Senior Financial Accountant (FTC - 6 MONTHS) at Secondments

Duties and Responsibilities:    

Key Performance Areas;   

• Month-end focus - General Ledger maintenance (Overall responsibility for data accuracy and integrity by performing general ledger reconciliations and income statement analysis)
• Assigns responsibilities to relevant assistants, including the creation of reconciliations.
• Manage the month-end focus. (Including investments, write-offs, insolvencies, fruitless and wasteful and irregular expenditure, impairments, etc.)
• Makes sure that reconciliations are done accurately and timeously, checks them against supporting documentation and ledger balances.
• Review of the audit files for completeness and accuracy.
• Ensure that the General Ledger and journal entries are in accordance with defined standards by analysing accounts and correcting misallocations and miscalculations.
• SAP Banking Month-end Run (as and when required)
• Compile Financial Reporting (Annual Financial Statements (AFS), NCA Form 40, company tax return and any other ad-hoc reports)
• Reports are due in accordance with scheduled activities; o
• Requests are received for the compilation of a report. Analyse the request to determine the nature and extent of the report
• Timeous reporting, archiving and distribution in accordance with policies, procedures and legal requirements
• Gather and verify applicable data from all relevant sources and collate data into required reporting format
• Make recommendations in accordance with the information at hand
• Submit the report for review and approval where necessary

Annual Financial Statements

• Advise management of the subsidiaries of any changes in accounting standards
• Update the current year AFS with all the relevant changes
• Seek continuous improvement in the process of preparing the AFS
• Compile the AFS within the allocated time frame
• Collect and verify applicable data from all relevant sources and collate data into required reporting format
• Make recommendations in accordance with the information at hand
• Submit the report for review and approval where necessary
• Distribute the report to the relevant role players

Processing of entries on client’s accounts;

• Compiles a register for all write-offs and waivers received.
• Timeous processing of all write-offs and waivers.
• Compiles a register of all insolvency transfers.

Technical Accounting research;

• Remain up to date on the Technical IFRS Standards by attending training courses and reading knowledge material.
• Informs General Manager: Finance and management team of updates and changes required to the company accounting treatments.
• Examines IFRS and Tax legislation changes that affect the company or its subsidiaries.
• Drive the implementation of required changes in Finance.
•  Liaison with internal and external auditors
• Liaises with both internal and external auditors and responds to audit queries/opinions.
• Responds to areas that they highlight –this may require clarity issues, giving information, designing and amending controls.
• Implementation of action tasks/projects to address audit findings relating to his/her area.
• Coordination of Audit Process - responsible for ensuring smooth interim and year-end audits, including coordination of Client Assistance Schedules.
• Distribution of audit findings for management comment and co-ordination of audit responses, including responding to areas that highlighted under “areas of responsibility” – this may require clarifying issues, giving information, designing, amending and implementing controls.
• Quality review of Management Letter

Preferred Minimum Education and Experience;

• CA (SA) or equivalent
• 3-5 years experience in Financial Accounting and Reporting

Critical Competencies;    

• Advanced Microsoft Office/ Excel
• Knowledge / Experience SAP/ Financial Reporting Software
• International Financial Reporting Standards (IFRS) 
• PFMA (Public Finance Management Act)
• Company Act

Additional Requirements;    

• Travel as and when required
• Extended hours as and when required.