Project Employee, Finance - NBA Africa & BAL

National Basketball Association; Johannesburg; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading sports organization in Johannesburg seeks a Financial Accountant to manage accounting functions. Responsibilities include financial statement preparation, ensuring compliance with regulations, and conducting reconciliations. Candidates should have a Bachelor's degree in finance or accounting, with at least 3 years of relevant experience. Proficiency in IFRS and GAAP is essential. The role offers an opportunity to contribute to financial management in a dynamic environment.

Qualifications

• 3+ years of experience in financial analysis or accounting.
• Experience in preparing financial statements and conducting reconciliations.
• CFA or similar certification is a plus.

Responsibilities

• Manage day-to-day accounting activities including accounts payable.
• Prepare financial statements monthly, quarterly, and annually.
• Conduct regular bank and balance sheet reconciliations.
• Monitor and report on expenses.
• Support internal audit preparations and compliance.

Skills

Proficient in IFRS and GAAP

Analytical ability

Attention to detail

Skilled in accounting software and ERP systems

Clear communication

Organizational skills

Education

Bachelor’s degree in finance, accounting, economics

Tools

SAP

Oracle

Microsoft Office Suite

Job description

Overview

The Financial Accountant will manage NBA Africa’s accounting functions, ensuring accurate and compliant financial records. This role is essential for supporting accounting processes, preparing financial statements, and assisting with audits, while providing insights for improved financial management and efficiency.

Major Responsibilities

• General Accounting: Manage day-to-day accounting activities, including accounts payable, accounts receivable, and general ledger maintenance
• Financial Statements Preparation: Prepare monthly, quarterly, and annual financial statements in compliance with NBA policies and local standards
• Reconciliation: Conduct regular bank, balance sheet, and inter-company reconciliations to ensure accuracy and resolve discrepancies
• Expense Tracking: Monitor, record, and report on expenses, ensuring they align with budget and financial policies
• Internal Controls: Support internal control processes, ensuring adherence to NBA standards and local regulations
• Audit Support: Assist with internal and external audit preparations, providing required documentation and addressing audit inquiries
• Regulatory Compliance: Ensure NBA Africa’s financial records and reports comply with local accounting regulations and NBA policies
• Variance Analysis: Perform analysis of variances between budgeted and actual performance, providing insights for adjustments and improvements
• Tax Compliance: Prepare tax returns and support local tax compliance, working closely with the finance team and external consultants as needed
• Reporting: Generate periodic financial reports to support the Financial Manager and senior finance team with key insights
• Fixed Asset Management: Track, depreciate, and report on NBA Africa’s fixed assets to ensure accurate financial records

Required Skills/Knowledge

• Technical Accounting Skills: Proficient in IFRS and GAAP with a strong understanding of general ledger functions and financial statement preparation
• Analytical Ability: Skilled at performing reconciliations and variance analysis to ensure data accuracy
• Attention to Detail: Highly accurate in data entry, reconciliations, and reporting tasks
• Technical Proficiency: Skilled in accounting software and ERP systems (e.g., SAP, Oracle) and Microsoft Office Suite (Excel, Word, PowerPoint)
• Communication: Clear and effective communicator, able to explain financial data to team members
• Organizational Skills: Strong time management skills, able to meet deadlines and manage multiple accounting tasks effectively

Experience Needed

• 3+ years of experience in financial analysis, accounting, or a related field, ideally within a multinational or sports organization
• Proven experience in preparing financial statements, conducting reconciliations, and supporting audits
• Educational Background Required: Bachelor’s degree in finance, accounting, economics, or related field
• Certification: CFA or similar certification is a plus

Job Segment: ERP, Compliance, Accounts Payable, Accounts Receivable, Accounting, Technology, Legal, Finance