Financial Accountant

Red Ember Recruitment (PTY) Ltd; Durban; On-site; ZAR 350 000 - 450 000; Full time

Job summary

A recruitment agency is seeking a Financial Accountant in Durban. The role involves preparing financial reports and various reconciliations, with a preference for candidates with 2-3 years experience in the financial services or insurance sectors. Candidates should possess a B. Com Accounting and strong analytical skills. Responsibilities include processing accounting entries and supporting audits.

Qualifications

• Minimum of 2-3 years' experience in financial accounting.
• Experience in Insurance or Financial services preferred.
• Thorough understanding of IFRS, VAT, and Income Tax.

Responsibilities

• Process accounting entries and prepare supporting schedules.
• Prepare monthly petty cash, bank, and GL reconciliations.
• Prepare VAT and Income Tax computations and related tax returns.
• Reconcile intercompany balances and prepare related confirmations.
• Compile supporting documentation for audits.
• Support implementation of internal controls.

Skills

Strong analytical skills

Attention to detail

Ability to manage changing priorities

Solid Excel skills

Education

B. Com Accounting or related qualification

Tools

MS Office

Job description

Job Description

Red Ember Recruitment, on behalf of our client, is seeking to hire a Financial Accountant who will be responsible for preparing accurate and timely financial reports for the assigned business units.

Responsibilities

• Process accounting entries and prepare supporting schedules.
• Prepare monthly petty cash, bank and GL reconciliations.
• Prepare VAT and Income Tax computations and related tax returns.
• Reconcile intercompany balances and prepare related confirmations.
• Compile supporting documentation and schedules required for external and internal audits.
• Support the implementation of internal controls, report financial discrepancies and errors.
• Assist in the preparation of Annual Financial Statements.

Requirements

• B. Com Accounting or any other related qualification.
• Experience and Knowledge required.
• Minimum of two to three (2 - 3) years’ experience.
• Experience in Insurance or Financial services is preferred.
• Thorough understanding of IFRS, VAT and Income Tax.
• Strong analytical skills.
• Must be able to work independently and with minimal supervision.
• MS Office with solid Excel skills (intermediate).
• Strong attention to detail.
• Ability to manage changing priorities and competing demand.