Senior Financial Accountant4Racing • Johannesburg, Gauteng, South Africa

Senior Financial Accountant

4Racing • Johannesburg, Gauteng, South Africa

10 days ago

Job description

Key Performance Areas

Financial Reporting

Ensure accuracy, completeness, and timeliness of financial reports.

Prepare monthly and annual financial statements in accordance with IFRS.
Maintain audit readiness file. Conduct payroll reconciliations and confirm tax obligations.
Identify cost-reduction and process improvement opportunities.
Resolve accounting queries independently.
Submit financial reports to internal and external stakeholders on time.
Budget Management
Assist in developing annual budgets and periodic forecasts.
Collect and consolidate inputs from departments.
Prepare management reports and analyse cost centre variances.
Provide financial insight to support business planning.
Maintain Power BI dashboards to visualise performance against budget.

General Ledger Management

Ensure all journal entries are accurate, authorised, and supported.

Maintain and reconcile general ledger accounts. Perform monthly adjustments, accruals, and balance checks.

Support financial system enhancements and integrations.

Maintain integrity of the trial balance.

VAT & Regulatory Compliance

Compile, reconcile, and submit VAT returns accurately and on time.

Ensure compliance with SAS requirements and maintain audit trails.

Address VAT-related queries and discrepancies.

Monitor changes in tax legislation and assess business impact.

Payroll & Statutory Submissions

Oversee monthly payroll processing and reconciliations.

Prepare payroll journals and provisions.

Ensure compliance with PAYE, UIF, SDL, and other statutory obligations.

Liaise with HR and external payroll providers.

Support annual remuneration and payroll audits.

Audit Management

Coordinate annual external and internal audit processes.

Compile supporting audit files and provide requested evidence.

Ensure compliance with financial legislation to minimise audit findings.

Implement audit recommendations.

Payment Processing

Conduct first-level review of payment requests.

Facilitate timely and accurate payments within delegated authority.

Reconcile supplier accounts and monitor cash flow requirements.

Strengthen payment controls and documentation.

Ad Hoc / Projects

Provide financial analysis and ad-hoc reports as required.

Act as backup for other finance roles.

Support system upgrades and automation projects.

Mentor junior finance staff and review their work.

Qualifications, Knowledge & Skills

Minimum

Bachelors Degree (NQF level 7) in Accounting

CA(SA) or equivalent professional qualification

Completed SAICA / SAIPA articles Essential

Strong IFRS background

Minimum 2 years post-articles experience in a corporate finance or accounting role (outside of audit)

Proven experience in budgeting, forecasting, and financial analysis

Experience in VAT compilation, reconciliation, and submission

Experience in payroll accounting and statutory submissions (PAYE, UIF, SDL)

Advanced proficiency in Excel and Power BI (dashboard design and data modelling)

Experience with ERP systems (SAP, Sage, or similar)

Ideal

Postgraduate qualification (NQF level 8) in Finance advantageous

Advanced Excel proficiency

Power BI dashboard development experience advantageous.

Experience in financial planning and analysis, system automation, or digital reporting

Technical Skills

Strong proficiency in financial accounting systems (SAP, Sage, Oracle, or similar)

Advanced Excel (pivot tables, lookups, complex formulas)

CaseWare financial statement preparation

Knowledge of IFRS, VAT, payroll, and tax regulations

Budgeting, forecasting, and analytical reporting

Reconciliation, audit preparation, and consolidation experience

Advanced MS Office Suite skills

Analytical thinking and problem-solving ability

Excellent attention to detail and accuracy Power BI proficiency (data modelling and dashboard building)

Behavioural Competencies

Proactive and results-driven

Reliable, disciplined, and able to work independently

Strong collaborator and supportive team player

Upholds integrity, confidentiality, and professionalism

Continuous learner with a drive for process improvement and automation

It is 4Racings intention to promote equity (race, gender, and disability) through the filling of this post with a candidate whose transfer / promotion / appointment will promote representativity in line with the numeric targets as contained in our Employment Equity plan.

Desired Attributes

Accuracy - The ability to execute outputs with exactness and precision thereby eliminating errors

Self-Motivated - The ability to pursue the achievement of an output / objective by internal locus of control without external motivation

Work Under Pressure -The ability to maintain work rate according to standards whilst operating under severe time and delivery constraints

Reliability - The ability to be trusted to do what is expected in terms of work outcome

Resilience - The ability to process information, negative and positive, and be able to continue work without negative effect

Self-Starter - The ability to act independently and start processes without any external motivation

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Financial Accountant • Johannesburg, Gauteng, South Africa

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