Job Description
About the Role
We are seeking a technically strong Financial Accountant for a leading financial institution in Sandton, Johannesburg. This role is ideal for a detail-oriented professional with a strong understanding of complex reporting structures, regulatory requirements, and data analytics.
Key Responsibilities
- Management Reporting: Compile and submit monthly financial reports, providing detailed commentary on performance (Actual vs. Budget vs. Forecast).
- Statutory & Regulatory Compliance: Ensure accurate submission of regulatory reports in line with group guidelines and resolve audit queries.
- General Ledger Oversight: Maintain the GL structure, ensure correct classification, and perform complex balance sheet reconciliations.
- Inter-company Transactions: Prepare and reconcile monthly inter-company recoveries.
- Transformation Projects: Actively participate in finance transformation and systems enhancement projects.
- Data Analytics: Track and analyze KPIs and metrics to provide business units with actionable financial data.
Requirements
- Qualification: B.Com Accounting degree with completed articles; CA(SA) or CIMA is highly preferred.
- Experience: 35 years post-article experience within Banking or Financial Services.
- Technical Skills:
- Sound knowledge of accounting principles and regulatory reporting.
- Experience with data analytics and metric creation.
- Proficiency in financial reporting systems (e.g., HFM, Essbase, or similar).
Qualifications
No qualifications mentioned.
Salary & Benefits
Market Related CTC.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Gauteng
The finance and accounting sector is a significant contributor to the economy of Gauteng, South Africa, providing numerous opportunities for professionals looking to advance their careers. With major financial institutions, banks, and multinational corporations based in the province, there is a high demand for skilled finance and accounting professionals.
Salary ranges in Gauteng are generally in line with national averages, but can vary depending on factors such as industry, company size, and level of experience. According to recent job postings, average salary ranges for finance and accounting positions in Gauteng include:
R250 000 – R350 000 per annum for junior finance professionals
R400 000 – R600 000 per annum for experienced accountants
R700 000 – R1 200 000 per annum for senior finance managers
Key skills required for success in the finance and accounting sector in Gauteng include:
Financial planning and analysis
Accounting standards and compliance (e.g. IFRS)
Data analytics and reporting
Communication and interpersonal skills
Budgeting and forecasting
Risk management
Business acumen and strategic thinking
Major employers in the finance and accounting sector in Gauteng include:
Standard Bank, one of South Africa’s largest banks, with its headquarters located in Sandton, Johannesburg.
Multinational corporations such as IBM, which has a significant presence in the province, and Unilever, a leading consumer goods company.
The Johannesburg Stock Exchange (JSE), which is also based in the province and provides opportunities for finance professionals to work in investment banking and stockbroking.
Career growth opportunities are available in the finance and accounting sector in Gauteng, with many companies investing in training and development programs to support their employees’ career progression. Senior finance managers can move into executive roles, while experienced accountants can take on leadership positions or start their own businesses. Additionally, the JSE offers a range of training programs and certifications for finance professionals, such as the Certified Financial Analyst (CFA) program.
Overall, the finance and accounting sector in Gauteng presents numerous opportunities for career advancement and professional growth, with a high demand for skilled professionals and competitive salary ranges.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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