Financial Accountant [REF. 1930/12] at ETDP SETA

Minimum Requirements 

• A Bachelor of Commerce in Accounting or Accounting Science, Finance Management or Financial Management at NQF Level 7. 
• At least five (5) years proven experience in accounting, financial management, analysis, budget management and asset management in the public entity environment. 
• Financial prescripts experience (GAAP and GRAP) and Public Financial Management Act 
• Proficiency in computer literacy with MS Office packages and working experience in ERP systems 
• Knowledge of the SARS Income Tax Act 
• Strong knowledge of accounting principles, regulations, and financial reporting standards. 
• Excellent attention to detail and accuracy in financial reporting. 
• Analytical and problem-solving skills 
• Ability to manage multiple tasks and deadlines effectively 
• Integrity and ethical behaviour in financial management 
• Adaptability and willingness to learn and grow in the role 
• Knowledge of document management, tracking, and retrieving of information, as well as applicable legislation 
• Good written and verbal communication and interpersonal abilities  

Personal Attributes and Skills Required 

• Accounting, audit and compliance skills 
• Planning and organising 
• Problem-solving and decision-making 
• Accounting reporting and accounting software skills 
• Efficient and effective in meeting deadlines and delivering results 
• Stress tolerance and work well under pressure  

Duties and Responsibilities 

• Prepare and review payment batches for validity, accuracy and completeness 
• Review monthly journal entries and ensure the attachment of relevant supporting documentation to ensure the accuracy of the trial balance 
• Review all banking details and ensure that payments to the bank are accurate 
• Review ledger accounts to determine compliance with accounting standards 
• Preparation of monthly accounts receivable reconciliation 
• Preparation of monthly payroll reconciliation 
• Review an accrual listing and periodic monitoring thereof 
• Approve petty cash requests as per the relevant delegations of authority and perform monthly petty cash and inventory reconciliation 
• Assist with the financial statement process by compiling relevant financial information and summarizing the financial status in preparation for interim and quarterly financial statements 
• Perform monthly asset reconciliations and monthly spot check verification of assets 
• Capture and assist additions and disposals on the Great Plan and ensure that the fixed assets registry and insurance are timeously updated 
• Assist with asset management and record asset movement in the asset register in collaboration with the Facilities Unit 
• Process monthly depreciation and impairment journals and process asset-related year-end journals 
• Assist internal and external auditors in executing the audits and ensure all documents needed for the audit are provided 
• Ensure that financial procedures, process maps, and internal controls are followed 
• Provide advocacy on financial accounting activities to make informed decisions 
• Assist in preparing annual financial statements in accordance with the PFMA Generally Recognised Accounting Practices (GRAP) 
• Contribute towards implementing and maintaining adequate budget control procedures, including internal and external reports 
• Resolve payment queries from internal stakeholders and ETDP SETA suppliers 
• Execute any other ad-hoc duties as assigned by the Line Manager