Specialist Accountant Group Financial Reporting - Cape Town
Salary Negotiable
Cape Town, Western Cape
Cape Town,
Western Cape
more than 14 days ago
12-05-2020 4:11:58 PM
07-07-2020 4:11:58 PM
Specialist Accountant: Group Financial Reporting
Cape Town
Responsible for financial analyses or for a division providing financial accounting services for head office and/or group companies.
Applies principles of accounting to analyse financial information and prepare financial reports.
Compiles and analyses financial information to prepare entries to accounts, such as general ledger, documenting business transactions.
Analyses financial information detailing assets, liabilities and capital.
Prepares balance sheets, profit and loss statements and other reports to summarize and interpret current and projected company financial position.
Audits contracts, orders and vouchers and prepares reports to substantiate transactions prior to settlement.
Installs, modifies, documents and coordinates implementation of accounting systems and control procedures.
Makes recommendations regarding the accounting of reserves, assets and expenditures.
May have supervisory and/or client relationship responsibilities.
Management reporting duties:
• Preparing monthly management reporting to EXCO.
• Assist in preparing annual Group budget.
• Trial balance controls/Reconciliation accounts.
• Interim and annual reporting: Preparation and/or co-ordinating of the Shareholders Information section
Statutory reporting duties:
• Review of and support for technical working papers that serve as input to the annual financial statements and integrated report. Depending on capacity within the team, it could also include the compiling thereof.
• Preparation and coordinating of reports in respect of the interim and annual reporting periods (not limited to annual financial statements only)
• Preparation of other subsidiary financial statements and management of audit process.
• Technical project involvement (could include all aspects of project management), eg IFRS 17 and IFRS 16.
• General IFRS technical support to the rest of the Group, including training sessions (group and/or individual)
• Maintaining of a high level of technical competence in the areas of IFRS
• Other JSE related reporting requirements: Completion of checklists, SENS announcement, summarised results, advertisements (but not limited to).
Regulatory reporting:
• Assist with regulatory reporting as and when required
Other functions:
• Review of the valuation of unlisted investments (portfolio and strategic) for submission to committee/board approval
• Updating of various group reporting timetables and key deliverables
• Documenting guidelines, processes and procedures where appropriate
• Audit liaison during interim and year end reporting periods
• Functional and user acceptance testing of all relevant systems as and when required
• All other ad hoc tasks that may be required from time to time
Qualifications, Experience, Knowledge and Skills
• Qualified CA with 3 to 5 years related experience
• Experience in insurance/financial industry may be to your advantage
• Specialist knowledge (preferably insurance industry): Understands technical or professional aspects of work and continually maintains technical knowledge, e.g. IFRS
• Experience using financial reporting systems may be to your advantage (Walker, Essbase, Hyperion Financial Management)
• Financial Analysis
• Financial Information Review
• Financial Reporting
• Financial Queries and Recommendations
• Financial Controls