Financial Officer: Accounts (Petty Cash)

Job Purpose

• To process accounting transactions and perform reconciliations to ensure accurate and complete financial records, in accordance with set policies and procedures. 

Education and Experience

Minimum Qualification & Experience Required

• Relevant Higher Certificate (Accounting Certificate/ Diploma NQF 5) and 2 years' experience in a Finance or similar financial environment.

#Alternative

• Senior Certificate (NQF 4) AND 3 years related experience in a Finance or similar financial environment.
• Note: The alternative qualifications and experience refer to the internal minimum requirements (internal staff of SARS).

Job Outputs:

Process

• Verification of invoices/documents/payments / receipts / and documents received/tax invoices are valid and correct.
• Follow up on outstanding invoices / payments/ receipts/ in order to identify discrepancies & variances.
• Capture and verify financial transactions to ensure treatment and/or payment is accurate
• Quality assurance of transactions captured to ensure accuracy, correct calculation, validity and completeness of data and information to minimise mistakes.
• Reconciliation of Accounts to confirm and identify discrepancies / variances and that balances are accurate, complete and valid.           
• Prepare accruals for services rendered at the financial year-end.
• Facilitate and resolve bank rejections in conjunction with Procurement and payroll.
• Monitor, assign, resolved and finalise incoming remedies on a daily basis.
• Maintaining stakeholder relationship and handle enquires.
• Compile and perform report analysis for monthly submissions on financial transactions/statistics as prescribed within the relevant statutory framework.
• Communication of transactional outputs and queries in area of work according to policies and quality requirements.
• Contribute to the development & improvement of area specific standards, procedures and processes to ensure continued quality and service improvement.
• Contribute to the successful implementation of change initiatives by providing support in area of work.
• Deliver on contracted performance objectives and escalate unresolved delivery and quality issues to management and process owners.
• Draw on own knowledge and experience to identify and develop solutions that leads to improved service delivery and quality
• Effectively plan and schedule own activities to continuously improve quality and service delivery in area of work.

Governance

• Comply with organisational internal control and governance standards in finance and procurement processes.
• Comply to set governance and compliance procedures and processes related to an area of work and continuously identify and escalate risks.

People

• Drive own performance and development in order to achieve and improve on work outputs in line with required response time, quality and service delivery standards.
• Search for, integrate and share new knowledge attained through formal and informal learning opportunities in the execution of your job.

Finance

• Adhere to specified policies, standards, legislation and procedures to prevent wastage on resources, unauthorised expenditure and wasteful expenditure and report violations.

Client

• Contribute to a culture of service excellence, which builds positive relationships and provides opportunity for feedback and exceptional service.
• Ensure client satisfaction by engaging and delivering a service that is consistent, seamless, quick and error free.

Behavioural competencies

• Fairness and Transparency
• Honesty and Integrity
• Accountability
• Conceptual Ability
• Trust
• Respect
• Attention to Detail
• Building Sustainability

Technical competencies

• Functional Policies and Procedures
• Financial Administration
• Standard operating procedure compliance
• Planning and Organising
• Financial Control
• Financial and Performance Reporting
• Financial Acumen
• Written Communication
• Verbal Communication
• Financial Analysis and Reporting
• Analytical Thinker