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Group Accountant

2 months ago

Boksburg, Gauteng, South Africa Red Ember Recruitment PTY Ltd Full time
Job Title: Group Accountant

Red Ember Recruitment PTY Ltd is seeking a highly skilled Group Accountant to join our team. As a key member of our finance department, you will be responsible for managing and executing day-to-day accounting operations, including accounts payable, accounts receivable, general ledger entries, and bank reconciliations.

Key Responsibilities:
  • Financial Reporting: Prepare accurate and timely monthly management accounts, including income statements, balance sheets, and cash flow statements.
  • Financial Analysis: Analyze financial data and trends to provide insights and recommendations to the director for strategic decision-making.
  • Financial Close: Conduct monthly, quarterly, and annual financial close processes, ensuring adherence to deadlines and compliance with SARS and other regulatory requirements.
  • Financial Control: Monitor and enforce internal controls to safeguard company assets and ensure compliance with accounting standards and policies.
  • Financial Planning: Prepare accurate and timely annual financial statements, including income statements, balance sheets, and cash flow statements.
  • Financial Operations: Coordinate with external auditors during annual audits and provide necessary support to facilitate the audit process.
  • Team Management: Lead and mentor junior staff, providing guidance and support to foster their professional development.
  • Collaboration: Collaborate cross-functionally with departments to optimize financial performance and achieve business objectives.
  • Professional Development: Stay informed about industry trends, regulations, and best practices in financial accounting and reporting.
  • Compliance: Submission of SARS statutory returns (VAT201, EMP201, EMP501, and Income tax return).
  • Financial Management: Maintain an accurate fixed assets register and physical assets verifications.
  • Financial Analysis: Prepare variance report clearly addressing material differences against budgets and previous results.
  • Financial Operations: Review of monthly payroll reports to ensure they are correct and in line with the relevant regulations.
  • Financial Planning: Prepare finance policies and Standard Operating Procedures.
  • Financial Operations: Process payments on various client banking portals.
  • Financial Control: Improve internal controls and ensure adherence to controls in place.
Requirements:
  • Education: Bachelor's degree in Accounting, Finance, or related field.
  • Experience: Proven experience (10+ years) in financial accounting, preferably within the security and construction industry.
  • Knowledge: Strong knowledge of accounting principles, practices, and regulations (IFRS).
  • Skills: Excellent analytical and problem-solving skills, with keen attention to detail.
  • Leadership: Experienced and independent person to oversee the finance department, plan, and balance multiple tasks.
  • Technology: Proficiency in accounting software (Pastel partner) and MS Office suite, particularly Excel.
  • Communication: Excellent organizational and planning skills with the ability to prioritize time and work effectively.
  • Leadership: Experience in mentoring junior staff.