Accountant

About the position

We are recruiting an Accountant to join the Pretoria-East head office of a well-established client.

Minimum Requirements

• Matric
• Bachelors Degree in Accounting/Finance/Related
• 3+ year's accounting experience

Overview of position

General Accounting

• Month-End Close & Management Reporting
• Manage the month-end close process, ensuring all journal entries, accruals, provisions and reconciliations are completed on time.
• Post journal entries accurately for reporting purposes, including management cost and admin cost to different divisions.
• Prepare and review monthly management accounts.
• Monitor actual vs. budget and highlight variances to management.
• Perform variance analysis and provide commentary on fluctuations and budget deviations.
• Ensure deadlines for reporting are consistently met.
• Prepare month-end close off pack
• Financial Recordkeeping & Controls
• Maintain accurate general ledger accounts and supporting documentation.
• Prepare, review and reconcile control accounts.
• Investigate and resolve discrepancies of control accounts in a timely manner.
• Provisions & Accruals
• Calculate and record accruals for unpaid expenses.
• Prepare provisions for liabilities such as leave pay, salary liabilities and bonuses.
• Compliance & Audit
• Assist with external audits by providing reconciliations, schedules, and explanations for external auditors annually.
• Address audit queries and implement corrective actions for identified weaknesses.
• Tax & Statutory Responsibilities
• Prepare and review VAT, payroll tax, and other statutory returns.
• Maintain secretarial records and submit annual returns.
• Administrative duties - Online banking payments
• Ensure that all new recipients are verified before adding to FNB online banking
• Release FNB payments

Accounts Payable

• Accounts Payable Management
• Supervise the full accounts payable cycle from supplier invoice receipt to supplier payment.
• Ensure accuracy in invoice validation, approvals, and posting.
• Payment Processes & Controls
• Implement and monitor internal controls to prevent errors and fraud.
• Ensure adherence to company policies, tax regulations, and audit requirements.
• Reconciliation & Reporting
• Review supplier account reconciliations and resolve discrepancies.
• Generate AP reports, including aging analysis, accruals, and payment reports.

Inventory

• Inventory Control & Accuracy
• Develop, implement, and monitor inventory control procedures.
• Ensure accurate stock levels through regular cycle counts and stock reconciliations.
• Systems & Reporting
• Manage and optimize the use of inventory management systems software.
• Generate and analyse stock reports (e.g., stock age, turnover, shrinkage, excess/obsolete inventory).
• Compliance & Procedures
• Ensure correct documentation for all inventory transactions.
• Coordinate with finance for accurate stock valuation and reporting.

Desired Skills:

• accounting