Accountant

About the position

Our client, a well know entity within the retail industry, is looking for an experienced Accountant to join their team.

Responsibilities include:

• Reconciling debtors and PayGate/Pay-Just-Now payments
• Sending purchase invoices to Xero
• Ensuring all GRV's are completed
• Daily Bookkeeping up to Trial Balance
• Checking banking and reconciling cash up reports
• Managing debtors queries and settlement discounts
• Providing bank with timeously shipping documents and invoices matched to incoming forex payments for bank release
• GRV: Ensure that shipments are correctly referenced to supplier statements
• Reconciling bank accounts, loan accounts, and creditors, including forex payments
• Reviewing and processing Exception Reports
• Check GP% and notifying management of material variances
• Checking price lists to ensure that inputs are correct
• Keeping monthly payment schedule up-to-date
• Loading creditor payments
• Payroll function, including submission of PAYE to SARS
• Calculating royalties in accordance with royalties agreements
• Intercompany reconciliations (inventory transfers, loan accounts)
• Calculating debtors interest, invoicing and issuing debtors statements
• Processing and reconciling credit cards
• Checking petrol card and identifying irregularities (kms, fuel usage)
• Reconciling bank charges (i.e. rate on Amex, Visa , Debit/Credit)
• Reconciling Petty Cash at retail stores
• Updating Sales Target reports
• Budget management: prepare and analyse management accounts (including GP% and budget variance reports) - notify management of material variances
• VAT calculations, VAT201 submissions, VAT payments, VAT reviews and audits
• Checking banking and reconciling cash-up reports
• Reviewing insurance schedules against assets insured
• Monthly expense control: review and notify anomalies and material variances (e.g. overcharges, credit requests)
• Overseeing cash management activities - produce and analyse cash flow reports (including anomalies and material variances)
• Calculating and finalising sales rep. commissions
• Retail Month-end: reconciling all credit cards and cash banking
• Ensuring credit requests are processed and accounted for by supplier
• Preparing and analysing budgets (including variances)
• Liaising with external auditors in preparing year-end AFS, CIPC submissions for all entities (including providing supporting schedules and documents)
• Maintaining and updating fixed asset register
• Processing depreciation journals
• Ensuring SARB approvals are updated and are in compliance with SARB regulations
• Reviewing all debtors and creditors contracts and ensuring that monthly processes are linked to contract terms and conditions
• Providing bank with financial data (e.g. management accounts, AFS)

Requirements:

• B.Com Accounting degree
• Completed articles
• Previous experience working in a business, managing the accounting / financial function
• Erply POS is advantageous, but Xero experience is essential
• Experience with VAT returns, importing, customs, pricing experience is necessary

Desired Skills:

• Creditors
• Debtors
• Budgeting
• Vat Returns
• Import
• Xero
• Financial Accounting
• Retail
• Reconciliations