Finance Accountant at Omnia (Pty) LTD

Job Purpose

• The Financial Accountant is responsible for executing core financial accounting activities with a strong focus on accuracy, completeness, and compliance. The role ensures correct cost recognition, intercompany recharges, balance sheet integrity, and timely period close, supporting the delivery of IFRS-compliant, audit-ready financial information.

Qualifications

• BCom in Accounting / Financial Accounting
• Qualified CA(SA)

Experience

• 2–5 years' experience in financial accounting, audit, or a similar role
• Strong understanding of cost allocation and intercompany accounting
• Experience with ERP systems (e.g. Dynamics 365, AX, SAP) and reporting tools

Key Responsibilities
Financial Transaction Accuracy & Cost Allocation

• Ensure accurate and complete posting of transactions to the general ledger.
• Validate cost allocations to correct accounts, cost centres, and dimensions.
• Identify and process intercompany recharges in line with group policies.
• Review postings to detect misclassifications, unusual trends, and errors.

Period Close & Journals

• Execute monthly, quarterly, and year-end close activities per the finance calendar.
• Prepare and post journals including accruals, provisions, payroll, FX remeasurements, and reclassifications.
• Ensure journals are fully supported, approved, and submitted on time.
• Maintain structured templates and audit trails.

Balance Sheet Reconciliations

• Prepare monthly balance sheet reconciliations.
• Investigate and clear reconciling items timeously.
• Provide clear explanations for movements and aged balances.

Intercompany Accounting & Cross-Charging

• Prepare and process intercompany transactions and journals.
• Calculate and process monthly intercompany cost recharges using approved drivers.
• Perform intercompany reconciliations and resolve timing, pricing, and FX differences.
• Upload and validate intercompany balances on group platforms (e.g. VENA).
• Prepare intercompany confirmations and audit support schedules.

IFRS & Technical Accounting Support

• Support IFRS accounting treatments (e.g. IFRS 16, fixed assets, provisions).
• Maintain calculation schedules, roll-forwards, and working papers.
• Flag complex or unusual transactions for senior review.

Audit, Controls & Compliance

• Prepare audit documentation and manage submission trackers.
• Provide first-pass responses to external audit queries.
• Support internal audits, control remediation, and IFC attestations.
• Ensure adherence to SOPs, policies, and control frameworks.

Budgeting & Forecasting

• Support annual and quarterly budgeting processes.
• Assist with cash flow forecasting.

Competencies & Skills

• Strong financial accounting and reconciliation skills
• IFRS knowledge and technical accounting aptitude
• Intercompany accounting expertise
• High attention to detail and analytical ability
• Strong organisational and time-management skills
• Effective communication and stakeholder engagement
• Proficient in ERP systems and Excel
• High integrity and accountability