Financial Accountant required urgently: APPLY NOW
Key responsibilities of Legal Entity Control team
Corporate Financial Reporting:
Month end reporting – ensuring the month end close within corporate deadlines (4 day close period), verification of corporate P&L, resolution of inter-entity breaks and equity break with parent company during month-end close (in liaison with financial control), unnatural balance checks and FX trade outs.
Monthly conversion of the multi-currency US GAAP financial information to IFRS compliant financial reporting for regulatory reporting purposes.
Compliance with the firms GLRS (general ledger reconciliation and substantiation) policies, and US accounting policies, including P&L remittance and capital hedging submissions.
Ownership of intra group income and expenditure allocations (SAPCO) for the location including cash settlement, reporting and trend analysis.
Liaising with financial control to ensure resolution of inter-entity breaks impacting local legal entities
Ensuring appropriate financial controls are in place and operating effectively.
Ownership of reference data mappings to corporate ledger for one of the local legal entities. Preparation of accounts receivable and audit fee provisions reconciliations and adjustments.
Involvement in local and regional projects, including preparation of LEC contribution to project documents as required.
Local Financial Reporting:
Preparation of inputs for local management reports (Month end packs, local operating committees, etc).
Preparation of local and corporate submissions (monthly/quarterly)
Preparation of the Annual Financial Statements (IFRS based) and audit file as well as liaise with auditors to close out request.
Taxation & Statutory:
Preparation and reconciliation of tax schedules (Professional fees, audit fees, legal fees and repairs and maintenance).
Tax bank accounts – including reconciliations, funding and payments as well as Federal reporting.
Assist with relevant statutory filing requirements for all local legal entities.
Preparation of Public Interest scoring calculations
Adhering to retention policies and archiving of documents and information in line with Companies Act requirements.
B-BBEE reporting
B-BBEE scorecard reporting for both internal and external purposes.
Compiling the monthly BEE committee pack
Updating and maintaining the BEE reporting tool
Key Competencies
Firm grasp of finance and accounting principles.
Knowledge and experience in electronic ledgers and accounting systems.
Ability to multitask, prioritize deadlines and manage own time.
Good communication skills.
Strong MS Excel knowledge
Educational/Qualifications
Postgraduate accounting degree
Experience
Minimum 3-4 years of working experience.
General accounting experience.
Key Personality Traits
Analytical/detail orientated.
Works well under pressure.
Logical & well organized
Team orientated.
Delivery focussed and meets deadlines.
Proactive and adept at issue resolution.
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
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-Indeed
