Jobs
DGL HR Recruitment 2023/2024
Applications are invited from interested and suitably qualified candidates for DGL HR Recruitment 2023/2024.
DGL HR is a reputable firm in South Africa.
We are recruiting to fill the following position below:
Page Contents
Job Title: IFRS Technical Financial Accounting Specialist CA (SA)
Introduction
The employer: The Corporate Office of a leading SA employer in the industrial processing, distribution, and services industries : Industrial Equipment & Services and Consumer Industries (food and ingredient solutions)
PURPOSE OF ROLE: The senior group financial manager (SGFM) will not only have strong International Financial Reporting Standards(IFRS) skills, be hands-on with group reporting, but will also be commercially aware and take ownership, together with the executives
Duties & Responsibilities
Competencies
- Attention to detail-demonstrates high levels of speed and accuracy in working with large amounts of detail (remaining focused and can multi-task)
- Judgement-Applies sound judgment in dealing with complex information consults widely to ensure thoroughness and depth of information for decision making and ability to make strategic decisions
- Verbal and Written communication
- Displays strong skill in expressing complex issues in an accessible, inspiring way; confident in presenting ideas and facilitating discussions with senior leaders
- Strong business and financial/commercial acumen and ability to demonstrate this knowledge across the industries/geographies in which Barloworld operates
- Professional/Technical competence and an ability to mentor in areas of professional specialization – a small team of management accountants will be working in this position
- Strong program and project management skills
- Excels at working under pressure, adhering to strict deadlines, and getting the job done
- Comfortable with ambiguity and regular change
- Ethical and high levels of personal integrity
- Prepared to “roll up their sleeves” and make things happen
- Be comfortable debating in an open forum, express a view, and contribute
The primary purpose of this role is to:
Strategic and other material projects/ transactions
- Support the group and divisional finance teams to evaluate the accounting implications of proposed strategic and other material projects whilst maintaining a commercial mindset.
- Ensure that accounting implications are assessed and fully understood prior to strategic and material contracts being entered into write technical opinions in this regard
- Support the team and advise on deal structuring
Statutory financial statements, half-year, and year-end reporting
- Support the group finance reporting team to deliver statutory financial statements and business financial reports according to the company’s accounting policies
- Develop and continuously/ periodically review the company’s accounting policies for compliance with IFRS
- Advising and reviewing the group finance team’s work on compliance with IFRS, SAICA circular on headline earnings, and reports of the proactive monitoring review panel of the JSE. This includes liaising, aligning, and resolving differences of opinion with external auditors
- Review, analysis, and quality assurance of financial reports delivered by divisional finance directors to ensure value-adding financial information is presented to facilitate decision-making.
Financial reporting control environment
- Support the group reporting team to identify and articulate key financial reporting risks including significant areas of judgment and complex accounting matters
- Supporting the group finance team to adequately address and account for significant areas of judgement and complex accounting matters
- Support the reporting team by reviewing relevant audit committee papers dealing with significant judgment areas and complex accounting matters before they are submitted to the audit committee
- Support the finance teams by presenting a summary of technical papers in Audit Committee meetings
- Support group and divisional finance teams by being available for consultations
Training and continuous development
- Support group and divisional finance teams by arranging and leading periodic IFRS training
- Support the company’s CA trainees by being available for consultation with them, and also arrange periodic training classes for them
Professional responsibilities
- You will be required to stay abreast of IFRS and other relevant technical areas
- Pro-actively expand and deepen your practical understanding of the application of IFRS within the company’s group
- Building strong relationships with the group’s international finance community and becoming a trusted business partner and establishing the BCO as a center of excellence for financial reporting and accounting
- Building strong relationships with the external auditors and IFRS technical specialists from other professional services firms to expand your consulting capabilities
- Support the Group Finance to deliver statutory and business financial reports according to internal
- The company’s Accounting Policies, deadlines, and IFRS, together with review, analysis, and quality assurance of financial reports delivered by divisional FD to ensure value-adding financial information is presented to facilitate decision making.
This role is also responsible for coordinating technical accounting efforts across the group and supporting the business units in determining the accounting implications of proposed transactions/contracts while maintaining a commercial mindset. As part of the Group Finance team, this role is responsible for technical accounting support of the Group which is fundamental to our external reporting including, but not limited to, audit committee reporting, interim and annual financial statements, and our integrated annual reporting.
Desired Experience & Qualifications
Minimum Required
Qualification
- CA (SA)
- Masters in Accounting will be an added advantage
Experience
- 4 to 7 years post articles experience in related areas (some experience in the technical department of a Big 4 accounting firm beneficial).
How to Apply
Interested applicants should kindly visit the company website to get more details and submit the application(s).