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PASSENGER RAIL AGENCY OF SOUTH AFRICA (PRASA)
 

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INTERNAL AND EXTERNAL ADVERT
 
FINANCIAL ACCOUNTANT
SALARY GROUP: Management 
LOCATION: Prasa Technical Head 
DEPARTMENT: Finance 
POST NUMBER: TBA 
REFERENCE: PRASATECH/FINACC/032024 
 
DEPARTMENTAL MISSION: To ensure payments are accurate and made on time and ensure accuracy and completeness of all financial records. Report on the bank and cash, receivables, accounts payables (incl accruals), other income and ledger accounts accurately. Manage the trial balance.
 
OUTPUTS:
• To manage a team of least one (1) person and a maximum of three (3) people
• To manage the Accounts Payable, Accounts Receivable, Other Income and General Ledger function for the division.
• To ensure that all General Ledger accounts are reconciled, reviewed, and cleared on a timely basis.
• Provide relevant and accurate support to all sub systems and departments.
• To manage and develop staff.
• Perform ad hoc projects to support senior management.
• Perform relevant and accurate month-end Financial Statement reports.
• Prepare other monthly reports related and supporting the financial statements.
• Ensure compliance to GRAP.PFMA and Treasury regulations, internal policies and Business processes and needs.
• Liaise and assist with internal and external audits.
• Manage compliance to minimize audit findings by ensuring compliance with relevant legislation.
• Ensure clearing of all audit findings.
• Provide assistance and support to the Management Accountant and entire Finance dept when requested to do so
• Correct misallocations identified.
• Compile financial reports for all departments.
• Process journals.
• Ensure all journals are supported by supporting documentation.
• Check and monitors Expense Analysis trends.
• Assists line management with obtaining of information as requested.
• Raises provisions/accruals for work done by suppliers.
• Compiles monthly and weekly reconciliations and submits to line manager.
• Ensure all payroll recons are done timely and correctly.
• Review and post inter-company journals from regions and Head Office
• Review VAT reconciliation.
• Perform recons and ensure money is recovered from debtors.
• Review bank reconciliations.
• Ensure bank statements and filing of statements and are done correct (in sequence) and complete.
• Ensure proper safekeeping and filing of bank reconciliations.
• Perform income statement reconciliations.
• Review creditor statement reconciliation.
• Review AP controlling reconciliation.
• Prepare the subsidy reconciliation.
• Ensure system closure up to date.
• Ensure the safekeeping of all financial documentation with department.
• Ensure Inventory balance reported in the financial records is accounted for in terms of GRAP standards.
• Ensure that long outstanding accruals are cleared timeously.
• Ensure that all AP,AR, Bank schedules are performed ,reviewed
 
KNOWLEDGE: 
• SAP systems
• Public Finance Management
• Financial Accounting
• Budgeting knowledge
• Financial policies and procedures.
• Microsoft (Excel, word, PowerPoint etc)
 
SKILLS:
• Computer literacy
• Negotiation
• Policy analysis and development
• Problem solving
• Report writing skills.
• Conflict resolutions
• People management and excellent communication skills.
• Strategic Management
• Systems and process thinker
• Planning and organizing
• Negotiating
• Strong analytical and interpretation skills.
• Project management.
 
ATTITUDES:
• Honesty
• Integrity
• Analytical
• Flexibility
• Responsiveness
• Professionalism
• Accuracy
• Supportive
• Team player
• Co-operative
• Confidentiality
• Pro-activeness
• Client focused strategist
• Ability to work under pressure.
• Positive and motivated
• Diplomatic
• Quality orientated
• Responsible
• Business awareness
• Initiative
• Reliable
• Self-driven
• Goal orientated.
• Customer Orientate.
 
CAPABILITIES:
Minimum Requirements:
• Grade 12
• BCom Accounting Degree/Diploma or similar qualification
• Minimum 3 to 5 years in accounting field
• Articles and CA(SA) will be an added advantage.




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Please apply by completing an internal application form (internal applicants) and submitting this together with your complete CV accompanied by recently certified copies of ID and qualifications to: Head of Department: Human Capital Management: PRASA, Private Bag X101, Braamfontein, 2017, office 14-19 or email Kgothatso.ntoane@prasa.com
 
By responding to this vacancy advert irrespective as to how such information is submitted, you consent to the collection, collation, processing and storing for such information and the use and disclosure of such information in accordance with the PRASA data privacy protection policy. PRASA shall take all reasonable measures to protect the personal information of candidates/applicants and for the purpose of this disclaimer “personal information” shall be defined as detailed in the Promotion of Access to Information Act, Act 2 of 2000 (“PAIA”) and the Protection of Personal Information Act, Act 4 of 2013 (“POPI”) A copy of PRASA’s Privacy notice is available on the website or on request. 
 
CLOSING DATE: 10th April 2024 
 
Should you not hear from us within three (3) months from the closing date, please consider your application unsuccessful. 
 
ISSUED BY SENIOR MANAGER RECRUITMENT AND SELECTION 
 
As per PRASA Employment Equity Plan, this position is earmarked as follows: 
MALE: African, Indian, Coloured, White
FEMALE: African, Indian, Coloured, White