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Accountant Umhlanga

Employer
Dynamic Outlook Pty Ltd
Location
South Africa Umhlanga, Durban ZA, South Africa
Salary
Competitive
Closing date
Feb 22, 2023

View more

Job Role
Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Our client in theoil and natural gas sector is looking for an Accountant to be based in Umhlanga, Durban.

  • Statutory Accounting


    • Responsible for generating the monthly Trial Balance (TB) for the Group
    • Reconciliation of TB to supporting schedules
    • Capture and/or supervise/review all invoices including those captured by the financial administrator. Loading of all creditor payments and ensuring that the Company policy and governance process is adhered to.
    • Preparing creditor reconciliations and creditor age analysis at least monthly
    • Preparing the monthly accruals reconciliation schedule which includes identifying any new accruals and reversals as required
    • Preparing the cost disclosure invoices monthly
    • Monitoring debtors receipts as per their credit terms, includes updating the schedule for debtors receipts, promptly flagging any late payments and follow ups.
    • Prepare all bank reconciliations monthly, including the petty cash and responsibility of disbursement of petty cash
    • Processing of all monthly journals including any calculations or schedules that are required.
    • Maintaining the journals, bank reconciliations, supplier and payment files
    • Prepare salary control reconciliation monthly
    • Update of closing stock and electricity compression accrual calculations on a monthly basis
    • Maintain and update the lease IFRS 16 schedule (including calculations, new leases, changes to leases) on a monthly basis.
    • Perform the loan impairment assessment in terms of IFRS 9
    • Perform the reassessment of useful lives at least on an annual basis
    • Completion of the CIPC annual check lists
    • Maintain, reconcile and updating the director fee schedule monthly and providing billing information to directors' offices.
    • Maintenance of the Fixed Asset Register including running the monthly depreciation calculations, capturing of asset additions and disposals
    • Preparation of the monthly VAT predictive schedules
    • Preparation and assisting with budget calculations, reporting and presentation as required. At a minimum, the accountant will be responsible to preparing the cash fixed cost budget for the group.
    • Analysis and provide reasons for cash fixed cost variances monthly for management accounts
    • Assisting in preparation of the financial report on a monthly basis
    • Preparation of the loan covenant compliance certificates, at least quarterly
    • Update the annual learnership forms / reports required for the annual tax return submission
    • Assisting the Finance Team with any adhoc queries, such IFRS research and adoption, tax research and any development and updates of governance processes.
    • Providing information to the Internal & External auditors as required.
    • Attending and providing feedback to the EE meetings


  • Office Administration


    • Submit skills development reports to the SETA annually.
    • Provide information used in the submission of the workplace skills reports, pivotal training plans.
    • Attend to any adhoc queries


  • Procurement and supplier payments


    • Responsible for ensuring all payments are paid timeously, accurately and in accordance with the governance process.
    • Updating and adding new suppliers to the master data system. Ensuring all the related supplier information has been obtained and that bank account verifications on supplier bank accounts are done.
    • Checking and ensuring all appropriate approvals have been obtained prior to capturing the invoice to the system
    • Follow up with procurers if there are any discrepancies prior to making payments
    • Member of the Procurement Committee and provide guidance in terms of BBBEE criteria.
    • Taking minutes at Procurement Committee meetings.


  • BBBEE


    • Responsible for capturing all BBBEE data on BBBEE software and record all BBBEE spend
    • Responsible for formulating the annual BBBEE plan, implementing and monitoring of the plan.
    • Responsible for collating and completing the BBBEE verification audit file timeously, and liaising with agent on as required
    • Keep updated with BBBEE codes and legislation and inform Management of any changes
    • Liaise with all suppliers regarding their latest BBBEE certificates and status
    • Attend and report back to the Social & Ethics Committee Meetings on relevant BBBEE related matters.
    • Update the learnership contracts and the maintenance of the stipend schedule
    • Liaise with various BBBEE Consultants for the implementation of the Enterprise and Supplier Development programme and facilitate disbursement of approved funds.
    • Ensure updated Loan agreement and/or grant agreements for Enterprise and Supplier Development are in place at all times.


    Qualifications

    Accountant Qualifications:
    • Bachelor's degree in Commerce
    • At least 5 years relevant accounting experience
    • BBBEE experience is advantageous


    R43K

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