Financial Accountant
JSE LimitedSandton, Gauteng, South Africa30+ days ago
Job descriptionMaintain and develop relationships with relevant internal and external stakeholders by sharing information and providing customer service to ensure queries are addressed timeously. Manage escalation of risk customers through communication with team to ensure that risk customers are identified and solutions are provided to avoid long term financial risks and problems Build relationships with colleagues, peers and staff by using appropriate interpersonal styles Interact with others in a way that promotes openness and trust and gives them confidence in one’s intentions Primary contact for managing and co -ordinating queries and resolving concerns of external auditors and internal auditors with regard to Cashbook, Accounts payable and Accounts Receivable for the JSE Group Create and implement staff and resource plans to ensure that there is a clear work allocation and take accountability to deliver on the departmental / divisional strategy Ensure accuracy and disclosures in the statutory reporting to ensure zero audit finding results that will impact the JSE business strategy in line with standards and regulations Provide regular analysis of reports to internal stakeholders by communicating with stakeholders to meet stakeholder requirements Implement financial process system controls through implementation and development of financial targets and automation of processes to minimise financial risks Adhere to accounting policies and procedures for all areas of responsibility by maintaining a documented system Review the back office function, support and review recons Ensure costs are accurate and accruals and provisions are raised to complete monthly accruals, provisions and costs Adhere to debtors controls and processes to ensure accurate debtors book management Adhere to bad debt process controls to minimise bad debt write offs through timeous escalation of risk customers Analyse and understand actual data within the accounting records to ensure completeness, accuracy and validity of the financial statements Ensure creditors are paid timeously according to service level agreements through weekly reviews and reconciliations of creditors terms and conditions. Reviewing and approving creditor payments, client refunds, forex payments and Interest payments Ensure accruals and vendor invoices are communicated at month-end to relevant financial accountants to raise accruals Reviewing and posting monthly accruals, journal reallocations journals Signing off balance sheet recons for Accounts payable and Accounts receivable Reviewing and sign off of monthly supplier recons Preparing the EXCO finance dashboard. Reviewing the cost allocations, for telephone, printing and reimbursements, to ensure that costs are allocated to the correct GL and Cost Centre Analysing credit cards, spend and posting the journals Ensure accuracy of SOP's and RACM's for audit review Sign off on any refunds made by Accounts Receivable and ensuring that all the relevant documentation is attached Ensure month end reporting deadlines are adhered to Ensure all team members understand and support organisational and divisional strategy Take accountability for making others successful by removing obstacles to team performance and success Participate in recruitment processes to ensure selection contributing to success of team Ensure on boarding process is followed for all new hires and transfers to embed the JSE values and cultures Ensure self and team members has required skill and professional / technical expertise by assessing gaps and development areas and creating development plans Ensure each team member has a job profile that profiles team member with a view of full performance in the job Create performance agreement for each team member with measurable goals and objectives so that they understand how their performance will be viewed, recognised and rewarded Conduct performance review sessions with team members to review performance and progress against targets and agree on appropriate action required to meet targets or standards Engaged with team in such a way that the feel motivated to achieve better performance feel respects and diversity valued Epitomise living the JSE way and keep team accountable for displaying the values in their behaviour Support implementation of business optimisation improvement through team engagement Encourage innovation, listen and act upon ideas from team and provided technical / expert contribution Meet EE / BEE targets as related to team through appropriate recruitment selection decisions Postgraduate degree in Accounting would be desirable Minimum 3 – 5 years’ experience in a contract management function Basic software applications (e.g., Outlook, Word, Excel, Access, Internet, Email) Accounting software Income and VAT Act Accounting practices, principles and standards Accounting analysis / reconciliation Business continuity standard Business principles Decision-making process Business terms and definitions Business writing Business metrics Capacity planning Change management Communication strategies Employee training / development Performance management and evaluation methods Building and maintaining effective relationships with stakeholders
WHY JOIN THE JSE? The JSE recognises that its success and strength depend on the quality of its employees. We are committed to fostering a culture of continuous learning and high standards of performance. Our employee wellness programme is designed to encourage work-life balance for employees. We naturally seek to empower staff and encourage diversity and opportunities for all.
Introduction
To ensure the implementation and maintenance of accounting best practices, within a financial environment to optimise financial performance of JSE.
Business and Financial Results Management
- Manage debtors collection including multi-currency for a book value of R400 Million adhering to statutory requirement of International Financial Reporting Standards and GAAP
- Ensure collections are received timeously to reduce risks regarding cash flow of JSE business
- Review and identify cost-reduction opportunities to reduce JSE business costs that impact JSE business strategy
Stakeholder Relationship Management
Process Management
Team Management
Transformation and Innovation Management
Knowledge and Skills required
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Financial Accountant • Sandton, Gauteng, South Africa
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