Group Financial Accountant

Placements24; Richards Bay; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Annual bonus

Medical aid

Provident fund

Hybrid work model

Career development opportunities

Job summary

Placements24 in Richards Bay, KwaZulu-Natal, seeks a Group Financial Accountant to consolidate financial statements for multiple entities and ensure IFRS compliance across the group. The role anchors group reporting with a strong emphasis on intercompany eliminations and policy adherence.

The ideal candidate has a CA(SA)/ACCA/CIMA, 5+ years in group accounting, IFRS expertise, and ERP experience (SAP/Oracle) with advanced Excel.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• Professional qualification (CA(SA), ACCA, or CIMA) essential.
• Minimum 5 years in financial accounting with focus on group consolidations.
• Strong IFRS knowledge and group accounting standards.
• Experience with large ERP systems (SAP, Oracle) and advanced Excel.

Responsibilities

• Lead the consolidation of financial statements for multiple subsidiaries in accordance with IFRS.
• Ensure accuracy and completeness of the group's general ledger and trial balance.
• Prepare and analyze group-level financial reports, with variance commentary.
• Manage intercompany reconciliations and eliminations.
• Oversee compliance with group accounting policies and procedures.
• Assist in budgets and forecasts for the group.
• Liaise with subsidiary finance teams for timely data submission.
• Support ad-hoc financial analysis and projects as required.
• Ensure all statutory and regulatory reporting for the group is met on time.

Skills

Consolidation

IFRS expertise

Financial reporting

Excel advanced

Intercompany reconciliations

Education

Bachelor's degree in Accounting or Finance

CA(SA)/ACCA/CIMA qualification

Tools

SAP

Oracle

Excel

Job description

About the Role

Our client, a rapidly expanding conglomerate with diverse business interests, is seeking a highly competent Group Financial Accountant to join their finance division in Richards Bay, KwaZulu-Natal . This role is integral to the consolidation of financial statements for multiple entities, ensuring adherence to group policies and IFRS standards. The ideal candidate will possess strong consolidation, analytical, and reporting skills, coupled with a meticulous attention to detail. You will play a key role in enhancing the group's financial infrastructure and providing critical insights to the executive team. The position demands a proactive and adaptable individual capable of thriving in a complex, multi-entity environment. We are looking for someone who can contribute to the strategic financial direction of the group, ensuring consistency and accuracy across all reporting lines. The Richards Bay office serves as a central point for group financial operations.

Key Responsibilities

• Lead the consolidation of financial statements for multiple subsidiaries in accordance with IFRS.
• Ensure accuracy and completeness of the group's general ledger and trial balance.
• Prepare and analyze group-level financial reports, including commentary on significant variances.
• Manage intercompany reconciliations and eliminations.
• Oversee compliance with group accounting policies and procedures.
• Assist in the preparation of budgets and forecasts for the group.
• Liaise with subsidiary finance teams to ensure timely submission of financial data.
• Support the finance team in ad-hoc financial analysis and projects as required.
• Ensure all statutory and regulatory reporting requirements for the group are met accurately and on time.

Requirements

• Bachelor's degree in Accounting or Finance.
• A professional qualification (CA(SA), ACCA, CIMA) is essential.
• Minimum of 5 years of experience in financial accounting, with a strong focus on group consolidations.
• In-depth knowledge of IFRS and group accounting standards.
• Experience with large ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
• Proven ability to manage complex financial data and perform detailed analysis.
• Excellent communication and interpersonal skills, with the ability to work effectively with diverse teams.
• Strong organizational skills and the ability to manage multiple tasks and deadlines.
• Experience in a conglomerate or multi-entity environment is highly advantageous.

Benefits

Our client offers a competitive remuneration package, including annual bonuses and comprehensive medical aid and provident fund benefits. Opportunities for professional development and further qualifications are actively supported. This hybrid role provides a balance between working from our modern Richards Bay office and remote work flexibility. You will be part of a dynamic and supportive finance team, contributing to the strategic growth of a prominent group. The company culture encourages innovation and continuous improvement, offering excellent career progression prospects within the organization. Be part of a leading entity in the industrial sector.