Job Purpose
The Specialist Statutory Reporting is responsible for preparing, reviewing, and ensuring the accuracy and compliance of statutory financial reports in accordance with SOCPA standards, regulatory requirements, applicable accounting frameworks, and organizational policies. The role supports financial reporting activities, regulatory submissions, audit requirements, and compliance initiatives while ensuring timely and accurate reporting to internal and external stakeholders.
Key Accountabilities
- Prepare statutory financial statements and disclosures in compliance with SOCPA standards and applicable regulatory requirements.
- Ensure the accuracy, completeness, and consistency of financial reports, supporting schedules, and disclosures.
- Coordinate monthly, quarterly, and annual statutory reporting activities and reporting timelines.
- Support external audit requirements by preparing audit schedules, reconciliations, and required supporting documentation.
- Review general ledger balances, journal entries, and financial data to ensure compliance with accounting standards and reporting requirements.
- Monitor changes in SOCPA regulations, accounting standards, and reporting requirements and assess their impact on financial reporting processes.
- Collaborate with Finance, Tax, Treasury, Internal Audit, Risk, and Compliance teams to ensure reporting accuracy and regulatory compliance.
- Support the preparation and submission of reports required by regulators, shareholders, and other external stakeholders.
- Participate in the implementation and enhancement of financial reporting controls, processes, and systems.
- Perform variance analysis and investigate discrepancies in reported financial data.
- Assist in the preparation of accounting position papers, technical accounting assessments, and regulatory reporting documentation.
- Support finance transformation and automation initiatives related to statutory reporting processes.
- Maintain comprehensive documentation for reporting processes, accounting treatments, and audit requirements.
Minimum Qualifications
- Bachelor's Degree in Accounting, Finance, or a related.
- SOCPA Certification (Mandatory).
- Additional professional certifications such as CPA, ACCA, CMA, or IFRS Certification.
Minimum Experience
- +4 years of experience in Financial Reporting, Statutory Reporting, External Audit, Financial Accounting, or related finance functions.
- Experience preparing financial statements in accordance with SOCPA standards and regulatory requirements.
- Experience working with external auditors and regulatory reporting requirements.
- Experience within large organizations, listed entities.
Job-Specific Skills
- Strong knowledge of SOCPA Accounting Standards and statutory reporting requirements.
- Good understanding of IFRS and local regulatory reporting frameworks.
- Financial Statement Preparation and Disclosure Reporting.
- General Ledger Accounting and Financial Close Processes.
- Financial Analysis and Reconciliation.
- Audit Coordination and Compliance Management.
- Regulatory Reporting and Corporate Governance Requirements.
- Technical Accounting Research and Documentation.
- Advanced Microsoft Excel and Financial Reporting Tools.
- ERP systems experience (SAP, Oracle, Microsoft Dynamics, or equivalent).
- Strong analytical and problem-solving skills.
- Excellent attention to detail and accuracy.
