Financial Accountant - Cape Town Verfied

Salary Negotiable Cape Town, Western Cape Cape Town, Western Cape more than 14 days ago 22-10-2014 4:04:06 PM
12-11-2014 4:04:06 PM

General Summary:

  • Key responsibilities will include record keeping, management and financial accounting, analysis, budgeting, reporting and ensuring that all corporate accounting requirements and deadlines are met. Reporting and consolidating of businesses and financial reporting from a holding company and subsidiary level. Ensure continuous Implementation and strict application of a set of operational standards and controls throughout the company.

 

Reporting Structure:

  • Accountant will report to the Senior Accountant.

 

Duties and Responsibilities

  • To regulate, supervise, review, and implement a full and accurate set of accounting records for the relevant companies in full compliance with the relevant legislation and accounting policies
  • Monthly management accounts for the group and operating companies
  • Monthly management accounts for funds administered by the group where applicable
  • Annual Financial Statements for the group and operating companies
  • Annual Financial Statements for funds administered by the group, where applicable
  • To implement continuous review and control systems to monitor the performance of the company, its flows of funds, and adherence to budgets
  • To prepare and present to the Senior Accountant an annual budget and/or financial plan, business plans, and/or any documentation required
  • To identify and alert the Senior Accountant of any irregularity, lack of compliance, lack of adherence to process and procedures, weakness in internal controls, and any actual or potential concerns arising out of the financial and operational matters of the business
  • To ensure that all relevant security measures, and authorization levels are in place to ensure effective functioning of banking and cash management processes;
  • To ensure that procedure manuals are strictly implemented and all deadlines re met through appropriate detailed planning;
  • Prepare short and long-term financial forecasts of financial performance for use with and external parties;
  • To manage all junior staff within the hub
  • Responsible for accounting and reporting at company level and also consolidated financial statements at group level.
  • Responsible for the regional entities’ financial plans and policies, its accounting practices, the conduct of its relationships with lending institutions and the financial community, the maintenance of its fiscal records, and the preparation of financial reports.
  • Supervision over general accounting, property accounting, cost accounting, and budgetary controls.
  • Responsible for evaluating the performance of personnel in the Accounting Departments.
  • Ensure that the quality and integrity of financial and management reporting is maintained.
  • Ensure that all tax and regulatory submissions are accurate and filed timeously
  • Ensure that the annual audits are conducted efficiently and within budget.
  • Deal with company secretary to ensure completion and distribution of board packs, conduct of the board meetings, and ensure that the annual financial statements are signed and submitted to the relevant regulatory body.

 

Qualifications and Experience:

  • Chartered Accountant CA (SA)
  • 2 - 4 years of experience
  • Excellent communication, reporting and interpersonal skills, verbal and written.
  • Good teamwork skills, with the ability to develop strong relationships and to work collaboratively within the company.
  • Strong ability to solve problems and suggesting re-engineering methodologies to increase efficiency.
  • Capability to effectively multitask.
  • Must have existing experience of the capital adequacy requirements of financial services companies, International tax, and financial regulatory and reporting requirements (IFRS/GAAP). 

Ref: CT000580/PB