Accountant: Statutory Reporting Operating Division: Transnet Freight Rail Employee Group: Permanent Department: SP-FIN-Statutory Reporting-PKT Location: Parktown Reporting To: Snr Accountant: Statutory Reporting Grade: E Reference: req961 The closing date is on . It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement. Position Purpose Provide financial reporting in accordance with Transnet Group and Transnet Freight Rail business objectives, IFRS and relevant legislation by being a source of financial information for Transnet Freight Rail to Transnet Group, through systems enablement, relating to all statutory reporting requirements. Position Outputs • Preparation of monthly, quarterly, and annual financial reports and all financial information/disclosures included within the annual report, as well as perform variance analysis. • Analyse new accounting standards to assess the impact and changes in the reporting requirements . • Manage the General Ledger and alignment to Group Chart of Accounts. • Manage the open and close of the General Ledger for accounting periods. • Manage the Critical Financial reporting Controls (CFRC's) within the Financial Statement Close Process (FSCP). • Manage the process on capitalised vehicle leases in accordance to IFRS16. • Lead and manage the staff within the department. • Address and resolve external and internal audit queries&findings relating to statutory reporting. Qualifications and Experience • CA (SA) qualification is required. • At least 3-5 years' experience in an accounting environment, with at least 1 of those years in a managerial role. • Experience in financial reporting and treasury environment would be preferred. • Requirement of trust and honesty in the handling of finances as per the National Credit Act Amendment 19. • Must undergo Lifestyle Audit. Standard Job Requirements • Driver's license code 08 • Travel as required and approved. Competencies KNOWLEDGE: • Relevant legislation and accounting standards including PFMA, Companies Act, IFRS. • King III and corporate governance. • Audit and assurances practices. • Design and implementation of policies and processes. • Statutory reporting in compliance with IFRS. • Financial calculations. • Understanding of SAP modules would be preferred.SKILLS: • Ability to meet deadlines and work under pressure. • Result orientated. • Time management • Report writing. • Planning • Communication • Analytical&interpretation Equity Statement Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating Division. #J-18808-Ljbffr