Rand Water is looking for a dynamic and technically competent Group Reporting Accountant to join its Finance Division. The ideal candidate will be responsible for delivering timely and accurate consolidated financial statements across the Group and its entities. This role requires strong technical accounting knowledge, compliance with International Financial Reporting Standards (IFRS), PFMA, VAT legislation, National Treasury reporting frameworks, and the ability to liaise with internal and external auditors. The successful candidate must have excellent attention to detail, experience with SAP and CaseWare, and bring a collaborative approach to partnering with business units and auditors.
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Minimum Requirements
A Degree in Accounting or Finance (NQF 7)
Completed SAICA or SAIPA articles
Professional registration (e.g., CA(SA), PA(SA)) is an advantage
Minimum 3-5 years of experience in a Financial Reporting environment
Proficiency in Microsoft Office Suite
SAP (FI Module) experience; Caseware exposure and experience with National treasury templates is advantageous
Solid understanding of PFMA, VAT Act, IFRS, and NT Reporting Framework
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Primary Duties
Preparation and Consolidation of Financial Statements
Prepare consolidated financial statements in accordance with IFRS, PFMA, and other applicable regulations.
Ensure timely submission of accurate financial reports to stakeholders and regulatory authorities.
Implement disclosure enhancements based on JSE Proactive Monitoring and IFRS updates.
Trial Balance Management and Review
Maintain accuracy and integrity of trial balance for the organisation and subsidiaries.
Review and approve SAP Trial Balance structural changes.
Financial Compliance and Internal Controls
Ensure adherence to the Accounting Policy Manual and internal control procedures.
Assess and update compliance processes to reflect regulatory changes.
Business Partnering and Financial Advisory
Partner with business units to provide accounting guidance and support decision-making.
Respond to complex financial queries with IFRS-aligned solutions.
Budgeting and Expenditure Monitoring
Participate in budgeting processes and monitor performance against the budget.
Analyze and explain budget variances.
Audit Management and Assurance Support
Lead audit readiness initiatives and support both internal and external audits.
Coordinate audit documentation and responses to findings.
Strategic and Operational Reporting Projects
Drive financial reporting improvement initiatives and IFRS implementations.
Align reporting outcomes with Group Finance strategy.
Policy Management and Continuous Improvement
Update and communicate changes to the Accounting Policy Manual.
Ensure consistent application of accounting policies across all units.
Risk Management and Governance
Identify, assess, and report financial reporting risks.
Implement mitigation actions and monitor effectiveness.
Documentation and Records Management
Maintain audit-ready electronic and manual records.
Ensure compliance with record retention policies.
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Knowledge
In-depth knowledge of International Financial Reporting Standards (IFRS)
Understanding of PFMA, VAT legislation, and Treasury regulations
Knowledge of governance, policies, and internal controls
Exposure to group consolidation, reporting and JSE Proactive Monitoring
Strong working knowledge of CaseWare software
SAP FI Module and integration experience
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Skills
Strong analytical and problem-solving abilities
High-level analytical and problem-solving skills
Excellent attention to detail
Advanced Excel and Financial Systems Capability
Excellent communication skills
Strong time management and ability to priorities
Ability to apply financial standards and policies
Ability to explain complex standards to non-financial users
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Attitude
Integrity and ethical conduct
Accountability and reliability
Customer-focused
Adaptable and innovative
Team-oriented
Proactive and resilient
Flexible and open to change
Committed to excellence and professional growth
* Team player with a positive and proactive approach
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