Accountant

Excellent opportunity to join an established Pretoria (Queenswood) based organization as Accountant reporting to the Financial Manager.

Minimum Requirements
Financial/Accounting Qualification
3+ years accounting experience

Overview of position

Financial Reporting and Regulatory Compliance
- Prepare accurate monthly management accounts, including profit and loss statements and balance sheet reconciliations.
- Compile annual financial reports in accordance with applicable statutory and regulatory requirements.
- Collect, analyse, and interpret relevant financial data to support informed decision-making.
- Execute all monthly financial procedures in a timely manner, including creditor reconciliations, payment processing, statement distribution, and submission of statutory returns.
- Oversee the preparation and processing of authorised electronic payments to suppliers and staff, ensuring timely execution and proper supporting documentation.
- Maintain accurate control of petty cash, ensuring that all transactions are supported by appropriate documentation and authorisation.
- Calculate and submit VAT returns.
- Maintain and update the fixed asset register, including the coordination of physical asset verifications.
- Provide effective communication and liaison with the organisation's banking partner regarding financial queries or issues.
- Support a service-oriented finance function, ensuring supplier queries and complaints are addressed efficiently and professionally.
- Identify opportunities to improve financial systems and administrative processes, ensuring continuous improvement in efficiency and compliance.

Accounting responsibilities for smaller identified companies within the group
- Prepare accurate financial statements for designated subsidiaries in compliance with recognised accounting standards and internal policies.
- Ensure all expenditures remain within approved budgetary limits and recommend corrective measures where necessary.
- Analyse financial performance, identify and recommend cost-saving opportunities to enhance financial efficiency and sustainability.
- Provide accurate, timely financial data to support both internal reviews and external audits.
- Compile detailed financial reports, budgets, variance commentaries, and management accounts for internal stakeholders.
- Perform financial administrative tasks and conduct internal audits to ensure compliance with organisational policies and regulatory requirements.
- Monitor and manage income and expenditure to safeguard financial stability and sustainability.
- Contribute to the development of financial strategies aimed at enhancing value creation and supporting the organisation's long-term goals.

Cash Flow and Bank Account Oversight
- Perform daily reviews of bank account balances to detect irregularities and mitigate the risk of fraud.
- Ensure the timely allocation of funds for salary disbursements and supplier payments; promptly escalate funding concerns to the accountant and senior management.
- Manage bank accounts to ensure sufficient balances are maintained for scheduled transactions and potential deductions.
- Immediately report any financial discrepancies, unusual transactions, or deviations from expected account activity.
- Monitor the cash flow status of all accounts on a regular basis; coordinate with the creditors' clerk to prioritise essential payments when liquidity is limited.
- Compile and submit accurate weekly cash flow statements to the accountant for consolidation and reporting to the Financial Manager.

Salary Bracket
R25 000 to R38 000 per month CTC, depending on experience, qualification(s) and current/previous salary

Desired Skills:

• accounting
• management accounts
• financial statements