Accountant: Accounts Payable - #305488

Road Accident Fund


Date: 2 weeks ago
City: Tembisa, Gauteng
Contract type: Full time
Reference: 42229684

Road Accident Fund



Purpose of the Job:Reporting to the Senior Accountant: Accounts Payable, the successful incumbent is responsible for supervision and control of the Accounts Payable department.



Purpose of the Job:Reporting to the Senior Accountant: Accounts Payable, the successful incumbent is responsible for supervision and control of the Accounts Payable department.

Key Performance Areas

Ensure and coordinate General Financial Accounting Administration

  • Ensure accurate and complete recording of transactions.
  • Review of weekly submissions from direct reports.
  • Prepare timely and accurate month-end journals and assist the Senior Accountant with other month/year-end functions as required.
  • Clearing of general ledger control accounts.
  • Perform monthly General Ledger Reconciliations to ensure that all balances are captured accurately, and variances are resolved timeously.
  • Ensure accurate, timely financial cut offs in accordance with the Financial Month End Calendar.

Provide supervision of the Accounts Payable Department

  • Review of weekly submissions from direct reports.
  • Prepare timely and accurate month-end journals and assist the Senior Accountant with other month/year-end functions as required.
  • Clearing of general ledger control accounts.
  • Perform monthly General Ledger Reconciliations to ensure that all balances are captured accurately and variances are resolved timeously.
  • Ensure accurate, timely financial cut offs in accordance with the Financial Month End Calendar.
  • Review non-purchase order payments for accuracy and validity before posting on SAP.

Reporting

  • Generate ad hoc reports for management information and approval.
  • Ensure that all reporting is accurate and timely
  • Report instances of Financial Misconduct in accordance with RAF policies.
  • Reporting on outstanding trade vendor invoices
  • Aid in the development of functional reporting systems, for management, project or performance reporting.
  • Report regularly and periodically perform necessary submissions as and when required to provide progress updates and/or inform management decisions.

Stakeholder Management

  • Aid in proactive and progressive relationships with key stakeholders.
  • Deal with inquiries and requests for information from both internal and external stakeholders.
  • Aid in the maintenance of relationships with vendors, service providers or procurement teams and ensure that all relevant procured items are invoiced and paid on time.

People Management

  • Ensure that good employee relations are maintained.
  • Provide ongoing operational support to employees.

Qualifications and Experience

  • Bachelor's Degree/ Advanced Diploma in Finance/Accounting related qualification.
  • Relevant 4 years' experience in an accounting environment of which 1 year experience must have been on a supervisory level.
  • SAP experience will be an added advantage.

Technical and Behavioral Competencies Required

  • Planning, organising and coordinating.
  • Personal mastery.
  • Judgment and decision making.
  • Ethics and values.
  • Client service orientation.
  • Basic financial knowledge.
  • Knowledge of the PFMA and Treasury regulations
  • Firm grasp of Principles of accounting: IFRS and GRAP
  • Knowledge of financial Software Packages

NB: "RAF offers Total Employment Cost packages with no additional contributions from the Employer, successful candidates are required to structure their packages in a manner that will suit their needs".



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