Trainee Technical (Saica Trainee)

Job Title / Role : Trainee Technical (SAICA Trainee)

Organization : Lead Country South Africa

Location : Midrand, South Africa

Manager : Financial Reporting Manager

The Business

Siemens is a global powerhouse in diversified engineering, providing products, systems, and solutions across the Electrification, Automation, and Digitalization value chain.

With over years of history, Siemens has been a catalyst for innovation and social development.

As an integrated technology company, Siemens aims to play a constructive role in Africa's success story.

Division Overview

Accounting & Controlling provides financial information to internal and external stakeholders, prepares statutory financial statements, and offers guidance on implementing technical accounting principles.

Mission / Function of the Role

The role's mission is to help trainees gain the experience and competencies required by SAICA training regulations to qualify as Chartered Accountants (CA(SA)). This is achieved through exposure and rotations across various business units, producing competent professional accountants who contribute positively to the profession and society.

Programme Overview

This is a three-year training programme to become certified as a Chartered Accountant with SAICA, based in Accounting & Controlling, with rotations in other business divisions, units, or corporate support functions to gain core competencies.

Key Responsibilities

1. Annual Financial Statements: Prepares and supports with the preparation of financial statements according to relevant accounting standards (IFRS, GAAP, local standards) and performs analyses relevant for annual financial statements.
2. Audit Process: Fully manages the audit process for the entities that have been allocated and reports timely and regularly to management on the progress and status of the audits and manages relationships with the Auditors.
3. Financial Reporting: Fully plans, prepares, and consolidates balance sheet and profit or loss (P&L) statements and reports and prepares presentations.
4. Asset and Liability Analysis: Evaluate and analyse assets and liabilities to ensure compliance with IFRS and Siemens Specific guidelines.
5. Guideline Updates: Stay updated with internal guidelines and external accounting standards, prepare and present training.
6. Corporate Finance & Reporting: Review and update existing and implement new accounting guidelines and process documents.
7. Budgeting and Forecasting: Plan and prepare budgets and forecasts for business / corporate units.
8. Systems: Journal processing, goods receipting, CISS management and data maintenance support.
9. Non-routine transactions: Support with due diligence, mergers / acquisitions, business carve ins / outs and other transactions.
10. Risk and internal control: Ensure compliance with risk and internal controls related to the accounting and controlling function.
11. Technical accounting: Prepares or provides support to corporate / business units with respect to specialised reporting requirements and technical queries to ensure compliance with IFRS, local regulations and accounting standards.
12. Support: Provide support to colleagues in other African countries and corporate units for specialised reporting required by headquarters.
13. Management Reporting: Prepare reports for division or support function management and external stakeholders.
14. Compliance: Ensure all SAICA learning requirements are met within the relevant time period.

Qualifications and Experience

1. Education: Completed B. Com Accounting Honours (CTA) or equivalent (B. Acc Degree).
2. Communication Skills: Strong verbal and written communication skills.
3. Project Experience: Prior experience within the project environment (advantageous).

Personal Attributes

1. Strong interpersonal skills
2. Effective communication
3. Deadline-oriented
4. Ethical conduct
5. Ability to work independently and in a team
6. High performance orientation
7. Attention to detail
8. Intellectual skills
9. Organizational and management skills
10. Presentation skills

Our culture: Our culture embraces different perspectives, open debate, and the will to challenge convention. Change is a constant aspect of our work. We aspire to lead the change in our industry rather than just react to it. That's why we invite you to take on new challenges, test your ideas, and celebrate success.

The company's approved Employment Equity Plan and Targets under the Employment Equity Act will be considered as part of the recruitment process.

As an equal opportunity employer, we encourage and welcome people with various disabilities to apply.

We care about your data privacy and take compliance with the POPI Act, GDPR as well as other data protection legislation seriously. For this reason, we ask you not to send us your CV or resume by email. We ask instead that you create a profile in our talent community where you can upload your CV. Setting up a profile lets us know you are interested in career opportunities with us and makes it easy for us to send you an alert when relevant positions become open.