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Senior Accountant Role in Richards Bay
2 weeks ago
We are seeking a highly skilled and experienced SENIOR ACCOUNTANT to join our team based in Richards Bay.
Key Responsibilities- Ensure the preparation of accurate and timely financial statements, including balance sheets, income statements, and cash flow statements, in accordance with accounting standards and regulatory requirements.
- Provide expert analysis of financial performance of the business with in-depth review of balance sheet and profit and loss statement.
- Maintain the integrity and accuracy of the general ledger by supporting and reviewing the accounting processes.
- Oversee the preparation and submission of group quarterly reporting.
- Coordinate local and international intercompany reconciliation.
- Generate and analyse aging reports monthly to identify overdue payments and outstanding receivables, taking proactive measures to resolve issues and improve cash flow.
- Review month-end payments process to ensure accuracy, compliance, and internal control effectiveness, verifying authorization and documentation to prevent errors and fraud.
- Develop and maintain internal controls to safeguard company assets, prevent fraud, and ensure compliance with policies and procedures.
- Ensure tax compliance: Prepare and file tax returns, ensure compliance with tax laws and regulations, and support tax audits by providing necessary documentation and information.
- Collaborate with internal and external auditors by providing requested documents, explanations, and assistance to ensure audit objectives are met efficiently.
- Maintain accurate records of fixed assets, including acquisition, depreciation, and disposal, in accordance with accounting standards.
- Liaise with Warehouse Management with Cyclical and the Bi-Annually Stock take and related reconciliations to the system.
- Regularly assess inventory levels and turnover rates, optimizing management strategies to minimize excess or obsolete stock and reduce holding costs.
- Review insurance policies to ensure adequate coverage and cost-effectiveness.
- Submit Quarterly Stats as required.
- Contribute to the development of new financial models to improve efficiency and reporting quality.
- Support the development of annual budgets, forecasts, and financial plans by providing accurate and timely financial data and analysis.
- Maintain and optimize accounting software and financial systems to streamline processes, improve efficiency, and enhance data accuracy and security.
- Support financial planning activities, investment evaluation, to support strategic decision-making and long-term growth initiatives.
- Prepare ad hoc financial reports and analysis as requested by management to address specific business needs or inquiries.
- Degree in Accounting or Finance; CA (SA) preferred; Extensive knowledge of accounting principles, practices, and regulations, including IFRS and tax laws.
- 10 years proven work experience in an accounting role (ideally in Manufacturing and/or Project Management industries).
- Excellent organisational and time-management skills.
- Strong analytical skills, attention to detail, and ability to interpret complex financial data.
- Ability to work independently and meet deadlines.
- Enhancement and motivation of a positive team spirit.
- Excellent written and verbal communication skills.
- Advanced Microsoft Excel skills.
- Auditing background preferred.
- SAP experience would be beneficial.
- Knowledge in IT, VBA, SQL and/or Power BI would be an advantage.