Job Title SENIOR FINANCIAL ACCOUNTANT - SPECIALIST - O Band Portfolio Finance Job Type Permanent Location South Africa, Gauteng, Glenvista, Rietvlei Job Advert Summary Responsible for the execution of the Departmental strategy and the Organisation's financial transactions by producing accounting reports and reconciling general ledger accounts ensuring the integrity of the Rand Water Group trail balance through business partnering. Develop and manage the implementation of processes and internal controls that mitigate inherent and residual risk. Manage and advocates for compliance with the requirements of the adopted accounting standards and other regulatory, statutory and legislative frameworks and provides inputs to the financial statements. Minimum Requirements Honours degree in accounting or an equivalent qualification in Finance (NQF 8). SAICA or SAIPA articles Minimum of 4-6 years in a financial accounting environment, all aspects relating to financial processing, systems, compliance & reporting. SAP experience will be an added advantage Professional accreditation is an added advantage. Primary Duties Engages relevant business units on application and compliance to accounting standards. Analyse the SAP structure and initiates required changes to the structure. Keep abreast with approved policies and procedures effective in the organisation and identifies impact to the trial balance Develop and manage month end closure process Analyse all group transactions to ensure compliance with accounting practices Responsible for the management of the Rand Water Group trial balance Review of financial accounting policies and procedures and align with best practice Assist in sectional audits and ensure audit readiness Review transactions within the organization to ensure compliance with the APM, legislative, statutory and regulatory frameworks. Implement initiatives that promote Business partnering through continuous engagement with relevant end users Investigate and implement best practices aligned with process improvements within the finance industry Manage application of Accounting Policy Manual in transactions throughout the Organisation Prepare and analyse the notes to the group financial statements. Prepare inputs to the Management Accounts with detailed analysis of variance and movements year on year. Co-ordination and management of International Financial Reporting Standards (IFRS) implementation projects for the group including attending & responding to organisational technical queries on the application of IFRS. Co-ordination and preparation of all assurance audits including responding to audit queries including requests for information and findings. Ensures that strategic initiatives are implemented according to the approved plan Review verifications on General ledger accounts to identify misclassifications between general ledger accounts and approves the correction of identifies misapplications of the APM and errors in accounting Reviews and posts journals according to the approved internal controls and verifies compliance with IFRS as outlined in the APM. Review and posts journals according to the approved internal controls and verifies compliance with IFRS as outlined in the APM (Accounting Policy Manual) (ad-hoc, standard recurring journals, provisions and accruals) Review and analyse for approval the reconciliation of General Ledger accounts to ensure compliance with the APM & other procedures, internal controls Identify areas of improvement with all processes to ensure alignment to the consolidated financial Statements required disclosure and presentation throughout all month ends. Knowledge Working knowledge of SAP FI systems and integration with other modules Understanding of accounting and business policies, procedures, and processes Public Finance Management Act ( PFMA) Knowledge and application of the International Financial Reporting Standards (IFRS) VAT Legislation National Treasury regulations & reporting Skills Good communication (both written and verbal) and interpersonal skills. Computer literate especially proficiency in Microsoft office programs and financial accounting packages Decision making abilities and initiative. Innovative and bring new solutions Strong financial analysis skills Excellent organising skills Attitude Advanced analytical judgment High level accountability Strong ethical and professional conduct Leadership and mentoring Works independently and proactive thinker Stakeholder management Integrity & Honesty Ability to operate within a team environment. Team management Problem solving/troubleshooting and resolving issues with little to no supervision. #J-18808-Ljbffr