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Midrand: Financial Accountant

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Job Description

About the Role

We are seeking an experienced Financial Accountant to join our team in Midrand, South Africa. The successful candidate will be responsible for providing financial accounting expertise and ensuring accurate financial reporting. This is a great opportunity for a seasoned professional to leverage their technical accounting knowledge and SAP experience to drive business growth.

Key Responsibilities

  • Maintain and manage General Ledger accounts and master data, including initiating requests for new or amended GL accounts and cost centres in line with established procedures.
  • Prepare and post manual journal entries where required.
  • Review prepayments, deposits, leases, and other GL accounts for accuracy and completeness.
  • Monitor and clear relevant accounts.
  • Provide cost centre support, including review and resolution of queries.
  • Coordinate with GBS and Centres of Excellence (CoEs) to resolve entity-related queries.
  • Review and reperform royalty accruals and journal entries.
  • Conduct plausibility checks and ensure accurate postings.
  • Monitor data quality, identify discrepancies, and implement corrective adjustments.
  • Reconcile intramovement accounts.
  • Prepare sales reconciliations between invoice listings and the General Ledger for audit purposes.
  • Closing Support month-end closing activities in collaboration with GBS teams.
  • Review closing results and follow up with business units; perform manual postings where necessary.
  • Perform monthly income statement and balance sheet reviews.
  • Manage Trial Balance reviews in conjunction with the Head of Accounting and Senior General Accountant.
  • Reporting Assist with and perform monthly actual reporting in line with group reporting guidelines.
  • Implement new regulatory or legislative requirements impacting financial reporting.
  • Prepare documentation required for regulatory compliance and reporting updates.
  • Prepare monthly balance sheet reconciliations.

Requirements

  • Minimum Matric (Grade 12) qualification.
  • Relevant BCom Accounting degree.
  • Professional qualification: SAIPA or CIMA (completed or in progress).
  • Minimum 46 years experience in a financial accounting role (articles experience advantageous).
View Job  Centurion: Financial Advisor / Planner

Qualifications

  • Formal education/certifications not specified.

Salary & Benefits

  • Salary and benefits information 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.

View Job  Johannesburg: Tax Administrator

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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