Snr Accountant: Month end Close, CWIP Re

body { font-family: "DM Sans", sans-serif; font-size: 16px; font-weight: 300; line-height: 1.625rem; color: #2a302f; background-color: #fff; } .title{ font-size: 24px; font-weight: bold; color: #FF0101; padding: 15px; text-align: center; } .snapshot { padding-left: 15px; color: #FF0101; } .snapshot td { padding-right: 30px; border-bottom: 1px solid #ddd; } .sectionheader { padding-left: 15px; font-size: 20px; font-weight: bold; padding-top: 30px; color: #FF0101; } .sectionbody { padding-left: 15px; font-size: 16px; font-weight: normal; color: #202426; } .recruiterdetails { padding-top: 30px; padding-left: 15px; font-size: 16px; font-weight: normal; color: #202426; } .highlights { font-size: 16px; font-weight: normal; color: #FF0101; } Snr Accountant: Month end Close, CWIP Re

Operating Division: Transnet Rail Infrastructure Manager (TRIM)

Employee Group: Permanent

Department: TR-FIN-Month end Close CWIP-PKT

Location: Parktown

Reporting To: General Manager: Finance

Grade: D

Reference: req5674

The closing date is on 26/08/2026. It is the responsibility of the applicant to ensure that HR has received the application before the closing date of the advertisement.

Position Purpose

The purpose of this role is to provide financial and governance support to the Capital Programme office ensuring that financial controls are adhered to during the life cycle of capital projects by ensuring • That all corporate governance processes are in place, accurate cashflow forecasting and Capital Work In progress (CWIP) is accurately accounted for in terms of IFRS and Transnet policies. • The optimisation of inter OD (TE) Capital Investment. • That suspense accounts are properly managed, valid and accurate accruals are raised and project reporting is accurate and complete. • The timely closure of the SAP PS module and AUC processes.

Position Outputs

• Provide accurate financial reporting in terms of IFRS and Group policies • Prepare technical opinions on correct accounting treatment for complex transactions. • Calculating and approving the capitalization of borrowing cost and labour cost; CWIP backlog and associated depreciation; prepayments; and critical inputs into the DCF model. • Liaise with internal and external auditors and resolve audit findings. • Prepare Capital spend and variance analysis reports. • Approve intercompany confirmations and resolve disputes with TE. • Management of all Capital general ledger accounts and the settlement of completed assets. • Financial management of loco contracts (Payments; Accruals; Delay penalties; Guarantees – APGs • Analyse total CWIP projects in progress and provide for impairments • Manage the team, identify and implement controls and ensure all deliverables are submitted timeously.

Qualifications and Experience

• BCom (Hons) Accounting or degree in Financial Management and a postgraduate degree/Diploma in Accounting. • A minimum of 8-10 years' experience in Finance Asset management, Capital Budgeting or Capital Work in Progress Environment of which 5 years must be at management level. • Knowledge and experience in SAP System –PS, PM, MM, FI and AA Modules • Financial Accounting, Auditing & Management Accounting experience • Financial acumen Standard Job Requirements • Driver’s license code 08 • Travel as required and approved.

Competencies

strategy & Sustainability • Strategic Thinking Formulates strategies and business plans to achieve the overall organisation’s direction •Commercial Awareness Keeps abreast of internal and external factors that can impact the business • Innovating Generates new ideas or solutions by thinking "outside of the box"; reviews current processes or systems and identifies ways to optimise them Inspirational Leadership • Inspiring People Leads by example. Inspires, motivates and empowers team members to do their best • Managing Talent Provides clear direction and sets performance standards/requirements for the team • Leading Change Leads and directs change initiatives • Embracing Diversity Leads and promotes equal opportunity and has an appreciation for diversity in the workplace. Business Performance and Delivery • Lead Business Performance Leads the business to be more efficient and effective • Strategic Decision Making Is decisive and takes full accountability for decisions • Business Acumen Understands and deals with various business situation using obtained knowledge and a broad spectrum of expertise • Analysing Thinks in a systemic way but is open to new approaches Relationship Management •Communicating Effectively Communicates the business strategy and objectives in a clear and manner • Collaborating and Networking Build wide and effective relationships with people inside and outside of the organisation to help achieve the organisations goals and objectives • Service Orientated Leads by example; strives for a customer centric culture where everyone acts with the customer in mind • Persuading and influencing Is able to persuade and influence those around him/her for the benefit of achieving the organisation/department’s goals and objectives. Corporate Governance & Compliance • Leading Governance Always work in the best interest of the organisation and aligns business practices to the ethical obligations and good corporate governance • Leading Safety Practice Identifies areas of risks and implements corrective actions to mitigate the impact of risks to ensure overall sustainability • Leading Safety Practice Leads safety practices by communicating, enforcing and supporting all safety standards and activities Leading Risk Management• Personal Mastery •Learning and Applying Expertise •Resilience • Emotional Intelligence• Vigour & Personal Drive

Equity Statement

Preference will be given to suitably qualified Applicants who are members of the designated groups in line with the Employment Equity Plan and Targets of the Organisation/Operating Division.

Disclaimer

If you have not heard from Transnet within 90 days, please consider your application as unsuccessful.

Transnet, its employees or representatives never ask for a fee from job seekers. Any such requests are fraudulent. Please report any suspicious activities in this regard to the Transnet anti-fraud line on 0800 003 056 or email reportit@ethicshelpdesk.com