Accountant Member Accounts

SUMMARY:
Accountant Member Accounts Bellville R43800

POSITION INFO:

Accountant

Overall KRAs

Deliver Accurate Results - Produce error-free financials through strong controls and reconciliations.

Shine a Light on Financial Performance - Enhance visibility of financial health through timely and insightful reporting.

Maintain Robust Control Environment - Ensures financial integrity, mitigates risk, strengthens compliance, and safeguards business assets-enabling  sustainable business performance

Comply with Regulatory Requirements - Ensure adherence to financial and organizational regulations, policies, and audits.

Support Decision-Making - Provide reliable data to guide strategic choices and risk mitigation.

1. 1.     Position Overview

Qualifications                                      Relevant BCom Degree with Accounting

Experience            5 years' experience in an accounting role.

2 - 3 years' experience managing a team would be advantageous.

Experience in cash and debtors' management

Experience in dealing with customer queries

After Hours Support / Standby Yes

Knowledge            Accounting Knowledge

Accounting systems

Microsoft suite with advanced MS Excel skills

Reconciling of numerical data

Purpose

1. 2.     Job Requirements - Functional Duties and Responsibilities

Key Responsibility Areas                                                                                                                         Responsibilities   Key Performance Indicators

• Financial Management and Reconciliation    Oversee the work of the Consultants|: Member Accounts and Member Accounts Clerk - daily allocation and reconciliation of funds.
• Perform reconciliations of merchant settlement accounts to bank statements and GL daily.
• Perform reconciliations of all member receipts monthly.
• Reconciling of member rewards.
  • Monthly reporting of member balances                 Achieve 100% accuracy in daily fund allocation and reconciliation.
  • Complete daily reconciliations of merchant settlement accounts to bank statements and GL with zero discrepancies.
  • Ensure X% completion of monthly reconciliations of member receipts.
    • Member Accounts and Queries            Address and resolve any discrepancies or issues related to member balances.
    • Assist in solving queries on member accounts, including refunds.
    • Upload monthly rewards on member accounts and creating banking files
      • Administrate the member rewards system, ensuring rewards are accurately and timeously calculated, payouts are concluded as agreed and reporting requirements adhered to.          Successfully upload monthly rewards and create banking files without errors by the 5th of each month.
      • Maintain a 99% accuracy rate in calculating and distributing member rewards.
        • Financial Controls and Reporting       Design and implement internal controls to ensure accuracy of members balances.
        • Review and improve financial controls including inputs as subject matter expert on projects.
        • Ensure responsibilities are executed in line with defined standards.
          • Report trends on the member accounts to provide soundful information on the performance of the members for stakeholders' decisions.     Implement/update financial controls annually to enhance accuracy and efficiency.
          • Provide accurate monthly reports on member balances and trends by the X of each month.
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