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Senior Management Accountant

Heitha Staffing Group
Johannesburg Johannesburg, Gauteng Gauteng, South Africa
Closing date
Jun 24, 2024

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Job Role
Contract Type
Full Time

The purpose of this role is to perform various operational finance functions, aiding sound business operations.

Main Duties

1. Financial Control
  • Manage the updating and monitoring of adherence to financial policies and procedures, in line with the PFMA, other legislative prescripts and Board directives.
  • Contribute to and implement the financial strategy.
  • Monitor, review and evaluate internal control systems.
  • Prepare for and participate in the external audit by the Auditor General.
  • Prepare for and participate in relevant internal audits conducted by entitys Internal Auditors.

2. Financial Reporting
  • Prepare monthly Management Accounts with variances explanation.
  • Prepare all legislative reporting to the Department of Higher Education and Innovation and National Treasury as per their reporting timelines.
  • Prepare annual budgets and monitor monthly the actual spend against budget.
  • Review month-end financial closes, reconciliations, and related analysis of all accounts.
  • Verify the submission and monthly reconciliation of any statutory returns.
  • Prepare any financial reports and statements for financial analysis, forecasting, trending, and results analysis, including supporting schedules
  • Analyse monthly and quarterly expenditure reports for all cost centres and submit information to the Reporting, Risk and Compliance Manager.
  • Contribute to the preparation of the annual financial statements, including notes and supporting Schedules.

3. Expenditure Management
  • Approve supplier and creditor payments.
  • Approve procurement of goods & services.
  • Manage the recovery of credit notes, disallowances and subsistence and transport allowances.
  • Manage the allocation, reconciliation, and banking of revenue.
  • Manage all expenditure related queries, identify irregular expenditure, identify fruitless and wasteful expenditure, and provide the information to the relevant managers.

4. Financial Accounting
  • Resolve accounting discrepancies and irregularities.
  • Approve all relevant journal entries when required.
  • Analyse the monthly financial reports, monitor trends and drive appropriate action.
  • Manage creditors and oversee the monthly reconciliation. Authorise adjustments and access to financial databases (e.g. for new clients, and creditors).

5. Payroll
  • Draft and implement payroll administration and control policies.
  • Drive adherence to payroll procedures.
  • Coordinate and manage the entire payroll function to ensure processing deadlines and control requirements are being met.
  • Manage calculation of and authorise payment of termination payments. (resignation/retirement/redundancy).
  • Manage the calculation, payment, and reconciliation of payroll tax.
  • Manage and authorise the administration, calculation, payment and reconciliation of all superannuation contributions and third-party payments.
  • Liaise with management and staff regarding all escalated pay enquiries.
  • Ensure submission of all statutory payments and returns by deadline dates.
  • Manage the preparation and reconciliation of payment summaries.
  • Establish and manage the payroll records management system, including archiving and filing. Coordinate workers compensation payments.
  • Establish a system for checking and auditing all payrolls to assure compliance with policy and legislation.

Minimum Requirements
  • BCom Honours or equivalent qualification in Accounting or Finance.
  • Minimum of 5 years' experience in a Senior Management Accountant role.
  • Minimum of 3 years experience in the public sector.
  • Membership with a relevant professional body will be advantageous.

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