Trans-Caledon Tunnel Authority Accounting / Finance Jobs in Gauteng
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THE KEY PERFORMANCE AREAS OF THE ROLE IN FOCUS, ARE:
Preparation and reviewing of reconciliations
- Preparation of reconciliations by set deadlines
- Correct any incorrect accounting entries identified and follow up with the entries that needs to be followed up with the relevant Department / Manager
- Ensure that all reconciliations meet the definition of a reconciliation and that all Balance sheet accounts are reconciled monthly.
- Ensure that all new accounts are properly allocated and included in the teams' individual reconciliation registers.
Management of assets process
- Verify that the asset clearing account is cleared to a nil balance monthly and resolve any queries.
- Ensure that the depreciation journals are calculated monthly and recorded in the accounting system.
- Verify that the assets (including right of use assets and intangible assets) have been captured in the annual financial statements in accordance with IFRS.
- Collaborate in the reviewing of the Asset Management policy and procedures when required to ensure that it is aligned with IFRS and best practice.
- Prepare the related notes for the annual financial statements.
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Management of the cashbook/bank reconciliation and review all prepared cashbook journals and capturing
- Review cashbook journals prepared by the bookkeeper and sign off as approved.
- Review cashbook related entries and approve for posting to the cashbook.
- Review the bi-weekly bank reconciliations and ensure that outstanding items are followed up and timeously cleared.
- Verify that the bank recon has been prepared and balances at month end by the set deadlines
Integrity of financial information
- Perform analytical reviews on selected general ledger accounts.
- Quarterly review of the trial balances to ensure that all general ledger accounts are reconciled.
- Ensure that the reconciliation process is in place and that the process is working optimally to facilitate the integrity of the financial information
- Analyse the risks within the Financial Accounting team and assist the Financial Accountant with implementing measures to minimize the risks.
- Review relevant system descriptions, update where necessary.
Management of the overall TCTA's accounts receivables
- Liaise with Department of Water and Sanitation on a monthly basis to obtain information required for invoicing.
- Ensure that billing is complete and accurate and revenue invoices are prepared timeously and delivered to Department of Water and Sanitation.
- Prepare the revenue invoices and statements on a monthly basis.
- Assist with Year-end Process and preparation of annual financial statements
- Assist with preparation of quarterly reporting
- Coordinate the audit (internal and external) processes
- People management responsibilities and back-up to other team members as agreed.
MINIMUM REQUIREMENTS
- B Com degree or equivalent in Accounting or related
- Articles plus 3 years post articles relevant experience in accounting with preference to a financial service institution
- At least 2 years people management experience
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