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Port Elizabeth: Financial Statements Quality Reviewer

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Job Description

The Calling Over process is a critical quality control step aimed at identifying and correcting errors before the Annual Financial Statements (AFS) are issued to clients. The incumbent is responsible for ensuring that the AFS are accurate, complete, consistent, and professionally presented, as any errors may negatively impact the firms reputation. A sound understanding of the applicable accounting frameworks, specifically International Financial Reporting Standards , is essential to ensure that the AFS are fully aligned with these standards. Key Responsibilities: Perform casting of the final AFS and review DataSnipper outputs to ensure accuracy and completeness. Clearly identify and mark any discrepancies, updating typing instructions with initials and date for tracking purposes. Call over all pages of the AFS, from the cover page to the final page, verifying spelling, wording, consistency, page numbering, classifications, reconciliations, and cross-references between the SOCI, SOFP, cash flow statement, and notes. Ensure that the SOFP balances and that all figures agree across the financial statements and accompanying notes. Reperform and review cash flow calculations where applicable, confirming alignment with the SOFP. Escalate any uncertainties or matters that may have a potential impact on the accuracy or integrity of the AFS.

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About Accounting / Finance Jobs in Nelson Mandela Bay

In the Nelson Mandela Bay region, the accounting and finance industry is a significant contributor to the local economy, with various sectors requiring skilled professionals to manage their financial operations. Generally, this field is in demand, particularly among companies operating in the technology, manufacturing, and services sectors. As a result, job seekers can expect to find opportunities for career growth and development.

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Typically, salaries for accounting and finance positions in Nelson Mandela Bay fall within broad ranges. For example, entry-level roles may see salaries ranging from R300 000 to R500 000 per annum, depending on the company size and industry sector. More senior positions can command higher salaries, often between R800 000 and R1.5 million per annum. However, it is essential to note that these figures are general estimates and may vary significantly based on factors such as experience, qualifications, and specific job requirements.

Common skills for accounting and finance roles in Nelson Mandela Bay include proficiency in financial software, analytical skills, attention to detail, communication skills, business acumen, and knowledge of tax laws and regulations. Generally, a strong understanding of financial reporting, budgeting, and forecasting is also highly valued. Many employers require candidates to hold relevant qualifications, such as a Bachelor’s degree in Accounting or Finance.

The accounting and finance industry is prevalent across various sectors in Nelson Mandela Bay, including the technology industry, manufacturing sector, and services sector. Financial professionals can find opportunities with companies that operate in these areas, often working on financial planning, budgeting, and forecasting. Other common industries include logistics, healthcare, and tourism.

For those interested in pursuing a career in accounting and finance, there are various development opportunities available. Many employers invest in professional development programs, which provide training and certification opportunities. Typically, career progression paths involve moving from entry-level roles to senior positions, with potential for advancement to leadership roles or specialized areas such as financial planning or risk management.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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