Financial Accountant

Sagen Advisory; Stellenbosch; On-site; ZAR 420,000 - 480,000; Full time

Job summary

A prominent group within the Cape Winelands is seeking a Financial Accountant responsible for managing financial operations in the farming division. The role requires a finance degree, relevant experience, and knowledge of the agricultural sector, providing ample opportunities for career growth.

Qualifications

• 2+ years of accounting experience.
• Knowledge of agricultural practices and cost structures.
• Proficient in accounting software with Business Central experience.

Responsibilities

• Assist in preparation of financial information up to trial balance.
• Ensure timely entry of transactions into accounting software.
• Track costs associated with agricultural productivity.

Skills

Financial Reporting

Budgeting and Forecasting

Data Analysis

Communication

Critical Thinking

Problem-solving

Attention to Detail

Education

BCom Management Accounting, Finance, Accounting

AGA(SA), CA(SA), CIMA, or SAIPA qualified

Tools

Business Central

Farmtrace

Excel

Job description

A prominent group within the Cape Winelands is looking to employ a Financial Accountant. This group has notable concerns within the Agri, Wine, Hospitality and Property sectors and is a recognised brand.

The ideal candidate will have a finance degree, completed articles (SAICA, CIMA, SAIPA), and preferably some post-articles experience. Experience within the Agriculture or Farming environment will be an added benefit, along with the related system experience.

This is a large and diverse group that will offer a motivated and dedicated finance professional valued experience and an opportunity for career growth.

Purpose of the role :

The Financial Accountant of the farming division, in conjunction with the Head of Finance, is responsible for managing the financial operations of the farm. This role involves applying core accounting principles within the context of agricultural activities, such as crop production, livestock management and equipment utilisation. The financial accountant ensures accurate financial reporting, budgeting, and compliance with tax regulations and industry-specific standards.

Working closely with farm managers and stakeholders, the financial accountant provides critical insights into farm profitability, cost efficiency, and cash flow planning. The role also includes navigating the financial implications of agricultural cycles, market volatility, and environmental compliance.

Duties and Responsibilities :

Financial Record Keeping & Reporting

• Assist in the preparation of financial information up to trail balance.
• Ensure timely entry of transactions into accounting software (Business Central).
• Maintain accurate financial records for all farm / agricultural activities. Daily processing of bank accounts, full responsibility for the debtors function, review monthly payments and processing of month-end journals.
• Ensure all balance sheet accounts have proper reconciliations completed, including accounts receivable, accounts payable, assets, bank.
• Assisting in preparing the monthly management accounts.

Budgeting & Forecasting

Assist the Head of Finance with the development of annual budgets and financial forecasts in collaboration with farm managers or owners.

Assisting with cash flow forecasting to ensure liquidity for operations and investment.

Cost Accounting & Analysis

Track costs associated with crop production, livestock management, machinery, labour, and other inputs.

Taxation & Compliance

Ensure compliance with company policies, regulations, and laws.

Maintain proper documentation for audits and inspections.

Payroll & HR Accounting

Approval of Bi-weekly wage payment files.

Process monthly salary and wage journals

Inventory & Asset Management

Maintain fixed asset register.

Calculate depreciation and manage asset replacement planning.

Qualifications and Experience :

BCom Management Accounting, Finance, Accounting.

Professional qualification is highly desirous.

AGA(SA), CA(SA), CIMA, or SAIPA qualified.

2+ years of accounting experience.

Agricultural industry experience highly valued.

Knowledge of agricultural practices, seasonal cycles, and associated cost structures.

Proficient in accounting software, experience with Business Central is highly advantageous.

Familiarity with farm management software (Farmtrace) is a definite benefit.

Strong Excel and data analysis skills.

Additional Competencies :

Financial Reporting.

Budgeting and Forecasting.

Data Analysis.

Communication.

Critical Thinking.

Problem-solving.

Time Management.

Adaptability.

Attention to Detail.

Remuneration :

R420,000 to R480,000 per annum ctc.