Accountant: Financial Strategy at South African Bureau of Standards (SABS)

Minimum Requirements

• National Diploma / Diploma in Management Accounting, Financial Accounting or a related field (NQF Level 6).
• 3 years relevant work experience in Management Accounting.
• Proven track record in processing journals and effective review of income and expenditure general ledger accounts.
• Proven track record in resolving CAPEX motivations.

Duties and Responsibilities

Functional Management

• Analyse and provide weekly sales information to Management Accountants.
• Gather and prepare data reports for sales trends analyses.
• Analyse, investigate and reallocate (where necessary) various income and expense account transactions.
• Gather data for the preparation of financial reports.
• Draw reports from the BI Tool for preparation of financial statements and statutory reports.
• Perform variance analysis on expenses.
• Prepare and process journals for reallocation.
• Manage the Procure-To-Pay process related to Financial Strategy within scope of control, in consultation with the Head.
• Analyse open expense requisitions and orders on a daily basis.
• Follow up with the administrators in the business on aging open orders and ensure closing of aging orders.
• Provide feedback to process owners on incorrect allocations.
• Perform ad-hoc Financial Strategy activities, within scope of control, as and when requested by management.
• Compile or provide input to key operational and strategic reports as required.
• Gather data for the compilation of budgets and forecasts.
• Perform trend and variance analyses on key revenue and expenditure items.
• Prepare final budget templates.
• Allocate all CAPEX motivations received from business to relevant Financial Strategy BU members
• Provide feedback to business on the progress of the CAPEX process
• Follow up and obtain progress on the acquisition of capital assets from the Supply Chain Management BU
• Review and resolve CAPEX motivations and queries where the value is R250 000 or less.
• Gather relevant data to monitor the returns from the acquired capital assets.

Risk and Compliance Management

• Assist in identifying and adhering to fraud controls, risk prevention principles, sound governance and compliance processes, and tools to identify and manage risks.
• Support and provide evidence to all internal and external audit and regulatory requirements.
• Maintain quality risk management standards in line with ISO and regulatory requirements.
• Maintain and enforce all related Service Level Agreements to minimise business risk and ensure business continuity.
• Adhere to all relevant laws, policies and Standard Operating Procedures throughout the organisation.

Stakeholder Management

• Build and maintain effective internal and external stakeholder relationships for the purpose of expectations management, knowledge sharing and integration, and to manage the organisation’s reputation.
• Represent and participate in the organisation’s committees and tasks teams when required.
• Convene and attend meetings and present relevant information stakeholders when required.
• Ensure efficient communication to all relevant stakeholders.
• Ensure the provision of excellent customer service.
• Resolve queries and problems within span of control and within agreed time frames.
• Follow up on unresolved queries, complaints where required.
• Liaise with relevant stakeholders regarding follow-up of information, as required