Assistant Accountant - 11 Months FTC
Recruiter:
Abantu Staffing Solutions
Date posted:
Tuesday, March 5, 2024
Location:
East London, South Africa
SUMMARY:
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POSITION INFO:
Requirements:
- National Diploma or equivalent in Accounting/Finance.
- A minimum of 3 years working experience of which at least 2 years must be in finance (General ledger and management accounting).
- Working experience in the debtors and creditor’s function will be added advantage.
Responsibilities:
Monthly management accounts
- Maintain Cashbook, Creditors and Debtors subledger systems.
- Prepare and process journals and assist in general ledger reconciliations.
- Perform bank reconciliations.
- Process all transactions into the system to ensure month-end procedures are done within scheduled timeframes.
- Maintain and reconcile Petty Cash
- Perform individual Creditors reconciliations.
Revenue management
- Review and authorise banking daily using the organisation’s online banking system and ensures that all transactions are booked timeously.
- Assist in enforcing Debt Collection strategy by liaising with Debt Collectors and the organisation Debt Collection Unit to ensure correct allocation of payments before processing them into the system.
- Raise invoices for submission to various employers like Govt departments, Municipalities etc. on behalf of the organisation clients to facilitate payment of funded projects.
- Liaise with banks and clients regarding forex invoices for payment.
Expenditure management
- Scrutinize all payment requisitions for general payments and Loan disbursements to ensure completeness and compliance with Procurement policies and company procedures before processing them into the system.
- Ensure strict compliance with the policy by scrutinizing all travel and accommodation requests before processing them into the system.
Financial reporting
- Assist in General Ledger reconciliations and follow ups on long outstanding items.
- Respond to Internal and External audit enquiries by explaining company procedures as informed by the policies.
- Monthly, quarterly, and yearly closing procedures affecting debtors and creditors functions.
Safe keeping of financial records
- Systematically files all financial records according to the approved filing system.