Financial Accountant

1 week ago

Cape Town, Western Cape, South Africa CV Desk Full time R600 000 - R1 200 000 per year


Urgently hiring a Financial Accountant

Remuneration: Negotiable

Contract type: Full-time, On-site, Permanent.

Locations: Cape Town

Client industry: investment, savings, insurance, and banking group

Applications Closing date: 29th June 2023

Job Description:

This role is accountable for execution, governance and compliance at an operational level. In this role you will be accountable for achieving results through the efforts of others.

Accounting Records

  • Ensures that the financial accounting transactions are accurately reflected in the business unit ledgers.

Financial Control

  • Creates a healthy internal control environment to ensure integrity of financial information.
  • Effects ongoing changes to internal controls as necessitated by changes in business and corporate governance.
  • Monitors and reports on status of all control accounts in the business unit.

Financial Reporting

  • Prepares monthly financial reports for management, including a high-level variance report by agreed deadline.
  • Produces ongoing and ad-hoc reporting based on requirements from business units, central finance and other mutual stakeholders.
  • Drives and collates monthly submission consisting of report and commentary by agreed deadline.
  • Manages reporting requirements for the business unit.

Governance & Compliance

  • Accountable for governance and compliance at an operational level.
  • Ensures the effectiveness and appropriateness of the accounting processes utilised to fulfill the needs of the business.
  • Provides advice on accounting policy and practice to senior and middle management.

Team Effectiveness

  • Balances own priorities with directing and motivating others.
  • Creates a climate for optimal performance.
  • Manages performance, plans and assigns work.

Technical requirements

  • Able to work with large data (Microsoft Access and Excel)
  • Project management for internal BAU initiatives
  • Deadline driven
  • Manager of others
  • Ability to work across multiple functions to ensure deliverables are met
  • Strong Analytical skills

Statutory reporting:

  • Responsible for the preparation of the annual financial statements.
  • Manage the external audit process and ensure sign-off of the annual financial statements within agreed.
  • Prepare reporting submissions (HFM and offline) on a monthly basis.
  • Liaise with stakeholders, including accountants of other divisions within the cluster.

Regulatory reporting:

  • Assist Compliance with any ad-hoc reports required for regulatory visits.
  • Ensure all taxes are filed according to tax standards.

Other:

  • Various tax preparations and submissions.
  • Review and approval of monthly payments.
  • Review and approval of journal entries where necessary.
  • Review and approval of month-end reconciliations.

Requirements

  • CA(SA) with 2+ years finance/post articles experience

Skills

  • Accounting Processes, Analytical Thinking, Financial Analysis and Reporting, Financial Controlling

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