Accountant

Synexa Life Sciences; Wes-Kaap; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A leading company in the life sciences sector is seeking a finance professional to manage day-to-day finance functions. Responsibilities include overseeing accounts payable, receivable, and treasury tasks, ensuring compliance and accuracy in financial reporting. Ideal candidates will have relevant experience and strong Excel skills. This role offers the opportunity to contribute to process improvements and collaborate with a dynamic team.

Qualifications

• 2-5 years of relevant experience.
• International experience.
• Transfer pricing experience.

Responsibilities

• Oversee day-to-day finance functions in an international accounts department.
• Manage purchase ledger process and month-end cut-off.
• Prepare weekly cash forecasts and monthly balance sheet reconciliations.

Skills

Microsoft Excel

Interpersonal Skills

Attention to Detail

Numeracy

Education

Chartered Accountant

Life Sciences Experience

Tools

ERP Systems

Job description

Job Purpose:

• To oversee elements of local and global day-to-day finance functions within an international accounts department.
• Ensure the accurate and timely maintenance of relevant sub and general ledgers, preparing balance sheet reconciliations and supporting statutory compliance activities.
• Act as a local finance representative supporting ad-hoc requests as required.
• Support the annual Group and local entity audit process.

Main areas of responsibility

Exact responsibilities will change over time and based on experience, such that the below is not an exhaustive list:

Accounts Payable

• Manage the purchase ledger process including inputting and matching of invoices.
• Manage month-end cut-off processes to ensure accurate accruals are made as needed.
• Support timely and accurate payment of suppliers.
• Complete regular supplier statement reconciliations and resolve issues that arise.

Accounts Receivable and Credit Control

• Manage the accounts receivable process to ensure invoices are produced accurately and within required deadlines.
• Set up new client accounts and meet with clients to ensure invoice processes meet requirements.
• Arrange and attend meetings with customers to discuss overdue debts.

Fixed Assets

• Manage the recording of capital items into the fixed asset register.
• Maintain fixed asset register in collaboration with facilities management and laboratory teams.

Treasury

• Prepare and make payments related to accounts payable and payroll.
• Manage intercompany money transfers and currency exchanges.
• Monitor bank account balances and input bank data to finance systems.

Reporting

• Prepare weekly 13-week rolling cash forecast.
• Recast weekly debtor reports with comments on variances.
• Provide input to monthly P&L, Balance Sheet, and Cash Flow analysis with comments on variances to budget and forecasts.
• Prepare monthly balance sheet reconciliations.

Other

• Prepare and post relevant general ledger entries.
• Perform monthly balance sheet reconciliations on relevant accounts.
• Manage local VAT submissions and other tax filings.
• Collaborate with other finance team members on intercompany transactions and payments.
• Implement ongoing process improvements.
• Perform any other duties commensurate with the role.

Qualifications and Experience

• 2-5 years of relevant experience.
• Life sciences experience & Chartered Accountant or qualified by equivalent experience.
• International experience.
• Transfer pricing experience.

Skills and Competencies

• Strong knowledge of Microsoft Excel, including spreadsheet design and data manipulation.
• Experience with ERP systems managing customer contracts.
• Highly self-motivated and driven.
• Strong interpersonal skills.
• Ability to work under pressure to tight time scales.
• Good attention to detail.
• Highly numerate.

Additional Information

Please ensure that your CV/resume is submitted in English. Synexa Life Sciences is committed to achieving transformation and will consider its EE plan and targets during the selection process.