Financial Accountant

Responsibilities

• Responsible for day to financial accounting and compliance of the business

• Approval of EFT Payments done by the Branch Bookkeeper
• Approval and Review of the following:
  • Bank Reconciliations
  • Petty Cash Reconciliations (Weekly)
  • Journal Entries
  • Assist with stock reconciliations and stock count procedures
  • Prepare Monthly Petty Cash Reconciliations
  • Processing of month-end/ year-end journal entries
  • Preparation of Monthly Intercompany Accounts Balances and Transactions Working Papers
  • General Ledger / Reconciliations
  • Prepare month/year-end cut-off procedures to ensure that the sales and purchases are accounted for in the correct period
  • Prepare and reconcile the following–
    • Intercompany Balances (Loan, Customer, and Supplier) and Transactions (Sales, Purchases, Processing Costs)
    • Preparation of Intercompany Balances and Transactions Confirmations (As part of the Interim and Yearend Audit Procedures)
    • Prepaid Expenses
    • Accruals
    • Compiling of monthly and Yearend Audit Files (Both Electronic and Hard Copy) this file includes the following Working Papers:
      • Reconciliations for all Balance Sheet Items and all major Income Statement Items
      • Lead Schedules/AFS Disclosure Reconciliations of all Balance Sheet Items
      • Journal Entry Working Paper – all journal entries documented in detail and split between the different users
      • Intercompany Account Balances and Transactions Confirmations
      • Accuracy and completeness of all duties
      • Liaising with Auditors

Requirements

• Grade 12/Matric

• BCompt Accounting degree is non-negotiable
• Must have completed SAICA Articles
• Must have 3 – 5 years post articles experience
• In-depth knowledge of full IFRS
• In-depth knowledge of the Income Tax and VAT Act
• Knowledge of the Second-Hand Goods Act would be beneficial
• A good all-round knowledge of inventory
• Advanced computer literacy (Microsoft Office, Pastel Partner, VIP, Lariat/Recycle Prox)
• Good interpersonal and communication skills
• 5 years + Pastel Partner experience is preferred
• Salary is dependent on experience and related skillset

• SA citizens only