SUMMARY:
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POSITION INFO:
MAIN PURPOSE OF THE JOB:
The purpose of this job is to oversee and manage the financial consolidation process for sub-consolidations within the organization. This role plays a critical role in ensuring the accuracy and timeliness of financial reporting across the company’s various entities and subsidiaries.
The successful candidate will be responsible for consolidating financial statements, eliminating intercompany transactions, and reconciling accounts to provide a comprehensive and accurate view of the organization’s financial performance. Ensuring compliance with IFRS and local accounting standards (where applicable) and regulations while maintaining the integrity of financial data will be a further key purpose of this role.
ESSENTIAL FUNCTIONS & RESPONSIBILITES:
- Lead and manage the sub-consolidation process, ensuring accurate and timely financial reporting for the entire organization - This includes consolidating financial statements, intercompany eliminations, and reconciliations
- Prepare and analyse consolidated financial statements, including income statements, balance sheets, and cash flow statements
- Provide detailed financial analysis and insights to senior management and stakeholders
- Ensure compliance with accounting standards, regulations, and internal control procedures
- Continuously evaluate and improve financial reporting processes to enhance efficiency and accuracy
- Collaborate with various stakeholders, including senior executives, business unit leaders, and external auditors
- Communicate financial results, explain variances, and provide recommendations for improving financial performance
- Ability to analyse complex financial data, identify trends, and provide actionable insights
- Assist with Audit preparation
REQUIREMENTS:
- Strong technical skills
- In-depth knowledge of accounting principles, financial consolidation methodologies, and reporting standards (e.g., IFRS, US GAAP).
- Proficiency in using financial consolidation software
- Advanced Excel skills
- Analytical and strategic thinking
- Strong problem-solving skills and the ability to think strategically to support decision-making
- Language – The ability to read, write, and speak fluently in English, is a must. Other languages could prove useful.
- Qualified CA(SA)
- A minimum of 8+ years of experience in finance, with a focus on group consolidations and financial reporting.
Please consider your application unsuccessful should you not receive a response within 2 weeks of applying.
