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Financial Accountant
Operating Division:Transnet Corporate Centre
Employee Group:Permanent
Department:FI, Financial Reporting, GRP
Location:Johannesburg
Reporting To:Executive Manager
Grade:E
Reference:req5270
The closing date is on 15/07/2026. It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement.
Position Purpose
To support the Group-wide (i.e. includes the Operating Divisions) financial accounting reporting in terms of statutory and International Financial Reporting Standards on a monthly, quarterly, half-yearly and annual basis.
Position Outputs
• Prepare the Group’s reporting consolidation with relevant finance managers across divisions, provide the development of changes required and ensure that all additional reporting requirements, in terms of International Financial Reporting
Standards, the Companies Act and management accounting/budget system are implemented, including monitoring the
process and inter-company balances.
• Prepare Transnet’s notes to the financial statements for International Financial Reporting Standards and the Companies Act reporting purposes, implement timeliness and accuracy of the notes to the financial statements, including:
– Discuss and agree accounting standard and business requirement changes with senior management, the Group
Technical team (and external auditors, if applicable) prior to implementation.
– Implement accounting standard and business requirement changes into the Business Warehouse consolidations system (with IT support), resulting in updates of notes to the financial statements.
• Engagement with external auditors on the audit of the Group consolidation.
• Continuous monitoring to improve timeliness and accuracy of the Finance Team and EXCO Team financial reports,
specifically the Group income statements, statement of financial position and cash flows, analysing deviations with the
relevant finance managers, across divisions, ensuring that the Company’s financial results are accurately reported on, from
an external reporting, management reporting and statutory reporting perspective.
• Prepare Transnet’s National Treasury Grap AFS financial reporting with the relevant notes, including continuous
development and enhancement to improve the timeliness and accuracy of the reports.
• Prepare quarterly STATSSA and SARB reports accurately and timeously and implement innovative ideas to enhance the
preparation of these reports.
• Prepare the GMTN Base Prospectus, supplements and quarterly updates accurately and timeously and implement
innovative ideas to enhance the preparation of these reports.
• Define own performance goals and monitor new ideas generated from manager and peers within the division, identify
training and coaching needed in order to upskill specialist areas for oneself and manage the development of trainee
accountants by training, coaching and identifying weaknesses and strengths.
• Create working relations with the other divisions/departments and build positive business relationships with peers and
specialists to ensure that commitments are delivered within appropriate timeframes, including assisting with ad-hoc requests from the Office of the GCFO and other ad-hoc requests from the Group that require Group Reporting’s input/completion.
Qualifications and Experience
• CA(SA) is required
• Reporting experience is an added advantage
• Requirement of Trust and Honesty in the handling of Finances as per the National Credit Act Amendment 19.
Standard Job Requirements:
• Driver’s license code 08
• Travel as required.
Competencies
Functional:
Financial and Accountant Management
• Prepare financial statements and reports and ensure accuracy, completeness, and compliance with reporting
requirements;
• Identify potential compliance issues and recommend solutions to management; and ensure timely completion of financial
reporting requirements.
Behavioral:
• Strategy & Sustainability
• Inspirational Leadership
• Business Performance and Delivery
• Relationship Management
• Corporate Governance & Compliance
• Personal Mastery.
Equity Statement
Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating Division.
Disclaimer
If you have not heard from Transnet within 90 days, please consider your application as unsuccessful.
Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056 or email reportit@ethicshelpdesk.com
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