About the Role
The Compensation Fund is seeking a dedicated Financial Reporting Specialist to join its team in Pretoria. In this vital role, you will be responsible for executing the processing and posting of transactions, as well as analysing and verifying accounting records. Your contributions will make a significant impact on the financial integrity and transparency of the Fund, ensuring that resources are managed effectively for the benefit of the South African public. This position not only plays a crucial role in the overall financial operations but also supports the community by ensuring that services related to compensation and benefits are delivered efficiently.
As a Financial Reporting Specialist, you will be based in the vibrant city of Pretoria, the administrative capital of South Africa. This location allows you to be at the heart of public service, working alongside professionals who are committed to enhancing the financial framework that supports the nation’s workforce. Your role will help streamline processes that affect countless citizens, making your work not just a job, but a meaningful contribution to society.
About the Department
The Compensation Fund operates under the mandate to provide compensation for occupational injuries and diseases, ensuring that employees receive the necessary support during challenging times. This department plays a pivotal role in safeguarding the rights of workers and promoting a healthier workplace environment across South Africa. By joining the Compensation Fund, you will be part of a team that upholds the values of integrity and service excellence, making a tangible difference in the lives of many.
What You’ll Do
- Process and post financial transactions accurately and timely.
- Verify and analyse accounting records to ensure compliance and accuracy.
- Extract detailed reports from accounting systems for Prudential reporting.
- Prepare annual financial statements and collate relevant information.
- Supervise and mentor resources within the financial reporting team.
What You’ll Need
- An undergraduate qualification (NQF level 6) in Accounting or Finance, recognised by SAQA.
- A minimum of one year of experience in accounting.
- Knowledge of the Accounting Framework (GRAP) and relevant legislative requirements.
- Strong digital acumen with experience in financial systems and tools.
- Excellent analytical skills, with the ability to identify fraud and manage stakeholder relationships.
How to Apply
Direct your applications to the instructions below.
Requirements
Undergraduate qualification (NQF level 6) as recognised by SAQA in Accounting/Finance.One (1) year experience in Accounting.
Knowledge: Accounting Framework (GRAP).
Digital Acumen (Financial Systems, Tools).
Policy and compliance management.
Compensation Fund business strategies and goals.
Relevant Stakeholders.
Customer Services (Batho Pele Principles).
Public Service Regulations (PSR).
Public Service Act.
Supply Chain Management Prescripts on procurement.
Promotion of access to Information Act.
Legislative Requirements: PFMA and National Treasury Regulation.
Public Service Regulations.
Skills: Fraud identification.
Data analytic & reporting.
Stakeholder development & relations.
GRI (Global Reporting Initiative) and king IV Requirement.
GRAP (Local Reporting Standards).
Negotiation.
Analysing & Interpreting Information (Analytical Thinking, Forecasting & Projections).
Digital Acumen (Financial systems, Tools).
Visualisation, Facilitation and Presentation.
Job Duties
Execute processing and posting transactions.Analyse and verify accounting records.
Extract reports from accounting systems for Prudential reporting.
Collate information preparing annual financial statements.
Supervision of resources.
