Overview
Consolidation Accountant Jobs in Durban, South Africa at Grindrod
Position Summary
Industry:
Distribution, Transport & Logistics
Job Category:
Corporate Accounting, Consolidation and Controlling
Location:
Durban
Contract:
Permanent
Remuneration:
Market Related
EE Position:
Yes
Introduction
A challenging opportunity has become available for a self-motivated, highly driven, and innovative individual to join Grindrod Corporate Services at their offices in Durban.
Primary Job Purpose
To ensure accurate and timeous reporting of consolidated financial results that is of a good quality and standard.
To ensure that the Financial Reporting function is supported through the provision of input in the areas of financial and performance reporting and accounting technical advice.
Consolidation Process and Consolidated Group Accounts
Review and analysis of monthly reports received, and queries resolved with the divisions.
Perform the allocated consolidation/s and assess consolidation for reasonableness.
Improve the consolidation process through innovation.
Preparation of reporting documents for board and management reporting incorporating:
Balance Sheet
Income Statement
Cash Flow Statements
Management Income Statement
Understanding of consolidation performed.
Ensuring deadlines are met.
Accurate and complete.
IFRS Technical
Providing technical accounting opinions on current or future accounting transactions/processes within the group.
Liaising with the group’s auditors and advisors on changes in the accounting standards and legislation to ensure compliance.
Identifying the possible impact (quantitative and qualitative) to the group.
Updating the group accounting policies for changes in the accounting standards.
Communicating and discussing changes with the Consolidation Manager.
Maintaining current and relevant IFRS Technical knowledge.
Ensuring compliance with IFRS standards thereby reducing risk of non-compliance.
Relationship Management
Establishing and maintaining relationships with financial accountants and managers.
Providing assistance with problems they may encounter.
Annual Audit
Prepare for and coordinate interim and annual audit:
Interact with auditors – provide background and address queries, assist with systems checks.
Documentation requirements.
Prepare Grindrod annual year-end pack.
Scrutinise annual financial statements.
Identify and implement audit process improvements that will increase efficiencies.
Achieve unqualified audit.
Meet deadlines.
Provide accurate information.
Proactive and comprehensive preparation – optimisation of Auditor time.
Financial Reports
Prepare annual financial statements for allocated companies.
Assist with the annual financial statements for other head office companies.
Produce ad hoc reports as required.
Ensure accuracy and completeness.
Make reports user-friendly and easy to understand.
Ensure timeliness.
Minimum Requirements
Qualifications
Bcom Hons, preferably a CA(SA).
Experience
Preferably 1 – 2 years’ experience in consolidation or IFRS technical position.
Applicants to send their CVs to
Applications close on 10 March 2025.
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Title: Consolidation Accountant
Company: Grindrod
Location: Durban, South Africa
Category: Accounting (Financial Reporting, Accounting Manager, Tax Accountant), Finance & Banking (Financial Reporting, Accounting Manager, Tax Accountant)
