Job Description
About the Role
A Sandton-based FMCG company is seeking an experienced Financial Accountant to join their team. The successful candidate will be responsible for maintaining the financial health of the organization, ensuring compliance with regulatory requirements, and providing expert financial advisory services.
Key Responsibilities
- Maintain the General Ledger and prepare monthly, quarterly, and annual financial statements in accordance with IFRS, ensuring 100% reconciliation to Trial Balance by the 3rd working day of each month.
- Prepare and submit VAT, PAYE, Provisional, and Income Tax returns via eFiling, maintaining a record of zero penalties or interest charges for late or inaccurate submissions.
- Execute complex reconciliations between physical stock and system records (Sage/Xero), maintaining a variance of less than 1% across all high-volume product lines.
- Perform bank, intercompany, and control account reconciliations, ensuring all reconciling items older than 30 days are cleared by month-end.
- Process AR/AP and manage the age analysis to ensure 90% of accounts remain within credit terms while mitigating bad debt risk.
- Maintain the Fixed Asset Register and depreciation schedules with zero discrepancies during annual external audits.
- Support payroll administration and execute bi-annual EMP501 reconciliations via e@syFile with 100% accuracy against the General Ledger.
- Assist in budgeting and forecasting, providing monthly variance analysis on COGS and GP Margins to identify cost-saving opportunities.
Requirements
- Education: National Diploma or Bachelor’s Degree in Accounting, Finance, or related field.
- Professional Registration: Membership with SAIPA, SAICA, or CIMA (advantageous).
- Tax Status: SARS Registered Tax Practitioner (beneficial).
Qualifications
- Formal education/certifications: None mentioned.
Salary & Benefits
- Salary range not specified.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in North Johannesburg
North Johannesburg is home to a thriving financial services sector, with many multinational companies having operations in the region. Typically, the accounting and finance industry in this area experiences steady demand for skilled professionals, driven by the growth of the economy and the need for organisations to maintain accurate financial records and make informed business decisions.
When it comes to salaries, typically the range for accounting and finance positions in North Johannesburg is quite broad, with experience, company size, and industry sector all playing a significant role in determining actual salaries. Generally, junior positions in this field can expect salary ranges of around R400 000 to R600 000 per annum, while senior roles can command salaries upwards of R1 million. However, it’s essential to note that these are broad estimates, and actual salaries may vary significantly depending on individual circumstances.
Common skills required for accounting and finance positions in North Johannesburg include proficiency in financial software, such as SAP or Excel, as well as a solid understanding of financial principles and regulations. Typically, candidates with a degree in accounting or finance, as well as relevant work experience, are best positioned to secure these roles. Other key skills include attention to detail, analytical thinking, and effective communication.
The financial services sector is one of the most significant industries that commonly employs accountants and finance professionals in North Johannesburg. Other sectors that often require these skills include technology, manufacturing, and retail. Typically, organisations in these industries need accounting and finance staff to manage their financial transactions, prepare financial statements, and provide insights to inform business decisions.
For those interested in pursuing a career in accounting or finance, there are many opportunities for development and advancement. Typically, junior roles can provide valuable experience and training, which can be used as a springboard for more senior positions within the organisation. External training programs, such as certifications offered by the South African Institute of Chartered Accountants (SAICA), can also enhance career prospects. With dedication and hard work, it’s generally possible to progress to leadership roles or transition into related fields, such as business analysis or financial planning.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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