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



  1. 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.



  2. 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.

  3. Selection process: Shortlisted candidates will undergo technical assessments, case studies, and competency-based interviews.

  4. Deadline: Applications will be reviewed on a rolling basis until the position is filled.