Management Accountant at National Lotteries Commission

REQUIRED QUALIFICATIONS 

• Bachelor’s degree in accounting, Finance or Economics or equivalent 
• CA (SA) or CIMA / ACCA Registration 

REQUIRED WORK EXPERIENCE: 

• 5 years in related experience within management accounting environment 
• Knowledge and experience of accounting systems and standards in line with the GRAP, PFMA Treasury and related regulation / Acts. 
• Experience within the public sector finance is an added advantage. 

KEY RESPONSIBILITIES: 

• Prepare value-adding strategic financial reports as required by management, EXCO, the Department of Trade and Industry, Board, National Treasury and specialized strategic projects. 
• Preparation of Annual Financial Statements 
• Analyse, investigate and reallocate various income and expense account transactions, as required. 
• Draw reports from the relevant system for the preparation of financial statements such as income statements and capital expenditure, other related reports and statutory reports. 
• Analyze financial performance data and contribute to monthly and quarterly business planning and forecasting. 
• Monitor and report on financial performance against targets and propose corrective action. 
• Provide financial input in various strategic projects when involved and as requested. 
• Perform ad hoc financial strategy activities as and when required by management 
• Ensure that monthly financial reports are accurate by reviewing the general ledger and correcting the accounting of transactions to ensure that all the assertions have been correctly considered. 
• Implement the agreed Financial Strategy Function 
• Develop and maintain automated reports where relevant to support business optimisation.
• Perform trend and variance analyses on key revenue and expenditure items. 
• Coordinate and facilitate the preparation of the annual budget and quarterly forecast submissions for divisions. 
• Coordinate and facilitate the preparation of National Treasury budget submissions and responding to queries. 
• Engage with management of the various divisions and business units to initiate the budget process and review budgets for submission to the relevant superiors. 
• Engage with the Executive team on budget submission and gain approval for budget allocations. 
• Provide consistent feedback to business on the progress of the CAPEX and OPEX process 
• Build and maintain effective internal and external stakeholder relationships for the purpose of expectations management, knowledge sharing and integration, and to manage the organisation’s reputation. 
• Represent and participate in the organisation’s committees and tasks teams when required.
• Convene and attend meetings and present relevant information to stakeholders when required. 
• Ensure efficient communication to all relevant stakeholders. 
• Ensure the provision of excellent customer service. 
• Resolve queries and problems within span of control and within agreed time frames. 
• Follow up on unresolved queries and complaints where required.