General Ledger Accountant

Our client is seeking a dynamic, problem-solving and figure-oriented individual who will be responsible for general accounting activities within the accounting department to join their team.

The role involves managing specific centralized functions for various ledgers across Africa and is responsible for applying accepted accounting principles and procedures to analyze financial information, prepare accurate and timely financial reports and statements and ensure compliance with appropriate accounting control procedures.

Job type: Permanent, on-site

Location: Cape Town

Duties including but not limited to:

1. Monthly reconciliation of all Accounts Receivable and Accounts Payable ledger accounts
2. Balance General Ledger to Accounts Receivable and Accounts Payable sub-system balances and reconcile
3. Provision for doubtful debts calculations
4. Process all payments via the ERP system from the bank statements and reconcile statements
5. Obtain invoices and supporting documents and accrue invoices if not processed
6. Maintain Fixed Asset Register
7. Ensure that the General Ledger and Fixed Asset / Lease sub-systems are aligned
8. Apply technical knowledge to the capitalization and decapitalization of assets
9. Ensure additions and disposals to fixed assets / leases are recorded accurately
10. Monthly reconciliation of fixed asset and leases to sub-systems
11. Quarterly lease expense reconciliations and submission to Corporate Head Office.
12. Lease accounting calculations to be prepared and reconciled
13. Ensure inventory sub-systems to General Ledger balance monthly
14. Monthly reconciliation of all inventory accounts and timeous inventory variance resolution
15. Prepare and process all relevant journals with appropriate supporting information
16. Ensure the accounting records correctly reflect the results of business units’ financial position
17. Maintain Balance Sheet Reconciliations in line with corporate requirements
18. Follow up on corrections and clearing of any required balance sheet reconciling items
19. Carry out monthly close procedures
20. Preparation of financial information and supporting schedules according to monthly close schedule
21. Analyse revenue and expenses
22. Record revenue in terms of revenue recognition policy and compliance with IFRS
23. Provide Operations with all financial information and analysis to support management decisions.
24. Organize and preparation of monthly, quarterly, yearly financials
25. Assist with organizing and preparation of information as required for statutory and tax audits in respective countries.
26. Assist in documentation and monitoring of internal controls (SOX).
27. Carrying out all duties in accordance with the quality assurance procedures / departmental works instructions.
28. Comply with OHS standards.

Minimum Requirements:

1. Minimum Bachelor’s Degree (NQF7) in Accounting or Finance.
2. Professional Accountant (SA), AGA (SA) – advantageous
3. 5 Years general accounting experience in commerce or completed SAIPA / SAICA Articles / formal accounting training
4. Knowledge of IFRS
5. Good understanding of accounting principles (IFRS, US GAAP and Sox reporting)
6. ERP system experience

Should you meet the above criteria, we invite you to apply directly to the advertisement. Should you not hear back from us within 2 weeks of application, kindly consider your application as unsuccessful.