SENIOR FINANCIAL ANALYST

 

Recruiter:

HR Genie

Job Ref:

Enable Snr Fin Anal

Date posted:

Friday, May 20, 2022

Location:

Woodmead, South Africa

Salary:

Permanent


SUMMARY:
Purpose of the Job: To ensure that the departmental accounting systems, policies and procedures are

JOB DESCRIPTION:

Purpose of the Job:  To ensure that the departmental accounting systems, policies and procedures are being implemented. To verify the validity, completeness, integrity, and accuracy of financial information for both revenue and expenditure.

Deliver a strategic partnership to the business: -

  • Analyse financial information
  • Provide robust financial control to optimise performance for decision making
  • Act as a strategic advisor to the business
  • Seek new opportunities for the business to become efficiency focused, i.e. agile decisions, automation of processes, digital footprint opportunities on a proactive basis

Main Responsibilities

  1. 1.     Cost of sales activities
  1. 2.     Month end closing and reporting activities
  1. 3.     Process creation/maintenance
  1. 4.     Reporting
  1. 5.     Cost Savings / Efficiency Focus
  1. 6.     Perform any other related duties as requested by Management

Tasks

  • Identify the relevant sources to account for relevant cost of sales items.
  • Define specific information required from sources to account for costs in accordance with IFRS.
  • Implement the processes required to produce cost/revenue information on a monthly basis.
  • Identify, implement and perform required controls in the processes to ensure accurate information is produced on a monthly basis.
  • Determine and implement control indicators to validate monthly information during the reporting cycles.
  • Communicate accrued amounts to the Business Partners and/or vendors for invoicing.
  • Review accuracy and allocation of invoices that were allocated
  • Investigate any possible over/under accruals and amend future calculations methods, processes or information to ensure accurate accruals. Liaise with the business partner on this process
  • Ensure all reversing journals reversed correctly from previous month.
  • Validate monthly information received by reviewing control indicators.
  • Identify any discrepancies and investigate the root cause with source systems
  • Calculate unearned revenue release or deferral at month end.
  • Calculate and account for any relevant discounts.
  • Review reconciliations for all revenue and expense accounts
  • Investigate any discrepancies and alert Financial Reporting team with any late adjustments to revenue figures and/or cost figures
  • Balance intercompany before trial balance close deadline.
  • Analyze current month revenue and cost numbers against budget and prior month figures.
  • Provide logical explanations for movements against budget and prior month figures.
  • Populate supporting information relating to revenue and cost drivers.
  • Perform/review reconciliations for relevant General Ledger accounts
  • Ensure that all balance sheet accounts are accounted for all balances are accurate
  • Ensure that write offs are done timeously
  • Review all supplier reconciliations
  • Review all customer reconciliations
  • Evaluate the need of official processes/procedures for the tasks under responsibility and implement them with the collaboration of Continuous Engineering
  • Annual assessment of the written procedures/ instructions with the need of the activity and eventually promote the updates on the system
  • Perform detailed analysis for all relevant section in terms of performance against budget and prior month figures
  • Intercompany information
  • IFRS disclosure tables under responsibility
  • Other specific reports, e.g.
    • Roll-forwards for assets and liabilities
    • Financial year end disclosure requirements
  • Identify cost saving initiatives and advise business and senior management of these

Minimum Qualifications

B.Com degree

Experience

  • 5 years plus within Financial Environment
  • Strong Excel Skills
  • 2 years plus Oracle experience in Fixed Assets and Leases
  • Previous Telecommunication industry experience an advantage

 

NB! This job is now closed. You can apply for other jobs by uploading your CV.



 

 

 

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