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  • Posted: Apr 29, 2021
    Deadline: Not specified
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  • PPS has more than 200 000 members who enjoy access to a comprehensive suite of financial and healthcare products that are specifically tailored to meet the needs of graduate professionals. PPS is the largest South African company of its kind that still embraces an ethos of mutuality, which means that it exists solely for the benefit of its members. Thus, ...
    Read more about this company

     

    Financial Accountant

    The Financial Accountant: Group Finance is responsible for the processing and reporting of financial transactions of PPS Wealth Advisory (Pty) Ltd, FS4P (Pty) Ltd and Advisory Services & Enablement division. Reporting to the Senior Manager: Group Finance, the incumbent is responsible for the capturing, reporting, reconciling and commentary of financial information for the entities.

    Main duties and responsibilities:

    Processing:

    • Processing transactions on the general ledger system including income, expenses, provisions, etc
    • Responsible for the invoicing and monitoring of payments between company and suppliers
    • Advising and implementing new processes and controls for new transactions

    Reconciling:

    • Reconciling all balance sheet accounts to third party documentation
    • Resolving outstanding issues timeously

    Management Reporting:

    • Preparing monthly management reports, including commentary on variances in the income statement (I/S) and balance sheet (B/S) for all entities
    • Monitoring of income and expenses to the budget by entity and obtaining/articulating reasons for variances

    Budgeting:

    • Overseeing and managing the budget process for all entities
    • Inputting of budgets for central costs and revenues for all entities
    • Working with executive management and aligning the budget and forecasts with the entity’s strategy
    • Reviewing of budgets and obtaining a sound knowledge of what is driving income and expenses
    • Assessing the adequacy of budget and forecast assumptions used by management
    • Preparing budget presentations for ExCo and Board budget meetings

    Statutory reporting:

    • Preparing the annual financial statements of all applicable entities
    • Attending to audit queries
    • Preparing of solvency test where applicable

    Cash flow:

    • Preparing projected cash flows to determine financing requirements of the entities

    Team support:

    • Providing input into tax and statutory reporting
    • Running of all trial balances from Great Plains
    • Assisting with ad hoc requests

    Formal Qualifications:

    • Matric (Grade 12)
    • B. Com (Honours) with 3 to 5 years’ working experience

    Experience and Knowledge:

    • Working technical knowledge of IFRS - IFRS4 or IFRS17 not a requirement.
    • Proven track record of being involved in the preparation or audit of annual financial statements
    • Proven track record of being involved in budgets
    • Knowledge of the insurance industry an advantage

    Strategic Orientation:

    • Key person ensuring control environment is sound regarding financial reporting
    • Responsible for preparation of general ledger items, reconciliation and reporting
    • This role gives technical input into accounting for all entities

    Communication:

    • Articulate and communicates in a logical way and structures information to meet the needs and understanding of intended audiences, including senior management/executives
    • Expresses opinions, information and key points of view clearly and assertively
    • Confident in conceptualising, building and presenting plans related to presentations
    • Anticipates and responds appropriately to the needs, reactions and feedback of various stakeholders internally and externally

    Commercial Acumen:

    • Able to prioritise and work under pressure
    • Able to meet strict deadlines
    • Managing process and people to meet strategic objectiv

    Computer Literacy:

    • Adept in the use of the latest MS Office package, particularly Excel, Word and Power-point
    • Exposure to various software solutions
    • Knowledge of Great Plains an advantage

    Interpersonal and Intrapersonal Skills:

    • A confident self-starter
    • Able to communicate and confidently work with senior management
    • Strong attention to detail
    • Persuasive and influential with good networking skills
    • Good presentation skills
    • Manages expectations
    • Self-aware
    • Professional
    • Responsible & accountable

    Method of Application

    Interested and qualified? Go to PPS on www.linkedin.com to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

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