Financial Accountant

SoluGrowth; Johannesburg; On-site; ZAR 400,000 - 600,000; Full time

Job summary

A leading company in Johannesburg is seeking a Financial Accountant to prepare financial reports, manage budgets, and ensure compliance with IFRS. The role involves liaising with auditors and maintaining accurate financial records, providing essential support to the Finance Manager. Ideal candidates will have a strong background in accounting and financial management, with the ability to work efficiently under pressure.

Qualifications

• Experience in financial reporting and management accounting.
• Strong knowledge of IFRS and tax regulations.
• Ability to work under pressure and meet deadlines.

Responsibilities

• Prepare financial reports and management accounts.
• Assist with budgeting and tax compliance.
• Liaise with auditors and ensure compliance with IFRS.

Skills

Financial Reporting

Budgeting

Tax Compliance

IFRS Knowledge

Reconciliation

Education

Bachelor's Degree in Accounting or Finance

Job description

Prepare financial reports required by various stakeholders and accurately reflect business position and performance. Analyse the entity’s financial performance and provide financial data to the rest of the team, allowing them to make budgeting and investment decisions as and when required. Providing professional accounting support to the Finance Manager.

Responsibilities

Management Accounts

Ensuring all month end journals are processed expeditiously and accurately.

Review monthly reconciliations (bank, debtors, creditors, prepayments, and accruals)

Prepare monthly management accounts (Income statement, Balance Sheet, Cash Flow statement)

Input forecasts obtained from the Financial manager into the management accounts

Liaise with relevant internal stakeholders to manage spend (over or under)

Ensure accounting treatment of various transactions is in accordance with IFRS

Maintain accurate reconciliations

Ability to assist with various inputs required for CEO reports

Cashbook/Financial Accounting

Capture and document all bank statement transactions accurately

Prepare and finalize monthly bank reconciliations

Resolve issues with promptly to ensure month end deadlines are met.

Ensure adhoc payments and receipts are allocated to the correct accounts.

Tax

Review of VAT 201

Review and release SARS (VAT) payments

Assist with loading provisional taxes bi-annually

Assist with providing information for annual tax returns

Review tax

Liaise with relevant consultants in relation to SARS matters.

Budget

Assist the FM in preparing the operational expenses budget

Once approved, load approved budget on the system

Audit

Ensure all deadlines are met.

Field off requests from auditors independently and promptly.

Ensuring all year end journals are processed expeditiously and accurately.

Source information requested by auditors to support and expedite the audit process e.g. Policies, Financial statements etc.

Liaison with auditors for query resolutions

Prepare Annual Financial Statements in accordance with IFRS .

Risk Management

Assist FM with developing effective financial policies and control procedures.

Maintaining all internal controls and systems in the department to ensure efficiency whilst supporting the FM

Monitor, manage and recommend improvements to the current internal control procedures

Identifying and report any breach in controls with the finance environment

Administration

Ensure payment policy is followed

Post and/or authorise transfers for the Financial Manager to review and release

Liaison with Bankers as and when necessary

Proper, well-organized, and user-friendly filling system.

Support data collection processes and ensure financial data quality

Save correct monthly Trial Balances for each entity on server (Previous year trial balance, Month trial balance, Year to date GL, attach bank statement relevant to the month)

Support financial administrators with banking/payments when required

Maintaining effective communication and positive working relationships