|Location||East London, East London, South Africa|
The World Vision (WV) South Africa Finance Officer is responsible for implementing and maintaining routine financial, accounting and administrative services for the National Office. To analyze and/ or reconcile various detail general ledger accounts for departmental cost reports and preparation of accounting journal entries according to Generally Accepted Accounting Principles (GAAP).
Duties And Responsibilities
Preparation of Monthly Field Finance Reports
Review of voucher interface transactional coding in a centralized database structure by ensuring that documents have the required T-codes before input in Sunsystem so as to ensure timeous production of accurate and reliable financial reports of Area Development Programs (ADPs) and for the National Office.
Posting data on hold in Sun systems to enable extraction and analysis of relevant information for report production.
Effecting adjusting journals on voucher interface after transmission of backup documents to ADP for review.
Production of Income Statement Accounts, Monthly General Ledger and Balance Sheet Accounts Reconciliations
Produce General Ledger Reconciliation for onward transmission to Global Centre, after cost allocation to ADPs and other Cost Centres and attend to queries thereon and enable National Office to finalize production of Financial Reports.
Ledger reconciliation for account 200 (Accruals) and 180 (Accounts Receivable) for decision-making by management on timely corrective action to be taken for the accounts with a view to ensure that the office complies with Accruals Accounting Concept as per GAAP and that it does not suffer losses arising from potential costs sitting in the Balance Sheet.
Responsible for leading the accounts payable team making sure supplier payments are processed on time and that supplier accounts payable accounts a current and up to date.
Reconciliation of Account 598
Preparation of Settlement Advices (SAs) and Pre Approvals (PA’s) for World Vision Partnership
Create Pre-approvals and process Settlement Advice (inter-company charges) and journal entries.
Follow up on SAs pending approvals with various partnership offices
Preparation of National Office Audits
Preparation of audit schedules that support financial statement balances during financial year and at year-end for efficient production of requests by internal and external auditors.
Monthly Funding Forecasts
Review National/Program offices Cash Flow and advise accordingly on funding requirements.
Compile and Consolidate Monthly Funding requests and review funding status periodically.
Qualifications And Experience
The ideal candidate should hold a Bachelor’s Degree in Accounting / Finance from a recognized University.
Possession of a Professional Qualification such as ACCA, CIMA, and CIS will be an added advantage
Not less than two (2) years’ experience in an Accounting environment
Experience within the NGO sector is an added advantage.
Professional and emotional maturity required
Ability to be a team member essential
Ability to work under minimum supervision and working long hours to meet strict deadlines required