Finance Technical Specialist

talentCRU

  • Sandton, Johannesburg
  • Permanent
  • Full-time
  • 2 months ago
To ensure that the financial records and ultimately Annual Financial Statements (AFS) are in compliance with the adopted accounting framework which includes but not limited to, International Financial Reporting Standards (IFRS), Statements of Generally Recognised Accounting Practice (GRAP) through the provision of technical insight and direction...POSITION INFO:To ensure that the financial records and ultimately Annual Financial Statements (AFS) are in compliance with the adopted accounting framework which includes but not limited to, International Financial Reporting Standards (IFRS), Statements of Generally Recognised Accounting Practice (GRAP) through the provision of technical insight and direction.To support the FM team and various SBU’s by providing accounting technical related advice on transactions under consideration or concluded by the company.QualificationÂ
  • CA(SA).
  • Further studies, such as an MCom (Accounting), will be an added advantage.
  • Post-graduate diploma in Tax will be an added advantage. Â
Knowledge SkillsÂ
  • At least 8-10 years’ experience in IFRS in an accounting environment, preferably financial services. At least 5-7 years post articles experience.
  • Thorough knowledge of IFRS, GRAP (added advantage) and applicable legal and regulatory requirements (including the PFMA National Treasury regulations).
  • Strong IFRS 9 and IFRS 13 experience required.
  • Understanding of financial analysis and the ability to prepare management reports.
  • Sound financial Excel Modelling Skills, Microsoft Office inclusive of Word and PowerPoint
  • Proficient in Microsoft Excel and Word.
  • Must be deadline-driven with attention to detail.
  • Computer literacy (excel) is essential with an ability to work under pressure to tight deadlines.
  • Ability to think independently/laterally and have a logical approach to problem solving.
  • Good communication skills and a ‘hands-on’ approach is required.
  • Ability to simplify and explain highly technical information in a simplistic manner
  • A mature personality that is self and output driven.
  • Ability to present and explain information for decision making at all levels
  • Ability to combine strong analytical skills with business knowledge
  • Act as the IFRS technical key person for the FM SBU.
  • Perform the review of the IDC and related subsidiary AFS Reviews to identify disclosures that require improvements and also advise where additional disclosures are required to achieve compliance with IFRS, Public Finance Management Act and the related National Treasury regulations.
  • Preparation of key AFS disclosure notes that require complex IFRS application.
  • Create internal IFRS checklists for the preparation of the AFS and the related AFS disclosure requirements.
  • Provide guidance to the Client, Service and Growth (CSG) team with regards to the requirements of IFRS 13 for the valuations prepared and the required inputs to the AFS disclosure notes.
  • Keep abreast with the latest IFRS and GRAP technical updates and disseminate key updates within FM.
  • Provide GRAP technical input in the preparation of the National Treasury template and advise on GRAP conversion journal entries required.
  • Create a checklist for the classification of SPPI non-SPPI financial instruments and monitor business’s compliance with the checklist.
  • Review complex Mezzanine agreements and determine the appropriate IFRS 9 classification to be applied.
  • Review of complex restructure arrangements and advise on the appropriate accounting treatment to be applied.
  • Draft accounting technical memorandums or position papers on the treatment of affected transactions and Financial Statement Line Items.
  • Assist the FM IDC SBU teams with accounting technical queries.
  • Perform research towards the development of technical material to identify in AFS disclosures.
  • Perform any other IFRS technical-related work required by the business.
  • Review of the deferred tax computation in terms of IAS 12 and the related AFS disclosures.
  • To support the Head: Financial Management with regards to any reporting value-add analysis and committee representation as may be required from time to time.
  • Participation in key meetings as nominated to.
  • Participation in ad-hoc projects.
  • Participate in audit liaison activities as may be required.
Similar jobs you might be interested in:Location: Pretoria
Salary: 1 100 000
AWS Redshift Data Engineer - Bedfordview - R1.1m PA
TodayLocation: Johannesburg
Salary: 320000 Annually
Are you a detail-oriented and highly skilled professional experienced in technical audits? Our dynamic team in the gambling industry, located in the North of Johannesburg, is currently searching for a talented technical Audit specialist to join us. In this role, you will play a vital part in maintaining the utmost standards of integrity and compliance.
3 days agoLocation: Johannesburg
Salary:
Calling on all IFRS specialists seeking their new challenge! My clients within the financial services, banking and insurance industries are always to open to looking at strong IFRS specialists.
3 days agoLocation: Midrand, Gauteng
Salary: R70 000 CTC to 90 000 CTC per month
My client, a global distribution company is looking for a Purchasing Lead with Industry experience
7 days agoLocation: Centurion, Gauteng
Salary: R 900 000 - R 1 200 000 Per Annum
Data Warehousing specialist | Centurion
15 days agoLocation: Johannesburg
Salary: 1100000 Annually
A proudly South African Financial Services conglomerate seeks an experienced and passionate Treasury Manager to join their growing team based in Johannesburg North. The company boasts business interests in various countries worldwide and offers invaluable exposure and skills development for career driven individuals. If you are looking for your next challenge, apply today!
16 days agoLocation: Randburg
Salary: Negotiable
Purpose of the Position Conduct investigations into irregularities as directed by the Manager: Forensic Services in line with best practice, internal processes and based on factual evidence Collate and deliver compelling and comprehensive evidence with a view to internal/external proceedings (including criminal and civil) a...
16 days agoLocation: Durban
Salary: R20000+
Financial Advisors required for Discovery
16 days agoLocation: Cape Town
Salary:
19 days agoLocation: Port Elizabeth
Salary:
18 days agoJobseekersRecruiterGeneral© Copyright 2024 Executive Placements. All Rights Reserved.Create an email alert for Finance Technical Specialist jobsWhat:Where:Email:Create Email AlertYou can cancel at any time. We will not spam you. By giving us your email address your agree to our and You agree to receive job alert emails from executiveplacements.com and/or our sister site jobplacements.com.

ExecutivePlacements.com

Similar Jobs

  • Finance Technical Specialist

    talentCRU

    • Sandton, Johannesburg
    Job Summary To ensure that the financial records and ultimately Annual Financial Statements (AFS) are in compliance with the adopted accounting framework which includes but not lim…
    • 2 months ago
  • Senior Finance Manager (IFRS Specialist)

    Network Recruitment

    • Sandton, Johannesburg
    Are you a well-seasoned IFRS Specialist seeking a new opportunity? Join a renowned leader in accessible financial solutions looking for an IFRS17 Specialist to support their dyna…
    • 23 days ago