The Role

Financial Accountant

 

The successful candidate will be responsible for ensuring the accuracy of revenue reporting. You will work closely with the business to understand the drivers for variances against forecast and prior year and understand the different products and clients to ensure the appropriate recording of revenue. 
This role will require close communication with the business and an understanding of how the business earns and records different revenue streams.  

Responsibilities:

Provide review and commentary of revenue variances against prior year, including analytics on client and invoice level data in order to derive and explain year over year growth by client, client retention and losses  Prepare revenue journals and ensure consistency of GL with operational systems  Work closely with the business to understand the timing of invoicing and work completed as well as explaining and supporting the business in understanding accounting adjustments  Review and challenge of accruals and deferrals of revenue  Ensure the correct application of IFRS 15 with regards to all lines of business including the need for the deferral of relevant costs  Using client knowledge to assist the business in checking, recording and reporting indirect taxes, as well as supporting the finance and operations teams in relation to the preparation of indirect tax returns and filing  Assisting in meeting the requirements for transfer pricing reporting, carried out in conjunction with the rest of the team, by providing revenue reporting on transactions with other entities in the group relevant to the transfer pricing disclosure requirements  Develop a good understanding and working knowledge of various company systems from which revenue is derived and reported 

The Requirements

 

Confidence to work directly with all areas of the business to challenge and understand the nature and timing of revenue Understanding of revenue recognition requirements and application A willingness to learn and understand the rules surrounding indirect taxes in order to provide a meaningful review and work with the business when errors are identified Clarity of presentation of results and variance analysis Strong Excel skills B Com Accounting qualification or similar with completed articles or suitable business experience of at least 3 to 7 years.

 

 

Preference will be given to applicants from designated groups, in line with the South African Employment Equity Act.

WTW is committed to finding opportunities to promote workplace flexibility, when possible, based on the needs of our customers and the company. We are pleased to say that this role meets the criteria for flexible work. 

WTW is an equal opportunity employer