General Accountant

Adcorp Holdings Limited; Johannesburg; On-site; ZAR 30 000 - 60 000; Full time

Job summary

An established industry player is seeking a meticulous General Accountant to manage GL accounting and reporting. In this role, you will ensure the accuracy of financial transactions in compliance with IAS/IFRS and company guidelines. Your responsibilities will include processing financial transactions, conducting reconciliations, and preparing management reports. This position offers the opportunity to work closely with various business units, providing essential accounting services and insights. If you are detail-oriented and passionate about financial accuracy, this role is perfect for you.

Qualifications

• Experience in general ledger accounting and financial reporting.
• Knowledge of IFRS and compliance regulations.
• Ability to conduct variance analysis and reconciliations.

Responsibilities

• Ensure accurate accounting representation in the general ledger.
• Process fixed asset transactions and maintain compliance.
• Prepare monthly management account packs and conduct analyses.

Skills

General Ledger Accounting

IFRS Compliance

Financial Reporting

Variance Analysis

Intercompany Reconciliation

Education

Bachelor's Degree in Accounting

Professional Accounting Qualification

Tools

Workday

Job description

Position:
General Accountant

Job Description:
Ensure the correct, complete, chronological and orderly record of all GL accounting transactions as well as execution of tasks in the area of General Ledger Accounting and Reporting. Providing accounting services across the Business Units. This role is also responsible for ensuring the correct, complete, chronological and orderly record of all FA accounting transactions as per IAS / IFRS, and applicable Group guidelines in the relevant segment and legal entity to which they are assigned.

Location:
Johannesburg - Adcorp Place

Contract Type:
Permanent

Minimum Requirements:

The key responsibilities of this role includes:

• Ensuring the correct and timely accounting representation of business transactions in the general ledger while maintaining compliance with laws and regulations of Adcorp.
• Processing of all FA accounting transactions and ensuring that transactions are disclosed accurately, completely, and in chronological and factual order as per IAS / IFRS and applicable company guidelines or General Accounting process descriptions.
• Processing of closing entries and items as to the completeness and accuracy including consistency with relevant policies.
• Professional handling of special issues in the field of general ledger accounting (i.e. derivatives).
• Prepare statistical reports from the field of financial accounting for authorities.
• Support the valuation of asset movements (including additions, disposals and transfers).
• Process listed accounting transactions for posting.
• Complete and accurate ledger and journal processing.
• Completion of General Ledger reconciliations.
• Discuss issues regarding FA accounting with the relevant Business Accountants and / or the relevant operational department.
• Process fixed asset transactions.
• Interaction and professional exchange with the relevant operating units (e.g. clarification of complex accounting issues as well as dealing with inquiries).
• Collaboration with staff from Accounts Payables and Accounts Receivable in the Group Business Services.
• Processing and reconciliation of multiple cashbooks.
• Various financial calculations, reconciliations and analysis in particular 'gross profit' Recons (Sales and Cost of Sales reconciliations).
• Follow up with GA as needed.
• Intercompany loan reconciliation.
• Preparation of monthly Management Account Packs.
• IC and Temp Payroll journal (Validation and Preparation).
• Preparation of audit information and liaise with auditors as and when required.
• Check and ensure accuracy of income and expense allocations.
• Conduct variance analysis i.e. budget / forecast against actuals.
• Calculation of Permanent Placement Commissions for submission on Workday.
• Monthly Internal revenue analysis.
• Conduct and review management accounts.

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Additional Requirements:

Inter Company Invoicing is advantageous

Roles and Responsibilities:
• Ensuring the correct and timely accounting representation of business transactions in the general ledger while maintaining compliance with laws and regulations of Adcorp.
• Processing of all FA accounting transactions and ensuring that transactions are disclosed accurately, completely, and in chronological and factual order as per IAS / IFRS, and applicable Adcorp guidelines or GBS process descriptions.
• Processing of closing entries and items as to the completeness and accuracy including consistency with relevant policies.
• Professional handling of special issues in the field of general ledger accounting (e.g. derivatives).
• Execution of regular sample quality checks for available documentation of individual postings.
• Preparatory activities for providing financial statement notes to support "Business Accounting" (based on a "disclosure checklist").
• Follow up with embedded finance as needed.
• Prepare statistical reports from the field of financial accounting for authorities.
• Support the valuation of asset movements (including additions, disposals and transfers).
• Process listed accounting transactions for posting.
• Review and approval as a part of master data maintenance in FA.
• Create evaluations and reports as part of Balance Sheet reporting.
• Complete and accurate ledger and journal processing.
• Completion of General Ledger reconciliations.
• Discuss issues regarding FA accounting with the relevant Business Accountants and / or the relevant operational department.
• Process fixed asset transactions.
• Interaction and professional exchange with the relevant operating units (e.g. clarification of complex accounting issues as well as dealing with inquiries).
• Collaboration with staff from Accounts Payable and Accounts Receivable in the Group Business Services.