Consultant: General Ledger at TransUnion

Job Description
Dynamics of the Role

TransUnion Africa is currently recruiting for a dynamic, problem solving and figure orientated individual to be responsible for general accounting activities within the accounting department for the TransUnion Africa Group of companies reporting to the GL Accounting Manager, this goal orientated, driven and innovative individual will navigate a multicultural and highly competitive environment while partnering with a number of internal customers within finance to ensure that the Accounting function operates at a level that exceeds expectations.

The Team’s Focus

The Finance Team operates in a vibrant, fast-paced and demanding performance-based environment where the internal and external customer drives results. With multiple reporting lines within the headquarters based in Chicago as well as locally, deadlines are pressurized and non-negotiable. This team has a strong internal customer focus and aims to become a valued partner within the finance team.

What You'll Bring:

How You’ll Contribute

General ledger management and month end reporting

• Prepare and process all relevant journals with appropriate supporting information
• All accounting entries to correctly reflect IFRS and US GAAP requirements Process accurate general ledger postings
• Prepare and manage recurring journals
• Analyze postings of AP transactions as well as related monthly accruals for accuracy and completeness
• Prepare month end expense variance analysis that is aligned to standard department practices and procedures and manage communication to business in this regard
• Ensure the accounting records correctly reflect the results of business units’ financial position
• Maintain on-going reconciliation of IFRS and US GAAP
• Determine and account for forex gains and losses

Reconciliations

• Reconcile balance sheet accounts in accordance with corporate requirements and in line with Blackline guidance
• Analyse inter-company balances sheet matrix across various currencies
• Follow up on corrections and clearing of any required balance sheet reconciling items within appropriate timelines

Treasury management

• Manage cash flow forecasts and ensure appropriate levels of funding at all times
• Manage appropriate cash management and investment strategies
• Ensure bank account signatories are up to date and valid at all times
• Review bank accounts to ensure appropriate allocations and cash balances
• Manage relationships with banks
• Manage all Reserve Bank requirements and submissions
• Manage relationships with accounts payable

Asset management

• Apply technical knowledge to the capitalization and decapitalization of assets Ensure additions and disposals to fixed assets are recorded accurately and in a timely manner in accordance with the entity’s policy
• Maintain relationships with the various departments to analyse and correctly account for WIP
• Ensure that the General Ledger and Fixed Assets sub-system are aligned
• Manage annual fixed asset verification programs
• Manage asset registers for tax purposes including allowances, wear & tear etc.
• Asses the assets useful life and residual values in accordance with IFRS requirements
• Maintain correct and accurate fixed asset registers

Statutory and all other reporting requirements

• Comprehensive understanding of IFRS and related accounting principles
• Ensure appropriate document filing and retention is maintained in line with company/statutory requirements
• Manage and support all Audit requirements (Internal & External)
• Provide support for all regulatory requirements and submissions

SOX, policies and procedures

• Maintain and enforce internal controls as they relate to GL & Accounting processes as well as SOX requirements to ensure good corporate governance
• Identify any control deficiencies and proactively drive root cause analysis and remediation

Ad hoc projects

• Support any required ad-hoc requests and cost analysis
• Develop solutions to issues and challenges
• Contribute to any specific function projects
• Proactively drive/recommend improvement initiatives within existing role or finance department
• Maximize automation opportunities for day to day activities • Assist with any related information requests as they pertain to Broad-Based Black Economic Empowerment processes.
• Management and compilation of constant system improvements “SOP’s”
• Manage internal & external queries and ensure they are addressed accurately and timeously

Impact You'll Make:

We are looking for

A newly Qualified Chartered Accountant.

In addition to the above requirements, the successful candidate will have the following competencies:

Functional Competencies:

• Knowledge of financial ERP systems, such as PeopleSoft
• Computerised accounting
• Operational finance principles

Behavioral Competencies

• Must be a team player
• Ability to independently manage work activities and deliverables
• Speed and accuracy with figures as well as attention to detail
• Planning and organizing skills with the ability to be proactive and to plan ahead
• Ability to prioritise work deliverables in a creative environment in order to meet tight deadlines
• Ability to work independently
• Ability to think and move quickly in a dynamic fast moving environment Business finance acumen
• Excellent verbal and written communication skills- upward, downward and lateral
• Ability to independently manage problem/ issue resolution
• Systematic and analytical thinking
• Coaching and mentoring skills
• Ability to deal with conflict appropriately and drive win-win outcomes

Personal Qualities:

• Strong communication skills and ability to engage with US based International accounting team
• A strong participative team member, diplomatic, prepared to stand his/her ground, yet flexible and adaptable to a dynamic and demanding environment
• Quick learner
• Integrity and trust – dealing with sensitive information
• Mature, well-balanced individual who is self-driven, highly motivated and energetic
• Personable, decisive, and confident.
• Prepared to work long hours
• Drive for results
• Disciplined
• Action orientated and practical