Date | 2024-06-09 |
---|---|
Job Title | Financial Accountant |
Employer | Sharon Nurock Recruitment cc More Information |
Salary | 0 |
Category | Finance Accounting |
Location |
Kwazulu Natal / Durban South |
Job Summary
Minimum Job
Requirements:
- B.Com in Accounting essential.
- Min. 4 years’ experience in Finance / Accounting.
Key Performance Areas:
Report to the Business Unit Finance Controller:
- Financial Strategy:
- Participate in organisational strategy management from a financial management perspective.
- General Financial:
- Provide financial analysis and support to management and all operational areas.
- Maintain and update accounting system.
- Ensure compliance with internal control.
- Prepare financial reports and returns.
- Generate information and reports for internal and external use.
- Review and action balance sheet account variances.
- Budget / Forecast:
- Prepare operational budget and load budget on the system.
- Co-ordinate and consolidate all budgets and forecasts.
- Prepare operational forecast on the system.
- Financial Reporting & General Ledger:
- Prepare financial reports and returns.
- Analyse and interpret finance reports and statistical data.
- Investigate and action financial variances (budget/forecast).
- Compile the weekly flash result and analyse variances.
- Prepare, review and circulate monthly financial pack.
- Prepare financial reports and returns.
- Prepare monthly management accounts and intercompany reporting for Group submission.
- Monthly Capex reporting for Group submission.
- Compile weekly sales reports and balance sheet account reconciliation.
- Investigate and action balance sheet account variances.
- Prepare and post journal entries.
- Manage subsystem vs general ledger balancing and action variances.
- Audits and Financial Period-End Processes:
- Prepare year-end statutory audit (external and internal) in line with the consolidates audit plan.
- Prepare ledger balance and an initial balance including all reconciliations, balance sheet accounts etc.
- Prepare year-end reporting accounting and tax packs.
- Follow up and action audit finding.
- Creditors, Banking & Cash management:
- Verify weekly bank transfers (creditor and wages)
- Review and authorise creditors reconciliations, exception reports and payment.
- Monitor daily cash positions and cash flows to ensure settlement and maximise performance.
- Assist with cash management function.
- Lease Management
- Update the lease management system for contract additions, terminations, annual contract anniversary and interest rate changes.
- Forex:
- Manage Forex risk and forex reporting.
- Review Forex forecasts.
- Debtors/Creditors:
- Maintain and update the tooling account and reconciliation.
- Review and analyse the debtors age analysis, ensuring timely payments from customer.
- Support with system automation in the AP function for staff training and resolution.
- Support with control implementation to support the self-billing system.
- Capex & Fixed Assets:
- Consolidate Capex reports.
- Calculate ROI on proposed Capex.
- Complete Capex additions /disposal / transfer applications.
- Monitor and report Capex monthly spend vs budget and report on variances.
- Maintain and update the fixed assets register.
- Review useful life and residual value of fixed assets analysis.
- Maintain the Capex register for authorised Capex forms.
- Statutory Returns:
- Prepare/review business tax returns (VAT, UIF, PAYE, WCA).
- Comply with value -added tax administration.
- Review statistics returns.
- Support process of Provisional/Income Tax returns.
Financial Accountant position available in Kwazulu-Natal, Durban South. This job position was posted by Sharon Nurock Recruitment cc. The job has been posted as a char8000 ad on 2024-06-09 at 01:01:13 in the Finance Accounting category
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