Accountant

3 weeks ago

Queenstown, South Africa Abantu Staffing Solutions Full time

Purpose of the job:

  • The Account will oversee the financial function ensuring accuracy, compliance and strategic insights. You will play a crucial role in the preparation of monthly reports, reconciliations, accruals and month-end journals. Additionally, your expertise in budgeting, forecasting and costing analysis will contribute to informed decision-making and optimised financial performance across relevant divisions

Minimum Requirements:

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

 

Main Responsibilities:

Cost Management and Financial Analysis:

  • Provide tools to measure costs and analyze financial information to identify opportunities for cost reduction and revenue enhancement
  • Deliver regular and detailed feedback to managers on financial results, including KPI reports generated through Jet reports

 

Monthly Financial Reporting:

  • Prepare and submit the Monthly Pack by the 15th of the following month, including Income Statements, Balance Sheets, Cash Flow Statements, and Cost to Serve reports
  • Generate other management reports as required, ensuring accuracy and relevance.

 

Month-End Processes:

  • Process month-end journals accurately and in a timely manner
  • Analyze monthly results to identify anomalies, address errors, and prevent recurrence
  • Assist with Balance Sheet reconciliations and VAT reconciliations 

 

Financial Forecasting, Budgeting, and Statutory Compliance:

  • Assist in the preparation and review of yearly budgets, rolling budgets, and 5-year financial forecasts
  • Ensure compliance with statutory requirements, including VAT Act and deadlines for submission of returns and financial reports to Stats SA

 

Internal Controls and Audit Support:

  • Assist in ensuring effective internal controls, including involvement in stock takes and ad hoc internal audit tasks
  • Maintain audit files and assist auditors during external audits, implementing corrective measures as needed

 

Ad Hoc Projects and Cash Flow Management:

  • Support finance-related tasks as required for ad hoc projects
  • Compile month-end cash flow summaries for the Financial Director

 

Audit Preparation and Reporting:

  • Ensure the timely preparation of an unqualified external audit report by 31 August and provide audit files to auditors by 1 May
  • Maintain audit files on a monthly basis for the next year's audit, including balance sheet reconciliations, VAT reconciliations, loan reconciliations, and other necessary reconciliations

 

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