Group Financial Accountant

Boardroom Appointments; South Africa; On-site; ZAR 300 000 - 600 000; Full time

Job summary

This innovative firm is seeking a Group Financial Accountant to oversee financial functions and ensure compliance with regulations. The ideal candidate will have strong Excel and Word skills, be a newly qualified CA, and possess numerical and communication skills. Responsibilities include preparing monthly financial reports, managing audits, and working closely with the Oracle administrator. Join a dynamic environment where your expertise will drive financial integrity and support strategic decision-making. If you're ready to make an impact in a collaborative setting, this opportunity is for you.

Qualifications

• 1-2 years post article experience required.
• Strong Excel and Word skills essential for the role.

Responsibilities

• Oversee all financial functions and prepare monthly financial reports.
• Manage external audits and ensure compliance with IFRS.

Skills

Excel

Word

Numerical skills

Sound communication skills

Computer Literacy

Education

Grade 12

Newly qualified CA

Tools

Oracle

PowerBI

Job description

About the job Group Financial Accountant

Minimum requirements:

• 1 - 2 years post article experience
• Grade 12
• Newly qualified CA OR
• Strong Excel & Word skills
• Previous experience working on Oracle would be advantageous
• Computer Literacy, Numerical skills
• Sound communication skills in both written and verbal format

Responsibilities:

• Oversee all financial functions at Shared Services (HR, Risk, Workshop)
• Preparing the monthly profit and loss, and balance sheet reports
• Collecting and analysing data, which is then used in the preparation of weekly and monthly estimates
• Responding to financial inquiries by gathering and interpreting data
• Prepare group cashflow reporting and cashflow forecasts
• Monitor daily cash balances and determine cash requirements needed to cover losses and payments (manage surplus cash via call accounts)
• Supervise financial department staff, including accountants and financial assistants
• Release payments submitted by group creditors on a timeous basis
• Implement financial reporting systems to comply with government regulations, legislation and changes in IFRS
• Examine all financial reports and data closely to check for discrepancies
• Prepare annual financial statements and all related working papers for group companies, trusts and dormant entities
• Prepare all tax calculations in accordance with applicable tax laws i.e., Income tax act, VAT act.
• Maintain relationship with tax consultants and be the point of contact on all tax related matters for the Group and its subsidiaries
• Must be able to understand and apply IFRS and become the technical financial resource for the Group
• Prepare and Review balance sheet recons
• Preparation of budget and forecast templates, and compilation of budgets and forecasts at shared services level
• Consolidation of budgets and forecasts
• Management of external audit for group companies, trusts, and dormant entities
• Management of General Ledger and application/interpretation of accounting standards
• Examining financial records to check for accuracy
• Managing and training staff when necessary
• Maintain and update monthly review packs and distribute to EXCO and stakeholders
• Provide guidance to BUs on accounting treatments and journals as and when special transactions occur
• Preparation of consolidated group pack including all input calculations such as DSO and Covenants
• Prepare and oversee all financial information for Zambia BU
• Work closely with the Oracle administrator on GL mappings and creation of new GL codes
• Update PowerBI dashboards on a monthly basis with forecast, budget, and prior year figures for all the Business Units, as well as estimates for Shared Services
• Closure of all ancillary business processes e.g. petty cash
• Ensuring integrity of data