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General Electric Statutory Leader - South Africa in Johannesburg, South Africa

Job Description Summary

This role will work directly with the regional SSA Statutory & Controllership teams to prepare and file the statutory financial statements to support the annual tax returns filed with the local authorities following the rigorous project planning, execution & debrief process. Your Scope will mainly focus on South Africa and Angola.

Job Description

Essential Responsibilities

  • Obtain, interpret and provide country requirements relating to statutory accounting and reporting to business finance managers.

  • Hold planning meetings with the statutory auditors to agree on the audit approach, fees, schedule audit calendar and the prepared by client list.

  • Hold planning meetings with the internal process stakeholders (business finance managers/controllers & tax directors/controllers) to agree on the audit requirements and key hand over dates.

  • Compile and communicate the statutory and tax required documentation & information that is required to support the local statutory & tax filing to all the process stakeholders.

  • Review & sign-off on required documentation & information provided by business finance teams.

  • Perform US GAAP to local GAAP (G2S) reconciliation for all business management entities reported under the legal entity in the Statutory and Tax Information Reporting tool (STIR).

  • Report out the G2S findings to the Statutory Controllership Leader, Business Finance Managers, Business Tax Controllers and Business Controllers.

  • Prepare the entity level and management entity financial statements in compliance with the local reporting requirements.

  • Manage statutory audit field work and monitor the execution in accordance with the agreed audit calendar.

  • File the Statutory financial statements in accordance with the local requirements

  • Attend operational pulsing meetings throughout the entire process to update all the process stakeholders on milestones achieved, challenges and next steps.

  • Perform the annual reconciliations between the VAT and statutory sales for the legal entity & management entities and identify the corrective actions.

  • Hold de-brief meetings with all the statutory & tax process stakeholders and identify process improvement areas as well as any corrective actions for future filing periods.

  • Ownership of e-Compliance obligations for the entities and responsibility for ensuring eCompliance is accurate and up-to-date.

Qualifications/Requirements

  • Must be Qualified Chartered Accountant -CA

  • 2+ years of experience with Statutory to GAAP, Statutory/Tax filings, analyzing data preferably at Big4 or at companies using long term contracts.

  • Worked on Financial reporting

  • Excellent knowledge of country requirements relating to statutory accounting and reporting & extensive experience in reporting under Local GAAP.

  • Working knowledge of US GAAP requirements & excellent Knowledge of IFRS.

  • Ability to identify areas which are subject to G2S differences and apply them on a US GAAP Trial Balance and documents supporting the preparation of the Statutory Trial Balance under the local jurisdiction

  • Comprehensive understanding on the local documentation requirements.

  • Strong interpersonal and communication skills - report out the key achievements, challenges and next steps on a weekly basis to the regional leadership team

  • Self-starter with a commitment to meet deadlines - strong engagement to perform activities identified in the project plan and lead to completion on time and meet the Key Milestone deadlines of the project

  • Strong attention to details, experience with data analytics

  • Identify risk areas which can impact the timely and accurate completion of the key milestones and use the appropriate communication channels provided by the project framework to escalate issues

  • Escalate issues on a timely manner using the Stat and Tax Compliance tracker

  • Experience with ERP and reporting systems

  • Fluent English

Desired Characteristics

  • Must be Qualified Chartered Accountant- CA

  • Candidates from Big 4's are preferred

  • Hands on Experience in working on financial reporting

  • Having an experience in Tax is bonus not mandatory

  • Service excellence and strong customer focus

  • Ability to priorities multi-task workload and meet tight deadlines

  • High energy, self-starter, independent worker with a proven track record in driving change

  • Team player / team builder

  • Global mindset and global career interest

Additional Information

Relocation Assistance Provided: No

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