FINANCIAL ACCOUNTANT – Water Utilities Corporation

FINANCIAL ACCOUNTANT X1 – (HEAD OFFICE)

Closing Date : 08 Mar, 2021

Job Detail:

Position Purpose

The role manages the financial resources, general accounting, accounts receivable, cash & banking, payroll and accounts payable functions and ensures the overall accuracy of WUC’s financial records. The role is responsible for the timely completion of financial statements and management reports that accurately reflect WUC’s financial position and the results of its operations in accordance with applicable accounting standards and statutory requirements.

The Financial Accountant acts as the primary respondent on any technical accounting issues that may arise within the organisation. The role serves as the primary point of contact for the external auditors and departments on accounting and financial matters.

Key Responsibilities

• Internal Financial Control
• General Accounting, Cost Accounting / Pricing
• Internal and External Financial Reporting
• Financial Performance Analysis
• Financial Risk Management Financial Management Tools
• People Management & Functional Effectiveness
• Functional Unit Financial Management
• Compliance & Governance, Culture

Outputs and Measures

• Effective transaction processing (Variance to expense budget)
• Efficient financial management (cost per GL entry/transaction)
• Efficient time to complete month end processes
• Minimised deviation to financial systems and controls
• Master Data accuracy & reliable finance information management
• Enabling finance technology
• Timeous delivery of accurate Financial Reports

Qualifications and Experience

• Bachelor’s Degree in Commerce, Finance, Accounting or AAT
• Professional Qualification: CIMA, ACCA, BICA, CPA or CFA
• Member of BICA, ACCA, CIMA, CPA
• Seven (7) years’ technical finance experience, with progressively increasing responsibility
• Three (3) years of technical experience in a large organisation
• Five (5) years supervisory / management experience
• Valid Driver’s Licence

Competencies

• Think and Act Strategically
• Decide and Initiate Action
• Provide Direction and Effective Supervision
• Effective Communication
• Plan and Properly Execute the Plans (Focus on Results)
• Network, Build and Manage Teamwork

Deliver Quality Service

Renumeration

Salary    :  An attractive Salary Package

Commensurate to the market

Leave    :  30 working days per annum

Pension         :  A Contributory Pension

Scheme (16.5% WUC and 4%

Employee)

Other Benefits

• Group Life Assurance (24-hour coverage)
• 50% paid by the Corporation towards Medical Aid
• Non-Guarantee Mortgage Loan Scheme
• Non-Guarantee Auto/Car Loan Scheme
• Non-Guarantee Personal Loan Scheme