Job Description

A well known company within the financial industry with a national footprint requires the duties of an accountant.
Your Degree in Accounting or equivalent (BCom or BCompt (Acc)), as well as

• Accountant I Completed articles or 5 years experience in bookkeeping/ accounting function
• Accountant II Completed articles and 3 years experience in bookkeeping or accounting function OR 8 years experience in bookkeeping/ accounting function

will enable you to:
Procurement and suppliers:

• Responsible for reviewing of primary source documents
• Responsible for ensuring adherence to the Group's policies, procedures, budget limits and Levels of Authority regarding goods and services procured
• Responsible for completing "checks" on completeness of supporting documentation maintained
• Responsible for ensuring that supplier payment terms are monitored and enforced
• Assists in other areas where required

General accounting records and reconciliations:

• Reviews cash books and bank reconciliations
• Reviews supplier reconciliations
• Reviews the fixed asset registers
• Processes non-routine/complex journal entries (including those requested by Group) and reviews journal entries posted by bookkeeper
• Prepares balance sheet reconciliation schedules for account balances and reviews schedules prepared by bookkeeper and to ensure that the balance sheet is appropriately reconciled
• Primarily responsible for the validity, accuracy and completeness of transactions processed in the accounting records in a consistent manner
• Responsible for the accuracy and completeness of intercompany and related party transactions and balances confirmed on intercompany transaction schedules and confirmations
• Responsible for preparing calculations where required of amounts recognised in the accounting records
• Prepares/reviews Payroll information with supporting documentation
• Reviews instruction received from Group in relation to specific entity and ensures instruction is relevant, accurate and understood before actioning
• Prepares/Reviews the age analysis for customer and suppliers to ensure validity, accuracy and completeness and follows up variances timeously
• Assists in other areas where required

Management information:

• Responsible for preparing accurate management accounts, including the update of forecasts, monthly cash flow and all supporting schedules timeously
• Responsible for preparing an accurate budget, including the update of forecasts and all supporting schedules timeously
• Prepares and maintains all other management information requested by the executive management team
• Develops management information reporting templates
• Assists in other areas where required

Sales function:

• Prepares and maintains calculations for revenue generated (including supporting documentation)
• Performs checks on inputs used for system generated revenue calculations to approved sources (agreements etc)
• Performs checks on inputs used for system generated revenue calculations to approved sources (agreements etc)
• Responsible for the collection of outstanding amounts due from customers
• Updates and maintains summaries of Assets Under including movements
• Assists in other areas where required

Treasury and financial soundness:

• Reviews functions performed by the bookkeeper
• Takes ownership of the validity, accuracy and completeness of the weekly and long-term cash flow preparation in line with the required timelines
• Prepares calculations to monitor financial soundness requirements for current and future periods (liquidity, cash holdings, CAR & solvency)
• May be required to be a releaser of payments and beneficiaries on the banking platform
• Assists in other areas where required

Taxation:

• Prepares the VAT reconciliation and working papers including reasonability of VAT declared
• Maintains reconciliation of balances owing to(by) SARS for all balances due
• Prepares the tax computation for monthly reporting and the annual financial statements
• Prepared DWT returns for submission
• Ensures that all audit queries are addressed timely and that valid tax clearance is maintained at all times
• Ensures that payment for all tax types are paid within the prescribed timeframes
• Assists in other areas where required

Audit and year-end:

• Primarily responsible for providing all information to the auditors and Group management timeously
• Preparation of annual financial statements

Budgets:

• Preparation of yearly budgets for allocated entities
• Assist in the preparation of support area budgets

Special projects:

• Is primarily responsible for the execution and day-to-day monitoring of the project

Strategic and other areas:

• Participates in meetings
• More detailed to complex communications required
• Decision making requires thorough analysis of best practice and research
• Subject matter knowledge is more detailed
• Collaborates and provides feedback for consideration of policies and strategy
• Limited negotiation with peers and subordinates
• Presents/trains peers and subordinates
• Assists in other areas where required