Minimum Requirements

• Honours in Accounting or an equivalent qualification in accounting.
• SAICA or SAIPA articles and Professional accreditation is an added advantage.

Primary Duties

• Reviews, influences and submit for approval the Financial Accounting plans and schedules communication to the Organisation
• Prepare the budget, monitor expenditure against the budget and explain variance from budget
• Pro-actively manages the activities of the Department to ensure the accuracy of the general ledger
• Identify, develop and implement processes and procedures to drive the accuracy and timely recording of all financial transactions
• Maintaining Master data and change control activities
• Reviews and posts journals according to the approved internal controls and verifies compliance with IFRS as outlined in the APM (Accounting Policy Manual) (ad-hoc, standard recurring journals, provisions and accruals)
• Review and analyse for approval the reconciliation of General Ledger accounts to ensure compliance with the APM & other procedures, internal controls and to identify areas of improvement to ensure alignment to the annual financial Statements required disclosure and presentation throughout all month ends.
• Verifies that all projects are settled to either a cost centre or an AUC.
• Manages the month end process to ensure that all activities have planned have been actioned with accuracy and in a timely manner
• Actively reviews and drives the application of policies and procedures through business partnering and Implement initiatives that promote Business partnering through continuous engagement with relevant end user departments in an attempt to understand the value add requirements of business.
• Keep abreast with approved policies and procedures effective in the organisation and identifies impact to the trial balance.
• Reviews the weekly verifications on General ledger accounts to identify misclassifications between general ledger accounts and approves the correction of identifies misapplications of the APM and errors in accounting
• Ensures that strategic initiatives are implemented according to the approved plan
• Trial balance management, reviews and verifies that significant cost/profit centre transactions in the Trail Balance are posted in the business unit(s) cost center’s accounts accurately and in a timely manner, compliant with the financial business management memorandum and addressing all Trail Balance related issues.
• Investigating and implementing best practices aligned with process improvements.
• Preparation of quarterly inputs to the SARB and STATSSA.
• Continuous review of the chart of accounts and update thereof and communicate changes to the chart of accounts and ensure compliance with the approved structure.
• Review and post journals impacting on the Trial balance aligned to the approved delegation
• Implement strategic projects as per plan.
• Co-ordination and management of the Accounting Policy application throughout the Organisation
• Manage subordinates and work output, including Identification and supporting talent
• Preparation timeously of complete, accurate, relevant and reliable management accounts to relevant stakeholders
• Preparation of the compliance report to the month-end process
• Co-ordination and management of International Financial Reporting Standards (IFRS) implementation projects for the group including attending & responding to organisational technical queries on the application of IFRS.
• Co-ordination and preparation of all assurance audits including responding to audit queries including requests for information and findings.
• Build and maintain rapport with internal and external customers.
• Implement and action initiatives of the General Accounting sections risk register to address the control weakness identified.
• Implement any adhoc activities identified in the department.
• The above activities will also be applied to Special Purpose Entity (s)

Knowledge

• Compliance & business environment
• Public Finance Management Act (PFMA)
• Relevant International Financial Reporting Standards (IFRS)
• Accounting and Financial Environment
• National Treasury regulations
• Business Acumen

Skills

• Computer literacy (MS Office Suite, SAP integration with other modules, Accounting Systems)
• Good communication (written & verbal) and interpersonal skills
• Problem solving skills
• Report writing
• Planning and Organising
• Negotiation
• Conflict resolution
• Ability to interact at all levels.
• Leadership and management skills
• Good understanding of accounting and business policies, procedures, and processes
• In-depth knowledge of identification of risks and implementation of internal controls within the general accounting environment

Attitude

• Integrity & Honesty
• Interpersonal skills
• Detail orientated.
• Reliable
• Proactive
• Deadline driven.
• Resilient