General Accountant

Position:
General Accountant

Job Description:
The General Accountant is responsible for accurately recording and maintaining all accounting transactions in a complete, chronological, and organized manner. This includes managing tasks related to General Ledger (GL) accounting and reporting, as well as ensuring the accurate recording of Fixed Assets (FA) transactions in compliance with IAS/IFRS standards and applicable group guidelines. The role ensures the integrity of financial data across the relevant division and legal entities. The General Accountant should be adept at multi-tasking and handling the financial demands of multiple entities with precision, efficiency, and integrity.

Location:
Johannesburg - Adcorp Place

Contract Type:
Permanent

Minimum Requirements:

Education:

• Diploma in Accounting / Finance / Economics or equivalent qualification
• University degree in Finance (preferred)

• Very good knowledge of GL and FA modules
• A minimum of 3 years' experience in Finance, especially in the relevant processes
• High level of Excel competency
• Strong knowledge of IFRS

1. Ensuring the correct and timely accounting representation of business transactions in the general ledger while maintaining compliance with laws and regulations of Adcorp.
2. Processing of all FA accounting transactions and ensuring that transactions are disclosed accurately, completely, and in chronological and factual order as per IAS / IFRS, and applicable Adcorp guidelines or GBS process descriptions.
3. Processing of closing entries and items as to the completeness and accuracy including consistency with relevant policies.
4. Professional handling of special issues in the field of general ledger accounting (e.g. derivatives).
5. Execution of regular sample quality checks for available documentation of individual postings.
6. Preparatory activities for providing financial statement notes to support "Business Accounting" (based on a "disclosure checklist").
7. Follow up with embedded finance as needed.
8. Prepare statistical reports from the field of financial accounting for authorities.
9. Support the valuation of asset movements (including additions, disposals and transfers).
10. Process listed accounting transactions for posting.
11. Review and approval as a part of master data maintenance in FA.
12. Create evaluations and reports as part of Balance Sheet reporting.
13. Complete and accurate ledger and journal processing.
14. Completion of General Ledger reconciliations.
15. Discuss issues regarding FA accounting with the relevant Business Accountants and / or the relevant operational department.
16. Process fixed asset transactions.
17. Interaction and professional exchange with the relevant operating units (e.g. clarification of complex accounting issues as well as dealing with inquiries).
18. Collaboration with staff from Accounts Payable and Accounts Receivable in the Group Business Services.