Accountant - JHB

Afrikye; Durban; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading company in the Electrical Engineering sector is looking for an experienced Accountant to join their team in Durban. This role involves supporting the finance function by managing bank reconciliations, month-end processes, and ensuring compliance with financial regulations. Ideal candidates will have extensive experience in accounting, strong knowledge of financial systems, and a solid understand of statutory returns. This position provides a unique opportunity to enhance financial processes and contribute to business decision-making.

Qualifications

• 10+ years of experience in accounting with full finance exposure.
• Proven track record with bank reconciliations accuracy.
• Strong knowledge of accounts payable and receivable functions.

Responsibilities

• Perform bank reconciliations, manage cash flow, and oversee financial transactions.
• Help prepare annual budgets, month-end and year-end reporting.
• Support management in reviews and audits, improving finance processes.

Skills

Internal Audit

Financial Analysis

Financial Reconciliation

General Ledger

Financial Accounting

Financial Reporting

Education

Bachelor's degree in accounting

Matric

Tools

Microsoft Excel

Job description

A leader in the Electrical Engineering field is seeking an experienced Accountant to join their team in Johannesburg. The purpose of this role is to support the finance function by providing accurate financial information, ensuring compliance, and contributing to performance through sound accounting and systems. The successful candidate will play a key role in month-end processes, reconciliations, cash flow management, and oversight of financial transactions. Duties and responsibilities are flexible and innovation is expected.

The duties of this position include (but are not limited to):

• Understanding end-to-end Accounts Payable and Receivable processes, ensuring alignment with finance requirements.
• Performing accurate bank reconciliations across multiple accounts, ensuring all are fully balanced with discrepancies promptly resolved.
• Posting and reviewing monthly journals, including accruals, provisions, and adjustments for accuracy and completeness.
• Ensuring payroll journals and statutory submissions (PAYE, UIF, SDL) are accurate and submitted on time.
• Maintaining and reviewing the Fixed Asset Register, including depreciation, disposals, and capitalisation entries; conducting asset audits and ensuring compliance with regulations.
• Posting and reconciling intercompany transactions.
• Supporting short- and medium-term cash flow planning, including bank transfers and liquidity oversight.
• Processing and reconciling foreign creditor payments, maintaining exchange variance schedules.
• Assisting in the preparation of monthly forecast cash flows.
• Maintaining and processing lease agreements and journals in line with IFRS 16.
• Assisting in the preparation of annual budgets, including P&L, balance sheet, and ROIC.
• Supporting management account inputs and participating in monthly financial review meetings.
• Contributing to month-end and year-end reporting packs.
• Assisting in external audit preparations and participation.
• Evaluating financial data and providing insight for business decision-making when required.
• Driving improvements in finance processes and internal controls, recommending areas for enhancement.

Minimum requirements:

• Matric
• Bachelor's degree in accounting is advantageous; alternatively, comparable qualification/certification or equivalent experience will be considered.
• At least 10 years of experience in accounting with progressive exposure to the full finance function.
• Proven track record with strong understanding of bank reconciliations across multiple accounts, ensuring accuracy and balance.
• Solid understanding of general ledger structures, reconciliations, and statutory returns.
• Experience with foreign transactions, fixed assets, and intercompany processes.
• Strong knowledge of accounts payable and receivable functions.
• Understanding of procurement and sales functions.
• Strong experience with financial systems, Excel, and financial reporting.
• Payroll experience is beneficial but not required for processing.
• A valid driver's license.

Application instructions:

If you meet the above criteria, please send your CV to us. Disclaimer: If you do not hear from us within 2 weeks, please consider your application unsuccessful.

Key Skills: Internal Audit, Accounting Tally, General Ledger, External Audit, Microsoft Excel, PMP, Financial Accounting, Financial Analysis, Payroll, Financial Reconciliation, Financial Statement, Accounting and Finance, ACCA, CPA, Financial Reporting

Employment Type: Full-Time

Experience: 10+ years

Vacancy: 1

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Accountant • Durban, KwaZulu-Natal, South Africa