Accountant

Numeral XII (Pty) Ltd.; Pretoria; On-site; ZAR 300,000 - 500,000; Full time

Job summary

A leading company in the financial sector is seeking a skilled Accountant to join their finance team in Pretoria. The successful candidate will be responsible for maintaining financial records, compliance, and supporting financial decision-making. With a focus on accuracy and attention to detail, this role offers a chance to significantly impact the organization's financial success and growth.

Qualifications

• Minimum 5 years experience in similar roles.
• Ability to create logical and thorough financial reports.
• Experience with ERP systems, preferably Xero.

Responsibilities

• Maintain accurate financial records including accounts payable and receivable.
• Prepare and analyze financial statements and reports.
• Ensure compliance with financial regulations.

Skills

Attention to detail

Analytical skills

Strong mathematical ability

Communication skills

Financial analysis

Education

Accounting / Finance degree or equivalent

Tools

Xero

MS Excel Advanced

Job description

We are seeking a talented and experienced Accountant to join our finance team. The ideal candidate should have a strong background in accounting principles, financial analysis, and a passion for accuracy and attention to detail. This role offers an exciting opportunity to contribute to the financial success and growth of our organisation.

Key Responsibilities :

• Maintain accurate and up-to-date financial records, including accounts payable, accounts receivable, and general ledger entries.
• Reconcile bank statements and monitor cash flow to ensure the availability of funds for lending operations.
• Prepare and analyse financial statements, including income statements, balance sheets, and cash flow statements.
• Generate regular financial reports for management to support decision-making.
• Assist with month end closure.

Regulatory Compliance :

• Ensure compliance with all relevant financial regulations and lending industry standards.
• Assist in preparing documentation for external audits.
• Monitor and track loans and their associated interest income, ensuring accuracy in loan accounting.
• Calculate and record provisions for loan losses and assess the adequacy of loan reserves.

Budgeting and Forecasting :

• Participate in the development of the annual budget and financial forecasts.
• Analyse budget variances and provide recommendations for cost control.

Taxation :

• Prepare tax returns (VAT & PAYE).
• Stay informed about changes in tax laws and ensure compliance with tax regulations.

Financial Analysis :

• Conduct financial analysis to assess the company's financial performance and identify areas for improvement.
• Assist in financial modelling for new lending products and business initiatives.

Process Improvement :

• Identify opportunities for process improvement and automation to enhance efficiency and accuracy.
• Collaborate with cross-functional teams to implement process enhancements.

Qualification and Experience Requirements :

• Accounting / Finance degree or equivalent.
• Minimum 5 years’ experience in similar roles.
• Ability to create logical and thorough financial reports.
• Experience working with ERP systems, preferably Xero.
• MS Excel Advanced (Non-negotiable)

Skills and Attributes Requirements

• Unwavering attention to detail.
• Analytical skills and ability to handle complex financial data.
• Strong mathematical and calculative ability
• Ability to create logical and thorough financial reports.
• Strong communication skills, both written and verbal.
• Effectively interpret analysis performed and decipher information.
• Exceptional understanding of Financial Statements.
• High pressure tolerance.
• Adaptability to fast-moving and high-performance environment.