Financial Accountant

PPS Recruitment; Wes-Kaap; On-site; ZAR 350,000 - 500,000; Full time

Job summary

PPS Investments in the Western Cape is seeking a finance assistant to support the finance team across accounting functions, payroll administration, tax compliance and LTIS/BBBEE initiatives. The role emphasizes timely processing and accuracy in financial data.

You will work with MS Excel as a core tool, with opportunities to apply Power BI and Pastel/Sage experience. A relevant finance qualification is required, with 2–3 years in a similar role preferred.

Qualifications

• 2–3 years experience in a similar role with exposure to the investment/asset management industry is advantageous.
• Exceptional proficiency in MS Excel is essential.
• Power BI experience is advantageous.
• Pastel experience is advantageous.
• Sage experience is advantageous.
• Understanding of accounting principles.
• Relevant Finance/Accounting related tertiary qualification.

Responsibilities

• Processing of company accounts on a monthly basis including trial balance, general ledger, cashbooks and journals.
• Detailed review and preparation of monthly ledger reconciliations.
• Preparing supplier and customer age analysis.
• Preparation of VAT and submission of VAT201 returns.
• Processing of the company credit card.
• Preparing and maintaining the fixed asset register.
• Drafting annual financial statements in accordance with IFRS and assisting with group consolidation on OneStream.
• Liaising with External and Internal auditors on an annual basis.
• Automation of existing processes within the finance department for improved efficiency and evaluating the effectiveness of internal controls across processes.
• Assisting with capital adequacy maintenance and cash flow management.

Skills

MS Excel

Power BI

Pastel

Sage

Accounting principles

Education

Finance/Accounting related tertiary qualification

Tools

MS Office

MS Teams

SAGE or similar finance/payroll system

Job description

PPS Investments is part of the PPS Group, which for over 8 decades has been the trusted financial partner for graduate professionals in South Africa. Unlike a company that is listed on a stock exchange, PPS belongs to its members and operates under the ethos of mutuality. This means that qualifying members can exclusively share in the profits of the Group, through the unique PPS Profit-Share Account.

PPS Investments exists to create and grow the wealth of graduate professionals and their families to live the lives they want in a world worth living in. We offer diversified and flexible investment solutions that are mutually beneficial to our clients in the long run because we believe that success is better shared.

Purpose of the job:

The successful candidate will support the finance team across various accounting functions, including payroll administration, financial statement preparation, reconciliations, tax compliance, and process automation, and contribute to the management of the company's Long Term Incentive Scheme (LTIS) Trust and BBBEE initiatives.

Ideal experience:

• 2 -3 years experience within a similar role with exposure to the investment/asset management industry will be as an advantage
• Exceptional proficiency in MS Excel is essential
• Power BI experience is advantageous
• Pastel experience is advantageous
• Sage experience is advantageous
• Understanding of accounting principles
• Relevant Finance/Accounting related tertiary qualification

Systems knowledge:

• Proficient in MS Office and MS Teams, SAGE or similar finance/payroll system

Competencies & ideal personality attributes:

• Strong attention to detail
• Ability to work with clear deadlines
• Strong communication and interpersonal skills
• Problem solving and analytical skills
• Ability to take ownership and be self-motivated
• Diligence and numeracy ability
• Passionate, ambitious, and energetic

Please note:

• You acknowledge that any information supplied to PPS is provided voluntarily and therefore constitutes unconditional, specific and voluntary consent to the processing of such information by PPS. Your personal information will be processed for facilitating your employment application with PPS including any statutory or regulatory compliance with which PPS must comply (where applicable) and for the legitimate interests of PPS and yourself, both during the recruitment process and thereafter. You may instruct PPS by written notice to cease the processing of your personal information at any time and, subject to the requirements of applicable South African law, request that PPS delete and/or de-identify such personal information.
• Based on the nature of our business, honesty and integrity are inherent requirements for our roles.
• All appointments are made in line with the Company's Employment Equity targets.

Duties and Responsibilities

1. Management Accounting:

• Processing of company accounts on a monthly basis including but not limited to the trial balance, general ledger, cashbooks and journals.
• Detailed review and preparation of monthly ledger reconciliations.
• Preparing supplier and customer age analysis.
• Preparation of VAT and submission of VAT201 returns.
• Processing of the company credit card.
• Preparing and maintaining the fixed asset register.
• Drafting annual financial statements in accordance with IFRS and assisting with the group consolidation on OneStream.
• Liaising with the External and Internal auditors on an annual basis.
• Automation of existing processes within the finance department for improved efficiency and evaluating the effectiveness of internal controls across processes.
• Assisting with capital adequacy maintenance and cash flow management.

2. Long Term Incentive Scheme (LTIS) Trust:

• Assisting with the capturing and management of the LTIS accounting records monthly.
• Preparation of journals for other participating entities within the greater PPS Insurance group.
• Automation and streamlining of existing LTIS processes including IT3b tax certificates and beneficiary statements.

3. Payroll

• Ensure the accurate and timeous processing of employment changes including new appointments, terminations, and general payroll input.
• Maintenance of employee payroll data with monthly payroll changes including valid employee expense claims per contracts and latest SARS allowances.
• HR benefits administration including contributions; withdrawals; reconciliations and payments to providers.
• Stakeholder management and manage enquiries
• EMP 501 and IRP5 submissions.

4. Broad Based Black Economic Empowerment:

• Processing of weekly supplier payment runs.
• Implementing and driving BBBEE strategy when it comes to procurement across the business.
• Assisting with achieving the desired BBBEE outcomes during the BBBEE audit.

5. Business reporting:

• Assist with business reporting to various stakeholders on a monthly basis.
• Analyzing and modelling existing data points to identify efficiencies
• Provide business support to other departments and,
• Ad-hoc tasks and analysis, queries as required at the time