Accountant

Abantu Staffing Solutions; East London; On-site; ZAR 420,000 - 640,000; Full time

Job summary

Abantu Staffing Solutions in East London, South Africa, seeks an Accountant to maintain financial integrity, oversee the general ledger, and lead the finance team. The role reports to the Financial/General Manager and coordinates a finance clerks and bookkeeper to meet deadlines and performance targets.

You will manage cashflow, budgets, accounts payable, inter-company reconciliations, VAT, audits, payroll, fixed assets, and related financial tasks with accuracy and compliance.

Qualifications

• Grade 12 / Matric required.
• Bachelor-level accounting degree (BCom/BCompt) or equivalent.
• Minimum 5 years in a similar/commercial role.
• Experience in Quick Service Restaurant environment is advantageous.
• Strong MS Excel skills required.

Responsibilities

• General Ledger and Journal Entries: review entries and stock journals.
• Budget and Cashflows: prepare and manage cashflow and budget processes.
• Accounts Payable Oversight: review creditors and ensure supplier payments and cashflow.
• Inter-company Transactions: review inter-company reconciliations.
• VAT and Tax: prepare VAT reconciliations and returns.
• Audit and Compliance: assist with audit readiness and queries.
• Payroll and Staff Accounts: address payroll queries and manage payments.
• Fixed Assets: review and depreciate assets.
• Other Financial Tasks: monitor bank balances and fund recovery; manage shareholder loans.
• Supervisory and Administrative Tasks: supervise staff; approve accounting system processes.
• Purchase Order Review: review POs for accuracy and budget.

Skills

MS Excel

Supervisory

Education

BCom / BCompt

Job description

Overview

The Accountant is responsible for maintaining the integrity and accuracy of the organization's financial records, ensuring compliance with relevant regulations and accounting principles. This person reports to Financial/General Manager and ensures team morale is kept amongst their finance team. They have Finance Clerks and a Bookkeeper reporting in to them, and manage the team with regards to deadlines as well as performance and daily activities.

Requirements:

• Grade 12 / Matric
• Completed BCom / BCompt or similar (Bachelors Degree in Accounting)
• 5+ years experience in similar role / commercial environment
• Previous experience with Quick Service Restaurant environment (advantageous)
• Strong MS Excel experience and skills

Responsibilities:

• General Ledger and Journal Entries: Reviewing general journal entries and performing stock journal entries.
• Budget and Cashflows: Preparing and managing the cashflow and budget processes
• Accounts Payable Oversight: Reviewing creditors in the accounting package, ensuring accurate supplier payments, and ensuring sufficient cashflow for payments.
• Inter-company Transactions: Reviewing inter-company debtors and creditors reconciliations.
• VAT and Tax: Preparing VAT reconciliations and returns.
• Audit and Compliance: Assisting with audit readiness and queries.
• Payroll and Staff Accounts: Addressing queries on management accounts relating to payroll and managing payroll payments.
• Fixed Assets: Reviewing Fixed assets and managing the depreciation of assets.
• Other Financial Tasks: Monitoring bank balances, managing shareholder loans and interest, handling insurance claims and follow-up, invoicing third parties and ensuring fund recovery, and valuing creditors at month-end (including forex adjustments).
• Supervisory and Administrative Tasks: Supervising staff. Managing the approval process of the accounting systems.
• Purchase Order Review: Reviewing POs for accuracy and budget availability.