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About the Division 

It takes a high-powered network of internal support professionals to keep Deloitte going strong. The internal services function provides a wide variety of support services to our organisation and people. Rewarding career opportunities are available in: 
- Human resources 
- Information technology 
- Marketing and Communications 
- Financial support services, and much more.   

As with all the functions in Deloitte, a core set of competencies is associated with each internal service area. An overall understanding of value-added client service, the experience to work in multifunctional and cross-border teams, strong

Main Purpose of Job

Manages accountants whom together are responsible for maintaining the general ledger structure, recording financial transactions into the company's general ledger and subsidiary ledgers and various reporting functions

Responsible for Regions or larger service lines / P&Ls with complex transactions

Differentiators for this specific role

• General Accounting Senior Accountants will be responsible for the end-to-end management of the Regional/ Service Line general ledger including, but not limited to:

• Processing of Journals

  • Posts to and updates the General Ledger (GL)

  • Processes journals at month end and at request of the Business Partner 

  • Monitors and processes all journals (for example bonus provisions, leave pay provision, budget smoothing general journals, accruals, reallocation accounts and cost centre journals, canteen charges, rent, print room, standard, adjusting, audit, and closing journal entries etc.)

  • Assists in resolving any discrepancies raised by the Business Partner

  • Raises provisions for debtors where required

  • Adjusts and releases provisions accordingly

  • Assesses impact of proposed general ledger change

  • Reconciles sub ledger entries

• Goodwill Accounting

  • Compares net asset values vs amount paid for the asset

  • Determines Goodwill

  • Calculates the budgeted Goodwill amortisation

• Fixed Asset Accounting

  • 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

• Close and Consolidate: 

  • Manages close and consolidation (close of General Ledger, BW, FI and Revenue)

  • Manages balance sheet reviews and reconciliations

• FNB Credit Cards and Staff Debtors:

  • Prepares and uploads journals

  • Converts credit card allocation sheets to journals

  • Conducts staff debtors allocations and deductions

• Other:

  • Creates reporting templates and ad hoc reports and maintains standard reporting repository

  • Assists in preparation of supporting documentation for internal and external audits

  • Drafts general ledger communications

  • Manages closing timeline and calendar

  • Communicates timelines to organisation

  • Performs period and year-end close activities

  • Performs closing adjustments and process allocations

  • Performs other duties as assigned or directed to ensure the smooth operation of the department

  • Available outside of normal business hours for occasional support needs

  • Performs first-level cost analysis and combined with revenue analysis from the Project Services Senior Accountant, provides feedback to the Country/ Regional/ Service Line Business Partner/s on the results

  • Manages General Accounting Accountants and Administrators

• Governance:

  • Communicates and updates the General Accounting Specialist on Country/ Regional General Accounting movements

  • Attends Africa-wide: General Accounting team meetings and training

Complies with standardised processes and controls

Required

Degree (Finance / Accounting)

4 years in finance

Preferred

Postgraduate qualification in Finance / Accounting

5 years in finance

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