Financial Controller (Temporary Contract-6 months) MMH260817-2

Momentum; Centurion; On-site; ZAR 700,000 - 1,000,000; Full time

Job summary

Momentum is seeking a skilled Senior Accountant to lead and support the statutory accounting team, enhance the finance function and manage risk across statutory entities. You will partner with the business to provide accurate financial information and drive improvements in reporting timelines.

The role focuses on statutory, reporting and financial control duties, day-to-day accounting, VAT, and coordinating audits, with emphasis on delivering reliable, timely insights to business partners and

Qualifications

• BCom/BCom Honours Accounting degree with 3-5 years relevant experience or CA with 2-3 years post articles experience.
• AGA(SA) designation holder or eligible for registration with SAICA.
• Preference for financial services industry experience.
• Understanding of internal finance processes and controls.
• Knowledge of relevant financial transacting systems.

Responsibilities

• Conduct all general accounting duties in line with accounting principles and within agreed timeframe.
• Contain costs within budget parameters and ensure implementation of appropriate financial controls.
• Identify and implement opportunities for optimisation within area of responsibility.
• Contribute to monthly reconciliations for balance sheet and income statement accounts, in preparation for financial reporting.
• Assist with compiling reports and analysing variances, by providing accurate financial information.
• Assist in identifying and reconciling discrepancies and problems in reports, to contribute to accurate financial reporting that creates business value.
• Contribute to the audit process and resolve any audit queries within set deadlines.
• Review monthly journals and ensure ad hoc invoices are captured timeously and accurately on the payments system.
• Execute the financial aspects of contracts and verify that all financial commitments listed in agreement are met based on terms written in contract.
• Investigate and resolve any financial queries.
• Provide insight and analysis to users of financial information by providing commentary thereon, including any trend analysis.
• Assist in planning, developing and refining of the finance operating model as the needs and requirements of the business change.
• Focussed on continually striving to improve reporting timelines and the quality and relevance of financial information being reported.
• Assist in refining and maintaining the internal financial control monitoring, reporting and auditing frameworks.

Skills

Understanding of internal finance?

Knowledge of relevant financial transa

Education

BCom/BCom Honours Accounting degree with 3-5 years relevant experience or CA with 2-3years post articles experience

AGA(SA) designation holder or eligible for registration with SAICA

Job description

Role Purpose

Responsible for performing and controlling general accounting duties, in support of the overall finance operations and to manage risk and ensure accuracy of financial information. The purpose of this role is to lead and support the statutory accounting team with the enhancement and oversight of the finance function for a several statutory entities within Momentum Investments. The role will entail a statutory, reporting and financial control components which will include the day to day running of the accounting function and providing finance support to the business (as a business partner).

Requirements

• BCom/BCom Honours Accounting degree with 3-5 years relevant experience or CA with 2-3years post articles experience (desirable).
• AGA(SA) designation holder or eligible for registration with SAICA.
• Preference for financial services industry experience.
• Understanding of internal finance processes and controls.
• Knowledge of relevant financial transacting systems.

Duties and Responsibilities

Process

• Conduct all general accounting duties done in line with accounting principles and within agreed timeframe, including creditor payment process, process and upload journals with agreed timeframes, month end accounting process, VAT reconciliations and VAT returns.
• Contain costs within budget parameters and ensure implementation of appropriate financial controls.
• Identify and implement opportunities for optimisation, within area of responsibility.
• Contribute to monthly reconciliations for balance sheet and income statement accounts, in preparation for financial reporting.
• Compare expenses to budgets and identify reasons for variances, in order to provide financial insights in reporting.
• Assist with compiling reports and analysing variances, by providing accurate financial information.
• Assist in identify and reconciling discrepancies and problems in reports, to contribute to accurate financial reporting that creates business value.
• Contribute to the audit process and resolve any audit queries within set deadlines.
• Review monthly journals and ensure ad hoc invoices are captured timeously and accurately on the payments system.
• Execute the financial aspects of contracts and verify that all financial commitments listed in agreement are met based on terms written in contract.
• Investigate and resolve any financial queries.
• Provide insight and analysis to users of financial information by providing commentary thereon, including any trend analysis.
• Assist in the planning, developing and refining of the finance operating model as the needs and requirements of the business change.
• Focussed on continually striving to improve reporting timelines and the quality and relevance of financial information being reported.
• Assist in refining and maintaining the internal financial control monitoring, reporting and auditing frameworks.

Client

• Investigate internal client queries within the agreed service level and ensure that client receives timeous feedback.
• Escalate internal client queries to the relevant department or stakeholder.
• Provide authoritative, expertise and advice to internal clients and stakeholders.
• Build and maintain relationships with clients and internal and external stakeholders.
• Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed.
• Make recommendations to improve client service and fair treatment of clients within area of responsibility.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.

People

• Effective team management.
• Assist the finance team members to consistently discharge their duties in terms of the business strategy process, both in terms of analysis and continuous effective communication
• Develop and maintain productive and collaborative working relationships with peers and stakeholders.
• Positively influence and participate in change initiatives.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Take ownership for driving career development.

Finance

• Contribute to development of budgets to minimise expenditure and optimise profitability, in alignment with operational plans.
• Ensure accurate GL allocation of expenses.
• Contribute to the financial planning process within area.
• Identify opportunities to enhance cost effectiveness and increase operational efficiency.
• Manage financial and other company resources under your control with due respect.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.