(510) IT Financial Analyst - BSTD at South African Reserve Bank

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Analyse and interpret budget data and provide guidance in line with accounting principles on improving budgeting and spend.
• Report on expenditure trends (run rate), with comprehensive analyses of underlying causes of over or under expenditure.
• Provide financial expertise and knowledge to BSTD to ensure International Financial Reporting Standards (IFRS), in particular International Accounting Standard 38 (IAS38), are correctly applied to departmental financial transactions.
• Perform the accounting function in accordance with the South African Reserve Bank’s (SARB) standards, policies and cost accounting principles.
• Report and perform analyses on cloud costs and utilisation.
• Prepare monthly, quarterly and yearly financial reports on capital and operational expenditures for submission to BSTD’s Executive Committee and the SARB’s Financial Services Department.
• Engage with relevant internal and external stakeholders to promote a culture of cost accountability and visibility.
• Stay current with developments and proactively broaden knowledge of new financial accounting standards.
• Ensure accurate financial accounting of IT assets.
• Propose and implement the refinement and continuous improvement of systems, tools, controls, methods and processes in own functional area.

QUALIFICATIONS

Job requirements

To be considered for this position, candidates must be in possession of:

• a minimum of a Bachelor of Commerce (Accounting) degree (NQF 7); and
• a minimum of four years’ experience working as an Accountant.

Additional requirements include:

• conceptual thinking skills;
• effective communication skills;
• drive for results;
• ability to work in a team;
• service and stakeholder focus;
• judgement and decision-making skills;
• analytical and problem-solving skills;
• resilience;
• managing complexity and ambiguity;
• building and managing relationships;
• knowledge and skill in:
• industry, organisational and business awareness;
• quality assurance and monitoring controls;
• continuous learning and/or professional development;
• financial strategic planning;
• financial legislation and governance, risk and compliance;
• financial project management;
• financial forecasting and budgeting;
• financial cost and management accounting;
• financial analysis and reporting;
• financial reconciliation;
• information and technology asset management; and
• business continuity planning.