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Open nowFirst seen 4 days ago

Group Financial Accountant

Boardroom Appointments3,354 open roles

Where
Ekurhuleni, GP, South Africa
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Your applicationOpen nowGroup Financial AccountantBoardroom Appointments · Ekurhuleni, GP, South Africa

  1. YouYes, apply to this one.

  2. CV RocketCV written for this posting.

  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

  4. CV RocketApplied on Boardroom Appointments's own form.

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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 57.8%60 days
This job: first seen 4 days ago

The posting

Minimum requirements:

  • 1 - 2 years post article experience
  • Grade 12
  • Newly qualified CA OR
  • Strong Excel & Word skills
  • Previous experience working on Oracle would be advantageous
  • Computer Literacy, Numerical skills
  • Sound communication skills in both written and verbal format

Responsibilities:

  • Oversee all financial functions at Shared Services (HR, Risk, Workshop)
  • Preparing the monthly profit and loss, and balance sheet reports
  • Collecting and analysing data, which is then used in the preparation of weekly and monthly estimates
  • Responding to financial inquiries by gathering and interpreting data
  • Prepare group cashflow reporting and cashflow forecasts
  • Monitor daily cash balances and determine cash requirements needed to cover losses and payments (manage surplus cash via call accounts)
  • Supervise financial department staff, including accountants and financial assistants
  • Release payments submitted by group creditors on a timeous basis
  • Implement financial reporting systems to comply with government regulations, legislation and changes in IFRS
  • Examine all financial reports and data closely to check for discrepancies
  • Prepare annual financial statements and all related working papers for group companies, trusts and dormant entities
  • Prepare all tax calculations in accordance with applicable tax laws i.e., Income tax act, VAT act.
  • Maintain relationship with tax consultants and be the point of contact on all tax related matters for the Group and its subsidiaries
  • Must be able to understand and apply IFRS and become the technical financial resource for the Group
  • Prepare and Review balance sheet recons
  • Preparation of budget and forecast templates, and compilation of budgets and forecasts at shared services level
  • Consolidation of budgets and forecasts
  • Management of external audit for group companies, trusts, and dormant entities
  • Management of General Ledger and application/interpretation of accounting standards
  • Examining financial records to check for accuracy
  • Managing and training staff when necessary
  • Maintain and update monthly review packs and distribute to EXCO and stakeholders
  • Provide guidance to BUs on accounting treatments and journals as and when special transactions occur
  • Preparation of consolidated group pack including all input calculations such as DSO and Covenants
  • Prepare and oversee all financial information for Zambia BU
  • Work closely with the Oracle administrator on GL mappings and creation of new GL codes
  • Update PowerBI dashboards on a monthly basis with forecast, budget, and prior year figures for all the Business Units, as well as estimates for Shared Services
  • Closure of all ancillary business processes e.g. petty cash
  • Ensuring integrity of data
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