Financial Accountant

1 month ago

Johannesburg, South Africa Network Contracting Full time


Job Description:

A client based in the northern suburbs is urgently looking for a detail-oriented, efficient and self-motivated to join a motivated and energetic team of finance specialists on a 3-month contract basis. The Financial Accountant is responsible for maintaining the companys financial records, ensuring accurate reporting, and compliance with relevant regulations.

Key Responsibilities:
Full Financial Function
  • Prepare and maintain accurate financial records, ensuring compliance with accounting principles and standards.
  • Conduct monthly reconciliations for all balance sheet accounts.
  • Manage and process journal entries, accruals, and adjustments.
Cash Flow Management
  • Monitor and manage daily cash flow requirements to ensure sufficient liquidity.
  • Prepare and analyze weekly and monthly cash flow forecasts.
Budgeting and Forecasting
  • Assist in the preparation of annual budgets and quarterly forecasts.
  • Compare actual financial performance against budgets and forecasts, providing variance analysis and actionable insights.
Payment Processing
  • Process payments accurately and timely through various banking portals.
  • Ensure compliance with payment authorization protocols and company policies.
  • Maintain accurate records of all payment transactions.
Financial Reporting
  • Prepare monthly management accounts and financial statements.
  • Assist with the preparation of year-end audit files and liaise with auditors during the audit process.
Systems and Software Management
  • Use Xero for financial transactions, reporting, and reconciliations.
  • Optimize usage of Xero by automating processes and maintaining system integrity.
Compliance and Risk Management
  • Ensure adherence to tax regulations, including VAT submissions and statutory compliance.
  • Identify and mitigate financial risks related to operational and payment processes.


As you will be required to hit the ground running extensive experience is essential.

The requirements:

Qualification:
  • Completed a Bachelor's Degree in Accounting, Finance, or a related field


Experience:
  • Minimum of 3 working experience in a similar role.
  • Proficiency in processing payments through various banking platforms.
  • Hands-on experience with Xero accounting software is essential.


Skills Required:
  • Strong analytical and problem-solving abilities.
  • High attention to detail and accuracy in financial reporting.
  • Excellent organizational and time management skills.
  • Proficient in Microsoft Office Suite, particularly Excel.
  • Ability to communicate effectively with stakeholders at all levels.


If you are interested in this opportunity, please apply directly. For more finance jobs, please visit

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