Accountant

Tower Group; Durban; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A leading company in the bulk imports and exports industry, located in Durban, is looking for a qualified Accountant to manage financial operations, including debtor and creditor accounts. The ideal candidate should have a Financial Degree and newly qualified Chartered Accountant status, along with advanced knowledge of IFRS accounting standards. This position requires excellent administrative skills to ensure accurate financial reporting and compliance.

Qualifications

• Newly qualified Chartered Accountant with at least 2 years experience post articles.
• Experience in an operations or manufacturing environment is advantageous.

Responsibilities

• Control the administration of the accounts department including Debtors and Creditors.
• Authorize and query payments of invoices for expenses.
• Prepare and submit statutory returns including Tax return and Year-End accounts.

Skills

Advanced computer literacy

Excellent knowledge of IFRS accounting standards

Education

Financial Degree

Matric / Grade 12

Newly Qualified Chartered Accountant

Tools

Accpac

Job description

Overview

Our client, a leader in the bulk imports and exports industry, is seeking a qualified Accountant to join their team based in Durban.

Minimum Requirements

• Newly Qualified Chartered Accountant
• Matric / Grade 12
• Financial Degree + 2 years working experience post articles
• Experience in operations or manufacturing environment will be advantageous
• Advanced computer literacy
• Excellent knowledge of financial systems e.g. Accpac
• Excellent knowledge of IFRS accounting standards

Main Job Functions

• Control the general administration of the accounts department – Debtors, Creditors and Bank by ensuring that the necessary procedures are followed for the smooth operation of the accounts.
• Authorize / check / query the payments of invoices for expenses.
• Authorize payments / release all EFT payments.
• Authorize all creditors / debtors input master forms daily.
• Review of supplier age analysis to ensure creditors paid timeously and no long outstanding balances.
• Review of debtors age analysis to ensure debtors do not exceed their credit limit and that customers pay on time according to the payment terms.
• Authorize and release of routine journal entries.
• Review of creditors reconciliation for payment.
• Review all general ledger control accounts reconciliation
• Preparation and submission of other statutory returns as requested including Tax return, Stats SA and Workman’s Compensation return
• Assist in the preparation of the year end pack and Financial Year End accounts.
• Preparation of provisional tax and year-end tax return
• Preparation of annual insurance declaration
• Preparation of monthly expenditure reports
• Preparation of quarterly audit committee report
• Assist in budgeting and forecasting
• Customer Support
• Obtain signed customer contracts and agreements from operations director and ensure that these are uploaded on Accpacc.
• Obtain customer discounts schedule from operations director and ensure that these are uploaded on Accpacc.
• Ensure that customer invoices are as per agreed rates.
• Facilitate customer credit checks for credit applications.
• Present credit limit applications, motivations for / against credit limit increase to credit committee.
• Preparation of the quarterly Credit Committee meetings packs / reports and minutes.
• Management of customer contracts for Audits