Reporting to: Head of Finance
Main Purpose:
Alongside the Head of Finance ensure the professional management and automation of the financial administration of the Company and to ensure financial integrity of financial processes and credibility with all stakeholders.
Duties will include, but will not be limited to:
Processing of a number of transactions for various entities
TAX returns and submissions for individuals and juristic entities
VAT Returns
UIF Reporting
Various legislative Submissions such as EMP201 etc.
Submission of all statutory returns to SARS
Processing and capturing of various Insurance, Grouplife, etc. payments
Drafting of Financial Statements and annual SARS tax returns for entities
Taking control of payment meetings with directors and related parties, attending meetings and resolving queries where required
Posting of transactions to Trial balance
Assistance with Income and expense reconciliations
Income Statement
Budget vs. actuals reporting
Maintenance of fixed asset register
Expense claims
Preparation of audits for all relative groups to the business
Income tax for individuals and related entities, tax clearance certificates, letters of good standing etc.
Other related administrative functions
Preparing the monthly profit and loss and balance sheet reports
Tax reporting and inventory processing
Collecting and analysing data, which is then used in the preparation of weekly and monthly estimates
Advising on estimates for project funding
Creating KPI reports
Preparing weekly cash flow statement and controlling expenditure and cash flow
Assisting with the preparation of year-end accounts and statutory accounts
Responding to all financial inquiries by gathering and interpreting data
Conducting internal audits
Examining financial records to check for accuracy
Managing and training staff when necessary
Gather and monitor financial data (e.g. sales revenues and liabilities)
Prepare monthly, quarterly and annual statements (balance sheets and income statements)
Forecast costs and revenues
Manage tax payments
Prepare budgets (for the entire company and by department)
Monitor and report on accounting discrepancies
Conduct details risk analyses to assess potential investments
Analyse financial trends
Perform month-end and year-end close processes
Full management of accounts payable (i.e. processing invoices, payments and reconciliation of accounts etc.)
Assist with management of accounts receivable (i.e. distributions of statements, following up on outstanding invoices, processing remittances, reconciliations etc.)
Assist with cash flow management functions and processing (i.e. bank, petty cash and cash flow forecasts?
Preparation of information for execution of monthly invoicing cycle and reconciliations
Manage all VAT and Income Tax related matters
Ensure smooth operation of all finance related matters
Preparation of management reports, financial statements and other financial related reports and correspondence
Assist with strategic planning and execution
Assist in the formulation of annual budgets and ad hoc financial forecasts
Resolution of finance related queries
Provide general support and assistance on all financial administration and related deliverables
Managing the general ledger including overseeing the monthly balance sheet, banking and inter-company reconciliations
Completion of the monthly accruals, journals, fixed assets and depreciation schedules
Managing foreign currency payments
Ensuring accounting standards and policies are adhered to
Reporting consolidated results at a group level
Liaison with external Auditors
Proactively identify new initiatives that could benefit the organisation
Create and maintain a chart of accounts
Establish well-documented systems for record keeping and accounting
Regularly update management regarding the financial status of the company
Analyze business operations, financial commitments, costs, revenues and trends to develop projections for future revenue and expenses.
Ensure compliance with accounting and finance standards, best practices and government regulations.
Attributes
An analytical mind
Negotiation skills and the ability to develop strong working relationships
Commercial and business awareness
Good communication skills – both written and verbal
A keen eye to detail and desire to probe further into data
Deadline-orientated and an ability to stick to time constraints
Minimum of 3 to 5 years of work experience in Accounting
Experienced in a Chartered Accounting firm can be advantageous
Strong commercial and business acumen
Critical thinking and problem-solving skills
Ability to perform data and statistical analysis to spot trends and anomalies
Advanced computer software skills, including Excel and other financial software and tools for reporting and analysis purposes
Minimum Requirements:
Grade 12 (Matric) Qualification
BCom (relative 3 to 4-year qualification)
CA Qualification
At least 3 years’ working experience in a similar role
Computer skills and knowledge (especially of Word, Excel, Outlook, Internet)
Knowledge of operation of standard office equipment
Knowledge of clerical and administrative procedures and systems, such as filing and proper record keeping
Knowledge of principles and practices of basic office/administrative
