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3 Dec 2020

Permanent Job Vacancy for Accountant Costing

Rand Water – Posted by JobLink24 Johannesburg South, Gauteng, South Africa

Job Description

Job Vacancy for Accountant Costing

Location: Gauteng, Glenvista

Job Type: Permanent

Company: Rand Water

Job Title: Accountant Costing

Closing Date: 2020/12/07

Reference Number: RAN201124-3


Summary of the job 

Rand Water is looking for an Accountant Costing for the management of Rand Water’s financial transactions, by producing accounting reports and reconciling general ledger accounts, ensuring the integrity of the entity’s trail balance through business partnering, driving standardization and review of end to end business processes.

Key Requirements   

  • Must have B.Com or equivalent financial qualification
  • Must have minimum of 3-5 years working experience in an accounting environment with similar responsibilities

Primary Duties         

  • To verify and analysis of all general ledger postings
  • To maintain Master data and change control activities
  • Journals (ad-hoc, standard recurring journals, provisions and accruals)
  • To reconcile General Ledger accounts
  • Monthly management accounts reporting (preliminary and detailed)
  • Implementation and adherence to policies, processes and procedures to ensure compliance to all relevant and applicable financial and regulatory requirements
  • Responsible for ensuring that significant transactions in the Trail Balance are valid and are recorded in the business unit(s) accounts accurately and in a timely manner, compliant with the financial business management memorandum
  • Managing and solving Trail Balance related problems that could result in a breakdown of significant financial cost incurred according to the stipulated timeframe
  • To manage projects cost settlements ensuring all projects are settled accurately
  • To ensure compliance to IFRS, PFMA, VAT, National Treasury and related regulatory legislations
  • To manage junior members of staff in line with company policies, procedures and ethos;
  • To manage sectional audits and ensure audit readiness
  • To provide management comments on audit queries / findings
  • To implement policies and procedures to improve controls within the department
  • In-depth knowledge of identification of risks and implementation of internal controls within the general accounting environment
  • Responsible for managing sections expenditure against budget
  • To implement initiatives that promote Business partnering through continuous engagement with relevant end user departments in an attempt to understand the value add requirements of business.
  • To assist with tracking actual expenditure to budget and previous trends.


  • Must have sound knowledge of the Accounting environment
  • Must have knowledge of Legislative, Statutory and Regulatory Frameworks (e.g. IFRS, PFMA, King III etc.)
  • Knowledge of monitoring and management in Finance environment
  • Must have advanced Computer literacy(MS Office Suite, SAP, other accounting systems)
  • Must have sound knowledge of SAP FI systems and integration with other modules


  • Must have good interpersonal skills
  • Must have excellent communication (written & verbal) skills
  • Ability to interact at all levels
  • Must have problem solving or troubleshooting
  • Negotiation skills
  • Report Writing skills
  • Must have ability to operate within a team


  • Integrity and honesty
  • Accuracy & Attention to detail
  • Diligence
  • Time Management
  • Ability to work with minimum supervision
  • Must be deadline orientated
  • Must be analytical thinker
  • Must show confidentiality, Integrity & Honesty
  • Must have ability to work under pressure /resilient
  • Must be customer focus
  • Adaptable
  • Empathy and diplomacy



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