Financial Accountant (IFRS Specialist)

Placements24; Sandton; On-site; ZAR 700,000 - 1,000,000; Full time

Benefits offered by this job

Performance bonuses

Medical aid

Pension fund

Professional development

Career advancement

Job summary

Placements24 is assisting a leading financial institution in Sandton, Gauteng, to find a skilled Financial Accountant with strong IFRS expertise. The role focuses on accurate IFRS-compliant reporting, complex entries, and technical guidance to the finance team.

The ideal candidate holds a CA(SA) or ACCA, a Bachelor's in Accounting or Finance, and at least 4 years' relevant experience in financial accounting within financial services. SAP/Oracle and advanced Excel skills are advantageous.

Qualifications

• Bachelor's degree in Accounting/Finance; CA(SA) or ACCA required.
• At least 4 years of experience in financial accounting with a focus on IFRS.
• Strong IFRS knowledge and practical application.
• Experience with SAP or Oracle and advanced Excel.
• Excellent analytical, problem-solving, and organizational abilities.
• Strong communication and interpersonal skills.

Responsibilities

• Prepare and review IFRS-compliant financial statements.
• Interpret and apply IFRS standards to accounting transactions.
• Manage month-end and year-end close processes.
• Perform reconciliations of general ledger accounts and sub-ledgers.
• Assist in the preparation of regulatory filings and reports.
• Provide technical accounting support and guidance on IFRS matters.
• Identify and implement improvements to accounting processes and internal controls.
• Support external audits and provide necessary documentation.
• Analyze financial performance and variances, with explanations.

Skills

IFRS

CA(SA) / ACCA

Excel

SAP

Oracle

Financial analysis

Communication

Attention to detail

Education

Bachelor's degree in Accounting or Finance

CA(SA)

ACCA

Tools

SAP

Oracle

Job description

About the Role

Our client, a leading financial institution, is seeking a skilled Financial Accountant with specialized knowledge of IFRS to join their team in Sandton, Gauteng . This role is crucial for ensuring the accurate application of International Financial Reporting Standards in all financial reporting and accounting activities. The Financial Accountant will be responsible for preparing financial statements, managing complex accounting entries, and providing technical guidance on IFRS matters. The ideal candidate will possess a strong analytical mindset and a meticulous approach to detail, contributing to the financial integrity of the organization. This is a significant opportunity for a finance professional to advance their career within a reputable financial services company located in the heart of Sandton .

Key Responsibilities

• Prepare and review financial statements and disclosures in accordance with IFRS.
• Interpret and apply complex IFRS standards to various accounting transactions.
• Manage the month-end and year-end close processes, ensuring accuracy and timeliness.
• Perform reconciliations of general ledger accounts and sub-ledgers.
• Assist in the preparation of regulatory filings and reports.
• Provide technical accounting support and guidance to the finance team and other departments.
• Identify and implement improvements to accounting processes and internal controls related to IFRS.
• Support external audits and provide necessary documentation.
• Analyze financial performance and variances, providing explanations.

Requirements

• Bachelor's degree in Accounting or Finance; CA(SA) or ACCA qualification is required.
• Minimum of 4 years of experience in financial accounting, with a strong focus on IFRS.
• Deep understanding and practical application of IFRS principles.
• Experience with accounting software (e.g., SAP, Oracle) and advanced Excel skills.
• Excellent analytical, problem-solving, and organizational abilities.
• Strong communication and interpersonal skills.
• Ability to work under pressure and meet strict deadlines.
• Detail-oriented with a commitment to accuracy.
• Experience in the financial services sector is highly advantageous.

Benefits

• Competitive annual salary package of ZAR .
• Potential for performance bonuses and recognition.
• Contribution towards medical aid and pension fund.
• Opportunities for professional development and career advancement.
• Exposure to complex financial reporting in a leading firm in Sandton .
• Supportive and collaborative team environment.
• Access to advanced financial tools and resources.