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  • Posted: Jan 25, 2024
    Deadline: Feb 2, 2024
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    Broadband Infraco is a new State-Owned Enterprise (SOE) that will sell high capacity long distance transmission services to licensed fixed and mobile network operators, internet service providers and other value added network service providers, which they can either use for expanding the reach and capacities of their own networks or resell on to their custom...
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    Finance Accounting Officer

    Key Responsibilities:

    Reporting to the Senior Manager: Finance, the incumbent will:

    • Review and process all recorded transactions by accounts payable staff to ensure accuracy, completeness, and validity as well as.
    • Review the accounts payable age analysis for long outstanding items to ensure they are in line with the PFMA regulations.
    • Update all cash books and prepare bank reconciliations.
    • Load payments and issue proof of payments to all parties paid via the bank online system.
    • Recommend changes to financial management policies and procedures and ensure implementation.
    • Provide guidance to accounts payable staff and assist with reconciliation of complex transactions.
    • Maintain the fruitless and wasteful expenditure register and report monthly.
    • Detailed analyses and preparation of reconciliation of specific income statement and balance sheet general ledger accounts.
    • The reconciliations include all treasury related reconciliations, i.e. bank accounts, investment accounts and loan accounts, and monthly follow up and cleaning of reconciling items.
    • Assisting with audit queries.

    Qualification and Experience:

    • Minimum requirements bachelor’s degree in Accounting or Higher Diploma in accounting.
    • Completed SAICA articles and plus additional 2 years post articles experience or minimum 5 years’ experience in financial accounting or financial management in a corporate environment.
    • Knowledge of IFRS, PFMA and relevant legislation and regulations impacting on finance functions in organisations and knowledge of electronic financial packages.

    Method of Application

    Enquiries should be directed to Ms. Palesa Modisane – Contact Details: 011 239 8000
    (Office Hours)

    Interested and qualified? Go to Broadband Infraco on infraco.co.za to apply

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