Financial Statements Quality Reviewer

SUMMARY:
NEW VACANCY!!
Our Client in the Finance industry has a new vacancy for a Financial Statements Quality Reviewer based in Port Elizabeth

POSITION INFO:
The Calling Over process is a critical quality control step aimed at identifying and correcting errors before the Annual Financial Statements (AFS) are issued to clients. The incumbent is responsible for ensuring that the AFS are accurate, complete, consistent, and professionally presented, as any errors may negatively impact the firm’s reputation. A sound understanding of the applicable accounting frameworks, specifically International Financial Reporting Standards, is essential to ensure that the AFS are fully aligned with these standards.

Key Responsibilities:

• Perform casting of the final AFS and review DataSnipper outputs to ensure accuracy and completeness.
• Clearly identify and mark any discrepancies, updating typing instructions with initials and date for tracking purposes.
• Call over all pages of the AFS, from the cover page to the final page, verifying spelling, wording, consistency, page numbering, classifications, reconciliations, and cross-references between the SOCI, SOFP, cash flow statement, and notes.
• Ensure that the SOFP balances and that all figures agree across the financial statements and accompanying notes.
• Reperform and review cash flow calculations where applicable, confirming alignment with the SOFP.
• Escalate any uncertainties or matters that may have a potential impact on the accuracy or integrity of the AFS.