Group Financial Accountant

Placements24; Stellenbosch; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Private medical aid

Retirement annuity

Performance-related bonuses

Job summary

Placements24 in Stellenbosch, Western Cape, seeks a Group Financial Accountant to manage group consolidation and IFRS reporting within a hybrid work setup.

You will lead intercompany eliminations, coordinate budgets, and partner with subsidiary finance teams to support year-end audits and strategic financial initiatives, ensuring policy compliance and data integrity across the group.

Qualifications

• Bachelor's degree in Accounting or Finance or equivalent.
• Minimum 5 years accounting experience with group consolidations.
• Strong IFRS knowledge and financial analysis skills.

Responsibilities

• Prepare and review consolidated financial statements per IFRS.
• Manage intercompany reconciliations and eliminations.
• Ensure compliance with group policies and procedures.
• Assist in budgets and forecasts for the group.
• Support year-end audit process and provide data to auditors.
• Identify process improvements within the group finance function.
• Maintain the group chart of accounts and data integrity.
• Coordinate with subsidiary finance teams to gather financial data.

Skills

Advanced Excel

Financial analysis

Intercompany reconciliations

Education

CA(SA) or equivalent

Tools

SAP

Oracle

Job description

About the Role

Our client, a leading conglomerate with diverse business interests, is seeking a highly competent Group Financial Accountant to join their corporate finance team in Stellenbosch, Western Cape. This role is critical for managing and consolidating financial information across multiple subsidiaries. The Group Financial Accountant will be responsible for ensuring the accuracy and integrity of group financial reporting, implementing group accounting policies, and supporting strategic financial initiatives. The ideal candidate will possess a strong grasp of consolidated financial statements, IFRS, and a proactive approach to problem-solving. This position offers a significant opportunity to work with a broad spectrum of financial data and contribute to high-level strategic decisions within a dynamic corporate structure. The role involves a hybrid work arrangement, balancing essential in-office collaboration with remote work flexibility. We are seeking an individual with excellent analytical skills and a commitment to financial excellence.

Key Responsibilities

• Prepare and review consolidated financial statements in accordance with IFRS.
• Manage intercompany reconciliations and eliminations.
• Ensure compliance with group accounting policies and procedures.
• Assist in the preparation of budgets and forecasts for the group.
• Perform detailed financial analysis and provide insights to senior management.
• Coordinate with subsidiary finance teams to gather financial data.
• Support the year-end audit process for the group.
• Identify and implement process improvements within the group finance function.
• Maintain the group chart of accounts and ensure accurate data capture.

Requirements

• Bachelor's degree in Accounting or Finance; CA(SA) or equivalent qualification required.
• Minimum of 5 years of relevant accounting experience, with strong exposure to group consolidations.
• In-depth knowledge of International Financial Reporting Standards (IFRS).
• Experience with accounting software and ERP systems (e.g., SAP, Oracle).
• Advanced Microsoft Excel skills for financial modeling and analysis.
• Strong analytical and problem-solving capabilities.
• Excellent communication and interpersonal skills, with the ability to liaise across different business units.
• Ability to manage multiple tasks and deadlines in a dynamic environment.
• Experience working in a hybrid model is advantageous.

Benefits

Our client offers a competitive salary and a comprehensive benefits package, including private medical aid, a retirement annuity, and performance-related bonuses. Opportunities for professional growth and development, including exposure to various business units and further training, are actively encouraged. The hybrid work model provides flexibility, with regular interaction with colleagues in our modern Stellenbosch, Western Cape offices. This is an exciting opportunity to join a leading organization and make a significant contribution to its financial success.