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Financial Accountant

Remuneration:R500000 per year negotiable TCTC 
Location:Johannesburg, North
Education level:Degree
Job level:Senior
Company:ASC Group

Job description

The Financial accountant role within the Group's Emerging Markets is defined by the following pillars: financial reporting and control, financial management, business intelligence, finance and business strategy, and governance ensuring financial compliance to the Group's standards. The role, which will report directly to the Group's Emerging Markets Financial Manager, entails having experience in the above competencies coupled with an understanding of the Emerging Markets operating environment.
The financial accountant will be responsible for financial reporting, implementing and maintaining effective financial controls, analysis of business performance and market trends, tracking to initiatives, identification and recommendation of remedial actions and assisting with strategic planning as well as assurance (risk, compliance, governance, legal and company secretarial) are further key factors for the successful fulfillment of this position.

Financial Reporting
  • Complete statutory reporting packs, ensuring content is complete, accurate and meets all reporting requirements (IFRS, JSE, etc.) 
  • Completion and analysis of Statement of Financial Performance and Position and explanation of variances
  • Preparation of consolidation journals with appropriate supporting documentation
  • Financial control of balance sheet accounts (reconciliations / inter-company balances)
  • Financial statements – preparation of standalone and consolidated financial statements within reporting deadlines
  • Assist with the design and implementation of financial /business controls to test operating effectiveness
  • Assist with system implementation e.g. ERP/Smart Stream
  • Preparation of dashboards (flash/weekly/monthly) and reporting templates for Emerging Markets including key driver metrics and performance trend analysis
  • Ensure adherence to month-end process deadlines to comply with Group's reporting requirements
  • Provide quality management reporting relating to business performance across Group's Emerging Markets, trend analysis etc. 
  • Ensure timeous delivery of all financial quarterly reports, Board papers and ad-hoc financial report submissions
  • Assist with execution of ad-hoc financial projects as assigned from time to time
  • Support regional teams with Board presentations and finance objectives
Budgeting and Forecasting
  • Assist with the budgeting and forecast process (assisting countries on deliverables and assist with the consolidation of the final budget report and presentation)
  • Accurate computation of budget and forecast numbers for Emerging Markets into the reporting system (EPM)
Business analysis, intelligence and reporting
  • Perform client and product profitability analysis which include client profitability tracking against agreed plans
  • Assist in the compilation of Board papers, Quarterly business review presentations and SENS/market reports
Strategic support and implementation
  • Obtain a close understating of the external and internal environment of the group's Emerging Markets entities
  • Support Business strategy formulation process and implementation
  • Strategic analysis of alternate business lines and streams
  • Tracking of the progress on strategic initiatives (financial and non-financial indicators)
  • Reporting on the strategic business objectives and provide the relevant reporting as required
Compliance, Legal and Risk Support
  • Prepare for internal and external audits and assist in addressing queries
  • Ensure that relevant submissions to the Risk department have been made
  • Assist with the preparation of risk reports in collaboration with Risk team and assist with the implementation of mitigation activities
  • Work closely with compliance to address compliance related issues across markets
  • Maintain repository of all business contracts
  • Support Emerging Markets in the financial reporting for Risco and other group committees
System management
  • Assist with system implementations (e.g. Smart Stream/ERP)
  • Assist with structuring of accounts to enable bespoke reporting, e.g.: profitability by product and client


  • Qualified CA (SA) with completed articles
  • Experience in the financial service sector with extensive understanding of financial trends and market patterns
  • Emerging markets (Africa) experience will be advantageous
Role Skill Requirements
  • Appropriate IT systems experience (BPC and Reporting systems)
  • Good working knowledge of Microsoft packages and advanced excel skills
  • Sound ability to communicate effectively across all levels
  • Good report writing skills 
  • Commercial acumen and understanding of business functions
  • Strong analytical skills and ability to interpret data
  • Ability to work in a dynamic and ambiguous environment
  • Ability to work under pressure 
  • Attention to detail
  • Uncompromising commitment to quality and client service 
Professional and Technical
  • Business & Financial Acumen 
  • Accuracy and attention to detail
  • Technical/Professional Competence
  • ERP Systems Competence

Posted on 12 Sep 13:05

Panashe Gotora

011 027 3310
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