About the position
Our client, a leading Financial Institution is looking for a Financial Accountant to join their dynamic team.
Job Purpose/ Job Summary
To ensure the implementation and maintenance of accounting best practices, within a financial environment to optimise financial performance of the Group with a focus on financial accounting
Minimum Qualification
- BCom degree in accounting
- Completed articles, Post Graduate qualification
- CA(SA)
Minimum Experience
- 3 years' experience in a financial accounting supervisory role
Knowledge and Skills required.
Knowledge
- Business terms and definitions
- Business writing
- Business metrics
- Capacity planning
- Change management.
- Client service management
- Communication Strategies
- Resource allocation principles
- Stakeholder management
- Staff resource planning
- Coaching principles
- Diversity management
- Employee training/development
- Performance management and evaluation methods
- Job levels, Nature of job standards and performance agreements
Skills
- Communicating complex information orally
- Communicating complex written information
- Completing a project with constraints
- Conducting a needs analysis
- Developing multiple creative solutions
- Resolving disputes
- Assessing employee performance
- Building/leading a team.
- Managing a department
- Preparing financial reports
- Reviewing financial documents for completeness and accuracy
- Assessing and analysing financial statements
- Interpreting financial data
Key Performance Areas (KPAs)
Results Delivery
- Ensure departmental budgets are adhered to through management of resource allocations and variances to avoid inaccurate reports to the Exco and non-disclosure of costs
- Ensure statutory adhering to statutory requirements of IFRS (International Financial Reporting Standards)
- Review and identify cost-reduction opportunities to reduce business costs that impact the business strategy.
- Ensure all financial transactions are concluded by executing on financial month end close, as required by Listing requirements, International Financial Reporting Standards (IFRS) and internal reporting deadlines and requirements.
- Manage the billing team and ensure billing is accurate and complete.
- Timeous resolvent of issue
Stakeholder Relationship Management
- Maintain and develop relationships with relevant internal and external stakeholders by sharing information and providing customer service to ensure queries are addressed timeously.
- Manage escalation of risk customers through communication with team to ensure that risk customers are identified, and solutions are provided to avoid long term financial risks and problems.
- Build relationships with colleagues, peers, and staff by using appropriate interpersonal styles.
- Interact with others in a way that promotes openness and trust and gives them confidence in one's intentions
Process Management
- Ensure accuracy and disclosures in the statutory reporting to ensure zero audit finding results that will impact the business strategy in line with standards and regulations.
- Provide regular analysis of reports to internal stakeholders by communicating with stakeholders to meet stakeholder requirements.
- Implement financial process system controls through implementation and development of financial targets and automation of processes to minimise financial risks
- Adhere to accounting policies and procedures for all areas of responsibility by maintaining a documented system.
- Review the back-office function and support to the back office and commercial team (includes posting, review of the respective TB's).
- Ensure billing accruals and complete monthly accruals, provisions, and costs through TB analysis for the Group.
- Analyse and understand actual data within the accounting records to ensure completeness, accuracy, and validity of the financial statements.
- Ensure the accuracy and completeness of intercompany transactions and that the required policies and agreements are in place.
- Monthly reconciliations
- Management of inter-company balances and transaction
- General ledger management and maintenance for the Group
- Prepare required disclosure for revenue for the Group.
- Support Tax and IFRS specialist.
- Understand IFRS and GAAP accounting regulations to align business processes with overall organisational priorities.
- Manage authorised credit notes through implementation of controlled document processes and adherence to standards of document processes.
- Enact strategy advised by the board and ensure decision taken by the Treasury Specialist follows the strategy.
- Perform Adhoc financial requests from business pertaining to general ledger information.
- Manage and review all revenue related conciliations for accounts related to the function.
Team Management
- Engaged with team in such a way that the feel motivated to achieve better performance feel.
- respects and diversity valued.
- Epitomise living the way and keep team accountable for displaying the values in their behaviour
Transformation and Innovation Management
- Support implementation of business optimisation improvement through team engagement
- Encourage innovation, listen, and act upon ideas from team and provided technical / expert contribution.
- Meet EE/BEE targets as related to team through appropriate recruitment selection decisions
Key Competencies
- Communication
- Decision Making
- Driving for Results
- Coaching
- Building Partnerships
- Continuous Improvement
Should you not receive a response from us within one week of your application, your application has unfortunately not been successful.
You can visit our website for more vacancies: [URL Removed] / LinkedIn [URL Removed]
Desired Skills:
- Financial Accountant
- Billing
- CA(SA)
