Ops Specialist: BU Accountant at BCX

Key Deliverables / Primary Functions

• Provide input in developing the annual budget plan for the business in consultation with key business unit stakeholders and line management, in accordance with BCX guidelines
• Oversee and coordinate the circulation of budget guidelines and templates
• Oversee and consolidate budget submissions received and address queries raised by line management
• Coordinate and consolidate inputs for the preparation of the business unit budget
• Analyse potential over or under spending variances and submit report to supervisor for further action to be taken.
• Review the quality and accuracy of monthly variance report submissions received, prepare reallocation journals for posting to the GL
• Support accounts payable and receivable on management of payment and receipts for effective and efficient working capital management
• Support and ensure the management of fixed assets within business units
• Support business in the management of inventory and proper accounting of inventory to optimal working capital management
• Prepare and analyse financial information and financial statistics for monthly and quarterly financial reporting
• Facilitate and check the preparation and distribution of valid, accurate and complete reports on project spending.
• Compile and submit monthly bank reconciliations and progress reports for project administration.

Core Functional Skills & Knowledge

• Budgeting Principles and Processes
• Financial Accounting
• Reporting
• Financial Governance
• Risk and Control

Minimum Qualifications

• NQF 6: 3 year Degree/ Diploma/ National Diploma in Finance or Database Management
• OR NQF 4: Grade 12
• Additional Qualification preferred or advantage

Experience

• 3 years of experience in finance, experience and relevant exposure to the Financial sector and the full accounting function.

Or

• If the highest qualification is grade 12, 5 years of experience in finance, experience and relevant exposure to the Financial sector and the full accounting function.