Internal Clients Services - Finance - Project Services - Accountant at Deloitte

What impact will you make?

Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you will find unrivalled opportunities to succeed and realize your full potential.

What you will do?

Effective delivers Project Services (PS) administration services to the business (as per dedicated Service Line) for engagements that are simple or small in nature or in support of Service Lines that have large volumes but are less complex in nature

Ensure that PS processes are run correctly

Differentiators for the role

Project Services Accountants will be responsible for the end-to-end management of projects including, but not limited to:

• Assists Business in collating the required information (such as the project plan, billing schedule and resourcing) to open a project code
• Verifies accuracy and completeness of information required to open project codes
• Enforces compliance of governance requirements in the way that codes are opened
• Communicates code governance requirements to business as and where needed
• Escalates non-compliance to direct report
• Ensures that the correct contract type is selected in order for the correct revenue recognition methodology to be followed
• Oversees the code opening integration of Phoenix to SAP S4 HANA , and loads any additional information required by SAP
• Ensures timeous and accurate opening and closing of engagement codes (by self or Business if applicable)
• Manages time recording and expenses claims in relation to the pre-loaded project plan
• Manages billing based on the project plan and instruction from Business
• Submit zero rated/ exempt VAT invoices to the Regional Tax Hub for tax compliance checks
• Tracks unapproved expenses
• Tracks missing time sheets and unapproved overtime
• Reviews forecast revenue based on project plan, in line with firm policy
• Effect any required adjustments, based on instruction from Business, to the monthly forecast to ensure accurate revenue recognition
• Initiates credit notes on request from Business and submits to the Business Partner for review
• Ensures profit/loss impact of projects after project completion are reviewed and recognised correctly
• Assists Business with timeous project code closure
• Manages project code closure, with no activity, via a monthly ‘clean-up’ analysis
• Manages replacement of Project Owners (Manager, Billing Partner, Proxy, project leaders or AR Party) on SAP
• Resolves queries relating to project services data or process
• Provides assistance and system training to project leaders on SAP activities relating to WIP and revenue reviews, rebates, provisions and revenue recognition reconciliations
• Manages Project Services close over month-end
• Performs first-level revenue analysis and combined with cost analysis from the General Accounting Accountant, provides feedback to the Country/ Regional/ Service Line Business Partner/s on the results

Governance:

• Communicates and updates the Project Services Specialist on Country/ Regional Project Services movements
• Attends Africa-wide: Project Services 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

Client Impact: External / Internal

• Works collaboratively with own team and that of the client service line/area to deliver quality service in allocated tasks

Operational Effectiveness

• Raises areas of concern related to own/team delivery of service for discussion and resolution

Development/Growth of Team

• Cultivates ability to give effective development feedback both upwards and to peers

Budgets / Profitability

• Effective use of time, equipment and resources

Key Competencies required:

Leadership Capabilities

Living our Purpose - Acts as a role model, embracing and living our purpose and values, and recognizing others for the impact they make

Influence - Influences clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people

Performance drive - Delivers exceptional client service; maximizes results and drives high performance from people while fostering collaboration across businesses and borders

Strategic direction - Understands key objectives for clients and Deloitte, aligns people to objectives and sets priorities and direction

Talent development - Develops high-performing people and teams through challenging and meaningful opportunities

Professional Capabilities:

Knows the business and industry: Knows how member firm business works and keeps up-to-date on industry activities, marketplace trends and leading practices

Manages to results: Takes responsibility for assigned areas and contributes to the successful realization of common goals

Manages and executes projects: Prepares and manages work plans to ensure efficient and timely completion of work

Solves problems: Identifies and solves problems objectively using analysis, experience and judgment

Manages quality and risk: Understands and applies quality assurance and risk management procedures in all areas of work performed

Manages change and ambiguity: Is adaptive and flexible in the face of change and ambiguity

Qualifications

Required

• Degree (Finance / Accounting)
• 4 years in finance

Preferred

• Postgraduate qualification in Finance / Accounting
• 5 years in finance

Additional Information

• Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities