Our clients reserves the right not to make an appointment. In considering candidates for appointment into advertised posts, preference will be accorded to persons from a designated group in accordance with the approved Employment Equity Plan.
Financial Accountant
(Financial Accountant)
Overview
Reference
Financial Accountant
Salary
ZAR/month
Job Location
- South Africa -- City of Cape Town -- Cape Town
Job Type
Permanent
Posted
30 May 2024
Our client is looking for a Financial Accountant to join their team.
Responsibilities:
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To ensure the Financial Accountant function is managed efficiently by:
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Supporting the Finance Department through the collection, processing, recording, reconciliation and reporting of financial data.
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Verifying the validity, completeness and accuracy of source documentation.
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Sifting through large amounts of information to quickly determine relevant facts and figures for decision making.
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Build and maintain sound business relationship with:
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Fellow Finance Team (Credit Control, Accounting and Finance Manager)
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Other departments and senior management; and
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3rd Parties (SARS, auditors, consultants).
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Assist with year-end statutory audit.
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Adhere to month-end timetable accounting deadlines;
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Take ownership of the following accounting functions:
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Trade promotion which involves full GTN (gross to net) process, releasing accruals and rebates
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Rebates (in line with customer trading terms)
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Internal orders on SAP
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VAT monthly submission and maintenance
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Monthly Inter-company COGNOS reporting.
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Revaluation of foreign bank accounts
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Preparation of monthly trade promotion, markdown and rebates in Accounts Receivable reports.
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Prepare monthly reconciliation for destructions and donations.
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Compiling valid, complete and accurate balance sheet reconciliations:
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Present balance sheet reconciliations to Head of Corporate Finance; and
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Follow up on reconciling items.
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Manage Prepayments & Display COGS
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Monthly preparation of recurring journals setup and release
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Managing price changes on SAP for NPD’s (New product development)
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Maintain SA Reserve Bank Relationship which includes preparing applications and import undertakings
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Supporting with maintaining internal control – LICS (including Retail LICS)
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Assist with SARS Audits – VAT, Tax, Customs, EMP
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Assist with annual external audit preparations
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Assist with annual financial statement preparations
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Assist the Head of Corporate Finance in forecasting, budgeting and month-end reporting process and any other ad-hoc requests in line with business requirements
Key Skills:
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Excellent interpersonal and communication skills.
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Able to influence and communicate clearly at all levels.
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Methodical and structured approach to tasks.
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High flexibility and self-managed.
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Reliable, loyal, trustworthy and honest.
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Able to grow with the level of responsibilities.
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Good leadership skills and passion for work.
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Understand the rationale behind doing tasks and risks involved in Financial Accounting areas.
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Use equipment and software available, in the most time effective way to complete day to day activities.
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Highly numerate with excellent analytical skills and attention to detail.
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Advanced MS Excel skills, SAP experience considered to be a distinctive advantage.
Qualificatons:
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B.Com Degree in Accounting or Financial Management.
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A minimum of three years working experience in Financial Accounting, preferably in a multinational FMCG environment.
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