Head Accountant
6 days ago
The group accountant is responsible for tracking, managing, and reporting financial information for specific projects.
RESPONSIBILITIES :
A. FINANCIAL RECORD KEEPING
- Maintain accurate and up-to-date financial records, including ledger entries, accounts payable, accounts receivable, and other financial transactions.
- Verify the accuracy of financial data and resolve discrepancies.
B. TREASURY
- Assist in the preparation of financial forecasts and track budget performance.
- Bank reconciliations - first review.
- Verifying payments.
- Review daily cash flow.
C. REPORTING
- Ensure timely and accurate reporting to senior management.
- Prepare board reports and inputs.
- Quarterly file preparations - international.
D. AUDITS
Coordinate and facilitate internal and external audits for the group.
E. GROUP TRANSACTIONS
- Monitor and reconcile intercompany transactions within the group.
- Ensure the elimination of intercompany balances during consolidation.
- Intercompany invoicing and reconciliations, clearing of Interco WIP.
- Prepare, review, and submit group matrix.
- Review and sign off on international payments.
- Manage intercompany loan repayments.
- Raise client invoices, if RA is unavailable.
- Maintain records of all contracts linked to Ingerop International.
- Manage SARB transactions and relationships with the bank regarding international transactions.
F. BUDGETING AND FORECASTING
Preparation of budgets and forecasts.
G. BUSINESS REVIEW
- Review IEA and prepare accounts for subsidiaries.
- Conduct project reviews and update FGA of international companies.
- Prepare commentary for monthly business review.
- Prepare inputs for monthly business review.
H. ACCOUNTING REVIEW
- Review and sign off on journals.
- Oversee regional accountant.
I. TAX COMPLIANCE:
Ensure submission and compliance with local tax laws.
J. OTHER
- Maintain positive work relationships with colleagues.
- Fulfill other reasonable requests as they arise.
QUALIFICATIONS: REQUIREMENTS:
- Minimum 5 years' experience with multinational companies and currencies.
- Must have a BCom (accounting) or Bcompt degree.
- Proficient in Excel.
- Experience in either Agresso or SAP is a plus.
OTHER:
- Position: Group Accountant.
- Location: Sandton.
- Working hours: 8 to 5.
- Looking for a mature individual in mid-30s.
- Dynamic, self-managed individual.
- Mid-Senior level
- Full-time
- Accounting/Auditing
- Civil Engineering
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