Reference: DUR003003-SN-1 Our client, a national manufacturing concern, currently seeks an experienced Financial Accountant for their Durban Head Office, to take up responsibility for general finance support, including budgets, Forex, banking and cash management. Minimum Job Requirements: B.Com in Accounting essential. Min. 4 years' experience in Finance / Accounting. Key Performance Areas: Report to the Business Unit Finance Controller: Financial Strategy: Participate in organisational strategy management from a financial management perspective. General Financial: Provide financial analysis and support to management and all operational areas. Maintain and update accounting system. Ensure compliance with internal control. Prepare financial reports and returns. Generate information and reports for internal and external use. Review and action balance sheet account variances. Budget / Forecast: Prepare operational budget and load budget on the system. Co-ordinate and consolidate all budgets and forecasts. Prepare operational forecast on the system. Financial Reporting & General Ledger: Prepare financial reports and returns. Analyse and interpret finance reports and statistical data. Investigate and action financial variances (budget/forecast). Compile the weekly flash result and analyse variances. Prepare, review and circulate monthly financial pack. Prepare financial reports and returns. Prepare monthly management accounts and intercompany reporting for Group submission. Monthly Capex reporting for Group submission. Compile weekly sales reports and balance sheet account reconciliation. Investigate and action balance sheet account variances. Prepare and post journal entries. Manage subsystem vs general ledger balancing and action variances. Audits and Financial Period-End Processes: Prepare year-end statutory audit (external and internal) in line with the consolidates audit plan. Prepare ledger balance and an initial balance including all reconciliations, balance sheet accounts etc. Prepare year-end reporting accounting and tax packs. Follow up and action audit finding. Creditors, Banking & Cash management: Verify weekly bank transfers (creditor and wages) Review and authorise creditors reconciliations, exception reports and payment. Monitor daily cash positions and cash flows to ensure settlement and maximise performance. Assist with cash management function. Lease Management Update the lease management system for contract additions, terminations, annual contract anniversary and interest rate changes. Forex: Manage Forex risk and forex reporting. Review Forex forecasts. Debtors/Creditors: Maintain and update the tooling account and reconciliation. Review and analyse the debtors age analysis, ensuring timely payments from customer. Support with system automation in the AP function for staff training and resolution. Support with control implementation to support the self-billing system. Capex & Fixed Assets: Consolidate Capex reports. Calculate ROI on proposed Capex. Complete Capex additions /disposal / transfer applications. Monitor and report Capex monthly spend vs budget and report on variances. Maintain and update the fixed assets register. Review useful life and residual value of fixed assets analysis. Maintain the Capex register for authorised Capex forms. Statutory Returns: Prepare/review business tax returns (VAT, UIF, PAYE, WCA). Comply with value -added tax administration. Review statistics returns. Support process of Provisional/Income Tax returns. Apply Now

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Financial Accountant Durban South - Durban

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