Financial Administrator

3 weeks ago

Durban, South Africa Red Rock Recruitment Full time

Our client a large concern in the General Engineering field is currently looking to employ a Bookkeeper / Financial Administrator for their branch in Durban soonest.

Duties and Responsibilities:

- Manage compensation packages using payroll software **(Quick books)**:

- Collect and verify timekeeping information for all employees
- Calculate pay according to hours worked incorporating leaves and overtime
- Calculate bonuses and commissions when appropriate
- Manage and calculate taxes and deductions
- Initiate periodical payments timely either by preparing and administering checks or making direct deposits through a bank payment system
- Issues statements and invoices and maintain records
- Update paper and electronic payroll records by entering adjustments on pay rates, employee status changes, etc.
- Calculate unemployment and severance payments
- Deal with complaints and questions regarding payroll from employees and upper management
- Investigate and resolve any discrepancies in payroll
- Prepare and submit reports with payroll information to the supervisor

Office:

- Overseeing general office operations.
- Greeting visitors, answering high-volume incoming phone calls and delivering world-class service to our customers.
- Coordinating appointments and meetings and managing staff calendars and schedules.
- Supervising, mentoring, training, and coaching our office staff and delegating assignments to ensure maximum productivity.
- Purchasing office supplies and equipment and maintaining proper stock levels.
- Producing reports, composing correspondence, and drafting new contracts.
- Creating presentations and other management-level reports.

Financial:

- Prepare and post receipts, deposits, purchase orders, invoices, refunds, and other standard bookkeeping tasks.
- Manage accounts receivable and accounts payable.
- Keeping records of invoices and tax payments, as well as reviewing and processing reimbursements.
- Prepare, track, and reconcile ledgers and budgets.
- Create financial and inventory reports.
- Prepare and file company tax documents.
- Prepare and file company pension documents/payments.
- Resolving account discrepancies and performing account reconciliations.
- Run and update databases.
- Develop and streamline operational efficiencies.
- Contact delinquent accounts.
- Coordinating domestic and international travel, including flight, hotel, and car rental reservations.

Financial Administrator Requirements:

- A minimum of 4 years experience as a financial administrator, or similar.
- Advanced proficiency in accounting software, such as quick books
- In-depth knowledge of financial controls and accounting standards.
- Extensive experience in financial reporting.
- Exceptional attention to detail.
- Superb organizational and time management abilities.
- Excellent collaboration and communication skills.

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