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Financial Accountant

Employer
Kelly Sinclair Recruitment Partners
Location
Hyper By The Sea Durban, 4001 Durban, South Africa
Salary
Competitive
Closing date
Sep 15, 2024
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Job Role
Financial Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
IntroductionOur 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.
Duties & ResponsibilitiesKey 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


Desired Experience & QualificationRequirements:

  • 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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