Indexed Products Responsibilities: - Reporting to front Office Traders and Compliance team for Historical pricing and valuation of ETF’s and ETN’s
- Ensure that daily PnL is accurately reported to front office and reconciled between PnL tools and management reporting tools - Ensure that relevant PnL and balance sheet positions are correctly reported at monthend and that the applicable reconciliations have been completed and all issues resolved/identified
- Payment’s approval, valuation and keeping count of commodity-based ETF’s - Create new portfolios on request and doing daily valuations using the Marble system
- Analyse data from administrators, to verify holdings, caption of distributions and Net Asset Value
- Daily routines included Checking movements and reconciliation of the Nat Asset Value file with 15 ETF portfolios
- Compiling the Benchmarks for all funds, using historical pricing data and relating currencies
- And uploading the data on the Absa Index and Structured Solutions (AISS) website
- Together with the NAV file and ETN historical data
- Compiling Asset Information for all ETF funds, with a NAV comparison and a daily cash report
- Using a Fintech system to do a NAV comparison and valuation of funds
- Monthly Journal reporting and consolidation
- Compile listing letters for redemptions and creations to the JSE, and announcements letters for constituents added to the funds
- Compile a quarterly FSCA report and rebates
- Preparation of the Fair Value Calculation for monthly reporting.
Education
Bachelor of Commerce Honours in Investment Management -
University of Johannesburg
Bachelor of Commerce in Finance - Accounting And Finance
University of Johannesburg
National Certificate of Banking - undefined
NoviaOne Group
undefined
Mokomene Secondary School
Skills
Financial analysis and reporting
Accounting management
Compliance Assessment
Financial Information Systems
Written Communication
Microsoft Excel
Asset Control
Personal Information
- Criminal Record: None
- Marital Status: Single
Timeline
Product Controller
ABSA Group
05.2023 - Current
Junior Specialist: Fund Accounting
Absa Bank Limited
02.2023 - 04.2023
Finance Management Intern
Absa Bank Limited
02.2022 - 01.2023
Bachelor of Commerce Honours in Investment Management -
University of Johannesburg
Bachelor of Commerce in Finance - Accounting And Finance
University of Johannesburg
National Certificate of Banking - undefined
NoviaOne Group
undefined
Mokomene Secondary School