Financial Accountant

Full description

Position Type Temporary Role Family Finance Cluster Momentum Health Remote Opportunity None of the time Location - Town / City Sandton Introduction Through our client-facing brands Momentum Group, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page. Role Purpose Accurately control and process financial information, including financial reporting and analysis, that enables the interpretation of financial information and informs business processes and decision making. Requirements Qualification: - BCom Accounting or Financial Management or related degree. (Essential) - Registered chartered accountant with South African Institute of Chartered Accountants. (Desirable) Experience: - 3 - 5 years' experience as a Financial Accountant or similar role. (Essential) Knowledge - Knowledge of applicable legislation landscape - Knowledge of IFRS requirements applicable within area of responsibility - Knowledge of ethical best practice guidelines Duties & Responsibilities INTERNAL PROCESS - Complete consolidated financial reporting and analysis that add value and insight for the business. - Review all documentation to ensure that the correct level of authority has authorised the document and raise any exceptions with the relevant stakeholder. - Review and approve the general ledger journal allocations based on levels of authority and policy. - Control the reimbursement process to ensure that reimbursements are in line with budget and policy parameters. - Review and approve journals to allocate expenses. - Reconcile the expenses to the financial statement and budget. - Manage the reconciliations of transactions on the bank statement to the General Ledger. - Manage general ledger and other financial controls to ensure compliance to the relevant standards and controls. - Identify and resolve problem sources or escalate to relevant level of authority. - Contribute to the enhancement of systems, processes and issues in order to enhance financial management. - Accurately update and maintain the fixed assets register and make recommendations to enhance the management. - Identify expense variances and investigate root cause of variances. - Compare expenses to budgets and identify reasons for variances, in order to provide financial insights in reporting. - Analyse financial reports and information to identify area of opportunities or potential risks within segment. - Advise and guide stakeholders and nonfinancial managers regarding finance elements. - Proactively assist in engaging with business to forecast expenses and identify solutions to enhance cost effectiveness and increase operational efficiency. - Manage high risk and problematic financial issues in area of accountability and contribute to the development of policy. CLIENT - Resolve client queries within agreed timeframes. - Build and maintain relationships with clients and internal and external stakeholders. - Deliver on service level agreements made with internal and external stakeholders and clients. - Make recommendations to improve client service within area of responsibility. - Participate and contribute to a culture which build rewarding relationships, facilitates feedback and provides exceptional client service. PEOPLE - Develop and maintain productive and collaborative working relationships with peers and stakeholders. - Positively influence and participate in change initiatives. - Continuously develop own expertise in terms of professional, industry and legislation knowledge. - Contribute to continuous innovation through the development, sharing and implementation of new ideas. - Take ownership for driving career development. Competencies - Examining Information: Analyses and processes information asks probing questions strives to find solutions to problems. - Interpreting Data: Interprets data rationally by quantifying issues applies technology as a means to evaluating data evaluates information objectively. - Adopting Practical Approaches: Applies practical skills when investigating issues prefers to learn by doing is practically minded and applies common sense. - Exploring Possibilities: Is conceptual when developing ideas applies theories to problem solving prefers to learn by thinking and identifying underlying principles. - Articulating Information: Is articulate in giving presentations is eloquent and explains things well projects social confidence when articulating information. - Challenging Ideas: Prepared to disagree and question assumptions challenges ideas and established views comfortable arguing own perspective. - Meeting Timescales: Is target focused and meets deadlines is punctual and keeps to schedule is reliable in finishing tasks.