Job Description

Job Purpose:

The

Group Accountant

is responsible for overseeing the financial operations of a group of companies, ensuring compliance with accounting standards, regulatory requirements, and internal policies. This role involves financial reporting, consolidation, budgeting, forecasting, and supporting senior management with financial insights to drive strategic decision-making. The Group Accountant ensures that financial processes run smoothly across all subsidiaries, maintaining accuracy, efficiency, and financial integrity.

Key Responsibilities:

1. Financial Reporting & Consolidation

Prepare and consolidate financial statements for the group, ensuring compliance with regulations. Review and analyse financial reports from subsidiaries to ensure accuracy and consistency. Coordinate monthly, quarterly, and annual financial reporting cycles.

2. Group Financial Consolidation

Oversee the consolidation of financial results across multiple entities within the group. Eliminate intercompany transactions and balances to present a unified group financial position. Ensure all reporting deadlines are met and provide financial insights to senior management.

3. Budgeting & Forecasting

Assist in preparing the

annual budget

and financial forecasts for the group. Monitor performance against budgets and analyse variances. Provide recommendations for cost-saving initiatives and process improvements.

4. Statutory Compliance & Audit

Ensure compliance with local and international financial regulations and tax laws. Liaise with external auditors to facilitate group audits, ensuring timely completion. Prepare financial statements and reports required for statutory filings.

5. Taxation & Compliance

Manage corporate tax, VAT, and other tax-related matters

across the group. Ensure accurate tax calculations, reporting, and timely submission of tax returns. Work with tax consultants to optimise tax planning strategies.

6. Financial Controls & Risk Management

Implement and maintain

strong internal controls

to prevent financial misstatements and fraud. Monitor financial risks and suggest mitigation strategies. Ensure compliance with company financial policies and accounting standards.

7. Cash Flow Management & Treasury

Monitor and manage group cash flow to ensure sufficient liquidity. Oversee banking relationships and optimise financial structures to improve cash flow efficiency. Develop strategies to minimise financial risk and maximise investment opportunities.

8. Management Reporting & Analysis

Prepare and present financial reports, including profit & loss, balance sheets, and cash flow statements. Provide financial insights and recommendations Develop financial models to support business decision-making.

9. Intercompany Transactions & Reconciliations

Manage intercompany accounts and reconciliations, ensuring accuracy across entities. Ensure proper documentation and approval processes for intercompany transactions.

10. Fixed Assets & Inventory Management

Maintain an accurate record of the

group's fixed assets and

depreciation schedules. Ensure correct accounting treatment for asset acquisitions and disposals. Oversee inventory valuations and stock reconciliations.

11. ERP & Finance Systems Management

Work with IT and finance teams to

optimise ERP systems

and ensure smooth financial reporting. Implement improvements in financial reporting software and automation.

12. Stakeholder Engagement

Act as the key liaison between

subsidiary finance teams, auditors, tax authorities, banks, and other stakeholders.

Provide financial insights and updates to senior management and board members.

13. Continuous Improvement & Best Practices

Keep up to date with the latest financial regulations and industry trends. Identify and implement best practices to improve financial efficiency and accuracy. Support finance transformation initiatives and process automation.

Key Requirements:

Education & Qualifications

Bachelor's degree in Accounting, Finance, or a related field.

Professional qualification (CA(SA), ACCA, CIMA, CPA)

preferred.

Experience

Minimum of

5-7 years of experience

in financial reporting, group accounting, or audit. Experience in a

corporate group structure or multinational organisation

is an advantage. Strong knowledge of

IFRS/GAAP and tax regulations

.

Technical & Business Skills

Strong financial consolidation and reporting skills. Proficiency in financial management systems (SAP, Oracle, SAGE, or similar ERP software). Advanced Excel and financial modeling skills. Knowledge of budgeting, forecasting, and variance analysis.

Soft Skills

Excellent analytical and problem-solving skills. Strong communication and presentation abilities. Attention to detail and high levels of accuracy. Ability to work under pressure and meet strict deadlines.
Job Type: Full-time

Pay: R15000,00 - R20000,00 per month

Education:

Bachelors (Required)
Experience:

Accounting: 3 years (Required)
Work Location: In person