As a Financial Accountant, you will be responsible for statutory financial reporting and tax compliance for Durban-managed business units/trial balances.
Day-to-Day Functions:
Accounts Receivable:
- Review debtors’ reconciliations and invoice processing.
- Monitor credit limits, CGIC activity, dispute resolution, and credit control process in conjunction with the AR Controller.
- Review maintenance of AR sub-ledger.
- Review report for weekly debtors meeting.
- Review late payment interest calculations.
Accounts Payable:
- Review and sign off coding and authorization of creditor invoices.
- Review creditor reconciliations and payment processing.
- Supervise the research and resolution of creditor queries.
- Review maintenance of AP sub-ledger.
- Monitor accrual/prepaid accounts (GL maintenance).
- Review and approve new business partners.
Cash Management / Treasury:
- Review and authorize FEC and supplier payments (ZAR and Foreign).
- Liaise with the treasury manager to monitor activities and accounting treatment of currency hedging and other activities.
General:
- Daily liaison and coordination of group activities and objectives.
Month-End:
- Prepare relevant month-end journals covering all non-trade-related trial balance items.
- Prepare and maintain fixed assets register.
- Prepare calculations for customer brokerage accounts.
- ASC740/Fin48 accrual and quarterly submission.
- SG&A analysis.
- GL reconciliations, ensuring all balances are adequately substantiated.
- Settlement of intercompany account balances.
- Review AR/AP sub-ledgers reconciliations, recharge accounts, CGIC submission, and bank reconciliations.
- Taxation and Statutory Returns.
- Preparation of the local entity monthly management accounts.
- Preparation of local entity AFS.
- Taxation (income tax, VAT, and PAYE) and Statutory Returns.
- Reserve Bank returns.
- SATS SA Financial Returns.
- Preparation of transfer pricing document.
- Compliance.
- Development and management of controls for good corporate governance and Sarbanes-Oxley compliance.
- Liaise with internal and external audit.
- Liaise with bankers.
General:
- Assist with preparation of annual budget.
- Ad hoc projects.
Education & Experience:
- Matric.
- BCom degree, with accounting and 5-10 years’ experience as an Accountant.
- CA (SA) qualification preferable.
- Solid accounting background with a sound understanding of accounting systems.
- Advanced Excel is essential.
- Sound theoretical and practical knowledge of legislation applicable to financial management, including Companies Act, Income Tax Act, and IFRS.
- Advanced degree is advantageous.
- Demonstrated proficiency in technical analysis tools and platforms.
- Advanced user of Excel and PowerBI.
- Computer Literacy: Familiarity with trading software, spreadsheets, and financial modeling tools.
Working Environment/Physical Demands:
- Ability to thrive in a fast-paced environment, multitask effectively, and prioritize tasks to meet deadlines.
Core Competencies:
- Engage with various stakeholders, including shareholders, banking partners, suppliers, customers, operations, and sales team members.
- Commercially astute and perceptive.
- Target driven and ambitious.
- Detail-oriented.
- Strong commitment to integrity, professionalism, and ethical conduct.
- Collaboration.
- Strong analytical and qualitative skills.
- Drives engagement.
- Problem-solving and conflict resolution abilities.
- Demonstrates self-awareness.
- Drives efficiencies.
- Accuracy and attention to detail is essential.
- Manages complexity.
- Project management.
- Cultivates innovation.
- Situational adaptability.
- Systems focused.
- Optimizes business processes.
- Self-driven and motivated.
- Analytical mindset, at ease with numbers and proven negotiation skills.
- Possesses a layer of finesse and tact to represent the company in front of customers.
If you meet the qualifications and are ready to join a dynamic team, we encourage you to apply for this exciting opportunity.
Apply Now