Group Financial Accountant needed in Johannesburg, Gauteng, South Africa

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Group Financial Accountant

Company: WORKHUB AGENCY

Job Location: Johannesburg, Gauteng, South Africa

Job Type: FULL_TIME - (ON_SITE)

Job Salary: 0 USD per month.

Date Posted: April 04, 2025

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Job Description

The Group Financial Accountant is responsible for managing and consolidating the financial accounts of the group, ensuring accurate and timely financial reporting. This role involves overseeing group-wide financial processes, maintaining compliance with accounting standards, and providing strategic financial insights to support senior management. The Group Financial Accountant plays a crucial role in the preparation of financial statements, managing audits, and driving continuous improvement in financial processes across the group.Roles and ResponsibilitiesFinancial Reporting & Consolidation: Prepare and consolidate group financial statements in accordance with IFRS/GAAP.Ensure timely and accurate monthly, quarterly, and annual financial reporting for the group.Coordinate preparation of balance sheet reconciliations for each entity including and report movements on an entity and group levelCoordinate with subsidiary finance teams to gather financial data and ensure consistency across the group.Manage bank reconciliations on a monthly basis for all entities ensuring all accounts are reconciled Statutory Accounts & Compliance: Prepare statutory accounts for the group and ensure compliance with local and international accounting standards.Liaise with external auditors during annual audits, ensuring smooth audit processes and timely resolution of audit queries across the group.Ensure compliance with all regulatory requirements and maintain up-to-date knowledge of changes in accounting standards. Intercompany and CAPEX Accounting: Manage intercompany transactions, reconciliations, and eliminations to ensure accurate group consolidation.Ensure that all intercompany balances are accurately reported and reconciled on a monthly basis.Ensure accurate recording of company CAPEX in accordance with IFRSReview monthly CAPEX spend ensuring correct depreciation / amortisation rates are applied.Regular reviews of impairment of assets and items no longer required / existMaintain group intangible and tangible Assets register and reconciliation Cash Flow & Treasury Management: Assist in managing group cash flow, including cash flow forecasting and working capital management. Process Improvement & Automation: Identify opportunities for process improvement and automation within the group finance function.Lead or participate in projects to enhance financial systems, reporting tools, and processes to increase efficiency and accuracy.Lead group wide implementation of new accounting standards Cross-functional Collaboration: Work closely with other departments (e.g., Tax, Treasury, Legal) to ensure financial objectives are aligned and achieved.Act as a key financial advisor to business units, providing guidance on financial implications of business decisions. Core CompetenciesStrong knowledge of accounting principles, financial reporting, and regulatory requirements.Proven experience in financial consolidation, reporting, and analysis.Experience in managing audits and liaising with external auditors.Proficiency in financial software and ERP systems, with advanced Excel skills.Excellent communication and interpersonal skills.Ability to work in a dynamic, fast-paced environment with a high degree of professionalism.Strong analytical and problem-solving abilities.Strong detail and deadline orientationBehavioral SkillsCommunication: Excellent verbal and written communication skills, with the ability to present complex financial information clearly to senior management and other stakeholders.Analytical Thinking: Strong analytical skills with the ability to interpret financial data, identify trends, and provide strategic recommendations.Attention to Detail: Meticulous attention to detail, ensuring accuracy and integrity in financial reporting and analysis.Problem Solving: Proactive problem-solving abilities, capable of identifying issues and implementing effective solutions.Adaptability: Flexible and adaptable in a fast-paced environment, able to manage multiple priorities and deadlines.Collaboration: Strong collaboration skills, with the ability to work effectively with cross-functional teams across different regions.Integrity: Upholds the highest ethical standards, demonstrating transparency, honesty, and accountability in all financial dealings.Proactive: Takes initiative in driving process improvements and identifying areas for financial optimization.Time Management: Excellent organizational and time management skills, with the ability to prioritize tasks and meet tight deadlines.Technical Competencies/Skills Proficient computer skills, including Microsoft Office Suite (Word, PowerPoint, Outlook, with Advanced ExcelEducation Bachelor’s degree in Finance, Accounting, or a related field; CPA, ACCA, CA, or equivalent certification preferred.Experience At least 5 years of relevant accounting/finance experience Licenses and certifications CPA, ACCA, CA or equivalentPhysical demand and working conditionsProfessional office environmentAbility to travel regionally and internationally Pension FundMedical Aid

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