Branch Accountant

Bluespec Holdings; Gauteng; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A financial services company in South Africa seeks an Accounting Specialist to ensure accurate financial reporting, maintain compliance, and achieve profit targets. The ideal candidate should have strong accounting skills and a thorough understanding of VAT regulations. Responsibilities include managing month-end reconciliations, generating financial reports, and ensuring governance compliance.

Qualifications

• Proven experience in accounting and financial reporting.
• Strong understanding of VAT and compliance regulations.
• Ability to manage budgets and costings accurately.

Responsibilities

• Contribute towards profit targets through accurate accounting.
• Maintain governance and compliance within the group.
• Ensure effective use of accounting processes and systems.
• Complete monthly reconciliations accurately and timely.
• Submit relevant financial reports promptly.

Job description

1. Contribute towards the achievement of profit targets through accurate and effective accounting

• Ensure accurate and timeous allocation and treatment for VAT
• Ensure that all expenses are accounted / provided for on a monthly basis.
• Ensure that costing within the group is accurate and in line with budgeted Cost of Sales.
• Ensure 100% accuracy on all final costings and billings to insurance Companies.
• Ensure all parts purchased are recovered from insurance.
• Ensure that all payments are signed off are for legitimate reasons, have the requisite supporting documentation.

2. Ensure maintenance of governance and compliance within the Group.

Maintain :

• Adequate accounting records.
• Accurate content and integrity of management accounts.
• Accurate content and integrity for all other financial information.
• A system of internal control.
• Proper delegation of responsibilities.
• Fraud prevention and detection measures.
• Comprehensive management of fixed assets.

3. Effective use of processes and systems.

• Ensure accuracy of general ledger entries.
• Review creditors and debtors age analysis on a constant basis.
• Ensure timeous collection of all debtors.
• Perform monthly VAT reasonability tests by reconciling Vat payments to the Company’s profit. Identify, report. Investigate and resolve discrepancies.
• Monthly reporting to Group FM with proper variance analysis.

4. Accurate and timeous completion of monthly reconciliations

• Review all reconciliations done by the bookkeepers, creditors clerks and debtors clerks ensuring outstanding items are cleared within required timeframes.
• Scrutinise the balance sheet and report variations.

5. Ensure relevant reporting is accurately completed and timeously submitted

• Ensure accuracy of all financial reports.
• Ensure timeous reporting of reports and statistics.
• Prepare reports and financial packs for reporting.
• Ensure focus is to variance and exception reporting.