Senior General Ledger Accountant - Finance Enablement - Internal Client Services (FTC ) at Deloitte

Job Description

Main Purpose of Job

• Manages accountants whom together are responsible for maintaining the general ledger structure, recording financial transactions into the company's general ledger and subsidiary ledgers and various reporting functions
• Responsible for Regions or larger service lines / P&Ls with complex transactions

Differentiators for this specific role

General Accounting Senior Accountants will be responsible for the end-to-end management of the Regional/ Service Line general ledger including, but not limited to:

Processing of Journals

• Posts to and updates the General Ledger (GL)
• Processes journals at month end and at request of the Business Partner  
• Monitors and processes all journals (for example bonus provisions, leave pay provision, budget smoothing general journals, accruals, reallocation accounts and cost centre journals, canteen charges, rent, print room, standard, adjusting, audit, and closing journal entries etc.)
• Assists in resolving any discrepancies raised by the Business Partner
• Raises provisions for debtors where required
• Adjusts and releases provisions accordingly
• Assesses impact of proposed general ledger change
• Reconciles sub ledger entries

Goodwill Accounting

• Compares net asset values vs amount paid for the asset
• Determines Goodwill
• Calculates the budgeted Goodwill amortisation

Fixed Asset Accounting

• Reviews procurement invoices
• Compiles a Fixed Asset Register (FAR)
• Reviews any updates made to the FAR with the asset details and asset classes
• Reviews any discrepancies resolved between the FAR and the GL
• Pulls FAR reports from SAP
• Identifies assets to be written off and writes off assets accordingly
• Recognises proceeds from the sale of assets 
• Impairs assets when applicable
• Accounts for depreciation and capitalisation of fixed assets
• Verifies GIS FAR

Close and Consolidate: 

• Manages close and consolidation (close of General Ledger, BW, FI and Revenue)
• Manages balance sheet reviews and reconciliations
• FNB Credit Cards and Staff Debtors:
• Prepares and uploads journals
• Converts credit card allocation sheets to journals
• Conducts staff debtors allocations and deductions

Other:

• Creates reporting templates and ad hoc reports and maintains standard reporting repository
• Assists in preparation of supporting documentation for internal and external audits
• Drafts general ledger communications
• Manages closing timeline and calendar
• Communicates timelines to organisation
• Performs period and year-end close activities
• Performs closing adjustments and process allocations
• Performs other duties as assigned or directed to ensure the smooth operation of the department
• Available outside of normal business hours for occasional support needs
• Performs first-level cost analysis and combined with revenue analysis from the Project Services Senior Accountant, provides feedback to the Country/ Regional/ Service Line Business Partner/s on the results
• Manages General Accounting Accountants and Administrators

Governance:

• Communicates and updates the General Accounting Specialist on Country/ Regional General Accounting movements
• Attends Africa-wide: General Accounting team meetings and training
• Complies with standardised processes and controls

Key Performance Areas:

Strategic Impact

•  Supports leadership in the delivery of services to clients in line with the defined strategic objectives:
•  Provides support to management in the implementation of change initiatives
• Works with team to complete work by set deadlines advising manager of any issues prior to deadlines
• Develops relationships with peer group at client to understand their business
• Raises effective solutions to address issues in area of expertise that may enhance / renew service offerings to client

Client Impact: External / Internal

• Independently delivers quality work within area of expertise, within deadlines
• Provides client/s with sound professional advice and support on issues arising within area of expertise without reference to superior
• Applies solutions to technical issues that arise within area of expertise, with minimal input from management
• Proactively researches latest thought leadership within area of expertise and share with team as input to improved delivery to clients
• Communicates regularly with both line manager and client to meet deliverable expectations in specific area of expertise

Operational Effectiveness

• Proactively identifies technical problems that arise that may affect delivery and propose resolutions to address these
• Independently delivers on designated tasks within area of expertise
• Provides line manager with detailed reporting on status of deliverables on a regular basis
• Manages risk in area of engagement in alignment with Deloitte policies and processes
• Reviews own work prior to submission to ensure quality and provide guidance to junior team members on quality standards

Development/Growth of Team

• Shares expertise and knowledge with team members
• Actively works to address development areas identified
• Coaches / mentors junior team members of the team
• May act as counsellor to junior staff within Finance

Budgets / Profitability

• Effective use of time, equipment and resources

Qualifications

Minimum Qualifications

• Degree (Hons in Finance / Accounting)

Minimum Experience

• 4 years in finance

Desired Qualifications

• Postgraduate qualification in Finance / Accounting

Desired Experience

• 5 years in finance

Additional Information

Technical Competencies

• Technical expert in specific functional area
• Demonstrated capability in interaction at all levels, briefing, analysis and project management skills
• Experience in drafting and delivering presentations
• Good report writing skills
• Sound financial knowledge and understanding

Behavioural Competencies

• Excellent communication skills, both written and verbal
• Effective interpersonal and relationship building skills
• Good mentorship and coaching ability with desire to develop self and others
• Strong client delivery focus
• Adaptable, managing change and ambiguity with ease
• Focus on quality and risk
• Effective problem solving ability
• Excellent business acumen