Financial Accountant

Found in: beBee S ZA - 3 weeks ago

Gauteng Johannesburg, South Africa Sun International Full time
Sun International’s job vacancy, Career and Recruitment

Job title : Financial Accountant jobs in Gauteng

Job Location : Gauteng, Johannesburg

Deadline : May 05, 2024

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Job Purpose

Responsible for the effective management of financial controls, reporting and accounting and operational team management with specific regard to achieving business profitability and improving financial operational standards in the unit.

Education

B.Com Honours with Articles or equivalent

Experience

At least 5 years’ experience in a general financial management environment. Experience in a hospitality/gaming environment an advantage.

Skills and Knowledge

Decision-making Analysing / Diagnosing performance of the department Reviewing – Assessing feasibility; assessing compliance; efficiencies Appraising / Developing Others including evaluating for recruitment, performance, coaching and training Controlling people and non-people resources Influencing & negotiating skills Attention to detail Business Acumen Building Positive Working Relationships Customer Centricity & Stakeholder focus Drive for Results People Management

Key Performance Areas

Key outputs

 Delivered Operational Financial Accounts

Oversee the financial reporting and analysis for F&B and hotel outlets on the property to ensure the financial performance and position of the company is accurate, up-to-date and complete. Monitor and manage productivities and payroll costs for the departments Oversee the completion of stock control processes. Investigate unusual variances relative to budget and previous year Conduct an analysis of F&B and Hotel business results and identify relative trends to ensure realistic forecasts Find solutions to resolve anomalies and follow-up to ensure execution or change in procedure Review Kofax Total Agility queries for resolution Send manual payments to Shared Services Centre for payment Assist SSC with AP accruals at month-end Request invoices to be created from SSC and distribute to concessionaires, rebates, sponsors, sundry Provide details of AR credit notes to SSC Request customer refunds to be paid by SSC Request bank transfers between accounts where required Request disposals, scrappings, impairments, revaluations of fixed assets Request vouchers to be processed by SSC via KTA. Provide details of departmental recharges to the SSC for processing Obtain details of changes to allocations after HODs have reviewed departmental income statements. Forward to SSC. Conduct spot checks on cash-ups Compile monthly and quarterly forecasts Compile annual Budgets and quarterly forecasts Manage departmental Capex requirements Review financial risks quarterly and address mitigating and aggravating circumstances.

Compliance Management

Oversee accounting standards and processes at a unit level Focus on improving processes in the unit Integrates Group standards into Unit Operations Align and update practices with new legislative and tax regulations Implement sufficient control measures & checks within each department to mitigate any financial risk to the business. Monitor compliance to financial procedures, costs, controls and productivities Complete relevant statutory returns Complete Annual Insurance declaration accurately according to unit financial position and requirements. Lodge liability claims and follow up to ensure resolution according to legal and policy requirements. Communicate standards and regulations with team to ensure compliance is achieved

Financial Reporting

Co-ordinate month end and year end activities and reporting Co-ordinate internal and external financial audits Commentary on monthly management accounts Assistance with annual financial statements Financial reporting on departmental projects and initiatives Compile tax packs Compile quarterly board packs Interpret results and provide value-adding recommendations to optimise financial performance within the various areas of the operation. Compile and provide reports in line with Gaming Board and management requirements that assists stakeholders in making relevant decisions

People Management

Manage staff conditions of employment, e.g. attendance, absenteeism, leave, adherence to policies and procedures Identification of employee training needs Perform on the job training and coaching to close developmental gaps and build succession for a talent pipeline within the outlet Manage employee relations within the department Staff communication and motivation Performance contracting, reviews and development Provides resources and removes obstacles  to performance Recruit and resource for talent for positions within the department Onboarding of new staff members

Stakeholder Relationship Management

Act as the SME on Financial statutory legislation and tax requirements Communicate actively with departmental managers to review cross-departmental impacts and reconcile data Communicate with Financial Operations Manager and report on revenue and financial position as required Liaise extensively with the SSC to ensure all processes are being followed Partner with Business Managers to ensure management are kept updated on latest developments; risks identified and recommendations Provides support and training to accounting teams Manages non-conformance issues Monitor financial performance of various departments and consult with Functional Managers on results and areas of concern Report and consult with management on risk areas and remedial action to be taken Present results to management

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*Financial Accountant in Johannesburg

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