To assist with Financial Reporting activities and be responsible for managing financial transactions, preparing financial reports, and ensuring compliance with regulatory requirements. Qualification Bachelor's/post-graduate degree in Financial/Management accounting CA(SA) would be advantageous Experience 5-8 years' experience in financial services, the public sector, DFI space: PFMA Experience. Experience in IFRS 10, IAS 28, IFRS 9 and accounting for Expected Credit Losses Experience dealing with internal and external auditors. Relationship building skills – stakeholder management skills. Experience in preparing financial statements on Caseware Knowledge and experience in SAP KEY RESPONSIBILITIES Assist in preparation of separate Annual Financial Statements and Consolidated Group Annual Financial Statements. Ensure that all internal subsidiaries financial statements are timeously prepared and comply with IFRS. Liaising with both internal and external auditors. Quarterly reports to EXCO and the Board (movement commentary, variance analysis, graphs). Quarterly reports submitted to National Treasury and Reserve Bank. Daily and Monthly duties: Acting as transactions poster into the SAP system. Acting as checker, releaser for IDC payments (AP process). Updating monthly listed share portfolio share prices and computing listed portfolio fair values in (ZIMP) SAP. Updating the monthly fair value of shares workbook (listed and unlisted shares and non-SPPI preference shares) with the objective of parking the journals in SAP. Performing share reconciliations between the share movement schedule, ZIMP and the general ledger. Custodian of share documents and tracking of share movements. Accounting for share and loans write-offs and disposals and ensuring the ECL releases relating to SPPI instruments are recorded in appropriate general ledger accounts (capital profits and losses workbook). Perform loans reconciliations between the loans trial balance, ZPR, and loan-book movement. Perform fixed asset register reconciliation review for IDC and internal subsidiaries. Perform VAT reviews for IDC and internal subsidiaries. Perform ad-hoc tasks for Manager: Financial Management and other departments. Attend various meetings on behalf of the manager and provide feedback. Quarterly duties: Assist in the quarterly mini-group management reporting. Provide inputs such as analytical review commentary on the statement of profit and loss and statement of financial position; assist in performing analysis of borrowings, loan book, shares, dividends, interest income, borrowings, impairments and write-offs. Perform National Treasury financial reporting (PE48, N01, N02, MTEF), Reserve Bank reporting (F02 and F04). Investment Monitoring Committee minute reconciliation with SAP. ECL uploading into SAP and journal parking. Interim and Year end duties: Perform IFRS 10 assessments for the investment type classifications of the share portfolio (to determine if our business partners are subsidiaries, associates, or simple investments). Updating the group structure (subsidiary/associate/investment). Drafting and sending out letters to all associates and subsidiaries, as well as following up on outstanding letters at interim and year end consolidation process. Assist with the preparation of IFRS 9 notes, specifically Loans and advances to ensure that it is in compliance with IFRS 7: Disclosure of financial instruments. Assist with the preparation of IFRS 13: Fair value measurement notes. Assist with the review of IFRS 16: Leases. Assist with the preparation of IAS 28 investments in associates and joint ventures. Accounting for accruals, including dividends. Be a 1st – level reviewer in other notes to the interim and annual financial statement. Assist in financial results presentations and analysis (abridged financial statements, CFO reports, commentary, analysis, going concern assessments, share portfolio reporting etc.) TECHNICAL COMPETENCIES Financial Modelling and data analysis Detail orientation and ability to analyse numerical data and to interpret financial statements. Business acumen Performance Focus Analytical Skills BEHAVIOURAL COMPETENCIES Persuading and Influencing Delivering results and meeting customer expectations Supporting and co-operating Relating and networking Planning and organising Writing and reporting Good time management skills and the ability to perform under pressure. Ability to work independently and in teams Keen for new challenges and open to different ways of performing tasks Analytical and attention to detail
