Vacancy title:
Senior Reporting Accountant
Jobs at:
Q-Sourcing Limited tradingDeadline of this Job:
Friday, November 03 2023
Summary
Date Posted: Wednesday, October 25 2023, Base Salary: Not Disclosed
JOB DETAILS:
Job Summary
The Reporting accountant supports business operations in understanding the financial information and identifying opportunities to maximize financial performance, ensuring compliance with the Company’s policies, International Financial Reporting Standards (IFRS) and Statutory Requirements. The role also, collaborates with FP&A specialist in budget development, forecasting and tracking of actuals vs budgets
KEY ROLES AND RESPONSIBILITIES
Financial and Management Reporting
• Prepare timely and accurate financial statements and management reports (monthly and quarterly, biannually and annually) in accordance with the Finance policy and IFRS.
• Ensure statutory statements are produced in time and filed appropriately
• Ensuring that the accounts prepared present a true and fair view and are in accordance with prevailing accounting standards
• Month end review of pass through and fixed power revenue and cost for accurate power margin reporting.
• Coordinate the preparation of Ops review slides
General Ledger maintenance/control
• Weekly review bank balances and ensure all reconciling items are explained.
• Support the business by providing correct account coding per business chart of account (COA).
• Review schedules of all reporting balance sheet ledgers.
• Review monthly reconciliation of R11 R12 per control guidelines.
• Ensure the integrity of the general ledger and reports generated
Financial Analysis/Business performance
• Review analysis done to ensure trends, correlations and dependencies have been identified and adequately explained.
• Monthly review of power margin trends.
• Support projects post implementation reviews to ensure the business is realizing good return on investment.
• Budgeting and Cost Control
• Analyse and report on the performance of the department in terms of the achievement of targets against budgets/plans
• Support the process of budgeting/forecasting through explaining actual spend.
Support Internal and External Audits
• Support regular internal and external audits
• Follow-up on the resolution of audit queries and the implementation of any recommendations
• Ensure financial information and relevant schedules are prepared in the correct format and in time for the annual external audit
• Resolution of audit queries.
• Audits started and completed within the time frame agreed.
• Other duties as assigned
Qualifications and Requirements required:
• First degree in Finance and Accounting.
• Full Professional Accountant (ACCA/CPAU).
• 5+ years of experience in a finance close environment with 2 years at least reporting directly to CFO or CEO.
• We are a dynamic organization in a rapidly.
• Must have a high degree of integrity, confidentiality and trust, a good work ethic and sound judgment
• Strong knowledge of IFRS and US GAAP
• Highly skilled in Excel
• Oracle experience preferred
• Strong analytical skills
• Self-motivated, able to work in a team and independently
• Ability to work in a high volume, fast paced environment
• Detail oriented, able to meet deadlines and adjust to changing priorities
• Good oral communication skills
• Ability to communicate clearly across the whole organisation
• Excellent follow up skills
• The incumbent must be flexible as there may be occasions that require working beyond the standard working week to ensure the positions expectations and responsibilities are met.
Work Hours: 8
Experience in Months: 84
Level of Education: Bachelor Degree
Job application procedure
Interested and qualified? Click here to apply
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