Junior Accountant | OLIVEDALE

Experience & knowledge required
- 3 years’ experience in a similar role
- High proficiency in MS Excel (Vlookups and Pivot tables)
and PowerPoint
- Proficiency in Xero accounting software
(advantageous)

Minimum qualification
- Accounting diploma or similar (preferred)

Job responsibilities
A broad variety of bookkeeping and accounting tasks
including:
- Maintaining financial records according to IFRS principles, including the preparation of journal entries, asset depreciation schedules, accounts payable, accounts receivable, cash management, and reconciliation of bank statements and other general ledger accounts
- Applying strong accounting skills, including accounts payable, accounts receivable, journal entries, and all bookkeeping through financial statement preparation
- Participating in activities needed to support the management functions of the team

Account Receivable:
- Onboarding and maintenance of client details
- Issue of monthly and ad-hoc invoices, credit notes and statements to clients
- Relevant debt collection activities to ensure that all
debt is collected without delay
- Assist with the completion of supplier documents for
client's as necessary
- Submission of relevant company documents to client's as and when requested, such as:
o Company registration documents
o B-BBEE certificate / affidavit
o Tax clearance certificate
- Perform monthly and ad-hoc debtor reconciliations
- Maintain debtor days within the company targets through effective debt collection activities
- Maintain the debtors age analysis

Account Payable:
- Onboarding and maintenance of supplier details
- Processing of all invoices and credit notes received from suppliers
- Obtain and capture completed supplier documents
- Obtain and file all relevant supplier documents, such as:
o Company registration documents
o B-BBEE certificate / affidavit
o Tax clearance certificate
o Proof of banking details
- Perform monthly and ad-hoc creditor reconciliations
- Prepare payment advices as necessary
- Maintain the creditors age analysis

Banking and Cash Management:
- Administration of all bank accounts
- Ensure internal approval of payments in accordance with relevant mandates on behalf of the company, monitoring accurate information recorded on the payment documents
- Assist in forecasting cash flow positions, related borrowing needs and available funds for investment
- Maintain banking relationships as relevant
- Reconcile bank and investment account transactions daily on the accounting system
- Perform monthly bank reconciliations

Fixed Asset Management:
- Maintain the fixed asset registers
- Perform audits of fixed assets
- Calculate the monthly depreciation based on the residual value and useful life of the relevant assets
- Perform monthly and ad-hoc fixed asset reconciliations
- Disposal of fixed asset - facilitate and appropriately process the disposal of fixed assets as and when required
- Acquisition of fixed assets - facilitate and appropriately
record and process the acquisition cost of new assets

Financial Analysis:
- Assist in creating analyses and reports as requested by management
- Working with team leaders and/or management to generate financial reports that deliver relevant financial management information to support the business and the relevant teams

Compliance and Governance:
- Assist in the preparation of all statutory submissions including Income Tax, VAT and Payroll submissions (i.e. EMP501, EMP201)
o Preparation of calculations
o Assistance with SARS queries/correspondence
- Maintain a working knowledge of relevant IFRS, tax and other fields of expertise
- Keep updated with relevant legislation and regulations
- Ensure compliance to applicable company policies and procedures, legislation, accounting and tax requirements

Internal and external Audit:
- Prepare all relevant supporting information for the annual external audit and liaise with the external auditors as necessary
- Prepare all relevant supporting information for internal
audits as necessary

Clerical:
- Maintaining files and archiving records
- Contacting and maintaining relationships with clients and vendors
- Administrative support as required

Other (operational) support
- All Group related entities, which currently includes, but is not limited to:
o UK Holding Company
o UK Operational Company
o US Operational Company
o SA Operational Company
o SA Development Company
o B-BBEE Investment Holding Company
o Investment Holding Company
o Main Shareholder’s Operational Company

The candidate understands and accepts that the structure
changes from time to time.