Group Accountant

4 weeks ago

Johannesburg, South Africa Staff Solutions Recruitment Full time
Qualifications / Requirements:
  • SAIPA membership or SAICA qualification.
  • Accounting qualification.
  • Drivers Licence.
  • Must be willing to travel.
Duties:
  • Reporting: Assist with the preparation of the consolidated audit pack to help the Finance Executive
    Manager speed up the consolidation process during the audit.
  • Standardize audit pack for individual companies to ensure consistent treatment of similar items across the Group.
  • Help develop and improve the reporting model.
  • Provide financial managers in the group with guidance and assistance on the preparation of the financial statements of the subsidiaries in the group.
  • Preparation of annual financial statements for the group and subsidiaries in terms of IFRS.
  • Prepare documentation for the auditors: impairment reviews, impact of future accounting policies, justification to consolidate/deconsolidate companies, operating segments, going concern assessment.
  • Management information: Assist with the compilation of the monthly management reports using financial and nonfinancial information from various data sources.
  • Compare actual performance to budget and prior year and obtain reasons for variances.
  • Identify and investigate unusual financial trends and anomalies to ensure that actual performance is a true reflection of business performance and results achieved.
  • Involvement in the forecasting of future financial performance.
  • Assist with drafting management discussion and analysis part of the monthly management reports..
  • Prepare flash reports at month end.
  • Help with identification of useful
  • Group Secretarial Work: Assist the Finance Executive with all matters associated with facilitating board meetings.
  • Minutes of meetings.
  • Research of matters which may have Companies Act implications.
  • Preparing board packs.
  • Drafting shareholder and directors resolutions.
  • Updating shareholding registers.
  • Filing returns with the CIPC.
  • Special projects: Assist with the process of providing financial managers in the group with guidance and
    assistance on complex IFRS reporting items.
  • Assist the Finance Executive with ad hoc projects related to transactions.
  • Assist with the accounting for smaller companies within the group.
  • Treasury: Ensure that Cash Budgets and Forecast cash flow positions are prepared on time for the Group.
  • Conduct a variance analysis on a weekly basis and provide management with a detailed analysis of changes and the reasons therefore.
  • Maintain banking relationships and negotiate terms with banks under the strict supervision of the executive director.
  • Ensure that sufficient reserves are maintained for short- and long-term liabilities.
  • Prepare analysis of short- and long-term liquidity requirements of the group and ensure future cash flow requirements are based on accurate projections.
  • An Accounting Professional is expected to interrogate the source data and cannot utilise information received from internal sources / departments without verification.
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
  • Maintain a system of policies and procedures to ensure adequate level of control over
    treasury activities.

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