Accountant

1 week ago


Johannesburg, Gauteng, South Africa Jobs 4 All Full time

Accountant

Location: Roodepoort

We are in need of an accountant who will take charge of the complete accounting function for our client's business.

Inventory:

  • Capture stock figures on a monthly basis
  • Assist in finding ways to improve inventory control procedures
  • Utilize software to monitor demand and document inventory characteristics
  • Collaborate with warehouse staff and other team members to ensure business targets are achieved
  • Report stock levels and issues to upper management

The inventory management skill set required includes:

  • Proven experience as an inventory manager or in a similar role
  • Familiarity with inventory management software such as ERP
  • Ability to accurately track inventory and generate reports
  • Analytical thinking with strong mathematical abilities

Fixed Assets:

  • Maintain precise control over fixed assets
  • Keep a register of fixed assets up to date
  • Conduct regular fixed asset counts
  • Establish and oversee a system of controls, procedures, and forms for fixed asset recording
  • Suggest any necessary updates to accounting policies related to fixed assets
  • Assign barcodes to fixed assets
  • Record acquisitions and disposals of fixed assets in the accounting system
  • Allocate costs to relevant development projects

Intercompany Accounting:

  • Reconcile intercompany accounts
  • Analyze and coordinate with intercompany counterparts to resolve discrepancies found during reconciliation

Revenue and Receivables:

  • Conduct company accounting tasks to determine revenue and expenses
  • Collaborate with the accounting team for financial planning, analysis, and reporting activities
  • Forecast monthly revenue and perform revenue analysis
  • Create weekly revenue reports for senior management
  • Oversee financial transactions and process invoices promptly
  • Reconcile accounts receivable and monitor clients' payments
  • Handle financial transactions related to company revenue, review contracts, verify billing details, and ensure accurate revenue accounting

VAT & Tax:

  • Reconcile VAT accounts and perform VAT analysis
  • Complete VAT-related accounting activities that impact VAT returns
  • Ensure timely upload of Periodic VAT journals to the General Ledger
  • Prepare and submit VAT returns monthly
  • Handle tax payments, estimate and track tax returns, and prepare tax reports

Bank & Cash:

  • Process cash book postings and reconcile bank statements on Pastel
  • Reconcile bank statements and cash book
  • Report petty cash reconciliations on a weekly basis
  • Identify opportunities to maximize cash flow

Reporting:

  • Maintain Income Statement, Balance Sheet, and Trial Balance
  • Provide complete management accounts to the CEO by the 15th of each month
  • Prepare month-end and year-end reports
  • Manage General Ledger accounts monthly
  • Clear suspense accounts monthly
  • Reconcile Control accounts
  • Input General Ledger Journals
  • Create an updated debtors report for sales representatives and CEO meetings

Purchase & Payables:

  • Ensure correct and timely application of discounts
  • Review creditors reconciliations for payment processing
  • Input supplier invoices daily
  • Ensure proper authorization and filing of supporting documents post-payment

Qualifications:

  • Degree in Accounting
  • 5 years' experience in a Manufacturing environment
  • Proficient in accounting practices
  • Excellent communication and interpersonal skills
  • High level of accuracy
  • Ability to identify discrepancies in records
  • Diligent with excellent organizational skills

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