ABSA CIMA Trainee Accountant Programme 2025

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In the realm of finance and accounting, ABSA stands as a beacon of excellence and innovation.. Known for its commitment to developing top-tier professionals, ABSA continues to pave the way for the next generation of financial leaders through initiatives like the ABSA CIMA Trainee Accountant Programme. As we step into 2025, this program remains a cornerstone in shaping the future of the industry, offering unparalleled opportunities for aspiring accountants to hone their skills and make meaningful contributions to the field.

About ABSA

ABSA, formerly known as the Amalgamated Banks of South Africa, is one of South Africa's largest financial services groups, offering a range of banking and wealth management services to individuals, businesses, and institutions. Founded in 1991 through the merger of several South African banks, ABSA has a rich history that dates back over a century. The bank's origins can be traced to the early 20th century when various regional banks were established across South Africa. Over the years, ABSA has expanded its footprint both domestically and internationally, solidifying its position as a leading financial institution on the African continent. Today, ABSA is known for its innovative banking solutions, commitment to customer service, and contributions to the economic development of South Africa and beyond.

About The ABSA CIMA Trainee Accountant Programme

In the Absa Chartered Institute of Management Accountants (CIMA) Trainee Accountant Programme, selected participants are guided on a journey to acquire the requisite experience and competencies for Chartered Accountant status within a three-year timeframe. Rotating through different departments of the bank every six months, trainees gain ample exposure and training opportunities. Absa places paramount importance on the professional and personal development of its trainees, embedding technical and professional training into their daily routines. Their growth is nurtured through coaching, mentoring, participation in conferences, and integration into the broader Absa Graduate Program (Gen A), enriching their learning journey.

Supported wholeheartedly by the Executive Committee (Exco), trainees are honoured and celebrated for their achievements. Quarterly engagement sessions, graciously hosted by Exco members, provide a platform for trainees to network with bank leadership. The programme generously covers exam fees and offers tailored study leave benefits. Upon completing the three-year practical experience and CIMA exams, trainees emerge as well-rounded Chartered Global Management Accountants (CGMA), ready to embark on a promising career trajectory.

Eligibility Requirements

To be eligible for the ABSA CIMA Trainee Accountant Programme 2025, candidates must meet the following criteria:

- Citizenship: Must be a South African citizen.

- Education: Must have completed secondary education.

- Qualification Completion: Ideal candidates should have completed their qualification after December 31, 2015.

- Current Enrolment: Should be enrolled in an Honours degree or higher in Financial Management, providing exemptions for CIMA Managerial level (objective tests P2, F2, and E3).

- Anticipated Qualification Completion: Must anticipate completing the qualification by March 31, 2024.

- Discipline: Must hold a qualification in Accounting and Auditing or Finance.

- Aggregate Score: Must have a minimum aggregate score of 55%.

- Qualification Completion Deadline: The qualification should be completed by March 31, 2025.

- Education Level: Must have attained at least an Honours degree or an equivalent qualification.

- Work Experience: Candidates should have less than two years of full work experience.

Skill Requirements

- Adaptability: The ability to adjust to new situations, environments, or changes in responsibilities with ease, flexibility, and openness.

- Attention to Detail: Being meticulous and thorough in tasks, ensuring accuracy and precision in work output to avoid errors or oversights.

- Conflict Management: Proficiency in resolving disagreements or disputes constructively, fostering positive relationships and maintaining a harmonious work environment.

- Continuous Learning: A commitment to ongoing personal and professional development, actively seeking opportunities to acquire new knowledge, skills, and expertise.

- Critical Judgment: The capacity to assess situations, information, or problems objectively and make sound decisions based on logical reasoning and analysis.

- Leading and Managing Change: Demonstrating leadership abilities in guiding individuals or teams through transitions, implementing changes effectively, and inspiring others to adapt.

- Meeting Leadership: Skill in organizing, facilitating, and leading meetings efficiently, ensuring objectives are met, discussions are productive, and participants are engaged.

- Negotiating and Mediating: Proficiency in reaching mutually beneficial agreements through effective communication, persuasion, and conflict resolution techniques.

- Presentation: The ability to deliver information, ideas, or proposals effectively to an audience, employing clear communication, engaging visuals, and confident delivery.

- Problem Solving: Aptitude in identifying, analysing, and resolving issues or challenges efficiently and creatively, using logical reasoning and innovative approaches.

- Resilience / Tenacity: The capacity to bounce back from setbacks, challenges, or failures, demonstrating perseverance, determination, and resilience in the face of adversity.

- Self-Awareness: Insight into one's own strengths, weaknesses, emotions, and motivations, fostering personal growth, adaptability, and effective interpersonal relationships.

- Social Responsibility: A commitment to contributing positively to society, communities, and the environment, demonstrating ethical behaviour, integrity, and accountability.

- Stress Management: Skills and techniques for coping with pressure, maintaining emotional well-being, and achieving a healthy work-life balance.

- Thinking Strategically: The ability to think analytically and conceptually, foreseeing potential outcomes, anticipating challenges, and devising long-term plans or solutions.

- Time Management/Priority Setting: Proficiency in organizing tasks, allocating resources, and prioritizing activities effectively to maximize productivity, meet deadlines, and achieve goals.

Job Benefits

Interns selected for the ABSA Operational Investment Administrator program can expect to receive the following benefits:

1. Hands-on experience in investment administration within a leading financial institution.

2. Exposure to a diverse range of investment products and strategies.

3. Mentorship and guidance from experienced professionals in the field.

4. Opportunities for networking and career development within the ABSA Group.

5. Competitive stipend or compensation package.

How to Apply

Applications for the ABSA CIMA Trainee Accountant Programme 2025 can be submitted through the ABSA careers portal or recruitment channels. The application process involves the following steps:

1. Online Application: Candidates are required to complete an online application form, providing personal details, educational background, and relevant work experience. Click here to apply

Application Deadline

Candidates should note that the deadline for submissions to the ABSA CIMA Trainee Accountant Programme 2025 is June 30, 2024. It is advisable for applicants to frequently monitor the ABSA careers portal and official communication channels for any changes or updates regarding application timelines and deadlines.

The ABSA CIMA Trainee Accountant Programme 2025 represents a gateway to a rewarding career in finance, offering unparalleled opportunities for growth, learning, and professional development. Aspiring accountants who meet the eligibility criteria and possess the requisite skills are encouraged to seize this opportunity to embark on a journey towards becoming future financial leaders with ABSA.


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