Lead Group Accountant

Placements24; Cape Town; Hybrid; ZAR 1,100,000 - 1,900,000; Full time

Benefits offered by this job

Medical aid

Retirement fund

Hybrid work model

Job summary

Placements24 in Cape Town is seeking a Lead Group Accountant to head the group financial reporting function. You will consolidate IFRS-compliant statements, oversee intercompany activities, and drive robust controls in a multinational setting.

The role blends office collaboration with remote work in a hybrid model and demands 7+ years in group accounting, strong leadership, and advanced Excel/data analysis to support strategic decisions.

Qualifications

• Professional accounting designation (CA(SA), ACCA or CPA) is essential.
• 7+ years post-qualification experience in group accounting, consolidation or financial reporting.
• Strong IFRS knowledge and experience with consolidation processes.
• Experience with consolidation software (HFM/Cognos) and ERP systems; hybrid work capability.
• Excellent leadership, communication and analytic skills; proficient in Excel.

Responsibilities

• Lead the preparation and consolidation of group IFRS financial statements.
• Manage intercompany transactions, reconciliations and eliminations.
• Oversee group chart of accounts and ensure consistency across entities.
• Develop internal controls and financial policies for group entities.
• Coordinate with subsidiary finance teams for timely data submission.
• Analyze performance, variances and KPIs for group management.
• Liaise with external auditors for group audits and statutory filings.
• Drive continuous improvement using technology and best practices.
• Prepare management reports, board pack commentary and presentations.
• Ensure compliance with local and international tax regulations.

Skills

Group accounting

IFRS knowledge

Consolidation

HFM

Cognos

Advanced Excel

Team leadership

Data analysis

Education

CA(SA) / ACCA / CPA

Tools

HFM

Cognos

ERP systems

Job description

About the Role

Our client, a prominent multinational corporation with significant operations in Cape Town, Western Cape, ZA , is seeking an accomplished Lead Group Accountant to spearhead their group financial reporting division. This pivotal role requires a seasoned professional adept at navigating complex financial structures and delivering insightful analysis. The position involves a hybrid work model, blending collaboration in our state-of-the‑art Cape Town office with the flexibility of remote work. You will be instrumental in ensuring the accuracy and integrity of consolidated financial statements, driving efficiency in reporting processes, and mentoring a high-performing team. This role offers a unique opportunity to influence strategic financial decisions within a globally recognized organization.

Key Responsibilities

Lead the preparation and consolidation of group financial statements in accordance with IFRS. Manage intercompany transactions, reconciliations, and elimination processes. Oversee the group chart of accounts and ensure consistent application across all entities. Develop and implement robust internal controls and financial policies for group entities. Coordinate with subsidiary finance teams to ensure timely and accurate data submission. Analyze financial performance, variances, and key performance indicators (KPIs) for group management. Liaise with external auditors for group audits and statutory filings. Drive continuous improvement initiatives within the group accounting function, leveraging technology and best practices. Prepare management reports, board pack commentaries, and presentations on financial performance. Ensure compliance with local and international tax regulations relevant to the group.

Requirements

A professional accounting designation (CA(SA), ACCA, CPA, or equivalent) is essential. A minimum of 7 years of post‑qualification experience in group accounting, consolidation, or financial reporting within a large, complex organization. Extensive knowledge of International Financial Reporting Standards (IFRS) and their practical application in group consolidations. Proven experience with financial consolidation software (e.g., HFM, Cognos) and advanced ERP systems. Strong leadership and team management skills, with a track record of developing talent. Excellent analytical, critical thinking, and problem‑solving capabilities. Superior written and verbal communication skills, with the ability to articulate complex financial information clearly. Proficiency in advanced Excel and data analysis tools. Experience working in a hybrid environment, demonstrating adaptability and strong self‑management. Ability to manage demanding deadlines and maintain a high level of accuracy under pressure.

Benefits

This role offers a highly competitive salary package, reflecting the seniority and scope of the position. Employees benefit from comprehensive medical aid, a generous retirement fund contribution, and substantial paid time off. Our client invests in professional growth, providing opportunities for advanced training, certifications, and attending industry conferences. The hybrid model allows for a balanced work‑life integration. Access to the company's modern office facilities in Cape Town includes catered lunches and wellness programs. You will be joining a reputable company with a strong commitment to employee development and career progression.