ACCOUNTANT: FINANCIAL PERFORMANCE

The successful candidate will be amongst other be expected to; Financial Management and Accounting review routine journal entries and ensure attachments of the relevant supporting documentation to ensure accuracy of trial balance; produce accurate accounts with supporting schedules and present the results to the manager: Financial Accounting and finance management; prepare accurate General Ledger reconciliation on a monthly basis with supporting documentation and resolve reconciling items timeously; review and recommend modifications to accounting systems and procedures; Analyse the Statement of Financial performance and Statement of Financial position variances and provide reasons for the variances; Review all accounts from the relevant systems, identify and resolve any findings or discrepancies; Review subsidiary ledger for accurate recording of accounts receivable transactions; Ensure that creditors are settled within prescribed time frames and as per Standard Operating Procedures; Oversee the cash flow management function and processing (i.e. bank, petty cash and cash flow forecasts); Prepare and submit all statutory returns i.e. PAYE, Income tax etc; Review the accuracy, validity and completeness of the processing of creditors invoices and ensure that errors are corrected prior to actioning; Produce expenditure budget using the latest forecast information and compile consolidated budgets at consolidated and cost centre levels; Contribute towards the implementation and maintenance of adequate budget control procedures, including internal and external reports; Assist with the financial statement process through compiling relevant financial information and summarising the financial status in preparation of interim and quarterly financial statement; Provide support in the preparation of annual financial statements in accordance with the PFMA, and Generally Recognized Accounting Practice (GRAP); Perform cash management functions for BMA in consultation with the Manager: Financial Accounting; Check, review and sign off debtors, creditors and bank reconciliations; Prepare monthly balance sheet reconciliations; Perform monthly asset reconciliations and monthly spot check verification of assets; Ensure that fixed assets registry and insurance is timeously updated; Assist with the management of fixed assets; Coordinate the month-end close and reporting. Risk and Compliance Assist in the establishment, maintenance and improvement of Standard Operating Procedures, policies, and guidelines relating to the Financial Accounting; Preparation of management reports, financial statements and other financial related reports and correspondence; Assist both internal and external auditors in execution of their audits and ensure all documents needed for the audit are provided and matters are resolved; Ensure financial procedures and process maps and internal controls are adhered too; Ensure policies are reviewed, developed and implemented in line with relevant legislature; Provide input into the business unit’s risk register in consultation with the Manager; Financial Accounting; Assist in identifying and adhering to fraud controls, risk prevention principles, sound governance and compliance processes, and tools to identify and manage risks; Maintain quality risk management standards in line with relevant requirements; Monitor changes in the regulatory environment and ensure that appropriate operational controls are implemented to address new requirements; Maintain and enforce all related Service Level Agreements to minimise business risk and ensure business continuity; Oversee the maintenance and enforcement of all Financial Management and Accounting related Service Level Agreements to minimise business risk and ensure business continuity; Ensure adherence in the team to all relevant laws, policies and Standard Operating Procedures throughout the organisation. Stakeholder Management and Relations Ensure sound relationships with internal and external stakeholders; Engaging with the right internal stakeholders to ensure they gain understanding of operational financial issues, cost-saving goals, value-add, compliance and organizational input moving forward; Ensure internal customer service and satisfaction; Build and maintain relationships with all BMA officers including EXCO, MANCO for the purposes of expectations management and knowledge sharing; Provide advocacy on matters related to management financial accounting activities to make informed decisions; Represent and participate in the organisation’s committees and tasks teams when required; Convene and attend meetings and present findings and business cases to relevant stakeholders when required; Implement timeous communication on progress and challenges in achieving the tactical work plans to impact stakeholders; Attend industry related forums, conferences and workshops to gain industry insight for the purpose of business improvement; Implement timeous communication on progress and challenges in achieving the operational plans to impacted stakeholders.