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Financial Accountant

Employer
Kelly Sinclair Recruitment Partners
Location
Durban Durban eThekwini, South Africa
Salary
Competitive
Closing date
Aug 26, 2024
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Job Role
Financial Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Our client, a giant in their field, is a well-known South African listed company, has an exciting opportunity for a Financial Accountant to join their Durban team. You will be responsible for financial reporting for the entities in Uganda & Tanzania.

Key Performance Areas:

Financial Management:

Responsible for overall financial process adhering to relevant instructions & guidelines
Assist in month-end, interim, & year-end financial reporting
Assist in coordinating & preparing year-end estimates & annual budgets
Maintain accurate & up-to-date asset registers
Prepare balance sheet reconciliations monthly for review & sign off by FM
Assist in managing financial risks

Financial Administration:

All financial & administrative processes & systems
Assist in managing internal & external audit processes
Assist in coordinating & maintaining all insurance related requirements & processes
Ensure cost control & contracting
Assist in preparation of board packs & coordinate with management companies

Manage Debtors:

Process debtor journals
Reconcile debtors control monthly
Complete monthly revenue recon
Monitor & report on effectiveness of query resolution in line with agreed KPIs

Manage Creditors:

Ensure creditors reconciled to statement & paid on time
Review creditor applications, including BBBEE status

Manage Bank Reconciliation & Cash Flow:

Reconcile bank account daily
Identify & track unreconciled items
Daily cash flow management

Ensure Compliance with Relevant Legislation:

Adheres to tax & accounting laws
Adheres to all other relevant legislation
Assist to ensure that quarterly tax computations are prepared & reviewed; income tax returns are filed & paid on time
Contribute to ensure that AFS are completed within 3 months after year-end
Ensure compliance with IFRS

Requirements:

Bachelor's Degree in Finance-related or Chartered Accountant
Proficient in MS Excel with hands-on experience on Vlookup, Formulas, Pivot Tables
5 years' experience working in Finance
2 years' experience in SAP all Modules (AR / AP / R2R / Cash Allocation)
Experience in a Logistics and/or Shipping environment will be an advantage

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