Financial Accountant

Durban, ZN, ZA, South Africa

Job Description

Purpose of the Role



Responsible for applying accepted accounting principles and procedures in the preparation of accurate and timely financial information that is required for sound economic decision-making.



Assist with enforcing and monitoring compliance with company-wide policies and procedures



Key Responsibilities



Financial & Other reporting requirements



o Key role player to the month-end close process, including supervising & reviewing inputs prepared by the Assistant Accountant to ensure correct cost allocation, accurate and timely preparation of monthly management accounts, and other financial reporting schedules and analyses.



o Review the following monthly to ensure the accuracy & completeness thereof:



general ledger reconciliations, including fixed assets.



module reconciliations.



o Update the monthly cost report and analyse variances from the budget and latest forecast. Coordinate monthly cost review meetings to discuss variances with the various cost centre owners.



o Responsible for the preparation of the financial information required for the periodic forecast and annual budget, in line with the THL guidelines.



Preparation of the interim and year-end financial reporting packs (including the tax computation), ensuring compliance with accounting policies, IFRS, and applicable legislation.



Financial & Other reporting requirements (continued)



o Liaise with external auditors.



o Prepare weekly cash flow projections to ensure effective cash flow management.



o Prepare the year-end tax pack required for completion of the Tongaat Hulett Limited tax return.



o Timely preparation and submission of the Annual Insurance Declaration.



o Preparation of consolidated Statistical returns for the SA Sugar operations & submission thereof.



Internal controls and system enhancements



o Implement and maintain standards and systems of internal control.



o On a monthly basis, review SAP exception reports.



o Liaise with internal auditors and ensure implementation of effective controls following audit findings and recommendations of the auditors, where applicable.



Management, Leadership, Team and Personal Development



o Coach and develop the direct report team to ensure that they have the appropriate skills and knowledge to perform their responsibilities.



o Commit to personal development and training for individual and team needs, ensuring development plans and annual KPA reviews are in place for each individual.



o Work in a team spirit to further drive the functions and business needs.



General



o To comprehend, comply with, implement and take your responsible part in all security policies, procedures, manuals, applicable to Head Office.



o The role is broad and varied and ad hoc work may be required.



Qualifications, Competencies & Experience



B Comm degree (completed)



3 to 5 years of supervisory experience



Strong interpersonal and good communication skills for interacting with support staff and other internal and external parties.



Good planning, excellent time management and organisational skills to balance and prioritise work.



Attention to detail and high level of accuracy.



Deadline-orientated.



Excellent analytical and problem-solving skills.



Perform under pressure, flexibility and quick turnaround time.



Ability to work independently and co-operatively with others in a team environment to establish, build and maintain positive work relationships and to ensure deadlines, goals and objectives are met.



SAP experience would be an advantage.



Strong understanding of IFRS



Strong computer skills. Must be proficient in MS Excel.



Closing Date :

Wednesday, 29 October 2025.

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Job Detail

  • Job Id
    JD1566295
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Durban, ZN, ZA, South Africa
  • Education
    Not mentioned