Specialist: Financial Control at Liberty Group South Africa

Purpose

• Provide specialist advice and support in terms of financial control's practice formulation and associated best practice improvements and do financial accounting, validation and reconciliation and legal entity statutory reporting.

Minimum Experience

• 2 - 3 years experience in a similar environment

Minimum Qualifications

• Bachelor`s Degrees and Advanced Diplomas [NQF Level 07] in Finance Economics and Accounting

Additional Minimum Qualifications

• Qualified Chartered Accountant - CA (SA) or B Comm honors with experience in an Investment Banking environment.

Outputs
Process

• Accountable for the execution of specialised work including the improvement of quality, standards and outputs within defined work routines and operating procedures.
• Proactively solves problems, determines root-cause and applies solutions in line with guidelines and providing the necessary information to solve problems related to area of specialisation.
• Plan for own task execution and advises on improvements related to area of specialisation.
• Prepare, process, validate and report financial accounting data and disclosure information associated with LibFin’s activities as required for and by LibFin Finance, Group Finance and Group Tax.
• End to end accounting and reporting for LibFin special purpose vehicles including annual financial statement preparation and attendance to annual external audit.
• Preparation and execution of income tax and deferred tax calculations, validations and completion of various tax returns (VAT and Income Tax returns and supplementary submissions).
• Manage operational relationships with various internal stakeholders across Front, Middle and Back Office through query resolution and technical application of IFRS in relation to new transactions, products or structures.
• Preparation and completion of critical reconciliations and controls to ensure operating as intended.
• Maintenance of financial control dashboard including stakeholder management and critical controls review monthly.
• Understanding Blackline system (reconciliation and account validation) requirements and managing month end deliverables required on Blackline.
• Expense administration, validation and reporting including SAP journal processing, maintaining and updating DOAs, monthly management information reporting to Exco, Group Finance, Group Cost Control and Internal Financial Control Committee.
• Involvement in adhoc projects to improve financial control reporting and the control environment.

Customer

• Ensure own understanding and adherence to customer service delivery and Treating the Customer Fairly (TCF) principles to provide specialist support and guidance.

Finance

• Adhere to specified standards, policies and procedures to prevent potential losses/wastage related to the area of specialisation.
• Involvement in the annual budget process and revised estimates as per Group guidelines and deadlines.
• Facilitate the budget compilation and presentation, ensure budget is communicated and agreed and budgeting system is up to date.

Learning and Growth

• Contribute positively to own area-specific knowledge improvement associated with area of specialisation.

Governance

• Comply to set governance and compliance procedures and processes related to an area of work and continuously identify, rectify and escalate risks where necessary.