Financial Accountant

Johannesburg, Gauteng, South Africa

Job Description


The Financial Accountant is responsible for monitoring and reporting on the companyxe2x80x99s financial operations. This includes financial planning and analysis, accounting (journal entry, reconciliations and reporting), tax, treasury, and internal controls.

Key Responsibilities:

  • Oversee all financial reporting and accounting processes, ensuring accuracy and compliance with financial regulations and reporting standards.
  • Maintain financial policies, financial internal controls and procedures, and monitor their effectiveness.
  • Assist in internal and external audits by providing documentation, explanations, and analysis related to costs, ensuring compliance with audit requirements and regulatory requirements.
  • Manage the preparation of budgets, financial projections, and other financial reports, and provide regular updates on financial performance to key stakeholders.
  • Prepare accurate and timely financial reports to support decision making by management.
  • Ensure compliance with all tax regulations.
  • Provide operational support to business units and support functions.
  • Monitor the companyxe2x80x99s cash flow and optimize interest.
  • Conduct detailed analysis of financial data to identify cost-saving opportunities, inefficiencies, and areas for improvement within the companyxe2x80x99s operations.
  • Oversee inventory valuation, reconciliation, and control processes to ensure accurate financial reporting.
  • Analyse and interpret variances between actual and budgeted costs, investigation reasons for discrepancies and recommending corrective actions as necessary.
  • Implement cost control measures to optimize operational efficiency, reduce production costs and maximise profitability.
  • Collaborate with cross-functional teams to identify opportunities for process improvements and cost reduction initiatives, driving continuous improvement efforts across the company.
  • Prepare annual financial statements.
Qualifications and Experience:
  • BCom degree.
  • Minimum 5 yearsxe2x80x99 experience in similar role at a manufacturing business.
  • SAP or similar ERP experience.

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Job Detail

  • Job Id
    JD1300889
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned