Senior Accountant

SUMMARY:
-

POSITION INFO:

Senior Accountant

Introduction

An exclusive homeware company situated in Randburg is seeking to employ a dynamic Senior Accountant to join their versatile team.

Job Purpose

• In an overall sense, the person in this role is responsible to ensure accurate and timeous reporting in the financial accounting and supporting systems.
• Also responsible for statuary submissions and payments to third parties. Taking ownership and implementing of various controls to safeguard the integrity of our financial records.
• It is very important to deliver a high standard of work that is accurate and on time.
• Missing any deadlines is not permitted, except if there are valid reasons communicated a few days in advance verbally and via email. The reason will be evaluated by the Financial Manager who will reply via email to give confirmation as to whether the reason is accepted or not.

Qualifications & Experience

Qualifications

• BCom in Accounting, Finance or equivalent
• A. Citizen or valid work permit for S.A.
• SAIPA registration will be an advantage

Skills and Experience

• MS Office knowledge
• Awareness of Company policies and procedures
• Understand business ethics and values
• Understand Company structure and reporting lines
• Proficient in English
• Organisation and interpersonal skills
• Ability to work to tight deadlines
• Proven experience as a Financial Controller, Accounting Supervisor, chief or senior accountant
• Thorough knowledge of basic accounting procedures
• In-depth understanding of Generally Accepted Accounting Principles (GAAP)
• Awareness of business trends
• Familiarity with financial accounting statements
• Experience with general ledger functions and the month-end/year-end close process
• Hands-on experience with accounting software packages
• Advanced MS Excel skills including Vlookups and pivot tables
• Accuracy and attention to detail
• Aptitude for numbers and quantitative skills

Key Performance Areas

Work output 1: Month End

• By the 15th of the month the following must be done:
• Depreciation
• Interest on loan accounts
• Sales Journals for Botswana and Namibia
• Salary and commission journals
• Purchase journals
• Inter Company Loans
• Ensure provident fund is reconciled, submitted and paid
• Reconcile Medical Aid
• Submit VAT – RSA monthly; Namibia and Botswana every second month
• Complete PAYE returns and pay over to relevant Tax Authority (RSA, Namibia, Botswana)
• Complete Import VAT return and pay relevant Tax Authority (Namibia)
• Manage Kintetsu Account (Supplier Account)
• Manage Desert Trust Account (Botswana)
• Sign off reconciliations

Work output 2: Reporting

• Cashbook to be reconciled and signed off by the 7th of each month.
• Retail survey to STATS RSA by 10th of each month
• Reports to CEO completed by 7th of each month
• Sign off finance staff cashbooks and petty cash weekly
• Budgeting and forecasting

Work output 3: Reconciliations

• Between the 14th and 18th of each month, the following must be done:
• Monthly reconciliations on GL Control Accounts for all companies as per allocation
• Identify and resolve queries as identified during reconciliations
• Any other reconciliation allocated by Financial Manager
• Provident Fund reconciliation
• Medical Aid reconciliation
• Sign off finance staff reconciliations

Work output 4: Salaries

• Salaries are to be paid on the 25th of each month:
• Prepare and collect information to be sent to Taxlex by due date (as per agreement with Taxlex)
• Purchases, loans, mashonisa, subs, stokvel, overtime, short time and ad hoc deductions to be determined.
• Make sure information sent to Taxlex is correct
• Make sure Medical Aid deductions agree with report from Discovery
• Ensue Provident Fund deductions agree with Momentum Report
• Check reports when received back from Taxlex

Work output 5: Commissions

• Commissions to be paid by the 5th of each month
• Prepare and collect information to be sent to be sent to Taxlex, by due date (as per agreement with Taxlex)
• Purchases, advances, interest on advances, overriding, commissions to be captured on Excel Spreadsheet
• Deductions to be determined

Work output 6: Other Daily Tasks

Daily:

• Bank balances to management
• Update cashflow forecast
• Authorise payments – check accuracy of payment

Annually:

• Renewal of Trading Licenses (Botswana, Namibia & Swaziland)

Work output 5: Ad Hoc Tasks

From time to time the manager will request that the employee performs ad hoc tasks that do not form part of items listed 1 – 6. It is important that these tasks are executed in the expected time allocated and all relevant parties are kept up to date with the progress:

• Audits
• Filing – must be kept up to date weekly in a manner so that documents can be found easily
• Handle queries from any other department

Remuneration

Market related

NB! This job is now closed. You can apply for other jobs by uploading your CV.