Introduction
Our client is an official distributor for many Shrink Management Solution products. They are looking for a Financial Accountant to join their team.
Duties & Responsibilities
Daily

• Log into Std Bank and Send Bank statements to appropriate colleague
• Process Supplier invoices on Pastel

Continuously as needed

• EFT Payments
• Costing estimates
• Load International supplier stock and process invoices on Pastel
• Inventory Journals
• Process the Cashbook (Std Bank Current Account)
• Reconcile Cashbook
• Update Selling Prices as needed on Pastel
• Monitor Cash Flow and do projections
• Capture new assets and add to depreciation schedule
• Summarize RFID Cloud Fees and ensure that customers are invoiced accordingly
• Summarize Footcounter Cloud Fees and ensure that customers are invoiced accordingly
• Maintain Debit order list
• Update Santam Insurance when items get purchased / sold
• Check Debtors Age Analysis and follow ups
• Customer Journals

Forex:

• Buying / Managing Forex for international orders
• Paying International Suppliers on FNB
• Acquire Advance Import Number on SARS Efiling for advance payments

Weekly

• Create Weekly Sales Report

Once a month

General

• Loan Account Recons
• Depreciation Journal
• Interest Journals
• Recon and Pay Local Suppliers with whom we have 30 day accounts
• Break Down Fleet account for processing
• Break Down Std Bank CC for processing
• Do a margin exercise and update Sales Price lists
• Send monthly Sales report to management
• Send monthly income statement to management
• Do a cash flow statement
• Updated YTD Budget
• Cell phone expenses summary
• Compare Courier Guy charges with courier charged to customers

Salaries

• Calculate Commission payable to salespeople
• Capture Salary and leave information on Payroll
• Pay Salaries
• Do Salary journals on Pastel
• Update Leave sheets in accordance with HR sheet
• Recon Salary Account
• Submit UIF

SARS:

• Calculate VAT payable
• Recon VAT Control account
• Submit VAT Return on SARS Efiling
• Pay VAT
• Submit EMP201 on SARS Efiling
• Recon Salary Control Account
• Pay PAYE
• Apply for new employees Tax numbers if they dont have one

Month End

• Process and reconcile cashbooks on Pastel:
  • Std Bank Current Account
  • FNB Account
  • Std Bank Savings account (Salaries)
  • Petty Cash HO
  • Petty Cash Cape
  • Petty Cash Natal
  • Std Bank Covid acc - every 3 months
  • Call Account - every 3 months
  • Special Call account - every 3 months
• Period increment on Pastel
• Reconcile International Supplier accounts and do Forex Diff journals

Twice a year

• Complete, submit and revise the Employer Reconciliation Declaration (EMP501) on Easyfile Employer.
• Send out IRP5s
• Process stock take journals on Pastel

Once a year

Year End

• Pastel Year End process
• Payroll Year End process
• Balance Car Loan accounts with statements
• Get Amortisation schedules
• Ensure International Suppliers outstanding invoices are in line with current exchange rate
• Prepare information for auditors
• Get Tax Clearance Certificate on SARS Efiling
• Submit Annual Return on Dept of Labour
• Pay Annual Return
• Acquire Letter of Good Standing

Desired Experience & Qualification
EDUCATIONAL REQUIREMENTS:

• Grade 12
• Financial related tertiary qualifications

EXPERIENCE AND SKILLS REQUIRED:

• 3 - 5 Years experience in a similar position
• Pastel experience