Management Accountant (Western Cape) at The South African Broadcasting Corporation (SABC)

MAIN PURPOSE: Be accountable for ensuring that all financial transactions and related data are correctly and timeously collected and captured on SABC system, financial policies and procedures, to supervise the team as well as positioning reports to the Financial Manager.

DUTIES AND RESPONSIBILITIES:

DEVELOPMENT AND IMPLEMENTATION OF STRATEGY

• Optimise the function of Financial Accounting to achieve maximum efficiency and service levels to provide accurate and timeous financial information for management to make informed decisions.
• Preparing and reviewing of the radio station’s monthly financial report,
• Analyse actual income and expenditure.
• Reviewing reconciliations and take corrective action timeously.
• Coordinating with radio stations in order to compile annual budget and forward future planning.
• Ensure the processing of financial transactions with adherence to the SABC’s financial policies and accounting procedures.
• Review and action requests from internal and external auditors.
• Perform ad-hoc financial investigations.
• Assist, drive or participate in projects as they occur during the financial year or any ad hoc requests from the financial manager.

BUSINESS OPERATIONAL EFFICIENCY

• Process data into financial system to reflect a correct and accurate reports
• Manage the General Ledger Book
• Management and Administration of Capex
• Maintain Fixed Asset Register
• Management of monthly General Ledger Reconciliation and clearing of GL accounts
• Prepare monthly Creditors Reconciliation
• Prepare month-end and ad-hoc reports
• Cash Management
• Authorising Freelance payments.
• Analysing and approving personal claims.
• Reviewing and approving purchase requisitions
• Review and approve trade exchange requests
• Approving sundry payments
• Adhoc requests from management and clients (internal and external)
• Management of contracts (Writers and freelance etc.)
• Management of Trade Payables and Trade Receivables
• Settlement of all travel and operational advances
• Prepare monthly provisions and accruals journals

GOVERNANCE RISK AND COMPLIANCE

• All financial transactions to comply with IFRS, legislation, delegation of Authority framework and SABC policies and procedures
• Responsible to overlook filing and storage of all financially related documentation
• Management of risk
• Provide advice and guidance to stations with finance processes and policies.
• Provide reports on deviations on policies i.e. payment without contracts
• Ensuring adherence to policies and procedures of all financial transactions

STAKEHOLDER MANAGEMENT

      •   Alert management of any discrepancies
      •   Liaise with Stakeholder  Management on ad hoc  finance request
      •   Communicate with internal and external stakeholder and maintain professional standard at all times.

INHERENT/MINIMUM REQUIREMENTS

QUALIFICATIONS

• National Diploma or Degree in Financial Management or an equivalent qualification (NQF6/7)

EXPERIENCE

• At least 6 years’ experience in Finance

KNOWLEDGE

• Business planning and complexity theory
• Knowledge and understanding of Public Financial Management Act and other applicable legislations
• Knowledge of Government Regulations and IFRS and financial accounting standards
• Knowledge of financial and commercial matters with specific focus on costs, profits, markets, new business opportunities and activities which will bring the largest return 
• Good judgement to make rational, realistic and sound decisions based on consideration of all the facts and alternatives available
• Budget management and forward scenario planning
• Strategic management
• Management information systems and SAP
• Scenario planning and Trend analysis
• Understanding of the different role players within the broadcasting landscape
• Project management