Management Accountant

South African Broadcasting Corporation; Durban; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A national broadcasting service in Durban seeks a skilled Management Accountant to develop and oversee financial services and ensure compliance with organizational policies. The ideal candidate has a National Diploma or Degree in Financial Management, along with at least 6 years of finance experience. Responsibilities include preparing financial reports, managing financial transactions, and offering guidance on compliance and governance. This opportunity is open to all qualified applicants, with an emphasis on enhancing diversity in the workplace.

Qualifications

• At least 6 years’ experience in Finance.
• Knowledge of Public Financial Management Act and applicable legislation.
• Understanding of the broadcasting landscape.

Responsibilities

• Develop and manage financial services for business units.
• Prepare and review monthly financial reports.
• Ensure compliance with financial policies and procedures.

Skills

Business planning

Budget management

Strategic management

Project management

Good judgement

Education

National Diploma or Degree in Financial Management

Tools

SAP

Job description

Career Opportunities: Management Accountant (13046)

Requisition ID 13046 - Posted - KZN:Finance - KZN Region: Finance - KZN - Durban

DIVISION : GROUP SERVICES: FINANCE

REPORTING LINE : SECTIONAL LEAD: FINANCE MANAGER

POSITION ID : 60017704

Main Purpose of the Position

To develop, manage, and maintain efficient and effective financial services to the business units that will achieve the current financial strategy through planned and effective processes.

Responsibilities

• DEVELOPMENT AND IMPLEMENTATION OF STRATEGY
  • Optimize the function of Financial Accounting to achieve maximum efficiency and service levels to provide accurate and timely financial information for management to make informed decisions.
• Preparing and reviewing the radio station’s monthly financial report
• Analyze actual income and expenditure
• Reviewing reconciliations and taking corrective action timeously
• Coordinating with radio stations to compile annual budget and forward future planning
• Ensure the processing of financial transactions with adherence to SABC’s financial policies and accounting procedures
• Review and action requests from internal and external auditors
• Perform ad-hoc financial investigations
• Assist, drive, or participate in projects as they occur during the financial year or any ad hoc requests from the financial manager
• BUSINESS OPERATIONAL EFFICIENCY
  • Process data into the financial system to reflect correct and accurate reports
  • Manage the General Ledger Book
  • Management and Administration of Capex
  • Maintain Fixed Asset Register
  • Management of monthly General Ledger Reconciliation and clearing of GL accounts
  • Prepare monthly Creditors Reconciliation
  • Prepare month-end and ad-hoc reports
  • Cash Management
  • Authorizing Freelance payments
  • Check and approve personal claims
  • Reviewing and approving purchase requisitions
  • Review and approve trade exchange requests
  • Approving sundry payments
  • Ad hoc requests from management and clients (internal and external)
  • Management of contracts (Writers and freelance, etc.)
  • Management of Trade Payables and Trade Receivables
  • Settlement of all travel and operational advances
  • Prepare and post monthly provisions and accruals journals
• GOVERNANCE RISK AND COMPLIANCE
  • All financial transactions to comply with IFRS, legislation, the delegation of Authority framework, and SABC policies and procedures
  • Responsible for overseeing the filing and storage of all financially related documentation
  • Management of risk
  • Provide advice and guidance to stations with finance processes and policies
  • Provide reports on deviations in policies, i.e., payment without contracts
  • Ensuring adherence to policies and procedures of all financial transactions.
• STAKEHOLDER MANAGEMENT
  • Alert management of any discrepancies
  • Liaise with Stakeholder Management on ad hoc finance requests
  • Communicate with internal and external stakeholders and maintain professional standard always.

Inherent/Minimum Requirements

QUALIFICATIONS

• National Diploma or Degree in Financial Management or an equivalent qualification (NQF6/7)

EXPERIENCE

• At least 6 years’ experience in Finance

KNOWLEDGE

• Business planning and complexity theory
• Knowledge and understanding of the Public Financial Management Act and other applicable legislation
• Knowledge of Government Regulations and IFRS, and financial accounting standards
• Knowledge of financial and commercial matters with a specific focus on costs, profits, markets, new business opportunities, and activities that will bring the largest return
• Good judgement to make rational, realistic, and sound decisions based on consideration of all the facts and alternatives available
• Budget management and forward scenario planning
• Strategic management
• Management information systems and SAP
• Scenario planning and Trend analysis
• Understanding of the different role players within the broadcasting landscape
• Project management

This opportunity is open to all qualifying applicants. In line with our Employment Equity commitments, we encourage persons with disabilities to apply.