Introduction
Dynamic company in the industrial sector and part of an international concern is looking for a Financial Accountant to join their team in January 2025 on a 1 year contract.

The Financial Accountant is responsible for tasks such as gathering and monitoring financial data, preparing statements (balance sheets and income statements), forecasting costs and revenues, managing statutory and other payments, assist with the external audit process, and provide accounting support to both South African and Foreign branches.

The ideal candidate will have a thorough understanding of accounting systems and the procedures which need to be in place to ensure the integrity of the financial data.
Duties & Responsibilities

Monthly duties

• Be able to guide branch coordinators on correct allocation of expenses and payments.
• Perform variance analysis at month end on the monthly income statement and raise enquiries where necessary (checks for cutoff/completeness/accuracy of expenses).
• Authorization of bank payments on bank system after agreeing payments loaded to supporting documentation.
• Assist foreign branch coordinators with the month end process (Provisions to be raised, prepayments to be allocated correctly etc.)
• Perform balance sheet and intercompany account reconciliations. Raise forex adjustment journals for foreign intercompany accounts.
• Checking and performing bank reconciliations and follow up on long outstanding items on the bank reconciliations. Some branches require more active involvement in the process of eliminating bank reconciliations entries. (Foreign branches)
• Deal with any accounting issues encountered at the branches. As this person will deal with staff at different skills levels, it is important that the candidate is able to meet the foreign staff members at their level.
• Process/checking of month end and ad hoc journals.
• Assist the financial manager in the preparation of the monthly management accounts.
• Handle Forex payment requests.
• Maintenance of the fixed asset register.

VAT/PAYE/WHT

• Ensure accuracy of statutory returns filed by reconciling to underlying accounting data.

Provisional tax

• Perform calculations for provisional tax submissions (foreign branches)

Debtors

• Pass customer adjustment entries where required.
• Process bad debt write off entries as per request.
• Be able to check and understand debtors' accounts.
• Calculate monthly bad debt provision for foreign branches.

Creditors

• Pass supplier adjustments entries where needed.
• Be able to check and understand creditors accounts and the reconciling thereoff.

Forecast and budgeting process

• Assist the financial manager during the quarterly forecast and annual budgeting process. Should have a good understanding of both forecasting and budgeting principles.

External audit process

• Provide reconciliations and address queries raised by external auditors
• Have a good understanding of the audit process.

Desired Experience & Qualification

• B.Com Degree, Honours will be advantageous
• 3-5 years financial accounting experience
• Deadline driven
• Excellent time management skills
• Attention to detail
• Team player
• Able to work without supervision
• Proficient in Microsoft Office

Package & Remuneration
R45K - R55K basic salary