Financial Accountant
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Job Location:
Johannesburg - South Africa
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Reference: JHB000031-NM-1
To ensure that all financial accounting transactions reconciliations and practices cash flow projections statutory
requirements and year-end activities are executed effectively within the scope of control and aligned to
International Financial Reporting Standards
To ensure that all financial accounting transactions reconciliations and practices cash flow projections statutory
requirements and year-end activities are executed effectively within the scope of control and aligned to
International Financial Reporting Standards
Duties & Responsibilities
Job Purpose
To ensure that all financial accounting transactions reconciliations and practices cash flow projections statutory requirements and year-end activities are executed effectively within the scope of control and aligned to International Financial Reporting Standards (IFRS).Principal Accountabilities
1. Financial Accounting- Account for all financial accounting transactions and reconciliations.
- Ensure that all control accounts and sub-ledgers are reconciled and balanced.
- Review all reconciliations for accounts within the departments control including fixed asset accounts.
- Resolve all reconciling items promptly within agreed timeframes.
- Monitor balance sheet accounts and review reconciliations of all allocated business units/subsidiaries.
- Review and prepare monthly accrual journals and ensure accuracy of month-end reporting.
- Maintain reconciliations of all balance sheet accounts with supporting documentation.
- Manage fixed assets register and review capitalization processes.
- Conduct daily reviews of cash flow to ensure sufficient operational liquidity.
- Compile monthly cash flow projections and analyse key ratios to support decision-making.
- Upload and review supplier payments and debit order files.
- Ensure compliance with statutory reporting and tax requirements.
- Prepare quarterly and annual IFRS-compliant financial statements.
- Support internal and external audit processes and manage audit deliverables.
- Review and update accounting policies to ensure IFRS compliance.
- Manage the implementation of new accounting standards.
- Identify and adhere to fraud controls risk prevention principles and compliance processes.
- Support all internal and external audits and regulatory requirements.
- Maintain and enforce service level agreements to minimise business risk.
- Adhere to relevant laws policies and standard operating procedures.
- Build and maintain effective relationships with internal and external stakeholders.
- Represent the finance function in committees and task teams when required.
- Ensure efficient communication with auditors and finance teams.
- Provide excellent customer service and resolve queries within agreed timelines.
Organisational Environment
Vision:To build better lives for those with less through equitable investments that reduce poverty unemployment and improve lives across Africa.
Values:
- Fairness
- Selflessness
- Equal treatment
- Doing the right thing
- Integrity
- Accountability
- Professionalism
Problem Solving
- Result and deadline driven
- Attention to detail
- Structured problem resolution
- Analytical approach
Specifications
Qualifications (Minimum):- Matric
- BCom Degree or Equivalent
- AGA (SA) / CA (SA) - (Advantageous)
- Professional Accountant Certification (SAIPA)
- CaseWare
- SAGE or XERO
- MS Office Expert (Word Excel Outlook Teams PowerPoint)
- Knowledge of relevant legislation and regulatory frameworks
- Risk management practices
- Project management
- Asset management principles
- ERP systems (SAGE/XERO)
- Business acumen and numerical ability
- Effective communication and advisory skills
- Analytical thinking
- Ethical behaviour
- Excellence orientation
- Professionalism
- Stress management
- Interpersonal skills
- Organisational awareness
- Attention to detail
- Results-focused
- Strong communication and administrative skills
- Flexibility and adaptability
- Integrity and sound judgement
- Ability to work under pressure and meet deadlines
- Team player with influencing ability
Experience
- 35 years experience in a similar role
- Experience in the motor industry sector will be an added advantage
- Management and supervisory experience desirable
Foward application to
Key Skills
- SRP systems
- Financial Statement Preparation
- Accounting Software
- Hyperion
- Financial Report Writing
- GAAP
- General Ledger Accounting
- Accounting
- Regulatory Reporting
- Account Reconciliation
- SOX
- Financial Analysis
