Assistant Financial Accountant (Fixed-Term Contract)

We are seeking a highly skilled and experienced Banking Financial Accountant to join our team. The ideal candidate will have extensive knowledge and experience in financial accounting within the banking sector, specifically with expertise in PFMA (Public Finance Management Act) and SAP (Systems, Applications & Products in Data Processing). The candidate will be responsible for managing financial transactions, preparing financial reports, and ensuring compliance with regulatory requirements.

Key Responsibilities:
– Prepare and review financial statements, reports, and budgets
– Monitor and analyse financial data to ensure accuracy and completeness
– Manage financial transactions, including accounts payable and receivable, payroll processing, and cash management-Assist with tax compliance and reporting, including preparing tax returns and maintaining records
– Prepare and submit regulatory reports in compliance with PFMA requirements
– Conduct financial analysis and forecasting to support business decisions
– Ensure compliance with internal policies, procedures, and external regulations
– Work closely with auditors to prepare for and facilitate audits
– Provide financial guidance and support to internal stakeholders

Qualifications and Experience:

1. Bachelor’s degree in accounting, Finance, or related field with three years accounting articles.
2. A minimum of 3 years’ experience in management accounting in a large, complex organisation with multidimensional businesses or within the financial services sector.
3. A strong career track record in financial accounting in a large, complex organisation with multidimensional businesses or within the financial services sector for a minimum period of 3 years.
4. Experience in the preparation of IFRS compliant financial statements
5. Working experience in taxation computations and SARS e-filing submissions (value-added tax).
6. Strong understanding of and a strong commitment to good corporate governance and specifically international reporting standards including IFRS and other regulatory requirements including the PFMA.
7. Excellent accounting and reconciliation skills.