Job Description
About the Role
The Financial Accountant will be responsible for managing financial records, preparing accurate financial statements, and ensuring compliance with all relevant financial regulations in a fast-paced environment.
Key Responsibilities
- Assist with month-end and year-end closing processes, including journals, reconciliations, and reporting
- Provide support during Internal and External (Statutory) audits, including preparation of required documentation
- Prepare, maintain, and reconcile financial accounts, ensuring accuracy and completeness
- Capture all bank accounts daily
- Compile project reconciliations and submit payment requisitions for franchisee projects
- Review major debtors reconciliation accounts
- Manage the administration of Fixed Assets and Work-in-Progress, ensuring accuracy and compliance with accounting policies
- Ensure compliance with internal controls and accounting standards
- Support budgeting, forecasting processes and variance analysis
- Calculate monthly MSF/Royalties
- Analyse monthly outlet turnovers, MSF and Marketing Fund trends to identify abnormalities, provide explanations and correct
- Compile and submit data for quarterly ESG report ensuring 100% accuracy
- Ensure supporting documentation is filed for all amounts reported
Requirements
Relevant Accounting Diploma/Degree
3-5 years total finance experience
Completed articles advantage
Proven experience in journals, accounts payable reconciliation, accounts receivable, bank reconciliation, Balance sheet reconciliations etc Manufacturing sector exposure
Solid understanding of Balance sheet reconciliations and internal controls
Working knowledge of IFRS and sound financial governance
Qualifications
Formal education/certifications (Bachelor’s, LLB, Matric, etc.) – None mentioned in original description. Skipping this entire section.
Salary & Benefits
Salary range: TBA
Benefits package: TBA
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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