Financial Accountant (Billing)

SUMMARY:
Our client, a leading Financial Institution is looking for a Financial Accountant to join their dynamic team.

POSITION INFO:
Job Purpose/ Job Summary
To ensure the implementation and maintenance of accounting best practices, within a financial environment to optimise financial performance of the Group with a focus on financial accounting

Minimum Qualification

• BCom degree in accounting
• Completed articles, Post Graduate qualification
• CA(SA)

• 3 years’ experience in a financial accounting supervisory role

• Business terms and definitions
• Business writing
• Business metrics
• Capacity planning
• Change management.
• Client service management
• Communication Strategies
• Resource allocation principles
• Stakeholder management
• Staff resource planning
• Coaching principles
• Diversity management
• Employee training/development
• Performance management and evaluation methods
• Job levels, Nature of job standards and performance agreements

• Communicating complex information orally
• Communicating complex written information
• Completing a project with constraints
• Conducting a needs analysis
• Developing multiple creative solutions
• Resolving disputes
• Assessing employee performance
• Building/leading a team.
• Managing a department
• Preparing financial reports
• Reviewing financial documents for completeness and accuracy
• Assessing and analysing financial statements
• Interpreting financial data

• Ensure departmental budgets are adhered to through management of resource allocations and variances to avoid inaccurate reports to the Exco and non-disclosure of costs
• Ensure statutory adhering to statutory requirements of IFRS (International Financial Reporting Standards)
• Review and identify cost-reduction opportunities to reduce business costs that impact the business strategy.
• Ensure all financial transactions are concluded by executing on financial month end close, as required by Listing requirements, International Financial Reporting Standards (IFRS) and internal reporting deadlines and requirements.
• Manage the billing team and ensure billing is accurate and complete.
• Timeous resolvent of issue

• Maintain 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

• Ensure accuracy and disclosures in the statutory reporting to ensure zero audit finding results that will impact the 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 and support to the back office and commercial team (includes posting, review of the respective TB's).
• Ensure billing accruals and complete monthly accruals, provisions, and costs through TB analysis for the Group.
• Analyse and understand actual data within the accounting records to ensure completeness, accuracy, and validity of the financial statements.
• Ensure the accuracy and completeness of intercompany transactions and that the required policies and agreements are in place.
• Monthly reconciliations
• Management of inter-company balances and transaction
• General ledger management and maintenance for the Group
• Prepare required disclosure for revenue for the Group.
• Support Tax and IFRS specialist.
• Understand IFRS and GAAP accounting regulations to align business processes with overall organisational priorities.
• Manage authorised credit notes through implementation of controlled document processes and adherence to standards of document processes.
• Enact strategy advised by the board and ensure decision taken by the Treasury Specialist follows the strategy.
• Perform Adhoc financial requests from business pertaining to general ledger information.
• Manage and review all revenue related conciliations for accounts related to the function.

• Engaged with team in such a way that the feel motivated to achieve better performance feel.
• respects and diversity valued.
• Epitomise living the 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

• Communication
• Decision Making
• Driving for Results
• Coaching
• Building Partnerships
• Continuous Improvement