Financial Accountant Group(External Applications Only)

Financial Accountant Group (External Applications Only)

About the job Financial Accountant Group (External Applications Only)

Description:
To prepare and provide management with accurate and timely financial information regarding payroll and group accounting reporting requirements which are in compliance with International Financial Reporting Standards (IFRS) and the Companies Act.

Requirements:

1. NQF6 (accounting qualification) with 2 years' experience
2. Working experience in payroll and related group reporting accounting standards
3. Working knowledge of MS Office
4. Working knowledge of SAP
5. Strong analytical skills and attention to detail
6. Ability to handle pressure and work with limited supervision

Date Approved:

Key Performance Area

Description

Bonus Provisions/Actual Calculations
Calculate, submit for approval, and process all bonus provisions in line with departmental timelines.
Calculate and timely submit for approval all actual approved bonus payouts.

Monthly Processing and Reporting
Generate and process approved payroll journals timeously (i.e., Integrations, Leave pay).
Perform group related calculations and reports (including but not limited to developer loans) for management review and approval in line with departmental timelines.

Reconciliations
Prepare reconciliations for timely review by management of all payroll and group general ledger accounts assigned to the role in the department.
Investigate and resolve un-reconciled differences and ensure that all reconciling items are valid and cleared timeously.
Prepare reconciliations for management review between Revenue authorities accounts and Cashbuild for each company.

Financial Statement Preparation
Prepare for management review of subsidiary group financial statements and in compliance with IFRS and in line with departmental timelines.
Coordinate the timely review and approval of financial statements by all internal review parties.
Assess policies within the group and ensure they are consistently applied to all subsidiaries. If exceptions are noted, identify, and communicate to line management the implication and propose measures how to still ensure compliance across the Group.
Ensure financial statements reporting to Corporate reporting and auditors is in compliance with IFRS.

IFRS 16
Attend to all valuations of IFRS 16 and prepare the required schedules.
Inspect changes made by commercial to ensure accuracy.
Review Monthly recon from Rent paid to Rent as per IFRS 16 to ensure consistency.
Prepare and reconcile IFRS 16 workings monthly with investigation to the leases to ensure all information captured by commercial is correct.

Budgeting
Prepare for management approval budgets for all payroll related expenses and in line with group timelines.
Prepare IFRS 16 leases budget including any known changes in leases for management review and in line with group timelines.

General Ledger and Profit Centre Hierarchy Maintenance
Maintain company structures, hierarchies, and chart of accounts. Update them regularly and timeously according to an approved request.
Ensure all General Ledger accounts are assigned to an owner for reconciliation.

Third Party Reporting
Prepare periodic payroll returns and external reports for internal review and timely submission to relevant authorities, e.g. WCA.

Ad Hoc Group Related Projects
Complete reports and projects assigned by management that may require investigation, proposals, and implementation.
Perform assigned tasks in accordance with The Cashbuild Way.

Drive for Results
Constantly looks for and acts on opportunities to improve department performance.
Works to exceed goals set by others.
Develops stretching goals for self and department, working consistently and tenaciously to meet these.
Implements clear control mechanisms to measure results against department performance objectives.
Identifies barriers to performance and persists in overcoming them.
Assists team members in achieving their goals.

Solve Problems
Proactively identifies problems and seeks root cause.
Analyses information objectively and thoroughly and identifies gaps or potential inconsistencies in operational results, performance data, processes or systems by recognising patterns in information when solving problems.
Develops and implements appropriate action plans breaking complex tasks into manageable parts.

Make Decisions
Makes decisions within the framework of company policies and within set timelines.
Makes decisions giving due consideration to the consequences of the decision made in area of responsibility.
Implements decisions made in line with agreed processes and policies.
Stands by own beliefs and decisions with self-confidence.

Plan
Establishes priorities, operational plans that ensure the best utilisation of resources in area of responsibility.
Takes into account consequences of planning on area of responsibility with regards to organisational processes, budgets, resource availability and the external environment.

Handle Pressure
Handles pressure well and is consistent in controlling own responses irrespective of time/or workload pressures.
Remains focused and rational by not showing frustration or anger when resisted and displays self-confidence when dealing with difficult situations.
Calms others who are expressing frustration or anger.

Communicate
Assesses the needs of the audience in order to deliver appropriate message and content.
Applies communication strategies to ensure inputs from role players are discussed and acted upon.
Actively shares information and ideas, and encourages others to share their views and concerns.