Reference: JHB007587-BB-1

Start in January/February 2025. A reputable electronics company based in Midrand is looking for a Financial Accountant. A BCom degree in Accounting or Financial Management, along with experience using SAP software is non-negotiable for this role.Duties & ResponsibilitiesRequirements:

• 3 - 5 years successful experience in a similar financial role
• In depth understanding of IFRS, accounting standards, and financial principles
• Skilled in maintaining a sound internal control environment
• Strong in interpreting complex financial data to provide actionable insights
• Extensive experience and knowledge of SAP
• Proficiency in Technology: MS Word, Excel, Teams, Outlook, Power BI, Business Objects & Automation software
• Knowledge/exposure to One Stream /Hyperion reporting systems would be advantageous
• Knowledge/exposure to CAMS/EFT payment systems (ABSA)
• Deliver reports that are accurate & within deadline
• Strong problem-solving skills and attention to detail
• Innovation and Creativity: Proactive in proposing new ideas to enhance processes, solve problems and follow through with the implementation
• Ability to work independently and cope with pressure
• Capability to communicate, both internally and externally, across all levels of hierarchy
• Fluent in English
• Motivational and Detail Oriented

Basic duties include, but are not limited to:

• Balance Sheet Reconciliations: Completion of all Balance Sheet reconciliations monthly in accordance with Group deadlines
• Management Reporting: Preparation of the monthly management accounts (known as the Rolling Forecast). Completion of various Operating Company and Group reporting requirements including Monthly treasury reports, Quarterly and Biannually Tax, BEE financial reporting etc. Completion of Group Internal audits (Quarterly KCC reporting etc.) Provide insightful monthly financial analysis and recommendations to support business decision-making for each function and the monthly P/L variance analysis
• Completion of Statutory Returns: Reconciliation and completion of returns in respect of the following statutory charges; VAT, PAYE, UIF, Skills Development Levy, Workmen's Compensation
• Fixed Assets: Responsible for the maintenance of the fixed asset register and asset verification. Responsible for the reconciliation of the fixed asset register to the general ledger
• Stock: Responsible for the month end Stock reconciliation and clear all flags keeping a clean Stock Reconciliation file with no variances
• Collaborate with the Finance Manager to maintain a strong internal control environment
• Identify and implement innovative approaches to streamline financial processes and enhance efficiency
• Preparing the monthly salaries journal and all month-end journals
• Intercompany: Reconcile and confirm monthly the intercompany balances with Group. Exposure to foreign currency and export transactions
• Payments: Ensure all payments are authorised in accordance with the delegation of authority. Ensure all payments are supported with appropriate documentation. Ensure all payments are correctly allocated and authorised
• Bank Account: Maintain relationships with the bankers. Oversee offshore payment process and treasury management. Coordinate travel funds for all international travel. Send documentation to the bank for incoming Export payments. Updating annual ECA (Exchange Control Application) and Insurance documentation. Maintain updated bank mandates with our bankers and Group Treasury
• Cost control: Departmental reporting of cost variances. Reviewing PRs prior release to ensure they are recorded accurately and within budget

Package & RemunerationR45K - R55K Monthly Basic Salary + Benefits