Financial Accountant

Sandi Crowther Recruitment; Durban; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A recruitment agency in South Africa is seeking a Financial Accountant to oversee financial records and ensure compliance with accounting standards. The ideal candidate must hold a Bachelor's Degree in Accounting or Finance and a professional qualification (AGA(SA), SAIPA, ACCA). With 1-3 years of post-articles experience preferred, the successful applicant will drive financial processes and support audits. Compensation is R 40,000 monthly. Strong analytical skills and proficiency in accounting software are necessary for this role.

Qualifications

• 1-3 years post-articles experience preferred.
• Strong knowledge of South African accounting standards (IFRS).
• Basic understanding of tax laws and compliance requirements.

Responsibilities

• Record and maintain accurate financial records in compliance with local standards.
• Oversee the general ledger ensuring proper classification of financial transactions.
• Prepare management accounts including balance sheets, income statements and cash flow statements.

Skills

SRP systems

Financial Statement Preparation

Accounting Software

Hyperion

Financial Report Writing

GAAP

General Ledger Accounting

Regulatory Reporting

Account Reconciliation

SOX

Financial Analysis

Education

Bachelor's Degree in Accounting, Finance or related field

Professional accounting qualification (AGA(SA) SAIPA ACCA or equivalent)

Tools

Accounting software

MS Office

Job description

Reference : DUR003495-JK-1

Westville. An exciting opportunity exists for a Financial Accountant . The ideal candidate will hold a Bachelors Degree in Accounting or Finance along with a professional accounting qualification (AGA(SA) SAIPA ACCA etc.) and have 13 years post-articles experience .

Duties & Responsibilities

• Record and maintain accurate financial records in compliance with local accounting standards and company policies
• Oversee the general ledger and ensure proper classification of financial transactions
• Reconcile accounts and promptly resolve discrepancies
• Perform daily operational finance duties including loading of payments and handling ad-hoc requirements
• Maintain and improve the chart of accounts
• Prepare management accounts including balance sheets income statements and cash flow statements
• Execute month-end and year-end closing procedures ensuring timely and accurate reporting
• Capture and reconcile bank statements accounts receivable and accounts payable
• Monitor and analyse financial performance against budgets forecasts and KPIs providing insights to management
• Assist in preparing budgets forecasts and financial projections
• Collaborate with internal teams to streamline financial processes and improve efficiency
• Support external audits and ensure regulatory compliance
• Stay updated on changes in accounting standards tax laws and regulatory requirements
• Identify areas for process improvement and implement best practices to strengthen financial operations and internal controls

Requirements

• Bachelors Degree in Accounting Finance or related field
• Professional accounting qualification (AGA(SA) SAIPA ACCA or equivalent)
• 1-3 years post-articles experience preferred
• Proven experience as a Financial Accountant or in a similar roleStrong knowledge of South African accounting standards (IFRS)
• Basic understanding of tax laws and compliance requirements
• Proficiency in accounting software and MS Office particularly Excel
• Retail and wholesale systems experience advantageous
• Fundamental understanding of stock measurement and costing
• Excellent analytical skills and attention to detail
• Proactive self-starter with strong organisational and time management abilities
• Clear and confident communication skills both verbal and written

Package & Remuneration

R 40 000

Key Skills

SRP systems,Financial Statement Preparation,Accounting Software,Hyperion,Financial Report Writing,GAAP,General Ledger Accounting,Accounting,Regulatory Reporting,Account Reconciliation,SOX,Financial Analysis

Employment Type : Full-Time

Experience : years

Vacancy : 1