We are seeking a Financial Accountant for a 12-month fixed-term contract. The Financial Accountant is responsible for preparing and analyzing financial statements and reports, ensuring accuracy and compliance with accounting standards. This role supports the Finance Manager in managing financial operations, including budgeting, forecasting, and financial analysis, to drive financial performance and compliance across the organization.
Key Responsibilities
Job Description
- Planning & Delivery:
- Support the team with performing daily, month end and year-end accounting functions relating to Accounts Receivable, Accounts Payable and other General ledger accounts.
- Preparation and maintenance of balance sheet reconciliations, fixed asset registers and supporting schedules.
- Prepare and analyze financial statements and reports to ensure accuracy and compliance with accounting standards.
- Support the budgeting and forecasting process by collaborating with other departments to gather necessary data and assumptions.
- Perform financial analysis to identify trends, discrepancies, and opportunities for improvement.
- Prepare monthly, quarterly, and annual financial reports ensuring timely and accurate submission.
- Coordinate internal and external audits by providing necessary documentation and information.
- Assist with the cash flow forecasting process.
- Support cost management initiatives by providing insights on expenses and cost drivers.
- Prepare cost reports and variance analysis, collaborating with other departments to identify areas for improvement.
- Practices and Continuous Improvement:
- Assist with developing organization processes and accounting policies to maintain and strengthen the business unit's internal controls.
- Identify and implement strategies to address risks that could compromise financial operations, including compliance with relevant laws, regulations, and company policies.
- Drive continuous improvement initiatives based on performance data and user feedback.
- Financial and Commercial:
- Provide input to the departmental budget by forecasting costs associated with financial deliverables.
- Monitor and track expenses on financial projects to ensure delivery within budget.
- Stakeholder Management:
- Engage with internal and external stakeholders to provide advice and resolve issues in alignment with delivery and expectations.
- Develop and execute change management plans to ensure team awareness and adoption of organizational changes.
- Drive collaboration and teamwork with dependent teams to ensure efficient and quality service delivery.
- People:
- Provide on-the-job coaching and guidance to team members.
- Proficient in preparing and analyzing financial statements and reports.
- Skilled in developing and managing budgets and forecasts.
- Ability to perform detailed financial analysis to identify trends and discrepancies.
- Knowledge of accounting standards, tax regulations, and internal policies.
- Experience in coordinating internal and external audits.
- Proficient in using Microsoft Excel.
- Experience in using accounting software and financial management systems will be advantageous.
- Understanding of tax regulations and compliance requirements.
- Bachelor's degree in accounting or finance
- Relevant diploma/degree in a related field
- At least 3 years of relevant work experience with at least 1 2 years post professional accounting qualification experience
- Proficiency in Microsoft Excel
- Professional accounting qualification (CA, CIMA, ACCA, ACA or equivalent)
- Opportunities for personal and professional growth.
- Employee Wellness - Onsite Gym/Gym allowance
- Employee Assistance Program.
Derivco is an equal opportunities employer.
We value people as individuals with diverse opinions, cultures, lifestyles and circumstances and we are committed to equality of opportunity and to providing a productive working environment free from unfair and unlawful discrimination.
