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SAIPA is the South African Institute of Professional Accountants.
SAIPA boasts a membership of over 10 000 members and celebrates 35 years in the industry this year.
SAIPA represents qualified Professional Accountants (SA) in practice, commerce and industry, academia and the public sector.
For 35 years, SAIPA has been a pioneer in the South African economy, ...
Key Purpose
Responsible for analysing financial data, monitoring expenditure, conducting cost analysis, and providing insights to assist management in decision-making processes. Will also work closely with various departments to ensure accurate financial reporting and cost control measures are implemented.
Asset location and identification management
- Is responsible for maintaining on an ongoing basis the physical tagging of each SAIPA asset.
- Ensuring that such assets are in existence at all times.
- Ensuring that all assets are correctly recorded in the Fixed Assets register.
- Conducting physical asset verification exercises from time to time.
- Ensuring that the External Auditors are 100% satisfied with asset existence and location at SAIPA.
Maintaining the Fixed Assets register:
- Ensuring the Fixed Asset register is kept up to date at all times and is a true record of the Fixed Assets belonging to SAIPA.
- Ensuring that asset values recorded clearly reflect both the cost of the asset and the current value if such values differ.
- Ensuring that the Fixed Asset register is at all times in agreement with the General Ledger of SAIPA.
- Ensuring that the Fixed Assets are properly and logically categorized in the Fixed Assets Register in terms of IFRS.
- Ensuring that the Fixed Assets register and assets within the register are all recorded in line with IFRS.
Cost Analysis:
- Conducting ad-hoc costing analyses as and when required.
- Investigating and reporting on cost variances each month together with Department Heads.
Assisting the CMAM as and when required Budgeting and Forecasting:
- Assisting the CMAM in preparing the annual income and expenditure budgets on a monthly basis per department for submission to the Executive and Board for approval.
- Assisting the CMAM in preparing a three-year budget forecast each year for submission to the Executive and Board for approval.
- Assisting the CMAM as and when required
Monthly, Quarterly and Annual Revenue and Cost Reporting:
- Assisting the CMAM with all the required monthly, quarterly and annual revenue and cost reporting.
Assisting with all variance analyses required Process Management:
- Assisting in all aspects of SCM processes which are require din terms of the SAIPA SCM process.
- Checking cost codes for correctness.
- Checking procurement values for correctness.
- Maintaining revenue and cost reports together with the CMAM.
Cross-functional Collaboration:
- Assisting all other Departments as and when assistance is required.
Compliance and Risk Management:
- Assisting the CMAM to identify all organisational risks on an ongoing basis
MINIMUM REQUIREMENTS
Qualification
- Bachelor’s degree in accounting, Finance, or related field
- Professional certification such as CIMA/similar is preferred
- Proven experience as a Financial Accountant or similar role
Experience
- 3 – 5 years’ minimum experience
- Minimum of three (3) years’ accounting experience
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