Financial Accountant, Stanbic Subsidiaries at Standard Bank Group

Job description

Finance: Budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors.

Job Purpose

Accounting functions for Stanbic subsidiaries e.g. reporting, reconciliation of control accounts and accounts relating to the maintenance of a complete and accurate general ledger. Prepares managerial reports.

Key Responsibilities/Accountabilities

• Reconciliation of trial balance accounts
• Ensuring Integrity of the general ledger and financial hygiene
• Bank reconciliations
• Reconciliation of accounts payable
• Preparing various management reports and returns as per regulatory guidelines and submission as per deadlines
• Ensuring reports to the regulators are submitted within the stipulated timelines
• Preparing and circulating management reports
• Ensuring that financial reports to management are accurate and timely to aid in decision making
• Managing client debtors
• Ensuring the financial exposure as a result of client debtors are maintained at minimal levels
• Preparing the balance sheet substation pack
• Ensuring timely reporting and resolution of General Ledger variances and issues identified
• Reviewing controls around finance processes to ensure adequate controls are in place
• Ensuring proper mitigation of risks of errors, omissions or fraud
• Assisting in preparation of the annual budgets
• Effective cost monitoring throughout the year
• Facilitating internal and external audit
• Successful audit process
• Financial Reporting
• Monthly financial reports for use by management
• Assist with preparation of annual financial reports

Preferred Qualification And Experience

• Bachelor of Business Degree in Finance and or Accounting
• CPA(K)
• Financial/Statutory Accounting Experience Required

Knowledge/Technical Skills/Expertise

• Management Accounting
• Financial and Accounting Control
• Reconciling Financial Records
• Bookkeeping