Financial Accountant at Wabtec Corporation

About the Role

• We are seeking a detail-oriented Financial Accountant to join our finance team in Johannesburg. This role is critical in ensuring accurate financial reporting under IFRS and US GAAP, strong internal controls aligned to SOX, and effective financial operations across general ledger, fixed assets, inventory, and compliance.
• You will work closely with internal stakeholders, shared services teams, and auditors, playing a key role in month-end close, statutory reporting, and control assurance within a complex manufacturing environment.

Key Responsibilities

Financial Accounting & Month-End Close

• Prepare and review monthly journal entries in line with IFRS and group accounting policies
• Ensure accurate and timely month-end close, including opening and closing of accounting periods
• Perform monthly balance sheet reconciliations and resolve reconciling items
• Support preparation of financial information for management and statutory reporting

Accounts Receivable & Payable

• Ensure AR and AP transactions are accurately processed and reconciled to the general ledger
• Review and authorize payments in accordance with company approval limits
• Process foreign currency revaluations and provisions for doubtful debts
• Support expense claim processing and supplier payment accuracy

Fixed Assets & Inventory

• Maintain the Fixed Asset Register and ensure all assets are capitalized, tagged, and depreciated correctly
• Post monthly depreciation journals in line with IAS 16
• Monitor inventory transactions and ensure valuation complies with IAS 2
• Support periodic stock counts and investigation of inventory variances

Compliance, SOX & Audit

• Execute and document control activities in line with SOX requirements
• Support quarterly SOX testing and provide audit evidence
• Assist with internal and external audit processes
• Identify control gaps and support remediation actions

Intercompany & Stakeholder Collaboration

• Perform intercompany reconciliations and confirmations
• Collaborate with shared services teams (R2R, AR, AP) to ensure quality and accuracy
• Engage with operational teams to resolve transactional issues impacting financial reporting

BBBEE & Local Statutory Support

• Prepare quarterly BBBEE reconciliations per supplier
• Support annual BBBEE verification by providing accurate spend data, NPAT forecasts, and supporting documentation

Qualifications

Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, or a 3-year Diploma in Accounting
• 3–5 years’ experience in a financial accounting role, preferably within a manufacturing or industrial environment