Senior Financial Accountant at SA: Central Energy Fund

Description

To prepare financial reports, perform day-to-day transactional accounting functions, maintain the asset register, manage petty cash and administer travel and expense claims. To provide administrative and accounting support to the Equalisation Fund.

Requirements

Required minimum qualifications and experience:

• Matric, Bachelor’s Degree Accounting/ finance / BTech Degree (NQF Level 7)
• Honours (NQF Level 8) or post graduate diploma (NQF Level 8) as an added advantage.
• Chartered Accountant (CA/SA)
• 6-8 years of which 3 -5 years must be Specialist/ supervisory Level

 Desired additional skills/ competencies

• Extensive knowledge and understanding of IFRS and tax legislation
• Demonstrated professionalism and discretion and experience in working with highly confidential information
• Proficiency in Accounting Software
• Ability to Prepare Consolidated Financial Statements
• Must have the Ability to Analyse Data and do variance analysis
• Must have excellent problem solving skills
• Ability to work well under pressure and respond to tight deadlines.
• Excellent verbal, presentation and business writing communication skills.
• Must be a Critical thinker, self-starter and able to work with little or no supervision.
• Ability to effectively communicate and collaborate with a diverse range of people
• Excellent judgment in setting priorities and interacting with internal and external clients
• Demonstrate ability to multi-task, respond to needs quickly and efficiently and prioritize work with a strong attention to detail and time management skills

KEY PERFORMANCE INDICATORS

Financial reporting

• Prepare annual and monthly group management financial statements and reconciliations
• Provide guidance to the subsidiaries on templates required in preparation of consolidated annual financial statements.
• Assist with the preparation of the integrated report and presentations to stakeholders

Tax submissions

• Review and submission of tax returns (vat and income tax), SARS requests, tax recons and provide guidelines to accountants to avoid penalties
•  Coordinate the timeous preparation of tax calculations and tax rulings

Audit process facilitation

• Monitor that internal and external audit requests are communicated to the right people and that information has been provided timeously
• Participate in regular meetings with the internal audit manager and external auditors to develop an action plan for pressing issues
• Respond to audit findings and develop and monitor audit action plans

Transactional accounting functions

• Provide guidance and oversight of the day-to-day transactional functions performed by
• the accountants, encompassing the following:
• Authorise invoices and ensure that supporting documentation is attached to the invoices
• Develop policies and procedures relating to revenues, assets, liabilities and expenses.
• Implement controls relating to revenue, expenditure, assets and liabilities
• Monitor the timeous payment of creditors and attend to those outstanding payments that have been escalated
• Sign-off on monthly reconciliations
• Monitor the maintenance of the asset register

Stakeholder management

• Manage external stakeholder relationships such as with the department, national treasury, SARS and suppliers:
• Manage relationships with internal stakeholders:

Internal controls/financial controls

• Identify risk relating to finance
• Develop control to manage risk
• Implement system to minimise risk and improve efficiency
• Develop and review financial policies and procedures for the group aligned to the company strategy, and in accordance with the appropriate accounting standards
• Facilitate the communication of financial policies and procedures across the group
• Act as the group custodian of financial control policies and monitor adherence therein
• Promote continuous improvement and compliance to financial policies and procedures
• Monitor compliance to IFRS and national treasury reporting guidelines

Technical support

• Provide technical IFRS support and ensure full compliance with IFRS
• Ensure that the company policies are technically up to date
• Provide tax support and ensure full compliance with tax legislations
• Write technical papers for transactions and projects in relation to IFRS, tax and companies act compliance           

Closing Date:  20 June 2024