Accountant

HuntWave; Johannesburg; On-site; ZAR 350,000 - 480,000; Full time

Job summary

HuntWave seeks an Accountant to oversee financial operations and ensure compliance with accounting standards. This role includes responsibilities such as bookkeeping, financial reporting, budgeting, and payroll management, supporting the company's financial integrity and strategic decisions.

Qualifications

• Experience in bookkeeping and financial reporting is crucial.
• Knowledge of tax regulations and standards is essential.
• Strong analytical skills to generate financial reports.

Responsibilities

• Manage all bookkeeping aspects and maintain accurate financial records.
• Prepare monthly management accounts and annual financial statements.
• Ensure compliance with tax regulations and deadlines.

Skills

Bookkeeping

Financial Reporting

Tax Compliance

Payroll Management

Financial Analysis

Education

Bachelor's Degree in Accounting or Finance

Tools

WebAccounting

Job description

Scope of Role:

An accountant at Huge Distribution plays a crucial role in managing and maintaining the financial operations of the company, while also overseeing daily business activities.

Responsibilities:

1. Bookkeeping and Financial Reporting:
2. Manage all bookkeeping aspects for Huge Distribution.
3. Maintain accurate financial records using the company's accounting software, WebAccounting.
4. Prepare monthly management accounts for the owners.
5. Prepare annual financial statements and handle audit queries and submissions.
6. Manage receipt, accounting, and inventory records.
7. Process monthly payments to local and international suppliers.
8. Ensure compliance with accounting principles and standards.

Budgeting and Forecasting:

1. Assist in developing and maintaining annual and monthly budgets.
2. Provide financial analysis and recommendations to support budgeting decisions.
3. Monitor budget performance and report on variances.
4. Generate and update cash flow projections.
5. Assist in forecasting future financial performance and inventory procurement.
6. Support inventory costings.

Tax and VAT Compliance:

1. Prepare VAT and tax returns and submit them to the company's accountants, including Income Tax, VAT, and Payroll taxes.
2. Ensure compliance with tax regulations and deadlines.
3. Respond to tax inquiries and assist during tax audits.

Payroll:

1. Ensure timely payment of the 7 monthly employees.
2. Calculate sales commissions.
3. Create salary sheets and reports for owners.
4. Maintain employee records and track leave.
5. Ensure compliance with labor laws and regulations.
6. Prepare for the annual Department of Labour Law inspection and maintain necessary records.
7. Generate and reconcile IRP5, EMP201, and EMP501 reports.

Financial Analysis and Reporting:

1. Analyze financial data to support strategic decisions.
2. Generate customized financial reports for the owners.
3. Identify opportunities for cost savings and revenue growth.