Vacancy for the Post of Group Financial Accountant (Alberton)

HR/HSE Consulting; Alberton; On-site; ZAR 50 000 - 100 000; Full time

Job summary

An established industry player in the catering sector is seeking a Group Financial Accountant to lead financial operations across multiple branches. This role demands a seasoned professional with over 6 years of experience, including managerial expertise in finance. The successful candidate will oversee cashbook and creditors departments, ensuring compliance and efficiency while preparing financial reports and managing audits. Join a dynamic team where your leadership and analytical skills will drive financial excellence and contribute to the growth of the organization.

Qualifications

• 6-8 years of experience with 3+ years in managerial roles.
• Strong analytical and reporting skills with IFRS expertise.

Responsibilities

• Oversee cashbook and creditors departments, ensuring accuracy and compliance.
• Prepare monthly financial reports and manage journal entries.
• Coordinate year-end procedures and assist with audits.

Skills

Analytical Skills

Leadership

Financial Reporting

Project Management

IFRS Knowledge

Education

B.Com Honours

CA(SA)

Tools

Unit4

Job description

My client has a vacancy for a Group Financial Accountant located in Alberton, within the catering industry, serving both public and private clients. The company employs over 5,000 employees across 300 branches nationwide. The successful incumbent will be responsible for all companies within the group, including joint ventures and any new companies formed in the future.

This role requires strong leadership, analytical skills, and financial expertise to ensure efficient financial operations and compliance.

Job duties:

1. Cashbook Department:
2. Oversee cashbook clerks, including task delegation, follow-up, and leave management.
3. Conduct annual performance appraisals and develop staff growth plans.
4. Review and sign off on monthly cashbook reconciliations.
5. Manage payments with strict control, ensuring validity, accuracy, and proper authorization.
6. Handle processing and reconciliation of monthly third-party payments from payroll.
7. Update and report on daily cash flow forecasts, including investment recommendations.
8. Ensure approved payments are processed to the bank on the same day.
9. Cover clerical duties in case of staff shortages.
10. Manage daily bank statement imports and distribute reports to relevant parties.
11. Oversee petty cash operations.
12. Ensure EFT invoices are VAT compliant and controls are in place.
13. Report monthly on EFT payments and recommend supplier creation.
14. Escalate recurring EFTs to procurement.
15. Maintain bank accounts on FNB online and update the bank masterfile on Unit4.
16. Continuously improve controls and processes within the department.

1. Creditors Department:
2. Supervise creditors clerks, including performance reviews and leave management.
3. Review creditor reconciliations monthly, ensuring thorough sign-offs.
4. Manage unprocessed invoices and credit notes, coordinating with procurement and divisional accountants.
5. Review and approve payment proposals and supplier maintenance updates.
6. Report on creditor age analysis and reconciliation status.
7. Recommend process improvements and supplier closures.
8. Review and report on B-BBEE status of suppliers and follow up on submissions.
9. Manage supplier maintenance workflows.
10. Take responsibility for related tasks as assigned.

1. General Finance:
2. Propose improvements to controls and processes affecting the finance function.
3. Ensure interdepartmental efficiency and cohesion.
4. Review and summarize balance sheet reconciliations monthly.
5. Maintain asset registers and oversee asset processing.
6. Coordinate year-end procedures and assist with audits.
7. Support B-BBEE audits and reporting.
8. Prepare monthly financial reports and manage journal entries.
9. Maintain electronic records and ensure deadlines are met across departments.
10. Handle government statistics submissions, payroll reconciliation, and insurance claims.
11. Report on departmental expenses and inter-divisional charges.
12. Assist with budgeting, VAT returns, and statutory filings.
13. Perform other related tasks as assigned.

Requirements:

• B.Com Honours, SAIPA or CA(SA) registered, with completed articles at accredited institutions.
• Over 6-8 years of total experience, including more than 3 years in managerial roles, preferably in the service industry.
• Strong analytical, reporting, and accounting skills, with extensive IFRS knowledge.
• Excellent leadership, project management, and soft skills.
• Driver’s license, own vehicle, and willingness to travel as needed.

Remuneration will depend on proven experience and knowledge. Interested candidates should email their CV, certificates, and latest payslip as a Word document to [e-mail] or [e-mail].