Financial Accountant
Finance
KwaZulu Natal – South Africa
Our client, a giant in their field, is a well-known South African listed company, has an exciting opportunity for a Financial Accountant to join their Durban team. You will be responsible for financial reporting for the entities in Uganda & Tanzania.
Requirements:
- Bachelor’s Degree in Finance-related
- Chartered Accountant
- Proficient in MS Excel with hands-on experience on Vlookup, Formulas, Pivot Tables
- 5 years’ experience working in Finance
- 2 years’ experience in SAP all Modules (AR / AP / R2R / Cash Allocation)
- Experience in a Logistics and/or Shipping environment will be an advantage
Key Performance Areas:
Financial Management:
- Responsible for overall financial process adhering to relevant instructions & guidelines
- Assist in month-end, interim, & year-end financial reporting
- Assist in coordinating & preparing year-end estimates & annual budgets
- Maintain accurate & up-to-date asset registers
- Prepare balance sheet reconciliations monthly for review & sign off by FM
- Assist in managing financial risks
Financial Administration:
- All financial & administrative processes & systems
- Assist in managing internal & external audit processes
- Assist in coordinating & maintaining all insurance related requirements & processes
- Ensure cost control & contracting
- Assist in preparation of board packs & coordinate with management companies
Manage Debtors:
- Process debtor journals
- Reconcile debtors control monthly
- Complete monthly revenue recon
- Monitor & report on effectiveness of query resolution in line with agreed KPIs
Manage Creditors:
- Ensure creditors reconciled to statement & paid on time
- Review creditor applications, including BBBEE status
Manage Bank Reconciliation & Cash Flow:
- Reconcile bank account daily
- Identify & track unreconciled items
- Daily cash flow management
Ensure Compliance with Relevant Legislation:
- Adheres to tax & accounting laws
- Adheres to all other relevant legislation
- Assist to ensure that quarterly tax computations are prepared & reviewed; income tax returns are filed & paid on time
- Contribute to ensure that AFS are completed within 3 months after year-end
- Ensure compliance with IFRS