- Responsible for maintaining the general ledger structure, recording financial transactions into the company's general ledger and subsidiary ledgers and ensure internal controls and procedures are performed or adhered to in accordance with Deloitte standard policies and procedures.
- The Controllership Senior Accountants and Accountants are collectively responsible for, but not limited to, the following:
- Application of standardization of processes across Africa;
- Performance of month-end reconciliation processes;
- GL SAP regression testing;
- Fixed assets;
- Interfirm;
- Payroll;
- Certain charges that can be managed once, centrally (e.g. SSA fees, FX revaluation, Debtors provision, etc); and
- Direct and indirect allocations.
Minimum Qualifications
Degree in Finance / Accounting
Postgraduate qualification in Finance / Accounting preferred but not essential
Minimum Experience
1-2 years in Finance
Strategic Impact
- Supports leadership in the delivery of services to clients in line with the defined strategic objectives:
- Provides support to management in the implementation of change initiatives
- 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
Business Impact
- 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
Core Technical/Professional
General Accounting
- Posts to and updates the General Ledger
- Processes journals at month end
- Processes all journals for central functions (for example bonus provisions, leave pay provision, budget smoothing general journals, accruals, reallocation accounts, standard, adjusting, audit, and closing journal entries etc.)
- Assists in resolving any discrepancies
- Perform Monthly 120 Day Debtors Provision and raises provisions for debtors where required
- Adjusts and releases provisions accordingly in terms of materiality framework
- Assesses impact of proposed general ledger change
- Reconciles sub ledger entries
- Performs period and year-end close activities
- Perform Foreign Currency Revaluation
- Revaluation for Foreign Bank Accounts
- Assist GL Accountants in clearing and matching transaction
- Complete Balance Sheet recons linked to Controllership areas
- Implement standardised policies and procedures across Controllership areas and monitor compliance across Africa
- Provide training and knowledge sharing to teams across Africa for Controllership areas
System: Blackline and SAP FI
- Blackline management: Support with system administration tasks
- SAP FI: Perform SAP FI regression testing
Fixed Assets
- Record fixed assets by creating and supervising a system of procedures, forms, and controls.
- Recommend any updates to accounting policies affecting fixed assets to management.
- Perform reconciliation of fixed asset subsidiary ledger balance with summary-level account in the general ledger
- Perform depreciation calculation for all fixed assets
- Perform revision and update on the detailed schedule
- Track Company’s fixed asset spending in relation to its capital budget, as well as management authorizations.
- Escalating risks with financial impacts timeously.
- Coordinate between Head of Operations, ATS and GL accountants to ensure accurate recording of assets, asset classes and user assignments
Interfirm
- Perform monthly reconciliations for Interfirm/Related Parties and reporting (including Loans, Accruals, Receivables and Payables and other related accounts)
- Submit approved schedules to Accounts Payable or Accounts Receivable teams to arrange payment/receipting.
- Review and ensure Master Data for Related Party and Interfirm Business Partners are correct on ERP system
- Ensure Withholding tax requirements have been met and certificates have been received.
- Assist with applications to Reserve Bank involving related parties and Member Firms as and when required and ensure all conditions of approval are met.
Payroll
- Capturing payroll adjustments from error reports;
- Reconciling and approval of payroll payment requisitions;
- Preparing the monthly payroll and related journals;
- Posting payroll journals to the General Ledger;
- Preparing Financial Manager reports and send it out to business partners;
- Perform reconciliation between source system payroll reports and SAP after posting of the payroll journal
- Follow up with treasury and/or accounts payable to ensure timeous payment of salary and other related payments, such as taxes and other staff deductions and firm contributions
Governance
- Complies with standardised processes and controls aligned to Deloitte’s risk processes and governance.
- Attends Controllership team meetings and training
Competencies
Technical
- 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
- 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
Note: The list of tasks / duties and responsibilities contained in this document is not necessarily exhaustive. Deloitte may ask the employee to carry out additional duties or responsibilities, which may fall reasonably within the ambit of the role profile, depending on operational requirements.
At Deloitte, we want everyone to feel they can be themselves and to thrive at work—in every country, in everything we do, every day. We aim to create a workplace where everyone is treated fairly and with respect, including reasonable accommodation for persons with disabilities. We seek to create and leverage our diverse workforce to build an inclusive environment across the African continent.
Leadership Capabilities (Manager)
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
At Deloitte, we want everyone to feel they can be themselves and to thrive at work—in every country, in everything we do, every day. We aim to create a workplace where everyone is treated fairly and with respect, including reasonable accommodation for persons with disabilities. We seek to create and leverage our diverse workforce to build an inclusive environment across the African continent.
