Financial Accountant

Posted in on November 30, 2015

Job Type

Full Time

Location

Johannesburg

Description :

Location: Johannesburg, GP, South Africa
Category: Finance


Department Description

With FNB, you can be part of a company that offers you a career, not just a job. With a wide range of employment options and business areas to choose from, you are bound to find a perfect fit.

We share accountability with our employees and provide you with the best possible opportunities to learn and grow. We are breaking new ground with our innovative thinking and challenging our employees to think differently and develop into the thought leaders of the future. The foundation of our success is in our entrepreneurial culture and the belief that our people are our single most important resource.

If you share our values of being:
Helpful
Effective
Ethical
Innovative
Accountable
and you have one simple goal: to improve the lives of customers through simple, effective solutions that meet their needs, contact us today and join a winning team.

All appointments will be made in line with the Bank’s EE Strategy.


Brief Posting Description

Analyse financial reports as well as interpret the current and projected company financial position. Co-ordinate the budget process and variance reporting by making use of predictive modelling. Prepare reports and financial statements in line with accounting practices.


Detailed Description

· Advanced Excel
· Banking Experience an advantage

Job Requirements

· Identify, control and escalate potential risks which may lead to increased costs.
· Forecast, manage and optimise financial resources ensuring all expenditure is in line with the agreed budget.
· Analyse financial transactions and statements against budget to identify and monitor data against forecast for correction of potential weak areas – report to CEO.
· Conduct taxation planning in line with current legislation to minimise tax liability.
· Develop and periodically revise financial plans in order to project income and costs.
· Maintenance of expert knowledge on relevant legislative amendments industry best practices and provision of proactive advice and solutions to relevant stakeholders.
· Comply with governance in terms of legislative and audit requirements.
· Ensure that risk assessments are carried out through detailed analysis and ensure effective remedies are implemented and measured.
· Continuously review accounting packs to ensure consistent accounting treatment in line with GAAP.
· Implement, benchmark and improve all business processes in the designated area of responsibility (e.g. Costing model, G/L returns, VAT processes).
· Ensure financial-specific journal entries are uploaded onto the G/L and maintain Accounts Payable by ensuring complete and accurate records of all payments.
· Improve business decisions by providing accurate and reliable business intelligence (information) together with analysing trends and data.
· Manage own development to increase own competencies
· Support the development of resources (employees and managers) in company policies and budget parameters, ensuring assessment and development of critical skills.

Additional Details

· BComm Accounting
· 5 – 6 years relevant experience

 

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