Cost Accountant

Through our client-facing brands and our other specialist brands, Momentum Group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Group provides practical financial solutions for people, communities and businesses.

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

To own and deliver accurate purchase ledger, payment, banking, month- end and expense-accounting activities, while providing meaningful P&L and expense analysis for designated entities and stakeholders. The role combines strong transaction-processing and control ownership with selected management-accounting responsibilities, including journals, reconciliations, reporting, budgeting support, forecasting support and variance commentary.?

• BCom Accounting; BCom Cost and Management; BCom Finance.
• Or equivalent NQF 7.

• 3+ years in management accounting.
• Experience in financial services environment.
• Skills in Excel (Intermediate).
• Familiar with systems and tools like: IDU, JDE, Sun Systems, PowerBI, Clickview.

• Own the end-to-end purchase ledger process, including the accurate and timely processing and control of supplier invoices, intercompany invoices and payments, staff expenses and corporate card transactions.
• Ensure invoices and expenses are appropriately supported, coded, verified and authorised in line with applicable policies and delegated authority.
• Prepare payment runs, arrange approval and create or upload payments on the accounting and banking systems.
• Handle supplier queries, reconcile supplier statements and act as a key point of contact for internal and external finance queries.
• Maintain clear purchase ledger, payment and supplier-management procedures.

• Record bank payments and receipts accurately in the general ledger and maintain appropriate banking support and audit trails.
• Prepare bank reconciliations and investigate and resolve reconciling items promptly.
• Process and reconcile intercompany payments, salary recharges, expense transfers and other group recharges.
• Maintain control over foreign-exchange rates used in the accounting records and related reconciliations.

• Prepare and upload month-end journals, including but not limited to accruals, provisions, prepayments, expense allocations, corrections and recharges.
• Review journal allocations in accordance with policy, delegated authority and role-access controls.
• Correct inaccurate division/cost-centre and general-ledger allocations and ensure corrections are processed completely and accurately.
• Prepare and maintain balance-sheet and trial-balance reconciliations for areas and entities under ownership.
• Maintain and reconcile the fixed-assets register and recommend improvements to fixed-asset management.
• Support the month-end and year-end close, ensuring deadlines are met and issues are escalated appropriately.

• Own the monthly accounting process for designated legal entities or business areas, including journals, reconciliations, close activities and reporting.
• Prepare and analyse monthly P&L and expense reports, identify trends, anomalies, opportunities and risks, and provide clear variance commentary.
• Explain relationships and movements in financial reports and communicate implications to stakeholders to support decision-making.
• Prepare management and controller reporting packs for designated entities and areas.
• Perform expense and margin analysis, including actual versus budget, cost-centre and other relevant views.
• Support revenue verification, recognition and reconciliation processes where required.

• Support the annual expense budget and periodic forecast processes through preparation of schedules, historical trend analysis, validation of submissions and stakeholder engagement.
• Prepare accurate monthly expense reporting comparing actual results against budget and forecast, monitor variances and propose appropriate follow-up actions.
• Support…