Financial Accountant - Centurion at Momentum Metropolitan Holdings Limited

Role Purpose    
This role is positioned within the Momentum Retail Finance team reporting to the Support Financial Manager. The purpose of this role is to ensure that financial records are accurately recorded according to financial reporting standards. In collecting, analysing, and reporting financial data this role has a specific focus on the expense reporting element included in financial reporting.

Requirements    

• Bachelor of Commerce: Accountancy or equivalent.
• Minimum of 2 years' financial accounting experience within the Financial Services Industry.
• Microsoft Excel at an advanced level.

Duties & Responsibilities    
General Ledger and Reconciliations:

• Ensure the balancing of general ledger accounts aligned to the source documentation within agreed time frame.
• Completeness of financial transactions captured in the general ledger.
• Ensure that all loan accounts are balanced, and income and expenditure is captured to the general ledger within agreed timeframe.
• Identifying internal financial controls that need to be strengthened through improved reconciliation processes.
• Review and approve the general ledger journal allocations based on levels of authority and policy.

Reporting:

• Ensure all financial values reported in financial models reconcile to the general ledger and are in line with principles aligned to valuation models.
• Update financial models within required timelines.
• Prepare management reports and distribute after investigation and resolving all queries. Responsible for ensuring all management expenses are reported in line will applicable models used for valuation purposes.
• Analyse financial reports and information to identify area of opportunities or potential financial risks within business.
• Identify and explain relationships on financial reports and advise stakeholders on the implications of these relationships and provide context to financial information.
• Advise and guide stakeholders and non-financial managers regarding finance elements.

Budget and Forecasts:

• Update budget models with relevant budget and forecast.
• Ensure the accurate capturing of budget in the budget reporting framework/ tool.
• Control and track the budget for the various business areas.
• Facilitate and manage the budgeting process and evaluate budget information received and discuss errors or omissions with stakeholders.
• Proactively engage with business to forecast expenses and identify solutions to enhance cost effectiveness and increase operational efficiency.

Balance Sheet:

• Ensure that all valid entries are captured accurately on the balance sheet and reconciled within agreed timeframe.
• Management of prepaid and accruals on the balance sheet.

Documentation:

• Prepare all documentation for internal and external audit.
• Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy.

Fixed Asset Register:

• Update and maintain the fixed asset register, noting additions and disposals and verification on an annual basis, resolving all discrepancies timely.

Risk Management:

• Ensure all risks are mitigated and escalated to relevant stakeholders.
• Effective and consistent service delivery and support to all internal clients.
• Adhoc:
• Ensure that all Adhoc tasks are completed accurately and timeously as agreed at the time.

Projects:

• Ensure that all Projects tasks are completed accurately and timeously as agreed.

Competencies    

• Drive a client centric environment that focuses on best practice service delivery.
• Self-management and teamwork.
• Manage and implement sound financial controls.