Accountant

2 months ago

Queenstown, South Africa Abantu Staffing Solutions Full time

Job Purpose:

  • The accountant is responsible for the financial function including the preparation of monthly reports, reconciliations and accruals, the posting of month end journals, budgeting and forecasting. The accountant is also responsible to provide a costing analysis of the various processes within the relevant divisions. Reporting  to the Financial Manager.

Minimum Requirements:

  • Matric / Grade 12
  • CIMA qualification or B.com Accounting
  • 3 Years’ minimum experience within the FMCG industry
  • 5 Years’ minimum experience in management accounting
  • Financial Reporting experience
  • Costing experience

Responsibilities:

Accountant to managers:

  • Giving tools to measure costs
  • Report and analyse financial information to identify areas to reduce cost and increase revenue
  • Regular and detailed feedback to managers on results
  • Jet reports to give regular KPI reports

Process month-end journals:

  • Calculate and process month-end transactions
  • Analyse monthly results to identify and explain anomalies address errors to prevent repeat thereof
  • Assist with Balance Sheet Recons
  • Vat recons: Input, Output and control account

Preparation of Monthly Pack by 15th of next month

Reports include:

  • Income Statement
  • Balance Sheet
  • Cash Flow
  • Cost to Serve
  • Other management reports 

Financial Forecasting and Budgeting:

  • Assist in yearly budgets
  • Assist in review of budgets and implementation of changes
  • Rolling budgets
  • Assist in 5-year financial forecasting 

Statutory Returns and legislative compliance - Stats SA:

  • Adherence to VAT Act
  • Adherence to deadlines for submission of returns and Stats SA financial reports

Assist in ensuring effective internal controls:

  • Involvement in stock take and ad hoc internal audit tasks. Ex. Detail analysis of discount allowed

Ad Hoc Projects:

  • Assist with finance related tasks required 

Monthly cash flow update:

  • Compile month-end cash flow summary for FD

Auditing:

  • Maintaining audit file on monthly basis for next year audit
  • Balance sheet reconciliations
  • VAT reconciliations
  • Loan Reconciliations
  • Other Reconciliations
  • Assistance of auditors during audit
  • Implementation of corrective measures of issues identified in audit

Key Skills and Expertise:

  • Ability to understand and implement complex finance solutions
  • Ability to handle pressure and manage multiple issues simultaneously
  • Strong communication skills and ability to influence outcomes at all levels and across disciplines
  • Great time management skills
  • Ability to work independently 

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