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MANAGEMENT ACCOUNTANT - R40k pm - STELLENBOSCH
Job summary
A staffing agency is seeking a Management Accountant in Stellenbosch, South Africa. This role involves financial close processes, budget analysis, and compliance preparation. Candidates should have experience in accounting standards and effective communication skills. The position offers a salary of R40k per month and opportunities for process improvements and stakeholder communication.
Qualifications
- Experience in financial close processes, including journal entries and reconciliations.
- Strong analytical skills for budget vs. actual analysis.
- Knowledge of revenue recognition standards.
Responsibilities
- Review and post journal entries for accruals and adjustments.
- Conduct reconciliations for bank accounts and balance sheet accounts.
- Perform inventory reconciliation to ensure valuation accuracy.
- Analyze financial performance against budget and investigate variances.
- Prepare documentation for external audits.
MANAGEMENT ACCOUNTANT - R40k pm - STELLENBOSCH
Our client in the FMCG / Manufacturing sector has an exciting opportunity for growth available for a Management Accountant in the beautiful Stellenbosch area.
- Financial Close Process:
- Journal Entries: Review and post necessary journal entries to record accruals, adjustments, and corrections as well as provisions.
- Reconciliations: Conduct reconciliations for bank accounts, accounts payable, and other balance sheet accounts to ensure accuracy.
- Inventory: Perform inventory reconciliation to valuation accuracy, Sage vs POS (point of sale).
- Budget vs. Actual Analysis:
- Compare actual financial performance to budgeted amounts. Identify and analyse variances, investigating any discrepancies and providing insights to management.
- Revenue Recognition:
- Ensure proper recognition of revenue in accordance with accounting standards and company policies.
- Ensure completeness and accuracy of all Tender types.
- Expense Review:
- Review and analyse expenses incurred during the month. Confirm accuracy and appropriateness of expense allocations.
- Ensure C.O.S is aligned to SAGE vs all POS systems
- Ensure all Shrinkages are posted timeously.
- Compliance and Audit Preparation:
- Prepare working papers and documentation external audits.
- Financial Systems Maintenance:
- Update financial systems with month-end closing entries and ensure data integrity. Review system-generated reports for accuracy.
- Communication and Reporting:
- Communicate financial results, analysis, and insights to relevant stakeholders, including senior management and department heads.
- Documentation and Process Improvement:
- Maintain documentation of month-end processes and procedures. Identify opportunities for process improvements to streamline the financial close process.
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* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.