Client Accountant

Job Description

Job no: 572996
Work type: Full time
Location: Cape Town, South Africa
Categories: Client Accounting, Private Equity and Real Estate, Funds
Office Location: Cape Town

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About TMF Group
TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. Our 11 000+ experts and 125+ offices in 87 jurisdictions worldwide serve corporates, financial institutions, asset managers, private clients and family offices, providing the combination of accounting, tax, payroll, fund administration, compliance and entity management services essential to global business success

Job purpose

The Client Accountant and Administration role supports more complex tasks in the accounting preparation and finalisation process and will be responsible for accounting and certain administration tasks of a portfolio of clients. The role holder will also review work of assistants and administrators. The role holder will be required to prepare management accounts and financial statements at a high-quality standard and a high level of attention to detail, including filings relevant tax filings under review and supervision of their team’s supervisor and/or manager. The role holder will also be required to support the team and certain administration tasks, such as the clients banking and payment services. The role holder will own client relationships and respond to clients requests in a prompt and proactive manner.

Duties and responsibilities

• Responsible for ensuring the timely completeness and accuracy of the accounting records while using the appropriate functionalities of the mandated systems.
• Responsible for the accurate preparation of primary accounting documents, accounting statements and reports required by the client including management accounts (periodic and annual) and roll-forward financial statements (IFRS and/ or IFRS 102)
• Responsible for certain administrative tasks, such as banking and payment services
• Responsible for meeting the indicated deadlines for each allocated client
• Support compliance related filings (like CBI and tax filings)
• Executes primary documents in accordance with accounting for fixed assets, inventory items, settlements with customers
• The day-to day contact for clients under the guidance of the team’s supervisor/manager
• Responsible for the accurate booking of all journal entries and accounting documents into the general ledger for allocated clients (depreciation, prepayments, re-evaluations)
• Reviews accounting entries processed by assistants & administrators.
• Assists in the maintenance of the chart of accounts, sub-ledger accounts and other accounting application configurations
• Identifies out-of-scope service and providing respective information to the team leader/manager
• Maintains contact with auditors, tax advisors, lawyers, notaries and other involved parties to obtain the required information for reporting purposes and deal with queries and follow up
• Keeps up to date with changes in local accounting and tax legislation

Job specific requirements

• Degree holder in Accountancy or business related disciplines
• Candidate with previous Accounting and Financial Reporting experience
• Resourceful, independent and strong problem-solving abilities
• Excellent written and communication skills, with strong ability to plan ahead and organise themselves
• Analytical structured mind set with ability to follow and build upon existing processes and ensure data is maintained with accuracy and consistency
• Fluency in English, speaking and writing
• Proficiency in MS Excel and MS Word is essential, with experience of local accounting system desirable

Key results Areas & Key Performance Indicators

• Approximately 60% Accounting function
• Approximately 40% Admin/ Payment support
• Data Entry completeness and accuracy into the Accounting system
• Adherence to ISO27001 Data/information Security protocols
• Ensure timeliness and correctness of data provided to clients
• Meeting and excel in employee productivity target
• Ensure the team’s entities remain fully compliant with accounting and tax legislation
• Support process enhancement and continuous process improvements, utilising systems as required
• Zero Customer escalations related to delivery within your span of control

Critical competencies for success

Operational Excellence

• Will take advantage of learning opportunities to meet the needs of the current job
• Promptly and efficiently completes work assignments
• Be punctual in all deliverables
• Strives for very high standards of delivery to clients
• Has a strong understanding of processes needed to undertake the role successfully
• Will keep up to date with business trends / changes in the law that will impact their role
• Only makes decisions within defined limits of authority

Commercial Awareness

• Has a basic understanding of TMF Group’s business lines and how TMF is structured
• Understands and applies control and risk governance frameworks consistently
• Fully knowledgeable on the day to day activities required to maintain client statutory records

Leadership & Resource Management

• Reviews own work and some non-complex work undertaken by more junior team members / interns
• Regularly manages expectations of more senior colleagues
• Understands own motivation and personal impact in optimizing personal and team performance
• Acts with integrity and upholds the values of the organization in all they do

Interpersonal Skills

• Communicates information effectively in a clear and concise manner (verbal and written work) to both internal and external stakeholders
• Able to deal with difficult situations in a calm and diplomatic way
• Manages internal and external stakeholder expectations with regards to delivery, escalating concerns as appropriate
• Continuously update supervisor and/ or manager of client deliverables and deadlines

What's in it for you?
An exciting opportunity in an international company
Professional development opportunities as well as extensive individual further training opportunities, supported by our TMF Business Academy
A career within an ever evolving market
Flat hierarchies with direct contact to management and international exchange
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Advertised: 18 Jun 2024 South Africa Standard Time
Applications close: 18 Jul 2024 South Africa Standard Time