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Financial Accountant Position

2 weeks ago

Durban, KwaZulu-Natal, South Africa Tongaat Hulett Full time
Job Description

Tongaat Hulett seeks a skilled Financial Accountant to join their team. As a key player in the financial accounting and payments aspects of the business, you will be responsible for enforcing compliance with policies and procedures, corporate governance principles, and tax legislation.

  • You will assist with the preparation of accurate and timely financial information to support monthly management accounts reporting.
  • Creditors' invoices will be captured on the system by querying information, seeking confirmation or supporting documentation, posting the invoices, interacting, and making information available.
  • You will provide effective and efficient support to internal stakeholders and ensure the use and maintenance of the ERP system.
  • Able to interpret feasibilities for development projects and prepare budget/forecast information.
Responsibilities

The successful candidate will be responsible for the month-end financial process for the Property operation (incorporating its division and subsidiaries), including:

  • Processing journal entries necessary to maintain the general ledger and prepare trial balances.
  • Daily posting of bank statements & related procedures.
  • Reconciliation of payments & intercompany reconciliations.
  • Bank reconciliations (multiple).
  • Processing creditor's invoices onto the system, following up on outstanding queries, and resolving discrepancies.
  • Preparing monthly reporting schedules and analyses.
  • Providing explanations for material variances in actual results to budgets and forecasts.
  • Preparing monthly reconciliations of general ledger accounts (fixed assets, debtors, and creditors reconciliations) and resolving outstanding issues in a timely manner.
  • Preparing inputs to ensure correct cost allocation to various land development projects.