Senior Accountant

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

Job summary

A financial services agency in Johannesburg is looking for an experienced Financial Accountant to manage financial reporting, budgeting, and compliance processes. The ideal candidate should hold a Bachelor's in Accounting and have considerable hands-on experience in financial management and analysis. Strong Excel skills and proficiency in accounting software are required. This role offers opportunities for growth in a dynamic team environment.

Qualifications

• 3-5 years of experience in accounting.
• 1-3 years post-articles experience for CA (SA) or 2-3 years for CIMA.

Responsibilities

• Prepare monthly management accounts and analyze financial data.
• Lead month-end and year-end closing processes.
• Manage payment processing and ensure timely disbursements.
• Maintain and reconcile general ledger accounts.
• Establish internal controls and ensure compliance.
• Oversee stock receipts and reconcile purchases.
• Implement inventory valuation methods.
• Contribute to budgeting and forecasting processes.

Skills

Financial Reporting and Analysis

Advanced Excel skills

Knowledge of Microsoft Office

Knowledge of Pastel or similar accounting systems

Education

Bachelor of Accounting with Honours

CA (SA) or CIMA certification

Job description

Minimum Requirements :

• Bachelor of Accounting with Honours or BCOM Hons (Accounting) with 3-5 years of experience
• CA (SA) with 1-3 years post-articles experience or CIMA with 2-3 years of experience
• Good knowledge of Microsoft Office
• Advanced Excel skills
• Good knowledge of Pastel or similar accounting systems

Key Accountabilities :

• Financial Reporting and Analysis : Prepare accurate and timely monthly management accounts, including balance sheets, income statements, and cash flow statements. Analyze financial data, trends, and performance metrics to provide actionable insights to management.
• Month-end and Year-end Close : Lead the month-end and year-end closing processes, ensuring all financial activities are accurately recorded. Assist in financial audits by providing necessary documentation and information related to accounts payable. Assist in the annual budget process.
• Payment Processing : Prepare and process payment batches and electronic payments. Manage the payment schedule to ensure timely and accurate disbursements. Monitor and address any issues related to payment processing, such as rejected payments or inquiries from suppliers.
• General Ledger Management : Maintain and reconcile general ledger accounts to ensure accuracy and completeness. Identify and rectify discrepancies, investigating and resolving variances.
• Financial Controls and Compliance : Establish and enforce internal controls to safeguard financial assets and ensure compliance with industry regulations. Assist in the preparation for and coordination of internal and external audits. Establish and enforce internal controls related to stock receipts to ensure accuracy and prevent errors.
• Stock Receipts and Reconciliation : Oversee the receipt of stock, ensuring accurate and timely recording of all transactions. Reconcile stock receipts with purchase orders, ensuring consistency and resolving discrepancies. Prepare monthly supplier reconciliations and work closely with suppliers to address any issues related to stock receipts.
• Inventory Valuation : Work closely with procurement and supply chain teams to understand stock valuation methods. Implement and maintain appropriate stock valuation practices, such as FIFO or LIFO.
• Budgeting and Forecasting : Collaborate with the finance team to contribute to the budgeting and forecasting processes. Provide financial insights to support the development of accurate and realistic budgets.