Financial Accountant

Posted 5 Days Ago
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Kempton Park, Ekurhuleni, Gauteng, ZAF
In-Office
Mid level
Transportation
The Role
The Financial Accountant will manage financial reporting, maintain internal controls, and oversee accounts payable and receivable, ensuring compliance with accounting standards and regulations.
Summary Generated by Built In
Job Description

Financial Accountant

Location: Kempton Park, Gauteng
Industry: Manufacturing / Engineering / Transit
Employment Type: Permanent

About the Role

We are seeking a detail-oriented Financial Accountant to join our finance team in Johannesburg. This role is critical in ensuring accurate financial reporting under IFRS and US GAAP, strong internal controls aligned to SOX, and effective financial operations across general ledger, fixed assets, inventory, and compliance.

You will work closely with internal stakeholders, shared services teams, and auditors, playing a key role in month-end close, statutory reporting, and control assurance within a complex manufacturing environment.

Key Responsibilities

Financial Accounting & Month-End Close

  • Prepare and review monthly journal entries in line with IFRS and group accounting policies
  • Ensure accurate and timely month-end close, including opening and closing of accounting periods
  • Perform monthly balance sheet reconciliations and resolve reconciling items
  • Support preparation of financial information for management and statutory reporting

Accounts Receivable & Payable

  • Ensure AR and AP transactions are accurately processed and reconciled to the general ledger
  • Review and authorize payments in accordance with company approval limits
  • Process foreign currency revaluations and provisions for doubtful debts
  • Support expense claim processing and supplier payment accuracy

Fixed Assets & Inventory

  • Maintain the Fixed Asset Register and ensure all assets are capitalized, tagged, and depreciated correctly
  • Post monthly depreciation journals in line with IAS 16
  • Monitor inventory transactions and ensure valuation complies with IAS 2
  • Support periodic stock counts and investigation of inventory variances

Compliance, SOX & Audit

  • Execute and document control activities in line with SOX requirements
  • Support quarterly SOX testing and provide audit evidence
  • Assist with internal and external audit processes
  • Identify control gaps and support remediation actions

Intercompany & Stakeholder Collaboration

  • Perform intercompany reconciliations and confirmations
  • Collaborate with shared services teams (R2R, AR, AP) to ensure quality and accuracy
  • Engage with operational teams to resolve transactional issues impacting financial reporting

BBBEE & Local Statutory Support

  • Prepare quarterly BBBEE reconciliations per supplier
  • Support annual BBBEE verification by providing accurate spend data, NPAT forecasts, and supporting documentation

 

    Qualifications

    Qualifications & Experience

    • Bachelor’s degree in Finance, Accounting, or a 3-year Diploma in Accounting
    • 3–5 years’ experience in a financial accounting role, preferably within a manufacturing or industrial environment

    Additional Information

    What could you accomplish in a place that puts People First?

    At Wabtec, it’s not just about a job - it’s about the impact you make. When our people come together, we’re Expanding the Possible by continuously improving what we do and how we do it - for our clients and each other.

    If you’re ready to revolutionize how the world moves for future generations, Wabtec is the place for you.
     

    Who are we?

    Wabtec is a leading global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail sectors. Drawing on more than 150 years of experience, we are leading the way in safety, efficiency, reliability, innovation, and productivity. Whether it’s freight, transit, ports, logistics, mining, industrial, or marine, our expertise, technologies, and people together – are accelerating the future of transportation. With roots that date back to George Westinghouse, Thomas Edison, and Louis Faiveley, Wabtec has always built technologies and implemented solutions for a variety of sectors that are critical to meeting the needs of customers and governments alike.

    Our global team of about 30,000 employees worldwide delivers performance that moves the world forward. We’re lifelong learners, obsessed with better. Learn more at www.WabtecCorp.com.

    Culture powers us and the possibilities.

    We believe the best ideas come from a mix of experiences and backgrounds. At Wabtec, we strive every day to create a place where everyone belongs. We’re building a culture where leadership, inclusion and your unique perspective fuel progress.

    We’re proud to be an Equal Opportunity Employer. We welcome talent of all backgrounds, experiences, and identities, including race, gender, age, disability, veteran status and more.

    Need accommodation? Just let us know - we’ve got you.

    Skills Required

    • Bachelor's degree in Finance, Accounting, or a 3-year Diploma in Accounting
    • 3-5 years' experience in a financial accounting role, preferably within manufacturing or industrial
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    The Company
    HQ: Pittsburgh, PA
    10,001 Employees
    Year Founded: 1872

    What We Do

    Transportation solutions that move and improve the world At Wabtec, we help our customers overcome their toughest challenges by delivering rail and industrial solutions that improve safety, efficiency and productivity. Wabtec is a leading global provider of equipment, systems, digital solutions, and value-added services. Whether it's freight rail, transit, mining, industrial or marine, our expertise, technologies, and people - together - are accelerating the future of transportation.

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