Group Reporting Accountant - Rand Water


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Rand Water Accounting / Finance Jobs in Gauteng


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Rand Water is looking for a dynamic and technically competent Group Reporting Accountant to join its Finance Division. The ideal candidate will be responsible for delivering timely and accurate consolidated financial statements across the Group and its entities. This role requires strong technical accounting knowledge, compliance with International Financial Reporting Standards (IFRS), PFMA, VAT legislation, National Treasury reporting frameworks, and the ability to liaise with internal and external auditors. The successful candidate must have excellent attention to detail, experience with SAP and CaseWare, and bring a collaborative approach to partnering with business units and auditors.

Primary Duties    

Preparation of separate and consolidated of financial statements

  • Prepare separate and consolidated financial statements in accordance with IFRS, PFMA, and other applicable regulations, including inputs to the Integrated Annual Report.
  • Ensure timely submission of accurate financial reports to stakeholders and regulatory authorities.
  • Implement disclosure enhancements based on JSE Proactive Monitoring and IFRS updates.


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Trial Balance Management and Review

  • Maintain accuracy and integrity of trial balance for the organisation and subsidiaries.
  • Review and approve SAP Trial Balance structural changes.

Financial Compliance and Internal Controls

  • Ensure adherence to the Accounting Policy Manual and internal control procedures.
  • Assess and update compliance processes to reflect regulatory changes.

Business Partnering and Financial Advisory

  • Partner with business units to provide accounting guidance and support decision-making.
  • Respond to complex financial queries with IFRS-aligned solutions.

Budgeting and Expenditure Monitoring

  • Participate in budgeting processes and monitor performance against the budget.
  • Analyse and explain budget variances.

Audit Management and Assurance Support

  • Lead audit readiness initiatives and support both internal and external audits.
  • Coordinate audit documentation and responses to findings.

Strategic and Operational Reporting Projects

  • Drive financial reporting improvement initiatives and IFRS implementations.
  • Align reporting outcomes with Group Finance strategy.

Policy Management and Continuous Improvement

  • Update and communicate changes to the Accounting Policy Manual.
  • Ensure consistent application of accounting policies across all units.

Risk Management and Governance

  • Identify, assess, and report financial reporting risks.
  • Implement mitigation actions and monitor effectiveness.

Documentation and Records Management

  • Maintain audit-ready electronic and manual records.
  • Ensure compliance with record retention policies.

Minimum Requirements    

  • A Degree in Accounting or Finance (NQF 7)
  • Completed SAICA or SAIPA articles
  • Professional registration (e.g., CA(SA), PA(SA)) is an advantage
  • Minimum 3–5 years of experience in a Financial Reporting environment
  • Proficiency in Microsoft Office Suite
  • SAP (FI Module) experience; Caseware exposure and experience with National treasury templates is advantageous
  • Solid understanding of PFMA, VAT Act, IFRS, and NT Reporting Framework


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Knowledge    

  • In-depth knowledge of International Financial Reporting Standards (IFRS)
  • Understanding of PFMA, VAT legislation, and Treasury regulations
  • Knowledge of governance, policies, and internal controls
  • Exposure to group consolidation, reporting and JSE Proactive Monitoring
  • Strong working knowledge of CaseWare software
  • SAP FI Module and integration experience

Skills    

  • Strong analytical and problem-solving abilities
  • High-level analytical and problem-solving skills
  • Excellent attention to detail
  • Advanced Excel and Financial Systems Capability
  • Excellent communication skills
  • Strong time management and ability to priorities
  • Ability to apply financial standards and policies
  • Ability to explain complex standards to non-financial users

Attitude    

  • Integrity and ethical conduct
  • Accountability and reliability
  • Customer-focused
  • Adaptable and innovative
  • Team-oriented
  • Proactive and resilient
  • Flexible and open to change
  • Committed to excellence and professional growth
  • Team player with a positive and proactive approach


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