Financial Accountant

2 months ago

Johannesburg, South Africa Network Recruitment Full time
Job & Company Descriptions:
A retail company is currently seeking a Financial Accountant to join their finance team. As a Financial Accountant , you will play a pivotal role in overseeing the financial health of the organisation.

As a Financial Accountant you will responsible for the following:
  • Maintain accurate and up-to-date financial records in accordance with local accounting standards, regulations, and company policies.
  • Oversee the general ledger, ensuring the proper classification of financial transactions.
  • Reconcile accounts and promptly resolve any discrepancies.
  • Maintain the chart of accounts and recommend improvements as needed.
  • Prepare management accounts and annual financial statements, including balance sheets, income statements, and cash flow statements.
  • Perform month-end and year-end closing procedures, ensuring timely and accurate financial reporting.
  • Reconcile bank statements, accounts receivable, and accounts payable to ensure the accuracy and completeness of financial data.
  • Monitor and analyze financial performance against budgets, forecasts, and key performance indicators (KPIs), providing insights and recommendations to management.
  • Assist in the preparation of budgets, forecasts, and financial projections to support decision-making and planning.
  • Collaborate with internal stakeholders, including finance team members and department heads, to streamline financial processes and enhance efficiency.
  • Support external audits and regulatory compliance requirements by providing necessary documentation and explanations.
  • Stay informed about changes in accounting standards, tax laws, and regulatory requirements affecting the organization, ensuring compliance with these changes.
  • Identify opportunities for process improvement and implement best practices to enhance the effectiveness and efficiency of financial operations.

Job Experience and Skills Required:
Completed Bcom in Finance
Completed SAIPA or SAICA articles
Minimum 1 - 2 years post articles experience
Retail experience would be beneficial

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