Financial Accountant (Minimum Bachelorâ??s degree

Description:

Key Responsibilities

Financial Reporting

• Prepare monthly, quarterly, and annual financial statements, including balance sheet, income statement, and cash flow.
• Ensure compliance with IFRS, the Companies Act, and other statutory requirements.
• Maintain the accuracy of the general ledger, fixed asset register, and reconciliations.
• Contribute to board packs and management presentations by providing financial schedules and variance analysis.

  Management Accounting

  • Assist with the preparation of monthly management accounts across the Group.
  • Perform variance analysis against budgets and forecasts with supporting commentary.
  • Review reconciliations of key balance sheet accounts, ensuring timely resolution of outstanding items.
  • Support product costing, stock valuations, and financial analysis of factory and retail operations.

    Budgeting and Forecasting

    • Assist in the preparation of annual budgets and consolidated financial packs.
    • Contribute to monthly and quarterly forecasts, highlighting risks and opportunities.
    • Monitor actual performance against budget and provide explanations for variances.

      Cash Flow and Treasury Support

      • Prepare rolling cash flow forecasts and monitor liquidity requirements.
      • Reconcile cashbook transactions and assist in managing banking relationships.
      • Support working capital management through monitoring receivables and payables.

        Statutory Compliance and Audit

        • Prepare supporting documentation for annual statutory audits.
        • Liaise with auditors by providing schedules, reconciliations, and resolving queries.
        • Support preparation of the Group Annual Financial Statements in line with IFRS.
        • Maintain updated accounting policies and procedures to support compliance.

          Payroll Support

          • Assist payroll team with reconciliations of salaries, wages, deductions, and benefits.
          • Ensure payroll journals are processed accurately and on time.
          • Support compliance with SARS, UIF, and other payroll-related legislation.

            Taxation

            • Prepare tax computations for income tax, VAT, and provisional tax.
            • Assist with SARS submissions and respond to queries or audits as required.
            • Stay updated with tax legislation to ensure compliance.

              Compliance and Risk

              • Ensure adherence to financial controls and risk management policies.
              • Assist in implementing audit recommendations and internal control improvements.
              • Safeguard company assets through accurate and transparent financial processes.

                Process Improvement

                • Identify opportunities to streamline financial processes and reporting systems.
                • Assist in automation initiatives to improve efficiency within the finance function.
                • Support the documentation of accountin