Group Reporting Accountant – Financial Reporting and Analysis
Rand Water
Available Locations:
Johannesburg, Gauteng
Job Description
Job Summary
Rand Water is seeking a detail‑oriented Group Reporting Accountant to own group-wide financial consolidation, statutory reporting, and performance analysis. You will drive the month‑end close, prepare IFRS-compliant reports, deliver incisive variance analysis to leadership, and continuously improve our financial control and reporting framework. This role partners closely with Business Unit Finance Leads, FP&A, Treasury, Tax, Internal Audit, and the Executive team to ensure timely, accurate, and decision-ready information.
Key Responsibilities
- Group consolidation & month/quarter/year-end close: Lead the end-to-end consolidation process, ensuring accuracy, consistency, and adherence to IFRS.
- Financial statements & disclosures: Prepare consolidated primary statements, notes, and supporting schedules for management, Board, and external stakeholders.
- Technical accounting: Interpret and implement new/complex IFRS standards (e.g., IFRS 9, 15, 16) and draft accounting memos/position papers.
- Financial analysis: Produce insightful variance, trend, and ratio analyses; translate numbers into clear business narratives and recommendations.
- Controls & compliance: Strengthen group financial controls, policies, and procedures; ensure audit readiness and coordinate with external and internal auditors.
- Reporting systems & data quality: Own master data integrity and drive continuous improvements in consolidation/reporting tools (e.g., SAP BPC/Group Reporting, HFM, OneStream).
- Budgeting & forecasting support: Partner with FP&A to align actuals, budgets, and forecasts; reconcile management and statutory views.
- Tax & treasury interface: Support tax provisioning, intercompany eliminations, FX translations, and funding structure reporting.
- ESG / Integrated reporting (advantageous): Contribute to non-financial KPIs, integrated reporting packs, and sustainability disclosures.
- Ad-hoc projects: Support restructurings, acquisitions/divestitures, purchase price allocations, and post‑merger integration from a reporting perspective.
Required Skills and Qualifications
- Professional qualification: CA(SA), ACCA, CPA (or equivalent).
- Strong, hands-on knowledge of IFRS and group consolidation principles.
- Advanced proficiency in Excel (Power Query / Power Pivot an advantage) and experience with at least one enterprise consolidation system (SAP BPC/Group Reporting, HFM, OneStream, Oracle FCCS, etc.).
- Solid understanding of internal controls, governance, and audit processes.
- Exceptional analytical, problem-solving, and storytelling skills with the ability to communicate complex issues simply to non-finance stakeholders.
- High attention to detail with the discipline to meet tight deadlines in a multi-entity environment.
- Strong stakeholder management and collaboration skills across all levels.
Experience
- 5–8+ years of progressive post-articles experience in group reporting, technical accounting, or external audit of large, multi-entity groups.
- Demonstrated experience preparing consolidated financial statements under IFRS.
- Prior exposure to utilities/infrastructure/heavy industry or public sector entities is advantageous but not mandatory.
- Experience implementing or optimizing consolidation/reporting tools and financial close processes.
Working Hours
- Full-time, Monday to Friday (typically 09:00–18:00) with flexibility during peak reporting cycles (month/quarter/year-end and audits).
- Hybrid work model may be available, depending on business needs.
Knowledge, Skills and Abilities
- Deep technical accounting knowledge (IFRS standards, complex consolidations, FX translation, intercompany eliminations).
- Proficiency in data modelling and large data set reconciliation.
- Understanding of tax provisioning, treasury, and funding structures at group level.
- Ability to design, document, and enforce financial policies and procedures.
- Comfortable navigating ambiguity, prioritizing effectively, and delivering under pressure.
- Strong written reporting and presentation skills (PowerPoint / Power BI advantageous).
Benefits
- Competitive total compensation aligned with experience and market benchmarks.
- Retirement / pension plan, medical benefits, and risk cover.
- Professional development support (CPD, technical training, systems upskilling).
- Leave benefits in line with or above statutory requirements.
- Exposure to executive-level decision making and high-impact strategic projects.
Why Join
- Play a pivotal role in shaping the financial integrity and transparency of a mission-critical organisation.
- Work on complex, intellectually stimulating group structures and transactions.
- Join a culture that values excellence, accountability, and continuous improvement.
- Opportunity to modernize reporting systems and processes and leave a lasting footprint.
How to Apply
- Prepare your application pack:
- Updated CV highlighting group reporting, IFRS, and consolidation experience.
- Brief cover letter summarizing your technical strengths and most relevant achievements.
- (Optional) Sample technical memo or publication demonstrating IFRS application.
- Submit your application via Rand Water’s careers portal or the advertised channel, quoting “Group Reporting Accountant – Financial Reporting & Analysis” in the subject line/reference field.
- Selection process: Shortlisted candidates will undergo technical assessments, case studies, and competency-based interviews.
- Deadline: Applications will be reviewed on a rolling basis until the position is filled.