Port Elizabeth: Financial Accountant posted by Talent Scout Recruitment

• FINANCIAL ACCOUNT
  Process month end journals, reconciliations or ledger accounts, creditor payments, cheque payments and salary payments.
  Ensure that financial system setup and maintained to ensure that all transactions are correctly captured and reflected in the general ledger accounts

FIXED ASSETS MANAGEMENT
Maintain Asset Registers for both depreciation (for balance sheet) and Wear And Tear (SARS)
Ensure that all Asset Registers are accurate and complete
Process acquisitions, impairments, disposals, transfers, and any other adjustments e.g. change in useful life monthly
Monthly depreciation runs
Ensure asset journal postings are accurate
Prepare asset register versus TB reconciliations for all categories monthly
Assist with forecasting reports
Compile and maintain templates and reports as required by management
IAS16 reconciliations
Maintain structured SOPs for Assets, including acquisitions, measuring, disposals, recording and control
Work alongside the Admin team to ensure all month end and year end processes are accurate and completed timeously as per the agreed timelines and guidelines.
Prepare and load the payments of the assets
Capturing of assets and garments on ELCB
Asset verifications and garment stock counts
Maintain the filing system for assets and documents
Assist with Bi-annual Stock take reconciliations
Management of rental garments and stationery

MINIMIZE PRODUCTION COSTS:
Minimize production costs through reduction of overtime worked by staff
Minimize production costs through reduction of re-works/ re-washes
Ensure that all production and quality targets are met hourly, daily, weekly and monthly
Reduce absenteeism by implementing measures to minimize absenteeism (e.g. return to work interview)
Pro-actively identify equipment. Machinery related problems and ensure that corrective action is taken to prevent stoppages or breakdowns
Minimize production costs by minimizing/ eliminating the use to casual and contract labour

OCCUPATIONAL HEALTH AND SAFETY:
The requirements with regards to H & S representatives and First aiders and Fire Fighters are determined, individuals are nominated, and training is scheduled and done
Weekly inspection is conducted in conjunction with the H & S representatives and Occupational health and safety hazards are identified, reported and corrected where possible
Staff is made aware of all risks associated with tasks and duties relating to their work and their working area
Unsafe acts/ conditions that is committed by employees are identified and addressed immediately as per legislative and company procedure/ policy requirements
Staff is trained and assessed on relevant standard operating procedures/ safe work procedures on equipment and on the processes