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Accountant

Employer
Durban Offshoring
Location
Newcastle Newcastle Amajuba, South Africa
Salary
Competitive
Closing date
Apr 27, 2024

View more

Job Role
Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
We are in search of a full-time Internal Management Accountant who is qualified and experienced to lead the Finance Department and its team members within a dynamic and fast-growing UK-based accountancy practice.

If you're passionate about numbers and thrive in a fast-paced environment, this could be the perfect opportunity for you! As a Management Accountant, you'll be responsible for a diverse range of tasks aimed at ensuring the financial health and success of the accounting practice.

Basic training and guidance will be provided to ensure alignment with the firms accounting practices and culture.

Responsibilities:

The Internal Management Accountant aims to assist the Head of Finance to provide timely, accurate information to the members of our management team. The role will consist of:

Management Accounts Responsibility

Assisting in overseeing financial accounting, monitoring, and reporting systems.
Ensuring accurate revenue recognition in compliance with company and accounting standards.
Conducting monthly reconciliation of designated balance sheet accounts.
Reviewing and managing accounts receivable effectively.
Controlling payables to mitigate company risk and reduce overheads.
Producing precise financial reports within specified deadlines.
Identifying, investigating, and influencing problem areas to improve the results of the practice by analysing financial results and trends, interpreting financial information from current and past operations, costs, revenues, administrative commitments, and obligations incurred.
Monitoring and forecasting cash flows and predicting future trends.
Maintaining and supporting key internal controls effectively.
Keeping track of the approval process and monitor actual expenditure vs. approved expenditure.
Being responsible for the fixed asset register
Considering new processes to follow to allow more accurate information to be given to our management team in a more time efficient way.

Credit Control Responsibility

Working in the credit control section of the department:
Ensuring the swift collection of monies owed to the practice.
Work with clients to negotiate payment terms that are mutually beneficial and help facilitate timely payments.
Dispute resolutions on invoices raised.
Taking the most appropriate and necessary actions to keep bad debts as low as possible.
Supporting the client facing team of the practice to enable them to focus on client work with minimal involvement required of them on debt collection.
Debt collection experience for complex client situations
Assist with any legal action required to be taken.
Preparation of legal documentation for court cases
Overseeing overall debt collection, advising senior team on appropriate next steps in collecting their client's outstanding debt, overseeing the bad debt provision
Ensure the debtors books are kept to minimum days.
Report to management on outstanding issues, whilst highlighting potential debtor problems.

All candidates must have:

Have five or more years of experience within the finance department or similar.
Must have experience in budgeting procedures, financial reporting including Tax and VAT and cost analysis.
Key requirements include being commercially sound, deadline driven and having attention to detail.
It is essential that the candidate have a passion for implementing and maintaining continuous system driven improvements
In-depth understanding of operational finance

The ideal candidate must have:

Bachelor of Commerce degree (or equivalent)
Financial Accounting 3
Completed articles or in-service training.
CGMA/CIMA qualification will be preferrable.
Minimum of 5 years' experience in a similar role, preferably from a professional finance services area
The ideal candidate should be hardworking, honest, self-motivated and disciplined and be able to work under extreme pressure.
Office Management skills and ability to oversee a finance team.
Professional and empathetic people skills.
Ability to follow and improve a documented systemised process.

R40,000 - 45,000 per month depending on qualification and required experience

Monday - Friday- 37.5 hours per week

The role is based in Glen Ashley, Durban North

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