Job Description
Group Accountant – Overheads
Purpose of Job
Maintaining accurate financial and tax reporting while adhering to managing and implementing accounting and reporting control.
Reporting and Reporting Controls
Preparation of annual financial statements for various companies
Preparation of Group consolidated annual financial statements
Preparation and submission of IT14s on e-filing
Preparation and submission of provisional tax returns
Preparation and submissions of Dividend Tax Returns
Reconciliation and submission of VAT and Withholding Tax returns for South African entities as well as foreign entities
Compilation of annual budgets and forecasts
Monthly review of bank reconciliations
Processing of monthly general journal entries and consolidation entries
Manage and review trial balances for all reporting entities
Consolidation for all reporting entities
Reconciliation of general ledger and sub ledgers monthly and the preparation of balance sheet reconciliations.
Compile/review monthly management accounts for all reporting entities
Performing month end and year end accounts system closures
Preparation and submission of quarterly reporting packs and working papers for group reporting
Liaising with various internal and external auditors
Review and authorization of payments on banking system (FNB online)
Develop, monitor, review and implement internal accounting and other accounting related policies
Qualifications
- Com Honours or bachelors degree in accounting (B. Com)
- Articles will be advantageous.
Experience
- Minimum of 5 years relevant experience in accounting/reporting role.
- Staff management experience
- Group reporting, taxation and consolidation experience.
Knowledge
- To perform this job successfully, an individual should have extensive knowledge of Computer Skills: Microsoft Word; Microsoft Excel, MS Office as well as experience on a well-known accounting package.
- Cognos experience will be advantageous.
- Business Central experience will be advantageous
- Draftworx Experience
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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