A well established multi national financial services business is seeking a qualified, highly skilled and proactive Group Accountant with minimum 5+ years of solid track record of financial accounting experience, post articles. The person must be registered member with SAICA or SAIPA.
The Group Accountant will be responsible for the complete month end close process of several international entities across the Group. Including the preparation of financial records under IFRS, financial statements, preparing and submitting relevant tax filings and providing financial information to stakeholders across the Group, enabling them to make budgeting and investments decisions. This position will reporting into the Manager that oversees the team of group accoutants.
This permanent position is based fulltime either in Cape Town central or Stellenbosch. Relocation to Western province will be for the candidate's own account, if they are not currently WC based.
Duties and Responsibilities:
Complete bank reconciliations for the bank accounts of specific Group entities on a weekly and monthly basis to ensure that the cash records are correct
Liaise with the billing team to ensure that they have completed the billing, WIP accruals, bad debt provisions and income split journals for assigned Group entities each month
Liaise with the accounts payable team to ensure that expenses, prepayments and fixed assets additions are booked correctly each month
Check that the AP team has posted expenses to the correct department versus budget
Prepare the monthly accruals and provision journals
Prepare month payroll journals for assigned entities
Completion of IFRS 16 lease accounting journals for relevant entities
Preparing the monthly profit and loss, and balance sheet reports
Preparing the supporting balance sheet reconciliations for all the balance sheet balances
Ensure that the intercompany balances are reconciled and settled timeously
Understand and adhere to all financial and accounting regulations and legislation
Complete VAT and Tax returns, for the appropriate countries' tax authority within the required deadlines
Assist with the completion of regulatory returns during busy periods and provide data to the regulatory reporting team for monthly regulatory cap updates
Input into the calculation of local and Group service level agreements
Preparation of weekly/monthly cash flow forecasts
Prepare board report packs including financial analysis and commentary
Prepare year-end statutory financial statements
Liaison with auditors
Respond to adhoc financial queries by gathering and interpreting data
Provide on the job coaching and support to team members
Requirements:
Minimum 5+ years of financial accounting experience.
Qualified accountant (Saica, SAIPA or CIMA)
Previous IFRS experience
Good knowledge of different jurisdictional tax requirements is advantageous
Previous financial services experience
Regulatory filings experience
Good technical accounting skills
Good knowledge of different accounting systems -- knowledge of Microsoft Business Central in advantageous
Strong Excel skills (knowledge of macros, Power Pivot and Power BI would be an advantage)
Experience in preparing financial statements
Very good attention to detail and an organised logical approach is essential
Proactive and solutions oriented
Ability to work effectively under pressure and to meet tight deadlines
Strong interpersonal skills with ability to build effective working relationships and influence change
Team player
Good communications skills
Highly organized and able to collaborate with virtual teams
Proven analytical and problem-solving abilities
* Takes full responsibility for deliverables and drives tasks to completion
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