Financial Accountant

Afrocentric Group; Gauteng; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A leading company in financial services is seeking a Financial Accountant to provide essential accounting services for their payroll department. The role involves preparing management accounts, ensuring compliance with statutory requirements, and maintaining accurate financial records. Ideal candidates will have 3-4 years of relevant experience and strong financial skills, contributing to a diverse and inclusive workforce.

Qualifications

• 3-4 years relevant financial accounting experience.
• Financial qualification relevant to the department; studying towards a qualification.

Responsibilities

• Prepare and distribute accurate management accounts within agreed timeframes.
• Reconcile statements of financial position and comprehensive income.
• Conduct reconciliation and reasonability tests.

Skills

Customer focus

Numerical ability

Attention to accuracy and detail

Financial skills

Knowledge of relevant legislation

Problem-solving and decision-making skills

Communication skills

Computer literacy

Task management

Data modeling and evaluation

Business writing skills

Education

Financial qualification relevant to the department

Studying towards a qualification

Tools

Adobe Creative Suite

Job description

Position Purpose: To provide financial accounting services to ensure effective, efficient, and accurate support for the payroll department.

This includes processing and monitoring payments, journals, and reports.

The goal is to ensure payroll finances are valid and accurate, enabling reliable information and timely, appropriate payments.

Accountabilities

Position Specific Outputs

1. Prepare and distribute accurate and timely management accounts or executive summaries within agreed timeframes (Service Level Agreements).
2. Prepare and analyze information for statutory requirements.
3. Reconcile statements of financial position or comprehensive income within stipulated timeframes.
4. Capture and reconcile all accounts accurately and promptly to the trial balance.
5. Record all general ledger journal entries accurately and on time.
6. Conduct reconciliation and reasonability tests.
7. Maintain effective finance documentation and record keeping.
8. Prepare documentation for internal and external audits and assist as required.
9. Prepare net pay reconciliations and analyze variances (Payroll balancing).
10. Run payroll / HR reports such as AIDO, Costing Report, Stats SA, UIF, etc.
11. Reconcile third-party payments (Paye, Med Aid, etc.).
12. Submit funding requests, handle Sanlam submissions and payments.
13. Load online payments and complete and submit monthly EMP forms to SARS.
14. Perform annual reconciliations to ensure accuracy and submit to SARS.
15. Conduct accuracy tests on tax and address tax-related queries.
16. Build and maintain relationships with SARS, auditors, and employees.
17. Request account statements, investigate interest and penalties, and provide proof of payment to clients.
18. Resolve IRP5 queries, including manual IRP5 processing for historical corrections.
19. Submit electronic files to SARS, including IRP5 and EMP reconciliations.
20. Assist with half-year and year-end audits as needed.
21. Generate ad hoc reports for the business.

Generic Objectives

Similar deliverables as above for management accounts, statutory returns, reconciliations, and documentation, emphasizing accuracy and timeliness.

Qualifications and Experience

• 3-4 years relevant financial accounting experience.
• Financial qualification relevant to the department; studying towards a qualification.

Knowledge and Skills

• Customer focus
• Numerical ability
• Attention to accuracy and detail
• Financial skills
• Knowledge of relevant legislation
• Relevant system knowledge and application
• Problem-solving and decision-making skills
• Communication skills
• Computer literacy
• Task management
• Experience with Adobe Creative Suite
• Data modeling and evaluation
• Business writing skills

Turnaround Time

The shortlisting process begins after the application deadline. The duration depends on the progress and availability of line managers.

Our Commitment to Transformation

AfroCentric is committed to transformation and diversity. Our Employment Equity plan and targets will be considered during recruitment. We aim to build a diverse, inclusive workforce that reflects societal demographics, including people with disabilities.

Note: If you do not hear from us within a month of applying, consider your application unsuccessful.