Job Title: Financial Accountant

Location: Woodmead

Primary Purpose (Role):

The Financial Accountant will be responsible for ensuring the Africa Projects business's compliance with IFRS/regulatory and internal reporting requirements. This role requires a strong operational and accounting technical focus, as well as a focus on delivering high-quality management information to the Senior Accountant and VP Finance for review.

The Financial Accountant will be responsible for the results and complex accounting of the EMEA consolidated results, as well as individual legal entities within the region. Reporting to the Senior Accountant on all financial and accounting activities, this role will oversee the recording of transactions within the day-to-day operations, develop internal control policies and procedures, drive efficiencies, and manage financial risk.

Key Performance Areas (Responsibilities):

The Financial Accountant will closely support the Senior Accountant and VP Finance and will be responsible for the following duties:

• Ensuring effective and timely execution of financial controls on a day-to-day operational basis
• Applying and maintaining appropriate corporate governance and financial controls, with the intent to improve and maintain internal controls, and implementing changes as needed with the Senior Accountant
• Reviewing monthly bank reconciliations
• Preparing monthly management accounts for one of the key Project legal entities
• Overseeing the preparation, analysis, and review of monthly management accounts, including explaining key variances
• Preparing cash flow reports and forecasts and reporting against the cash flow forecast
• Overseeing the reporting of inter-group transactions, including revenue, cost of sales, management fees, debtors, and creditors, as well as inter-group loans reported per management accounts
• Reviewing monthly General Ledger reconciliations and following up on outstanding items and control files for entities
• Managing month-end and year-end close processes
• Overseeing the preparation of companies' statutory accounts and providing audit support
• Reviewing annual financial statements for compliance with the relevant Companies Act and IFRS
• Liaising with auditors
• Assisting with ad hoc requirements from the Senior Accountant, VP Finance, and DRA Corporate team related to the Africa Projects business
• Completing additional ad hoc requirements to ensure optimal functioning of the Africa Projects Finance team
• Collaborating with the Senior Accountant to develop annual budgets
• Preparing and processing key monthly journals, including Leave accruals and Payroll journal
• Assisting in the continuous improvement and development of system integration and reporting
• Implementing improved reporting systems and processes to prevent errors in data collection and calculations, and automating processes as needed
• Demonstrating a strong understanding and application of IFRS rules
• Creating monthly and annual reports to identify results, trends, and financial forecasts
• Preparing monthly WIP reports and combined WIP reports for the Africa business
• Supervising and managing staff, if required

Qualifications:

Formal Qualifications Required:

• Chartered Accountant with a four-year degree or equivalent - Essential
• Completed articles with top professional firms - Essential

Experience:

• 3-4 years of experience in Finance, Accounting, and Administration, including financial and management accounting, IFRS/financial regulations, accounting systems, cash reporting and forecasts, financial reporting and analysis, and budgets and planning - Essential
• 2+ years of proven financial reporting experience - Essential
• 3-4 years of experience with general ledger functions and month-end/year-end close processes - Essential
• Minimum of 2 years of accounting experience post articles - Essential

Knowledge Areas:

• Thorough knowledge of international accounting principles and procedures and financial management best practise - Essential
• Excellent accounting software user and administration skills - Essential

Skills:

• Figure-oriented - Essential
• Attention to detail - Essential
• Excellent interpersonal and written communication skills - Essential
• Figure accuracy - Essential
• Time management - Essential
• Analytical skills - Essential
• Planning skills - Essential
• Problem-solving skills - Essential
• Computer literacy - Essential
• Report writing - Essential

Contact information

Yolanda Swart