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.
