Our client in the Financial Services industry is currently looking for a
Financial Controller/Accountant, in Bryanston.
Responsibilities:- Capturing of monthly general journals.
- Reconciliation of ledger accounts.
- Analysis of monthly variances.
- Processing payroll journals.
- Management of revenue and expense accruals/provisions.
- Processing of fair value adjustments on investments.
- Recovery of expenses.
- Loan amortizations and capturing of interest.
- Revaluation of foreign currency translations.
- Review of intercompany loans and balancing thereof.
- Fee calculations.
- Preparation and review of monthly management accounts i.e., income statement, balance sheet, trial balance and relevant notes.
- Reporting on monthly management accounts.
- Management of Debtors Age Analysis.
- Raising and collection of all revenue from various streams.
- Implementing revenue collection process.
- Providing weekly status updates on customer age analysis and collections.
- Forecasting cash inflow from debtors.
- Monthly Revenue Billing.
- Capturing of high volumes of sales invoices in various foreign currencies, ensuring completeness and accuracy of the sales.
- Issuing of customer statements.
- Verification of revenue being raised.
- Performing a variance analysis and reporting on revenue movement.
- Allocation of revenue to the correct period (income received in advance, deferred revenue)
- Debtors Collection:
- Reporting on weekly debtors age analysis.
- Implementation and maintenance of an efficient and effective collection process.
- Following up on outstanding debtors.
- Dealing with customer queries/internal queries.
- Building strong customer relationships.
- Forecasting cash inflow from debtors.
- Reconciliations and Intergroup Transactions.
- Liaising with Finance Manager to ensure the correct allocations of cashbooks processed.
- Weekly customer reconciliations.
- Confirmation of debtors balances on a quarterly basis.
- Output VAT to revenue reconciliation.
- Working with the Subsidaries finance team on rebates and intercompany charges.
- Assisting with cost allocation between the two businesses.
- Management of Creditors Age Analysis.
- Overseeing the raising and payment of all supplier invoices.
- Overseeing supplier payment process.
- Overseeing weekly status updates on supplier age analysis and payments.
- Overseeing forecast cash outflows from suppliers.
- External Audit:
- Preparation of necessary documents required for the external audit.
- Facilitation of the audit process in collaboration with the rest of the finance department.
- Attending to all audit queries.
- Statutory Reporting.
- Recon submission and payment of the following:
- VAT.
- Income tax.
- Provisional tax.
- IT14SD and other SARS queries FSCA reporting of the following:
- Liquidity calculation.
- Capital adequacy requirement.
- Assets under management (AUM) reporting.
- Profit share calculation.
- Calculation of profit share.
- Monthly Payroll.
- Processing of monthly payroll payments and bi-annual profit share.
- Implementing and monitoring internal controls in within the finance function and the larger team.
- Assisting with consulting-based accounting work for affiliated companies as required by the Financial and Operations Manager.
- Reviewing fund accounting on various internal products.
- Perform adhoc tasks delegated by the Financial and Operations Manager.
Requirements:- Postgraduate qualification in Accounting or relevant qualification.
- Preference for someone registered with a professional accounting body (SAICA, CIMA, SAIPA) or has FS experience.
- 5 years experience in a similar role in the Financial Services industry.
- Proficiency in Xero will be preferred.
- High proficiency in the Microsoft suite (in particular Excel)
- Ability to showcase taking ownership and accountability.
- Overall positive attitude, curious mind and willingness to put up their hand to help the team.
Remuneration:
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