Assistant Acountant at Netcare

KEY WORK OUTPUT AND ACCOUNTABILITIES
OPERATIONAL EXCELLENCE

NETCARE 911 WORK RESPONSIBILITIES
Creditors Reconciliations and Payment Proposals

• Ensure that the invoice verification process (MIRO) for the creditors’ invoices has been processed on SAP and that the VAT is correctly accounted for.
• Ensure that the creditors reconciliations have been prepared, reconciling the invoices payable to the supplier statements.
• As part of the reconciliation process, advise the suppliers of any payments that have been made but have not been allocated to the relevant invoices.
• Ensure that the payment proposals have been prepared detailing the suppliers who are due to be paid as well as the amount that is payable to them
• Overseas payments
• Ensure that the BOP forms are completed correctly reflecting the correct beneficiary and bank details
• Ensure that for any foreign payment that have SARB Approvals (i.e. South African Reserve Bank Approvals), that the SARB Approval number is reflected on the BOP form prior to submitting it to the bank for payment
• Travel reports
• Ensure that the travel expenses have been analysed to identify that the costs have been processed to the correct GL accounts as well as to the correct cost centres
• Ensure that the travel costs are processed in the correct periods – any prepaid travel costs need to be recognised as prepayment
• Prepare the travel reports for each expense nature (i.e. accommodation, local travel, international travel, etc) detailing the following information:
• Name of traveller
• Travel dates
• Reason for travel
• Travel destination
• General ledger maintenance
• Ensure that the following payroll related journal entries are processed on a monthly basis to the correct GL account and cost centres (leave pay provision, bonus provision, staff loans, and executive salaries)
• Ensure that the WCA provision calculation has been prepared in line with the ruling from the Compensation Commissioner, and that the entries are processed to the correct GL accounts
• Ensure that the post retirement provision expenses have been processed in line with the budget guidelines and the profit forecast guidelines
• Ensure that the IFRS2 expense journals have been prepared in line with the budget guidelines and the profit forecast guidelines
• Ensure that the revenue related journal entries have been processed in line with the request from the business analysis team
• Ensure that the provision for bad debts journal entries are processed in line with the doubtful debt provision calculation
• Balance Sheet Recons
• Ensure that the Balance Sheet reconciliations are prepared monthly and that any reconciling items are followed up timeously and resolved within 30 days
• Financial packs
• Ensure that the financial packs for the dormant entities have been prepared for review by the Financial Accountant and the Financial Manager prior to submission to Group Finance
• Ensure that the deadlines for the financial pack submissions have been adhered to.

NETCARE HOSPITALS HEAD OFFICE WORK RESPONSIBILITIES
Sheriff payment proposals

• Review the sheriff payment requisitions to ensure that there are no duplicate payments that have been captured by the CCO team
• Ensure that the payment proposals for the sheriff payments have been prepared prior to the authorisation of the payments by the Financial Manager
• EFT Batch Payments and Cheque Payments
• Ensure that the EFT batch payments have been prepared prior to the authorisation of the payments by the payment releasers.
• As part of this process, ensure that the payments have been captured to the correct beneficiaries and that the correct amounts have been captured
• Ensure that the cheques have been prepared to the correct payees and that the correct amounts have been captured
• Ensure that any unpaid cheques are reissued to the suppliers timeously

General ledger maintenance

• Ensure that the intercompany loan account entries have been processed timeously to the correct GL accounts
• Ensure that there is supporting documentation available for the entries that are processed

Balance Sheet Recons

• Ensure that the Balance Sheet reconciliations are prepared monthly and that any reconciling items are followed up timeously and resolved within 30 days

GROWING WITH PASSIONATE PEOPLE
Teamwork

• Actively participate as a member of a team to achieve goals

Personal and professional development

• Active involvement in own professional development to maintain a satisfactory level of skill and knowledge
• Keep up to date with Netcare’s evolving policies and procedures

Build and maintain stakeholder relationships

• Work effectively and co-operatively with others to establish and maintain good working relationships that are mutually beneficial.
• Develop collaborative relationships to help accomplish work goal

SKILLS PROFILE
EDUCATION
Essential

• Grade 12 or equivalent NQF level 4 qualification

Preferred

• Diploma in Accounting, or B Com degree

WORK EXPERIENCE
Essential

• A recent graduate from College, Technicon or University
• Currently studying towards a financial qualification (e.g. bookkeeping course, diploma in accounting, or B Com degree

Preferred

• A minimum of 1 year working experience in financial management or auditing

KNOWLEDGE
Essential

• Computer Literacy