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South Africa: Senior Financial Accountant posted by Greys Recruitment

Date 2025-01-11
Job Title Senior Financial Accountant
Employer Greys Recruitment
More Information
Salary 35000
Category Trade Artisans Technical
Location South Africa
/ South Africa

Job Summary

Our client is seeking a Senior Financial Accountant for their team in the Northern Suburbs.

Requirements:


Education and Certification

  • Bachelor’s degree in accounting, Finance, or a related field.

Experience

  • Minimum 5-7 years of progressive accounting experience, with at least 3 years in a manufacturing environment.
  • Familiarity with ERP systems (SAP, Oracle, Microsoft Dynamics), Paradigm).

Technical Skills

  • Strong knowledge of GAAP/IFRS and manufacturing-related accounting principles.
  • Advanced proficiency in Microsoft Excel and financial modelling.
  • Experience with inventory management systems and production tracking tools.

About:
We are looking for a Senior Financial Accountant that will play a pivotal role in ensuring the accuracy, integrity, and timeliness of the company`s financial records within a manufacturing environment. This position involves managing complex accounting functions, compliance with financial regulations, and contributing to the strategic financial planning of the organisation. The successful candidate will possess strong analytical skills, attention to detail, and a deep understanding of accounting principles as they pertain to manufacturing operations.

Financial Reporting and Analysis

  • Prepare and review monthly, quarterly, and annual financial statements ensuring accuracy and compliance with GAAP/IFRS.
  • Conduct detailed variance analyses between actual and budgeted results, identifying key trends and providing actionable insights.
  • Develop and maintain cost accounting systems to track production costs, inventory valuation, and variances.
  • Support the Finance Manager with financial forecasting, budgeting, and strategic planning activities.

General Ledger and Reconciliations

  • Oversee the general ledger, ensuring accurate and timely posting of journal entries.
  • Perform and review reconciliations for key accounts, including inventory, fixed assets, and work-in-progress (WIP) accounts.
  • Manage month-end and year-end close processes, ensuring all deadlines are met.

 Compliance and Audit

  • Ensure compliance with all relevant financial regulations, internal controls, and company policies.
  • Coordinate and liaise with external auditors during interim and annual audits, preparing necessary documentation and resolving queries.
  • Prepare and file statutory and regulatory financial reports, including tax filings.

Process Improvement

  • Identify opportunities for process improvement within the accounting and finance function.
  • Implement new tools or systems to enhance accuracy, efficiency, and reporting capabilities.
  • Lead or participate in cross-functional initiatives aimed at optimizing manufacturing processes.

Team Leadership and Development

  • Provide mentorship and guidance to junior accounting staff, fostering a culture of professional development.
  • Review work performed by junior team members for accuracy and adherence to company standards

Salary:

R35,000 – R40,000

How to Apply via our website: Greys Recruitment
Senior Financial Accountant position available in South Africa, South Africa. This job position was posted by Greys Recruitment. The job has been posted as a char8000 ad on 2025-01-11 at 01:10:53 in the Trade Artisans Technical category

Click Go Apply to apply online!


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South Africa: Senior Financial Accountant posted by Greys Recruitment

Date 2025-01-11
Job Title Senior Financial Accountant
Employer Greys Recruitment
More Information
Salary 45000
Category Engineering
Location South Africa
/ South Africa

Job Summary

Key requirement
  • Minimum of 4 to 5 years of work experience post articles.
  • Property and construction industry related experience is a must.
  • Experience working on the financial accounts of multiple companies in a group structure.
  • Up to date theoretical and working knowledge of IFRS, IFRS for SMEs and South African income tax and vat.
  • Ability to prepare financials in CaseWare from a trial balance.
  • Analytical mindset.
  • Attention to detail and accuracy.
  • Must be able to work under pressure.
  • Excellent communication skills.
  • Deadline Driven.
  • Must work well independently and within a team.
  • Proficient in Microsoft Excel.

Key responsibility:

  • Prepare the management accounts and balance sheet reconciliations with accuracy and in compliance with IFRS.
  • Preparation of lease smoothing calculations when a new tenant is signed on.
  • In depth analysis of the general ledger for correct processing and support for all special journal entries.
  • Posting month end management account journals (depreciation, accruals, lease smoothing, interest on bonds and equipment finance etc.
  • Perform analytical review of all balance sheets and income statements.
  • Preparation of the property group monthly consolidated management accounts.
  • Analysis of the KPI reports to ensure that all property expenses have been recovered in accordance with the governing lease agreements.
  • Review and ensure that property payments, ie. Rentals, bonds, security, utilities are timeously and accurately made & reconciled to current statement of accounts.
  • Review of the bond reconciliations before payments against the amortisation and bond statements ensuring that interest rate changes are correctly factored in.
  • Review and ensure that all construction creditor payments are in accordance with the payment certifications and approved purchase orders.
  • Preparation and balancing of the group loan matrix & intercompany debtor and creditor matrix.
  • Maintenance of Property Asset Register
  • Preparation of control account, input & output vat reconciliations together with the monthly VAT 201 submissions
  • Accurate preparation of provisional and income tax computations in accordance with the relevant tax laws
  • Liaise with SARS, draft objections to SARS regarding audits and disputes on income tax and vat.
  • Preparation of the year-end pack for the annual audits.
  • Liaising with the auditors.
  • Ability to prepare and draft financials on CaseWare ensuring compliance with relevant accounting policies and IFRS.

How to apply:

  1. Follow the link to our jobseeker`s page-  Greys Recruitment
    Senior Financial Accountant position available in South Africa, South Africa. This job position was posted by Greys Recruitment. The job has been posted as a char8000 ad on 2025-01-11 at 01:10:52 in the Engineering category

    Click Go Apply to apply online!


    You might also like to look at the available jobs in the same area.

    Apply directly on jobmail for this position
    Some posts have contact information included with other instructions. All applicants are urged to read the instructions carefully.
    We will list jobs at the bottom of each job, so feel free to scroll down and continue your search.

    We do not accept any job applications and merely offer the service of daily jobs being mined and displayed on our job portal.
    Each job post has a link to take you directly to the original post to apply on their website or the original website where the post came from.


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