The Assistant Project Accountant will be responsible to support the set up and monitoring of projects in IFS (including development, events & IT projects) to ensure project costs are allocated and reported correctly and that the final costs are capitalized or expensed appropriately in accordance with Sun Internationals standard accounting policies and procedures as defined by the Shared Services Centre, as well as in accordance with regulations and client expectations.
Education & Experience:
- This position is only open to South African Citizen
- 2-Year Diploma in Accounting
- Minimum of 2 years experience in project accounting
- Evaluating information
- Taking action
- Implementing Skills
- Managing Customer & Stakeholder relationships
- Emotional Maturity
- Analytical skills
- Attention to detail
- Working with information (agreements, laws, regulations, statistics)
- Project accounting
- IFRS rules
- Procurement processes
- Business and Financial Acumen
- IFS Projects and Finance modules an advantage Business and Financial Acumen
- IFS Fixed Assets module an advantage
- Written and verbal communication skills
- Proficiency in MS Office Suite
- Written and verbal communication skills
- Clerical administration
- Set up development projects in IFS and load the approved budgets
- Process invoices against relevant projects and allocate correctly to activities, Support procurement in processing purchase requisitions correctly
- Re-allocate project costs to the correct activities where relevant
- Bill project costs to relevant units as and when required
- Review WIP accounts daily, highlighting any concerns, to ensure accuracy and capitalize, allocate to inventory or expense as per policies and guidelines
- Create fixed asset IDs for all costs to be transferred to the fixed assets register (FAR)
- Maintain spreadsheets for all pre-opening costs for the development projects held in SIML/unit books for analysis and capitalization purposes
- Liaise with supply chain to receipt in goods/services for payment purposes
- Follow-through on advance deposits for development projects
- Close out project accounts upon project completion and capitalize or expense project costs to the correct accounts
- Compile project reports monthly and present actuals against budget (variances)
- Update forecasts monthly and present to project teams
- Investigate project expenses not billed
- Understand and be fully proficient in the application of all relevant SSC policies and procedures
- Keep management updated regarding progress, and where necessary escalate unresolved issues or challenges
- Respond to and resolve queries timeously with internal and external clients
- Develop and maintain sound working relationships with relevant departments, interacting with clients to provide professional service standards and solutions
- Collaborate with the SSC reporting teams in implementing project accounting objectives, and supporting the finance teams in reaching and exceeding their targets and objectives
- Contribute towards a culture of quality standards, ethics and governance
- Preference will be given to employees from the designated groups in line with the provisions of the Employment Equity Act, No. 55 of 1998, SISA internal recruitment policy as well as units employment equity plans.
- Please note that when applying for any position, reference checks will be completed and personal information as defined in the Protection of Personal Information Act 4 of 2013 will be processed. In applying for this position, applicants will be deemed to have consented to such processing as defined in the included Privacy Statement.
- Please also note that if you have not been contacted within 1 month after the closing date of this advertisement, please accept that your application has been unsuccessful.
