Sr Financial Accountant
Oasis Group Holdings Pty Ltd, South Africa

Job Summary

Key responsibilities will include record keeping, management and financial accounting, analysis, budgeting, reporting and ensuring that all corporate accounting and reporting requirements and deadlines are met. The successful candidate will also be responsible for the reporting and consolidating of businesses and financial reporting from the respective accounting functions, as well as ensuring continuous Implementation and strict application of a set of operational standards and controls throughout the company.

Accounting

• Ensures compliance with applicable accounting and corporate policies and ensure that entries are recorded in compliance with the policies and accounting standards.
• Implement and ensure adherence to internal control processes.
• Monitors the month-end close and the preparation of month-end management accounts
• Ensure that financial statements are generated for the holding companies, operating companies and all affiliates.
• Interact with external auditors at the time of audit.
• Ensure that all tax submissions are done on time and accurately.
• Ensure controls over Fixed Assets records and reporting.
• Familiar with a variety of accounting concepts, practices, and procedures.
• Ensure completeness, accuracy, time lines, accessibility and consistency objectives are met and that the books comply with accounting policies and procedures.
• Work with the Accounting Team leaders to manage workload and allocation of staff.
• Ensure that there are adequate programs in place for staff training and education.
• Continuously review the processes and suggest necessary improvements to extract maximum efficiencies.
• Support training and on boarding processes as appropriate
• Supervision over the function within the department for which they are responsible for, being general accounting, property accounting, cost accounting, and budgetary controls.
• Ensure that detailed processes are in place.
• Monitor and manage adherence to the process.
• Review all aspects of the process and not only review the end product

Financial Reporting

• Submission of accurate and complete Budgets and Forecasts on a monthly basis by the last day of the month
• Submission of Detailed Cost Analysis Reports with cost analysis projections on a quarterly basis
• Preparation of Cost Control Reports and Variance Analysis
• Ensure that Weekly Reports are prepared and submitted on time, are accurate and of the required quality
• Ensure that Monthly, Quarterly, Semiannual and yearly compilation of the financial statements are completed on time
• Ensure that financial information received from various departments is reviewed and checked before submission to the CFO.
• Ensure that preparation of Monthly Management Accounts with detailed analysis is completed and submitted within the desired deadlines:
• Ensure that reports to the Board Meeting, Audit Committee, Operations Reporting Meeting, Head of Department Meeting and Department meeting are of good quality and accurate and they are submitted on time.

• Chartered Accountant.
• A Masters In Business Administration (Specialisation in Finance), Masters in Taxation or Masters in Accounting would be an added advantage.
• Completed articles with a globally reputable Audit Firm.
• Registered Chartered Accountant having passed the Board Exams at 1st attempt.
• Stable career history.
• Good working knowledge on Accounting Package (Pastel, Oracle, Caseware, MDA etc); Candidate should have –5 to 10 years of experience Must have an in-depth knowledge of corporate and tax laws and regulatory requirements in order to ensure that the returns, account etc. are filed on a timely basis.
• Must have existing experience of the capital adequacy requirements of financial services companies, International tax, and financial regulatory and reporting requirements (IFRS/GAAP).
• Candidate with previous experience in fund management industry will have a distinct advantage over a conventional accountant;
• Candidates with experience in a large multinational environment with a strong focus on management and cost accounting will be suited to this role as well;
• Candidate must have the ability to perform electronic reviews of accounting information and the ability to type reports to management on an ongoing basis;
• Operating in a fully computerised financial accounting environment and know how to ensure the accuracy of Static data on the systems;

Job Rewards and Benefits