Financial AccountantFinbond Mutual Bank in PretoriaExpiry Date: 2025-04-14Purpose of the role:
The Financial Accountant is responsible for managing and overseeing financial activities, ensuring accurate reporting, and maintaining financial records in compliance with accounting principles and regulations. This role involves preparing financial statements, conducting financial analysis, and assisting with audits and tax preparations to support the company's overall financial health. More so specifically provide insight into the companies Transactional Banking BusinessFinancial Reporting:
Prepare and present monthly, quarterly, and annual financial statements.
Ensure financial statements are accurate, in compliance with IFRS, GAAP, or relevant local accounting standards.
Conduct variance analysis, highlighting deviations from budget or forecast.General Ledger Management:
Oversee general ledger activities, including journal entries and reconciliations.
Maintain and update financial records to ensure accuracy and timeliness.
Monitor financial transactions to ensure they are correctly recorded.Budgeting & Forecasting:
Assist in the preparation of budgets, forecasts, and financial projections. (Transactional Banking)
Work with other departments to gather data and ensure accuracy in financial planning.Compliance & Auditing:
Support internal and external audits, ensuring all necessary documentation is provided.
Ensure compliance with tax regulations, financial reporting standards, and other relevant legislation.Financial Analysis & Advice:
Provide financial analysis to aid decision-making for senior management.
Identify trends, cost-saving opportunities, and areas of financial risk.Process Improvement:
Identify areas for process improvements in financial systems, reporting, and controls.
Implement best practices for financial accounting processes.Qualifications:
Bachelor's degree in Accounting, Finance, or related field.
CPA, ACA, ACCA, or equivalent professional certification (or pursuing certification).Experience:
Minimum of 3-5 years of experience in financial accounting or related field.
Experience in preparing financial statements, managing general ledgers, and performing audits.
Familiarity with accounting software (Sage Evolution).
Experience with customer x volume x rate principles.
Experience in management accounting or financial planning & analysis (FP&A).
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