Group Accountant : Reporting (O Band) at Rand Water

Job Advert Summary    

Accountable for the execution of the Departmental strategy and to complete, accurate and reliable reporting of consolidated results to board, shareholders, and internal and external stakeholders, in line with the requirements International Financial Reporting Standards (IFRS) and other regulatory, statutory, and legislative frameworks. Implement processes and internal controls that mitigate inherent and residual risk. Ensure that the organisation and its subsidiaries comply with the requirements of the adopted accounting standards and other regulatory, statutory, and legislative frameworks.

Minimum Requirements    

• CA(SA)
• 3 - 5 years post qualification experience

Primary Duties    

• To ensure complete, accurate, timeous, and reliable reporting of separate and consolidated financial statements to board, shareholders, internal and external stakeholders.
• To ensure that the internal and external reporting requirements of the organisation comply in all respects to legislative, statutory, governance and regulatory frameworks.
•  Co-ordination and management of International Financial Reporting Standards (IFRS) implementation projects for the group including attending & responding to organisational technical queries on the application of IFRS.
• Co-ordination and preparation of all assurance audits including responding to audit queries including requests for information.
• Provides oversight and guidance on the activities of the department to ensure the accuracy of the trial balance including the verification of the legitimacy of changes to the organisations trial balance structure to ensure compliance to IFRS.
• Ensures that the Accounting Policy Manual (APM) as adopted by the organisation accurately defines correct accounting principles as per the IFRS including the continuous review to ensure compliance with regulatory frameworks and communicate changes to the APM.
•  Actively reviews and drives the application of policies and procedures through business partnering.
• Investigating impact of exposure drafts issued by the International Accounting Standards Board (IASB), new accounting standards, regulations, and Ministerial directives.
• Review and analyse reconciliations to ensure compliance with the APM & other procedures, internal controls and to identify areas of improvement to ensure alignment to the annual financial Statements required disclosure and presentation.
• Implement initiatives that promote accurate application of the accounting standards through continuous engagement with relevant end user departments to understand the value-add requirements of business.
• Assist with the preparation of the budget and tracking actual expenditure to budget and previous trends.
• Build and maintain rapport with internal and external customers.
• Manage members of staff in line with company policies, procedures, and ethos
• Implement and action initiatives in the Financial Reporting sections risk register to address the control weakness identified.

Knowledge    

• Compliance & business environment
• Public Finance Management Act (PFMA)
•  Relevant International Financial Reporting Standards (IFRS)
• Accounting and Financial Environment
• National Treasury regulations
• Business Acumen