General Ledger Reconciliation Officer at Joe Gqabi District Municipality

REMUNERATION

• An annual salary of R356 209 is on offer.

FRINGE BENEFITS

• Normal fringe benefits include leave benefits, membership of a group life scheme, a housing or rental subsidy (subject to applicable conditions), participation in the pension or provident fund, and membership of a medical aid scheme subsidised by the Council

REQUIREMENTS

• Grade 12.
• National Diploma in Accounting.
• Two (2) years relevant experience.

CORE RESPONSIBILITIES

• Reviewing all individual accounts within the general ledger to ensure that the source documents correspond with the balances shown in each account.
• Comparing the opening balances in the accounts to the closing reconciliation detail from the previous period.
• Investigating the reason for the variance in the previous period if the amounts do not correspondand report such to the immediate superior for further processing.
• Monitoring the transactions reported in the accounts within the period to the underlying transactions, and adjusting as necessary.
• Reviewing all adjusting journal entries recorded in the accounts within the period for appropriateness, and adjusting as necessary.
• Reviewing all adjusting journal entries recorded in the accounts within the period for appropriateness, and adjusting as necessary.
• Monitoring the running of exception reports to be verified by the appropriate departments after comparing against the system report.
• Verifying that the closing detail for the accounts matches the closing accounts balance.
• Compiling all financial reports required by each funder and submitting them to the immediate superior for further processing.
• Investigating any discrepancies that are identified and taking the proper corrective actions to resolve them.
• Maintaining financial records, per applicable procedures and legislative requirements.
• Compiling information for internal and external auditors.
• Attending to queries relating to the key performance and results indicators of the subsection by extracting required data, and compiling appropriate responses;
• Compiling performance reports referring to statistical data and qualitative information relating to the subsection's performance and results indicators, and forwarding them to the immediate superior for attention.
• Any other duties as reasonably delegated by Management and as outlined in the job description linked to this position.