Senior Specialist - Consolidations and Reporting
Tower Group
Johannesburg, South Africa
5d ago
source : Job Placements

1. Financial month-end close process and reporting activities, including :

Preparation of SAP journals, specifically consolidation entries

Preparation of HFM journals and maintain the HFM journal register

Ensuring accurate elimination of inter-company transactions and balances

Review of the inter-company teams’ elimination files, used for preparation of journals

Independent checks on the external subsidiary month end submissions compared to SAP & HFM

Perform monthly variance analysis on the financial results & analysis of subsidiary eliminations

Consolidated high level results checks & preparation of reconciliation of SAP to HFM prior to month end submission

Preparation for & leading of post month end feedback with various stakeholder                                                                                          2.

Preparation of accurate Balance Sheet reconciliations in line with requirements for accounts under your control and ensuring timeous clearance of reconciling and aged items.

3. Preparation of half-year- and year-end statutory pack for the South African consolidated results.

Preparation of underlying eight consolidation entities’ statutory packs

Perform checks of and follow up with various subsidiary statutory pack preparers

Review of South Africa consolidated statutory pack

4. Fulfilment of finance operational tasks including :

Review of forex revaluation check files

Providing guidance on the SAP & HFM chart of accounts

Ad-hoc resolution of queries and issues from internal and external stakeholders including internal and external auditors

Support Business Partners with new projects or improvements to be implemented

5. Keeping abreast of latest standards and ensuring alignment to the governance, SOX controls and accounting standards are adhered to.

Proficiency in the accounting standards and liaison with the Finops IFRS team when necessary.

Lead consolidation discussions when considering the accounting impact of new entity acquisitions, stake changes or disposals of entities within the group

Key performance indicators :

No material audit adjustments per E&Y materiality

Month end closing sustainable WD 5, and no adjustments

No control failures noted by internal / external auditors.

J ob Related Skills :

Problem solving

Excellent / master level knowledge of IFRS

Microsoft Office suite

SAP & HFM knowledge is essential

Job Experience :

Experience in IFRS interpretation as well as practical application within business.

3 to 5 years’ experience in Finance within the ICT sector, specifically wrt consolidations and statutory reporting

Must have technical / professional qualifications :

B.Com Honours (Accounting)

CA(SA) highly preferable

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