Financial Reporting Accountant - Johannesburg at Thungela

Job Description

• You will contribute to the timely and accurate preparation, compilation, and distribution of financial reports, ensuring compliance with regulatory standards and transparent transaction reporting as well as executing the timely completion, compilation, and distribution of relevant sections of internal and external financial reports.

More of your responsibilities will include:

• Contributing to the development of accurate presentation of financial statements, including consolidated financial statements and interim reporting requirements for Thungela and its subsidiaries
• Ensuring adherence to accounting standards and regulations across areas of responsibility, communicate updates on financial reporting requirements, and evaluate ongoing transactions for compliance
• Supporting the alignment of financial reporting standards, processes, and systems with regulatory changes
• Assessing ongoing transactions for compliance with IFRS and other relevant regulatory requirements
• Supporting the process of minimising risks in financial reporting processes, establish clear audit trails, and drive continuous improvement initiatives to enhance efficiency and accuracy in reporting processes.
• Minimising risk in financial reporting processes and documentation, establishing clear audit trails
• Conducting consolidation activities, ensuring accurate and compliant financial reporting across all entities within Thungela and its subsidiaries
• Conducting month-end processes, including journal entry processing and submission of financial data, while also assisting in budget and forecast preparation for selected entities
• Managing month-end processes for specific head office entities, including processing journal entries and ensuring compliance with Thungela accounting policies and relevant accounting standards
• Executing the implementation of policies, procedures, and standards, monitors financial systems' performance, reconciles data accurately, and identifies areas for process enhancements
• Monitoring the performance and accuracy of financial systems, reconcile financial systems to ensure accurate mapping and loading, and identify areas of improvement in current processes for implementation
• Conducting VAT-related tasks, including schedule preparation, review of submissions, and reconciliation, while also handling the preparation or review of financial statements for various entities, ensuring compliance with relevant regulations
• Preparing and/or reviewing financial statements or notes for various entities in the Thungela Group, including iXBRL tagging and CIPC submission
• Managing relationships with key internal and external stakeholders, understand and deliver on their operational needs, and identify and resolve issues timeously
• This role is in the finance department at band 6 and reports to the Head of Financial Reporting.

Qualifications

• Bachelor’s Degree in Finance, Accounting, or related disciplines (NQF level 7)
• Registered with SAICA CA (SA) advantageous

Experience & Knowledge

• Minimum 3 years’ financial accounting experience.
• Previous experience in a coal mine environment (advantageous)