Group Advisory and Consolidated Reporting Specialist | Cape Town

The Recruitment Council; Cape Town; On-site; ZAR 600 000 - 1 000 000; Full time

Job summary

Join a prominent player in the financial services industry as a Group Advisory and Consolidated Reporting Specialist. This dynamic role is crucial for ensuring accurate and IFRS-compliant financial reporting. You will provide strategic leadership, collaborate with stakeholders, and enhance reporting processes. With a focus on technical accounting excellence, you will support complex transactions and oversee group consolidations. This is a fantastic opportunity for a detail-oriented professional to make a significant impact in a challenging environment while driving strategic initiatives. Take the next step in your career by applying today!

Qualifications

• 6–8 years of experience in financial reporting and group consolidation.
• Strong knowledge of IFRS and risk management principles.

Responsibilities

• Lead financial reporting strategies and ensure IFRS compliance.
• Coordinate and consolidate Group financial statements.

Skills

Financial Reporting Standards (IFRS)

Technical Accounting Expertise

Group Consolidation Experience

Risk Management Principles

IFRS Consolidation Systems

Office Software Proficiency

Education

Chartered Accountant (CA(SA))

Tools

Financial Reporting Tools

Accounting Software

Job description

Our client, a prominent player in the financial services industry, is seeking a Group Advisory and Consolidated Reporting Specialist. This role is pivotal in ensuring accurate, IFRS-compliant financial reporting and disclosures that meet legal and regulatory standards. As a key advisor, you’ll contribute to technical accounting strategies, support business units, and oversee group consolidations to maintain the integrity and efficiency of the reporting process.

Key Responsibilities:

Strategic Leadership:

1. Provide strategic input into financial reporting strategies and processes.
2. Lead and assist in Group IFRS-specific projects as needed.
3. Proactively address non-compliance with IFRS and other regulations.

Advisory and Collaboration:

1. Deliver on-the-job training and constructive feedback to team members.
2. Offer technical accounting advisory for complex transactions, such as mergers, acquisitions, restructures, and funding solutions.
3. Support due diligence processes for intricate acquisitions.
4. Coordinate with auditors to align on technical accounting opinions and consolidate financial statements.

Financial Reporting:

1. Coordinate, consolidate, and review high-risk areas in Group IFRS accounts during reporting periods.
2. Prepare and review Group financial statements to ensure IFRS compliance and reliability.
3. Review financial statements for consistency with applicable standards and regulatory requirements.
4. Oversee the implementation of technical accounting conclusions across business units.

Process Improvement:

1. Enhance reporting processes and tools to improve efficiency and accuracy.
2. Monitor adherence to accounting policies and procedures by Group entities.
3. Develop and update templates, frameworks, and processes for consistent application of IFRS standards.

Stakeholder Engagement:

1. Provide detailed, quantitative insights to stakeholders, including responses to investor queries.
2. Review and coordinate external submissions, such as JSE filings and SENS announcements.
3. Facilitate internal reporting for stakeholders, Exco, and Board members.

Compliance and Development:

1. Implement new IFRS standards, frameworks, and disclosures.
2. Maintain Group technical accounting frameworks and ensure alignment with industry standards.

Qualifications:

1. Chartered Accountant (CA(SA))

Experience:

1. 6–8 years of experience in a similar role
2. Strong knowledge of Financial Reporting Standards (IFRS) and risk management principles
3. Extensive group consolidation and reporting experience
4. Solid technical accounting expertise
5. Experience with IFRS consolidation systems (advantageous)
6. Familiarity with the financial services industry and related financial systems
7. Proficient in relevant accounting practices and office software

Competencies:

1. Analyzing Information and Interpreting Data
2. Delivering Insights and Producing Accurate Outputs
3. Meeting Deadlines and Upholding Standards
4. Ensuring Compliance and Improving Processes

Why Join This Role?

This position offers a dynamic and challenging opportunity for a technical accounting professional passionate about financial reporting excellence. With the chance to drive strategic initiatives, collaborate with high-level stakeholders, and shape the Group’s reporting frameworks, this role is ideal for a driven and detail-oriented candidate looking to make a meaningful impact.
Take the next step in your career by applying today!