Financial Accountant, Durban

Our client, a leader in the retail industry is seeking a highly experienced Financial Accountant to join their team based in Durban 

MINIMUM REQIREMENTS 

• Bachelor's degree in Commerce or Finance.
• CA(SA) advantageous.
• A minimum of 5 years' experience in a similar position.
• Retail industry experience.
• Proficiency in related computer applications including SAP (advantageous), MS Office (intermediate level).

MAIN JOB FUNCTIONS 

• Management of the monthly general ledger close process.
• Completion of monthly and ad hoc journal entries and review of general ledger team journal entries.
• Completion and review of balance sheet recons.
• Preparation and compilation of budget and forecast reports.
• Monthly reporting and commentary of financial status per cost centre to
  management.
• Monthly reporting on key items.
• Tracking of monthly results per cost centre against budget and prior year.
• Daily cash flow forecasting and budgeting.
• Interim and year-end reporting including IFRS journal processing, monitoring of accruals and reporting pack completion.
• Administer and control accounting procedures.
• Develop financial policies and parameters.
• Ensure statutory compliance to the auditors' satisfaction.
• Manage and control bank accounts, and petty cash.
• Manage company assets.
• Assist with ad hoc projects and technical research areas.
• Staff management (team of approximately 6 people) and cross departmental Engagement.
• Co-ordination of general ledger, debtors and creditors teams.
• Identifying areas of inefficiencies in processes and implementation of continuous improvement practices.
• Project oversight and implementation.