Job Description

Job Purpose

The Financial Accountant will be responsible for the management of accounting processes to compile management accounts, balance sheet reconciliations, approve and release payments, tax, VAT calculations and AFS for units within the Sun Shared Services Centre (SSSC), in line with legislation and regulations and SSC policies and procedures.

Key Performance Areas

Review and Approve vouchers completed by the finance clerks Review accruals and provisions at month end to ensure accuracy and completeness, Process month-end revaluations of foreign currency balances, Calculate and post required provisions, Providing a basis for allocating expenditure to various cost centres and general accounts Processing month end journals with informative and precise narrations for finalisation of monthly financial reporting result Prepare monthly management accounts whereby all allocations are processed, and balance sheet items reconciled, Reconciliation of balance sheet to the relevant sub-Ledger or source document Prepare income and deferred tax calculations for the period, Upload financial information into Cognos and clear all validation errors, Prepare VAT calculations and returns monthly Control opening and closing dates of periods according to timetable, Identify outstanding items on the workflow system and follow up and or ensure items are cleared. Prepare annual financial statements Review, release and approve bank payments on various banking platforms (Nedbank, ABSA, Standard Bank, etc.) after verifying validity of payments against valid supporting documentation Monitoring of intercompany accounts between SIML and the Business Unit. Investigation and resolution of all intercompany variances. VAT verifications - preparation and submission of supporting documentation to SARS via eFiling Audit requests - Management of and submission of information in response to audit requests for the relevant entities Ensure strict adherence to all policies and procedures Meet the Key Performance Indicators ("KPIs") for this function (e.g.: clean TBs, management accounts accurate, deadlines met, vouchers posted, queries resolved etc). Ensure all the necessary accounting transactions have been posted for a period to ensure that the trial balance is complete, accurate and valid for reporting purposes. Perform reconciliations on balance sheet accounts by the required deadline, Ensure that account reconciliations are completed, and outstanding items are identified and cleared within 30 days Review departmental allocations and adjust as necessary Meet the Key Performance Indicators ("KPIs") for this role (eg: daily reconciliations, no variances outstanding, queries resolved etc) Keep management updated with regards progress on month end and balance sheet recons and where necessary escalate unresolved issues Ensures that internal clients are treated with courtesy and respect Interact with clients and provide professional service standards and solutions Handle any escalated complaints, disputes and suggestions as required Communicate proactively with units to review and reconcile data and financial results Partner with business unit financial accountants and financial operations managers to ensure management are kept updated on latest developments; risks identified and recommendations Report and consult with top management on risk areas and remedial action to be taken Respond to and resolve queries with internal clients Develop and maintain sound working relationships with relevant departments Interact with clients and provide professional service standards and solutions Maintains and protects confidential information Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies

Education

Matric/ Grade 12 BCom degree with CTA (Honours) with completed articles, with preference given to a newly qualified CA(SA)

Experience

8 years' experience in a financial accounting and reporting environment Strong understanding of financial regulations and the legislative environment

Skills and Knowledge

Analytical skills Attention to detail Working with information (agreements, laws, regulations, statistics) Influencing & Advising skills Research & development Reviewing / evaluating information and data Dealing with customers (including conflict handling skills) Problem Solving Plan, prioritise, co-ordinate Decision-making Emotional resilience People management Dealing with clients Written and verbal communication skills Proficiency in MS Office (Advanced Excel) Accounting principles (IFRS) Accounting practices and procedures Industry knowledge Balance Sheet Reconciliations Month-end process requirements Management account preparation Strong numerical skills IFS Financial module an advantage Process improvement Tax calculations SARS verifications VAT calculations and submissions Preparation of AFS Networking skills

Equity

Preference will be given to employees from the designated groups in line with the provisions of the Employment Equity Act, No. 55 of 1998, SISA internal recruitment policy as well as units employment equity plans.