Financial Accountant (Senior)

Vacancy Details
Employer:
Other Roles
Confidentialhas an exciting opportunity available for a Financial Accountant (Senior) to be based in Umhlanga.
Minimum Confidentialuirements:
Completion of SAICA accredited articles
2 Years commercial experience
Pas--- Evolution (or similar software)
Microsoft Office
Confidentialponsibilities:
Financial metrics
Preparation of annual budgets.
Preparation/Confidentialiew of monthly management accounts including analysis/commentary.
Preparation/Confidentialiew of the annual financial statements.
Preparation/Confidentialiew of monthly working paper files and high
- Risk balance sheet Confidentialonciliations.
Ensure routine transactions (expenses, asset purchases, cash book entries, sales etc. ) are processed timeously by junior team members.
Preparation/Confidentialiew of non
- Routine transaction (depreciation, impairments, provisions, finance costs/income, discounting, lease straight
- Ling, management fees, administration fees etc. ) and complex transactions
Confidentialiew of and approval of payment, together with accurate capturing of invoices in the accounting system, ensuring IFRS and tax compliance.
Confidentialiew of annual tax computations.
Timeous preparation and payment provisional taxation payments.
Confidentialiew of the monthly VAT and Payroll Confidentialurns.
Timeous settlement of inter
- Company trade accounts, loan accounts, shareholder loans, bank loans, bank facilities, creditors, SARS (Income Tax, PAYE, VAT) in line with agreed payment terms.
Ensure that all inter
- Company balances are Confidentialonciled monthly.
Timeous collection of loans Confidentialeivable, inter
- Company trade accounts and trade debtors.
Effective management of working capital. (Assist in the continuous improvement in supplier terms and customer terms).
Effective tax planning and cash flow management.
Identification of control weakness, designing of internal controls and implementation thereof.
Timeous corrective action against internal audit and external audit findings.
Adequate provisioning of impairments on stock (slow moving, damaged, loss of market share, obsolete, expired, NRV <
cost), debtors (long outstanding, close to credit limit, defaulting terms, disputes etc. ), tangible (damaged, not in use, loss making, loss of market share etc. ) and intangible assets (Confidentialutation damage, loss making, loss of market share).
Confidentialssessment of useful lives, depreciation methods and Confidentialidual values for tangible and intangible assets quarterly.
Confidentialiew of profit and loss on asset disposals transactions.
Confidentialiew of general ledger transactions monthly to confirm accurate account allocations, IFRS compliance between capital and expense nature tractions and taxations compliance.
Ensure annual stock take is performed (including monthly/quarterly as dictated by company policy).
Confidentialiew of stock count variances.
Confidentialiew and approval of consignment stock listings.
Confidentialiew and approval of petty cash expenses.
Confidentialiew all loan, creditors, facility, instalment sales Confidentialonciliations to external statements.
Confidentialiew and approve accruals ( test estimation accuracy by Confidentialerence to trends and comparison of actual Confidentialults to previous estimates)
Ensure monthly standing debit orders (Confidentialt,insurance,,subscriptions etc. ) are processed.
Managing of operating costs.
On a quarterly basis - Execute a mini audit to test compliance with supplier payment terms, claiming of supplier Confidentialates at the correct % and claiming timeously, similarly for supplier settlement discounts and general discounts, similarly for customer Confidentialates and settlement discounts and general discounts, validity/Confidentialevance of debit orders, use of correct interest rates, wear and tear rates, depreciation rates. Confidentialain proof of work that will be submitted to Group FM for approval.
Ensure logical saving of all work, templates, etc. Monthly and yearly such that each years financial Confidentialords can stand on its own when enquiries/ investigations/audits take place.
Assist the BEE project team to ensure the improvement and sustenance of the companys BEE score.
Optimization of the companys financial position and financial performance.
Liaise with the various departments and Confidentialional/operational managers to ensure efficient Confidentialorting.
Liaison with external auditors during interim and year end audit to ensure all queries are Confidentialponded to.
Minimise audit overruns by ensuring diligent preparation of audit files/compliance with auditor Confidentialuests.
Support the GFM and CFO and CEO with specific projects and Confidentialorts and data extractions.
Assist the GFM and CFO and CEO with building financial models/billing models/project costing.
Ensure appropriate templates and models are created and saved to substantiate decision making.
Any other ad hoc tasks as they arise.
People
Living HW values of Service Excellence, Commitment, Integrity, Accountability, Enthusiasm, Ubuntu and Innovation.
Direct supervision and mentoring of the junior finance team.
Creation and maintenance of roles and job descriptions and KPIs for your direct Confidentialort subordinates, including annual performance Confidentialiews.
Sourcing, attendance and performance ofConfidential as and when needed for staff.
Adequate Confidentialognition of staff efforts.
Sustainable morale and team building initiatives.
Talent Confidentialention.
Promote declaration of all gifts and non
- Acceptance of kickbacks. Instances to be Confidentialorted immedia---y
Promote declaration all conflicts of interest upfront.
Promote a culture of Confidentialy within the business with Confidentialards to the protection of personal information.
Ensure all personal information of loan applicants and suppliers and other stakeholders is not shared and is maintained in a secure environment.
Skills and Competencies:
Must be able to identify, analyse, organize and solve problems and issues in a timely and effective manner.
Impressive planning, organisational, project management and time management skills.
Must be able to take accountability.
Must show strong leadership skills.
Must be able to take initiative.
Must be Confidentialults oriented.