Financial Accountant

Headhunters; Cape Town; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A prominent firm in the FMCG sector is seeking an experienced Financial Accountant based in Cape Town. The ideal candidate will manage financial statements, control budgets, and analyze financial data. Requirements include a B.Com Honours degree, CIMA qualification, and advanced accounting expertise. This role offers an excellent opportunity within a reputable company.

Responsibilities

• Prepare individual and group consolidated financial statements.
• Review actual cash flow vs cash flow targets monthly.
• Prepare and control the annual expense budget within company parameters.
• Manage and control expenses as per budget.
• Prepare the financial section of the Board Pack.
• Analyse and investigate discrepancies in financial data.
• Ensure management accounts are issued within 5 working days of new month.
• Ensure accuracy of balance sheet account reconciliations.

Skills

Advanced accounting expertise

Strong administrative ability

Numeric ability

Reconciliations skills

Budgeting skills

Understanding of company policy and operations

Knowledge of creditors / accounts payable

Experience with consolidated financial results

Ability to analyse and review financial data

Understanding of cash flow process

Education

B.Com Honours or equivalent degree

CIMA qualification

Tools

Knowledge of CaseWare (software)

Job description

Our Client, a prominent brand name in the FMCG Industry, is seeking to employ an experienced Financial Accountant to their team based in Maitland, Cape Town.

Main Purpose of the Job: To produce accurate and timeous month end, quarterly and annual results.

A great career opportunity, with a great employer!

Requirements:

• B.Com Honours or equivalent degree.
• CIMA qualification.
• Advanced accounting expertise.
• Strong administrative ability.
• Understanding of company policy and operations.
• Numeric ability.
• Knowledge of creditors / accounts payable.
• Reconciliations skills.
• Budgeting skills.
• Knowledge of F8 (accounting standard / ACCA paper).
• Ratio analysis.
• Understanding / ability to compute free cash flow.
• Experience with consolidated financial results.
• Knowledge of CaseWare (software).
• Ability to analyse and review financial data.
• Processing and synthesis ability.
• Understanding of cash flow process.
• Knowledge of accounting processes specific to FHG (or similar group accounting).
• Understanding of stock purchasing processes.
• Understanding of commission structures.
• Audit process knowledge and understanding.
• Experience in preparing management accounts.

Responsibilities, but not limited to:

• Prepare individual and group consolidated financial statements.
• Review actual cash flow vs cash flow targets monthly.
• Update and review “open to buy” targets.
• Prepare and control the annual expense budget within company parameters.
• Manage and control expenses as per budget.
• Prepare the financial section of the Board Pack.
• Analyse and investigate discrepancies in financial data.
• Ensure that all expenses are accounted for and accrued in the correct accounting period.
• Ensure management accounts are issued within 5 working days of new month.
• Ensure hours worked are reconciled.
• Ensure volumes delivered and cost per kg are reconciled.
• Be accountable for all account reconciliations; address reconciling items.
• Ensure accuracy of balance sheet account reconciliations, including accruals and pre-payments.
• Calculate premiums and finance charges.
• Complete journal postings.
• Coordinate and manage Botswana payroll (or multi-jurisdiction payroll if relevant).
• Manage and co-ordinate promotional item costs.
• Produce breakdowns of logistics methods.

Please note that should you not receive a response within 2 weeks of applying, you may consider your application unsuccessful.