Internal Client Services - Finance - Accountant GL (Consulting)

Internal Client Services - Finance - Accountant GL (Consulting)

Job Description

What impact will you make?Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivalled opportunities to succeed and realize your full potential.

Main Purpose of JobResponsible for maintaining the general ledger structure, recording financial transactions into the company's general ledger and subsidiary ledgers and various reporting functionsDedicated to specific large / complex enablement functions.

Key Performance Areas:

Strategic Impact

• Supports leadership in the delivery of services to clients in line with the defined strategic objectives:

1. Provides support to management in the implementation of change initiatives
2. Works with team to complete work by set deadlines advising manager of any issues prior to deadlines

• Develops relationships with peer group at client to understand their business
• Raises effective solutions to address issues in area of expertise that may enhance / renew service offerings to client

Client Impact: External/Internal

• Independently delivers quality work within area of expertise, within deadlines
• Provides client/s with sound professional advice and support on issues arising within area of expertise without reference to superior
• Applies solutions to technical issues that arise within area of expertise, with minimal input from management
• Proactively researches latest thought leadership within area of expertise and share with team as input to improved delivery to clients
• Communicates regularly with both line manager and client to meet deliverable expectations in specific area of expertise

Operational Effectiveness

• Proactively identifies technical problems that arise that may affect delivery and propose resolutions to address these
• Independently delivers on designated tasks within area of expertise
• Provides line manager with detailed reporting on status of deliverables on a regular basis
• Manages risk in area of engagement in alignment with Deloitte policies and processes
• Reviews own work prior to submission to ensure quality and provide guidance to junior team members on quality standards

Development/Growth of Team

• Shares expertise and knowledge with team members
• Actively works to address development areas identified
• Coaches / mentors junior team members of the team
• May act as counsellor to junior staff within Finance

Budgets and Profitability

• Effective use of time, equipment and resources

Differentiators for this specific role

Budgeting, Forecasting and Target setting

• Budgets and forecasts for the central functions
• Calculates recovery of enablement functions costs per service line
• Performs direct and indirect cost allocations
• Assists in setting targets for the central functions relating to cost efficiency
• Implements of cost reduction plans in business
• Provides support in driving the core pillars of the FINANCE 2020 strategy

Financial Reporting:

• Prepares monthly results reporting pack and commentary (for enablement functions)
• Reviews the balance sheet and income statement for enablement functions
• Reviews and signing off balance sheet recon for enablement functions
• Reports performance against KPIs and North Stars
• Checks detailed general ledger and reallocates expenses to correct enablement departments (i.e. staff expense claims)
• Determines provisions and accruals for assigned enablement functions
• Consolidates results for assigned enablement function
• Prepares bi-annual forecast
• Reconciles balance sheets for assigned enablement function
• Submits year-end reconciliations for assigned enablement function
• Prepares file for CFO’s perusal and report on review notes

Processing of Journals

• Posts to and updates the General Ledger for enablement functions
• Processes journals at month end and at request of the CFO
• Monitors and processes all journals for central functions (for example bonus provisions, leave pay provision, budget smoothing general journals, accruals, reallocation accounts and cost center journals, canteen charges, rent, print room, standard, adjusting, audit, and closing journal entries etc.)
• Assists in resolving any discrepancies
• Raises provisions for debtors where required
• Adjusts and releases provisions accordingly
• Assesses impact of proposed general ledger change
• Reconciles sub ledger entries

FNB Credit Cards and Staff Debtors (Enablement Functions)

• Prepares and uploads journals
• Converts credit card allocation sheets to journals
• Conducts staff debtors allocations and deductions

Fixed Asset Accounting Enablement Functions)

• Reviews procurement invoices
• Compiles a Fixed Asset Register (FAR)
• Reviews any updates made to the FAR with the asset details and asset classes
• Reviews any discrepancies resolved between the FAR and the GL
• Pulls FAR reports from SAP
• Identifies assets to be written off and writes off assets accordingly
• Recognises proceeds from the sale of assets
• Impairs assets when applicable
• Accounts for depreciation and capitalisation of fixed assets
• Verifies GIS FAR

General:

• Reviews debtors
• Performs period and year-end close activities
• Performs closing adjustments and process allocations
• Assists Senior Manager with queries in respect of financial issues related to their departments

Qualifications

RequiredDegree (Hons in Finance / Accounting)4 years in finance

PreferredPostgraduate qualification in Finance / Accounting5 years in finance

Additional Information

Key Competencies required / Talent Standards Capabilities:

Leadership Capabilities

Living our Purpose - Identifies and embraces our purpose and values and puts these into practice in their professional life

Influence - Builds relationships and communicates effectively in order to positively influence peers and other stakeholders

Performance drive - Seeks opportunities to challenge self; teams with others across businesses and borders to deliver and takes accountability for own and team results

Strategic direction - Understands objectives for clients and Deloitte, aligns own work to objectives and sets personal priorities

Talent development - Develops self by actively seeking opportunities for growth, shares knowledge and experiences with others, and acts as a strong brand ambassador

Technical Competencies

• Technical expert in specific functional area
• Demonstrated capability in interaction at all levels, briefing, analysis and project management skills
• Experience in drafting and delivering presentations
• Good report writing skills
• Sound financial knowledge and understanding

Behavioural Competencies

• Excellent communication skills, both written and verbal
• Good interpersonal and relationship building skills
• Mentorship and coaching ability with desire to develop self and others
• Strong client delivery focus
• Adaptable, managing change and ambiguity with ease
• Focus on quality and risk
• Problem solving ability
• Good business acumen

Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities.