GL Accountant A&A - Internal Client Services - Finance at Deloitte

Job Description
Main Purpose of Job    

• Maintains the general ledger structure, records financial transactions into the company's general ledger and subsidiary ledgers and pulls reports 
• Responsible for a Country or smaller service lines / P&Ls with less complex transactions
• Supports the Senior General Accountants and the Business Partner/s in general accounting activities

Differentiators for this specific role

General Accounting Accountants will be responsible for the end-to-end management of the Country/ Service Line general ledger including, but not limited to:

Processing of Journals: 

• Posts to and updates the General Ledger (GL)
• Processes journals at month end and at request of the Business Partner  
• Monitors and processes all journals (for example bonus provisions, leave pay provision, budget smoothing general journals, accruals, reallocation accounts and cost centre journals, canteen charges, rent, print room, standard, adjusting, audit, and closing journal entries etc.)
• Assists in resolving any discrepancies raised by the Business Partner 
• Raises provisions for debtors where required
• Adjusts and releases provisions accordingly 
• Assesses impact of proposed general ledger change
• Reconciles sub ledger entries

Goodwill Accounting:

• Compares net asset values vs amount paid for the asset 
• Determines Goodwill
• Calculates the budgeted Goodwill amortisation

Fixed Asset Accounting:

• Reviews procurement invoices
• Compiles a Fixed Asset Register (FAR)
• Reviews any updates made to the FAR with the asset details and asset classes
• Reviews any discrepancies resolved between the FAR and the GL
• Pulls FAR reports from SAP
• Identifies assets to be written off and writes off assets accordingly 
• Recognises proceeds from the sale of assets  
• Impairs assets when applicable
• Accounts for depreciation and capitalisation of fixed assets
• Verifies GIS FAR

Close and Consolidate:  

• Assists with close and consolidation (close of General Ledger, BW, FI and Revenue)
• Prepares balance sheet reconciliations

FNB Credit Cards and Staff Debtors:

• Prepares and uploads journals
• Converts credit card allocation sheets to journals
• Conducts staff debtors allocations and deductions

Other:

• Creates reporting templates and ad hoc reports and maintains standard reporting repository
• Assists in preparation of supporting documentation for internal and external audits
• Drafts general ledger communications
• Manages closing timeline and calendar 
• Communicates timelines to organisation
• Assists with period and year-end close activities
• Performs closing adjustments and process allocations 
• Performs other duties as assigned or directed to ensure the smooth operation of the department
• Available outside of normal business hours for occasional support needs
• Performs first-level cost analysis and combined with revenue analysis from the Project Services Accountant, provides feedback to the Country/ Regional/ Service Line Business Partner/s on the results 

Governance: 

• Communicates and updates the General Accounting Specialist on Country/ Regional General Accounting movements 
• Attends Africa-wide: General Accounting team meetings and training
• Complies with standardised processes and controls

Key Performance Areas:

Strategic Impact

• Under minimal guidance, supports the team in the delivery of services to clients in line with the defined strategic objectives
• Supports management in the implementation of change initiatives as directed
• Develops relationships with peer group in the client business to understand their business
• Participates in team efforts to find solutions to address issues in area of expertise that may enhance / renew service offerings to client

Client Impact: External / Internal

• Works collaboratively with own team and that of the client service line/area to deliver quality service in allocated tasks
• Proactively consults with senior/s on issues arising that may impact the broader deliverables of the team to clients
• Provides research output relating to thought leadership / technical matters on request from line management

Operational Effectiveness

• Raises areas of concern related to own/team delivery of service for discussion and resolution 
• With minimal supervision, completes designated tasks for review by line, ensuring deadlines are met
• Provides line manager and team with detailed reporting on status of deliverables on a regular basis
• Remains aware of risk in area of expertise in alignment with Deloitte policies and processes
• Checks work for accuracy and professional presentation prior to submission for review

Development/Growth of Team

• Cultivates ability to give effective development feedback both upwards and to peers
• Actively works to address identified development areas 
• Assists junior staff with day-to-day issues
• Budgets / Profitability
• Effective use of time, equipment and resources

Qualifications

• Minimum Qualifications: Degree (Finance / Accounting)
• Minimum Experience  4 years in finance
• Desired Qualifications: Postgraduate qualification in Finance / Accounting
• Desired Experience: 5 years in finance

Additional Information
Technical Competencies

• Technical expert in specific functional area 
• Demonstrated capability in interaction at all levels, briefing, analysis and project management skills
• Experience in drafting and delivering presentations 
• Good report writing skills
• Sound financial knowledge and understanding

Behavioural Competencies

• Excellent communication skills, both written and verbal
• Good interpersonal and relationship building skills
• Mentorship and coaching ability with desire to develop self and others 
• Strong client delivery focus
• Adaptable, managing change and ambiguity with ease
• Focus on quality and risk
• Problem solving ability
• Good business acumen