Internal Client Services

Deloitte | Posted 29-03-2020

Midrand (General IT)

Job expired

Company Description

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the “Deloitte organization”) serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 312,000 people make an impact that matters at www.deloitte.com.

About the Division
It takes a high-powered network of internal support professionals to keep Deloitte going strong. The internal services function provides a wide variety of support services to our organisation and people. Rewarding career opportunities are available in:

  • Human resources
  • Information technology
  • Marketing and Communications
  • Financial support services, and much more.

As with all the functions in Deloitte, a core set of competencies is associated with each internal service area. An overall understanding of value-added client service, the experience to work in multifunctional and cross-border teams, strong.


Job Description

What impact will you make?
Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivalled opportunities to succeed and realize your full potential.

Main Purpose of Job
Responsible for maintaining the general ledger structure, recording financial transactions into the company's general ledger and subsidiary ledgers and various reporting functions
Dedicated to specific large / complex enablement functions

Differentiators for this specific role

Budgeting, Forecasting and Target setting

  • Budgets and forecasts for the central functions
  • Calculates recovery of enablement functions costs per service line
  • Performs direct and indirect cost allocations
  • Assists in setting targets for the central functions relating to cost efficiency
  • Implements of cost reduction plans in business
  • Provides support in driving the core pillars of the FINANCE 2020 strategy

Financial Reporting:

  • Prepares monthly results reporting pack and commentary (for enablement functions)
  • Reviews the balance sheet and income statement for enablement functions
  • Reviews and signing off balance sheet recon for enablement functions
  • Reports performance against KPIs and North Stars
  • Checks detailed general ledger and reallocates expenses to correct enablement departments (i.e. staff expense claims)
  • Determines provisions and accruals for assigned enablement functions
  • Consolidates results for assigned enablement function
  • Prepares bi-annual forecast
  • Reconciles balance sheets for assigned enablement function
  • Submits year-end reconciliations for assigned enablement function
  • Prepares file for CFO’s perusal and report on review notes

Processing of Journals

  • Posts to and updates the General Ledger for enablement functions
  • Processes journals at month end and at request of the CFO
  • Monitors and processes all journals for central functions (for example bonus provisions, leave pay provision, budget smoothing general journals, accruals, reallocation accounts and cost center journals, canteen charges, rent, print room, standard, adjusting, audit, and closing journal entries etc.)
  • Assists in resolving any discrepancies
  • Raises provisions for debtors where required
  • Adjusts and releases provisions accordingly
  • Assesses impact of proposed general ledger change
  • Reconciles sub ledger entries

FNB Credit Cards and Staff Debtors (Enablement Functions)

  • Prepares and uploads journals
  • Converts credit card allocation sheets to journals
  • Conducts staff debtors allocations and deductions

Fixed Asset Accounting Enablement Functions)

  • Reviews procurement invoices
  • Compiles a Fixed Asset Register (FAR)
  • Reviews any updates made to the FAR with the asset details and asset classes
  • Reviews any discrepancies resolved between the FAR and the GL
  • Pulls FAR reports from SAP
  • Identifies assets to be written off and writes off assets accordingly
  • Recognises proceeds from the sale of assets
  • Impairs assets when applicable
  • Accounts for depreciation and capitalisation of fixed assets
  • Verifies GIS FAR

General:

  • Reviews debtors
  • Performs period and year-end close activities
  • Performs closing adjustments and process allocations
  • Assists Senior Manager with queries in respect of financial issues related to their departments

Key Competencies required / Talent Standards Capabilities:

Technical Competencies

  • Technical expert in specific functional area
  • Demonstrated capability in interaction at all levels, briefing, analysis and project management skills
  • Experience in drafting and delivering presentations
  • Good report writing skills
  • Sound financial knowledge and understanding

Behavioural Competencies

  • Excellent communication skills, both written and verbal
  • Good interpersonal and relationship building skills
  • Mentorship and coaching ability with desire to develop self and others
  • Strong client delivery focus
  • Adaptable, managing change and ambiguity with ease
  • Focus on quality and risk
  • Problem solving ability
  • Good business acumen

Qualifications

Required
Degree (Hons in Finance / Accounting)
4 years in finance

Preferred
Postgraduate qualification in Finance / Accounting
5 years in finance


Additional Information
  • Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities.