Snr Manager: Statutory Reporting

Operating Division:Transnet Rail Infrastructure Manager (TRIM)
Employee Group:Permanent
Department:TR-FIN-Statutory Reporting-PKT
Location:Parktown
Reporting To:General Manager: Finance
Grade:D
Reference:req5676

The closing date is on 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 manage and Coordinate Group reporting requirements
including the development of guidelines, templates and instructions for the
business areas and the implementation of internal controls to ensure the
delivery of timeous and accurate information. • To review, aggregate and
consolidate statutory financial and monthly management information in order to
ensure the delivery of accurate and timeous reports in accordance and
compliance with the Group reporting standards and requirements. • To ensure
that all accounting policies and procedures are compliant with all statutory
regulations and accounting standards and that they are communicated to the
business areas.

Position Outputs

• Analyse new accounting standards to assess the impact and changes in
the reporting requirements and develop new processes to ensure
compliance with new standards
• Assist in developing adequate levels of internal control throughout
the business to ensure the quality and usability of incoming information
that it is adequately supported and explained where necessary
• Compile and roll out reporting templates, reporting instructions
and reporting requirements to be used on a periodic basis, ensuring
alignment with the requirements of Transnet
• Conduct follow up with appropriate finance personnel for answers on
technical queries arising from the reporting of the different business
areas and support units.
• Perform timely periodic production of the financial consolidations
and statistical reporting in order to enforce the financial and statistical
reporting calendar and maintain compliance with the prescribed format
for the Group
• Review of monthly, quarterly and annual financial reports and
audit committee submissions and review of all financial information
included within the annual report.
• Review the monthly trial balance to ensure that it complies with IFRS
prior to inclusion in the monthly reporting in conjunction with the
finance managers responsible for the ledger.
• Assist in planning and managing the external audit process, including
determining the areas to be covered and the extent and scope of the
audit, providing facilitation services and ensuring that all queries are
satisfactorily resolved, and audit packs are timeously approved
• Coordinate the follow-up of issues related to statutory reporting in the
external audit management letter or in the internal control reports and
ensure that they are dealt with promptly and in a satisfactory manner and that there are no repeat occurrences • Lead and manage staff within the department so that they meet the objectives of their roles and obtain the necessary guidance and
development
• Assist the Head in ensuring that the spend of the Statutory Reporting
section is well managed and that the allocated budget is not exceeded
unless approval is obtained.

Qualifications and Experience

•CA (SA) qualification. • 8-10 years’ experience in Finance with at least 5 years at management level • Direct experience in statutory reporting will be preferred. • Requirement of trust and honesty in the handling of finances as per the National Credit Act Amendment. • Must undergo Lifestyle Audit. Standard Job Requirements • Driver’s license code 08 • Travel as required and approved

Competencies

• Strategy & Sustainability
• Strategic Thinking
Formulates strategies and business plans to achieve the overall organisation’s direction
•Commercial Awareness
Keeps abreast of internal and external factors that can impact the business
•Innovating
Generates new ideas or solutions by thinking "outside of the box"; reviews current processes or systems and identifies ways to optimise them
•Inspirational Leadership
•Inspiring People
Leads by example. Inspires, motivates and empowers team members to do their best
•Managing Talent
Provides clear direction and sets performance standards/requirements for the team.
•Leading Change
Leads and directs change initiatives
•Embracing Diversity
Leads and promotes equal opportunity and has an appreciation for diversity in the workplace
•Business Performance and Delivery
•Lead Business Performance
Leads the business to be more efficient and effective
•Strategic Decision Making
Is decisive and takes full accountability for decisions
•Business Acumen
Understands and deals with various business situation using obtained knowledge and a broad spectrum of expertise
•Relationship Management
•Communicating Effectively
Communicates the business strategy and objectives in a clear and manner
•Collaborating and Networking
Build wide and effective relationships with people inside and outside of the organisation to help achieve the organisations goals and objectives
•Service Orientated
Leads by example; strives for a customer centric culture where everyone acts with the customer in mind
•Persuading and Influencing
Is able to persuade and influence those around him/her for the benefit of achieving the organisation/department’s goals and objectives. Identifies and influences key decision makers using strong persuasive techniques and creates a strong personal impression that leads to buy in from others
•Corporate Governance & Compliance
•Leading Governance
Always work in the best interest of the organisation and aligns business practices to the ethical obligations and good corporate governance
•Leading Safety Practice
Leads safety practices by communicating, enforcing and supporting all safety standards and activities
•Leading Risk Management
Identifies areas of risks and implements corrective actions to mitigate the impact of risks to ensure overall sustainability
•Personal Mastery
•Learning and Applying Expertise
•Resilience
•Emotional Intelligence
•Vigour & Personal Drive

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