Financial Accountant, Durban

Purpose of the role: The incumbent will be responsible for reporting and consolidations for the business, provide direction and support to regions and finance activities, provide value adding feedback and information to enable decisions and highlight areas of importance, at all times ensuring strict compliance with accounting policies, standards and proper maintenance of accounting records.

Main Duties and Responsibilities:

Process all acquisitions and disposals into asset management system and review related tax and accounting information

Prepare FAR and reconciliation of assets

Review of WIP

Prepare and submit tax returns (provisional/income tax)

Financial analysis, review and conclusions

Prepare and verify payments to SARS

Prepare VAT return, VAT reconciliations and assist where required to resolve differences

Improving BBBEE status– by facilitating enterprise development and improving non‑compliant spend

Facilitating BEE audit

Prepare finance risk profile and develop plans to reduce and minimise

Ensure stock takes are properly undertaken and the results reviewed and reported based on an internal control aspect

Ensure that all purchasing procedures and authority limits set out in the approval framework are adhered to

Collating, preparing and interpreting reports, budgets, accounts, financial statements and providing and interpreting financial information

Producing accurate financial reports to specific deadlines to regions, Bidvest and Board

Prepare financial and regulatory reports required by laws, regulations and boards of directors

Keeping abreast and reporting changes in financial regulations and legislation

Preparation of quarterly reporting including Audit committee, BBBEE, Risk and Sustainability to Bidvest as well as Board pack

Monthly monitoring and collation of sustainability data and support STATS SA reporting

Review of customer onboarding workflows and opening of accounts

Manage resolution requests with Company Secretary and internally

Supplier takeon and processing in Head Office

Monitor BBBEE certificate compliance for suppliers

Setup templates for regions and head office

Adhoc finance projects

All other adhoc reporting as required by the Financial Director and Bidvest

Review of regional quarterly year end schedules

Responsible for oversight of head office month end process and reporting

Preparation of year end accounting and tax pack

Assisting the regions to prepare and present their annual budgets to management

Preparation of Head Office Budget

Preparing the budget upload files for submission on Bidvest system (Oracle)

Preparation of consolidated and regional budget templates

Detailed first level review of national budgets

Administrator of budget system (IDU), ensuring ongoing maintenance of the system and setup of quarterly and annual forecasts as well as annual budgets

Assist regional finance teams with queries

Developing and managing financial systems/models

Capture cash book entries and reconcile to the ledger weekly and monthly

Preparation of daily cash reporting and consolidation

Uploading of bank statements onto workflow system

Load EFT batches where required and capture payment batches in Accpac where required

Processing of creditors invoices where required

Facilitate and manage external and internal financial audits, including queries

Perform adhoc tasks allocated by the Financial Director

Processing of general ledger reconciliations for HOF

Review of general ledger reconciliations for other regions

Processing journal entries, orders, creditors reconciliations and payments

Review of creditors reconciliations and payments

Conduct national finance training

Submission of workmens compensation return of earnings online

Review of monthly VAT 201 and EMP 201 returns

Preparation of annual finance deadlines

Consolidation and submission of insurance declarations to Bidvest on a quarterly and annual basis, including preparation of head office components

Attending to adhoc Bidvest tax department requests

Preparation of lease schedules

Month end consolidations and reporting to Exco and Bidvest

Oversee national projects to improve processes in Finance, Operations,

Payroll and other areas of the business that link into Finance

Automation of business processes

SARS adhoc third party payments

Collaborate and work closely with the Head Office Accountant to drive change and improvement in Finance

Monitor and Review key risk areas in the business including, but not limited to Customs and bond, Revenue, Disbursements, Rates, Billings,

Collections and Payments Year on year review of revenue and expenses to identify gaps

Financial dashboards with key indicators for various areas of the business driving key financial information

Powerpoint presentations for FD and Exco

Management of forex banking portfolio, review of related revenue and margins nationally

National financial audits

Monitoring of non financial processes and providing related key stats to enhance business visibility and improvement such as claims processing and related reporting, including turnaround timing, productivity stats in relation to financial information, other key operational areas with financial impact and non-financial impact, value adding to the business

Adhoc– the above is not a full list of roles and responsibilities which would be managed and additional tasks would be assigned as required

Minimum Requirements

CA(SA)

Postgraduate diploma in Accounting/Honours– BComm Accounting

2 years experience in a similar role

Articles with Big Four firm.

Systems The following systems experience will be advantageous:

K2 Workflow

Accpac

Sage 300 payroll

Sage ESS Leave

IDU Budget Software

Oracle (Hyperion)

Skills, Knowledge and Competencies Required

Strong communication skills

Strong computer skills, Excellent Excel skills

Strong IFRS knowledge

Good understanding of deferred tax and normal tax

Ability to work and make decisions under rapidly changing and pressurised circumstances

Strong attention to detail and accuracy

Responsible and accountable

Strategic thinking

Ability to work in a collaborative team/environment with the ability to work independently

Self-motivated to learn new concepts and participate in new projects

Should you apply and have no feedback within 2 weeks please take your application as unsuccessful.

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