ACCOUNTANT

Join Our Team at IIE Rosebank International

The Independent Institute of Education, Rosebank International, is part of the ADvTECH Group, Africa's leading private education provider. From our humble beginning in 1909, Rosebank College has grown to a student population of more than 45,000 students nationwide.

As we continue to expand and innovate, we invite passionate professionals to become part of our dynamic team. If you are driven by the desire to make a meaningful difference in students' lives and wish to contribute to an institution that values academic excellence, connection, and student success, we would love to hear from you.

Join us on our journey of shaping futures!

Job Purpose

The Revenue Accountant is responsible for ensuring that billing-related data between internal financial systems remains aligned and accurate. The role focuses on identifying, analysing, and resolving billing variances in collaboration with relevant stakeholders. A key objective is to ensure that by 30 November, only immaterial variances remain outstanding.

Additionally, the Revenue Accountant will be accountable for analysing credit balances in debtors’ accounts, identifying the underlying reasons, and preparing clear, detailed schedules for both internal stakeholders and external auditors

Duties & Responsibilities

Revenue reconciliation

• Complete the reconciliation of revenue between the D365 and SIMs system.
• Timeously raising issues with the respective departments
• Processing journals where necessary to correct the variances after proper investigations.
• Support month-end and year-end close processes by ensuring revenue and billing data integrity.
• Assist in continuous process improvement initiatives to prevent recurring variances and enhance reconciliation efficiency.
• Ensure that by 30 November, all material variances are resolved, and only immaterial variances remain

Unallocated deposits account

• Actively reconciling this account to ensure that it reflects genuine receipts that are not allocated due to incomplete reference number.
• Proactively engaging with relevant departments or stakeholders to ensure transactions allocated here are kept to the minimal.

Credit balance analysis on Debtors accounts

• Actively reconciling accounts in credit and proactively resolving the credit balance by engaging with the relevant departments.
• Checks to include billing is accurate and receipts on accounts have been correctly allocated.
• Prepare and maintain comprehensive credit balance schedules for internal review and for submission to external auditors or other stakeholders.

Payment plan changes, no show analysis and billing adjustments.

• Ensure that after registration and cash payment deadline, the students accounts are analyzed and the payment plans updated accordingly.
• Complete the no show analysis and collaborate with the individual campuses on ensuring modules are dropped, cancellation penalties applied.
• Review and approve proposed billing adjustments for accuracy and validity.

Minimum Requirements

Education (Formal Qualification Required)

• NQF Level 7 Qualification in Finance (BCom Accounting) (Minimum)
• NQF Level 8 Qualification in Finance (BCom Accounting Honours) Advantageous

Experience

• Minimum 5 years experience as an accountant

Advantageous

• Completed 3-year SAICA articles in a large audit firm

Key Competencies

• Ability to manage time effectively.
• IFRS
• MS proficiency
• Attention to detail.
• honesty & Integrity
• Proven track record of people management ability (non-negotiable)
• Ability to effectively cope with change.
• Deadline-orientated and can work well under pressure.
• Be able to work in a team environment.
• Effective communication skills

Rosebank International is an equal opportunities employer however preference will be given to EE and South African candidates.

If you have not received feedback within 2 (Two) weeks, consider your application unsuccessful.