Financial Controller

2 weeks ago


Parktown, South Africa PMG Recruitment Services Full time

**1.** **Purpose of the Role**

To process accounting transactions and ensure effective and efficient financial accounting.

**2.** **Key Responsibilities**

**2.1.** **Financial Accounting**
- Obtain authorisation and process payments within 30 days from receipt of an invoice.
- Issue receipts for all money received by the EWSETA.
- Ensure all financial documentation is filed according to the EWSETA on the Safeguarding of Accounting Records.
- Process month-end financial closes and reconciliations.
- Compile the monthly reconciliation of any statutory returns.
- Compile financial reports and statements for financial analysis, forecasting, trending and results analysis, including supporting schedules.
- Compile monthly and quarterly expenditure reports for all cost centres and submit information to the Financial Accounting Manager.
- Assist with the preparation of the annual financial statements, including notes and supporting schedules
- Process supplier invoices and creditor payments and perform the monthly reconciliation.
- Process the recovery of credit notes, disallowances and subsistence and transport allowances.
- Process the allocation, reconciliation and banking of revenue.
- Maintenance and updating of the fixed asset register.
- Prepare monthly and quarterly expenditure reports for all cost centres and the organisation and feed information to the Financial Accounting Manager.
- Process and reconcile other income on a monthly basis.
- Allocate admin budget to requisitions and reconcile budget allocations.
- Prepare quarterly reports for submission to DHET and NT templates.
- Reconcile all other sources of revenue.
- Resolve accounting discrepancies and irregularities, where possible.
- Process debt recoveries and compile the debtor reports for review by the Financial Accounting Manager.
- Prepare journals, adjusting and reconciliation journals.
- Complete adjusting and reconciliation journals.
- Ensure all transactions are supported by authentic and verifiable source documents indicating the approved accounting allocation.
- Add new Customers and Suppliers in the Pastel system
- Send account statements to debtors on a monthly basis.
- Post bank account transactions to credit, debtor and general ledger accounts.
- Request/ Print out bank statements and reconcile with ledger accounts.
- Compile DHET and NT templates on quarterly basis
- Load ASCII (payroll) file in the bank system on a monthly basis.
- Capture journals.
- Post bank account transactions to credit, debtor and general ledger accounts.
- Request bank statements and reconcile with ledger accounts.

**1.1.** **Effective Teamwork and Self-Management**
- Take ownership and accountability for tasks and activities and demonstrate effective self-management in terms of planning and prioritising, and self-development.
- Follow through to ensure that quality and productivity standards of work are consistently and accurately maintained.
- Inform relevant parties in the event of tasks or deadlines not met, the potential risks thereof and provide appropriate resolution.
- Manage colleagues’ expectations and communicate appropriately.
- Demonstrate willingness to help others and “go the extra mile” to meet team targets and objectives

**Education and Qualifications**:

- Appropriate 3 year diploma or degree in accounting
- 3 to 5 years’ experience in a financial accounting function

**Job Types**: Full-time, Temporary
Contract length: 3 months

**Salary**: R450,000.00 - R500,000.00 per year

**Education**:

- Diploma (required)

**Experience**:

- Financial Accounting: 5 years (required)


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