Website Rand Water
Rand Water previously known as the Rand Water Board is a South African water utility that supplies potable water to the Gauteng province and other areas of the country and is the largest water utility in Africa. The water is drawn from numerous sources and is purified and supplied to industry, minin… read moreg and local municipalities and is also involved in sanitation of waste water. After the peace agreement between the British Government and the Boer Republics on 31 May 1902, the British, who gained control of Johannesburg realised that it was imperative to investigate the water supply and sanitation services. On 8 May 1903 The Rand Water Board was officially established by the Rand Water Board Incorporation Ordinance No. 32 of May 1903 to supply water to the entire area. The Rand Water Board was to include members of the Johannesburg Town Council, The Chamber of Mines, and other existing local authorities in the Witwatersrand. In 1904 Rand Water was required to take over the undertakings of the companies at that time supplying or potentially capable of supplying water to the Witwatersrand. Rand Water was to supply water in bulk only. Water Supply 1905 It was only in 1905 that Rand Water commenced with full operations. By 1906 the annual daily consumption of water supplied by Rand Water was about 11 Ml/d and it has been growing ever since. In fact Rand Water’s major challenge to date has been to augment its water sources to meet the growing demand. 522 Impala Road Glenvista 2058 South Africa
Job Advert Summary
Rand Water is looking for a dynamic and technically competent Group Reporting Accountant to join its Finance Division. The ideal candidate will be responsible for delivering timely and accurate consolidated financial statements across the Group and its entities. This role requires strong technical accounting knowledge, compliance with International Financial Reporting Standards (IFRS), PFMA, VAT legislation, National Treasury reporting frameworks, and the ability to liaise with internal and external auditors. The successful candidate must have excellent attention to detail, experience with SAP and CaseWare, and bring a collaborative approach to partnering with business units and auditors.
Minimum Requirements
A Degree in Accounting or Finance (NQF 7)
Completed SAICA or SAIPA articles
Professional registration (e.g., CA(SA), PA(SA)) is an advantage
Minimum 3–5 years of experience in a Financial Reporting environment
Proficiency in Microsoft Office Suite
SAP (FI Module) experience; Caseware exposure and experience with National treasury templates is advantageous
Solid understanding of PFMA, VAT Act, IFRS, and NT Reporting Framework
Primary Duties
Preparation of separate and consolidated of financial statements
Prepare separate and consolidated financial statements in accordance with IFRS, PFMA, and other applicable regulations, including inputs to the Integrated Annual Report.
Ensure timely submission of accurate financial reports to stakeholders and regulatory authorities.
Implement disclosure enhancements based on JSE Proactive Monitoring and IFRS updates.
Trial Balance Management and Review
Maintain accuracy and integrity of trial balance for the organisation and subsidiaries.
Review and approve SAP Trial Balance structural changes.
Financial Compliance and Internal Controls
Ensure adherence to the Accounting Policy Manual and internal control procedures.
Assess and update compliance processes to reflect regulatory changes.
Business Partnering and Financial Advisory
Partner with business units to provide accounting guidance and support decision-making.
Respond to complex financial queries with IFRS-aligned solutions.
Budgeting and Expenditure Monitoring
Participate in budgeting processes and monitor performance against the budget.
Analyse and explain budget variances.
Audit Management and Assurance Support
Lead audit readiness initiatives and support both internal and external audits.
Coordinate audit documentation and responses to findings.
Strategic and Operational Reporting Projects
Drive financial reporting improvement initiatives and IFRS implementations.
Align reporting outcomes with Group Finance strategy.
Policy Management and Continuous Improvement
Update and communicate changes to the Accounting Policy Manual.
Ensure consistent application of accounting policies across all units.
Risk Management and Governance
Identify, assess, and report financial reporting risks.
Implement mitigation actions and monitor effectiveness.
Documentation and Records Management
Maintain audit-ready electronic and manual records.
Ensure compliance with record retention policies.
Knowledge
In-depth knowledge of International Financial Reporting Standards (IFRS)
Understanding of PFMA, VAT legislation, and Treasury regulations
Knowledge of governance, policies, and internal controls
Exposure to group consolidation, reporting and JSE Proactive Monitoring
Strong working knowledge of CaseWare software
SAP FI Module and integration experience
Skills
Strong analytical and problem-solving abilities
High-level analytical and problem-solving skills
Excellent attention to detail
Advanced Excel and Financial Systems Capability
Excellent communication skills
Strong time management and ability to priorities
Ability to apply financial standards and policies
Ability to explain complex standards to non-financial users
Attitude
Integrity and ethical conduct
Accountability and reliability
Customer-focused
Adaptable and innovative
Team-oriented
Proactive and resilient
Flexible and open to change
Committed to excellence and professional growth
Team player with a positive and proactive approach
Deadline:23rd September,2025
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Apply via company website ( http://www.randwater.co.za ) or