The ADvTECH Schools Division leads the private sector in the field of education, contributing meaningfully towards the sustainable development of human capacity in South Africa. The Brand Accountant shall report directly to the Brand Financial Manager. The Brand Accountant is responsible to produce accurate and timeous financial results.
Key Responsibilities: Accounting oversight.Journal preparation.Income Statement and Balance sheet reconciliations.Intercompany loan accounts matrix.Budget preparation and management.Monthly management account variance analysis.Internal controls.Financial policy compliance.Data and profitability analysis.Responsibilities include: Month end processing and recording of financial transactions:Prepare journals and complete financial accounts to Trial Balance every month according to agreed upon deadlines.Produce Trial Balance for management.Ensure all expenses are captured and included in the month end processing.Review and sign off the month end check list and create a month end file with all the relevant documentation.Ensure all Income Statement and Balance Sheet accounts are reconciled monthly and outstanding reconciling items are followed up on and resolved.Assist with the School Budget Preparation and planning (Revenue, Discounts, Operating Expenditure and Capex):Assist in creating budgets and forecasts for future financial performance.Collaborate with Principals and Campus Bursars to develop realistic projections.Analysing financial results:Responsible for reporting the Income Statement to principals monthly and discussing actual vs budget variances.Drive principals and bursars to be focused on achieving annual budgeted EBIT.Use financial ratios to assess profitability and to identify trends and patterns that impact financial performance.Analyse all income and expenditure as well as the monthly management accounts and ensure any misallocations are rectified timeously.Assist Campus Bursars and Principals with a full understanding of school's monthly transactions, income, and expenses.Manage payment process, creditors, service delivery by Group Shared Services and query handling:Ensure effective two-way communication between Brand Finance Function, Group Shared Services and Group.Maintain professional standards within the finance department in handling internal and external queries.Ensure that all queries received by the department are resolved within a reasonable time.Ensure that the department is customer focused and attends to customer queries timeously and professionally.Internal control compliance:Ensure that there are effective internal controls to prevent fraud, safeguard assets, and ensure accurate financial records.Adhere to finance policies and procedures.Education: Minimum - BCom (Accounting).SAIPA qualification and articles preferable.Experience: 3-5 years' experience including month end processing, preparation & review of reconciliations and budgets vs actuals variance analysis.
#J-18808-Ljbffr