Financial Accountant

The Financial Accountant will handle the month end functions of balance sheet reconciliations, VAT returns and intercompany invoicing. This role will also handle the payables function for all foreign creditors to ensure accurate data in the accounts payable system and to make payments according to corporate guidelines. This is an on-site position.

• Reviewing the general ledger and preparing the balance sheet reconciliations monthly to ensure allocations are done correctly
• Reviewing the creditors reconciliations for all creditors on a monthly basis and ensuring all items are current or don’t remain on the reconciliation for longer than 6 months.
• Submitting monthly VAT returns and audit schedules when requested
• Petty Cash
• Intercompany invoicing
• Reviewing all invoices for appropriate documentation and approval prior to payment
• Developing improved payables processes and implementing with approval from the next level manager.
• Verifying entries and comparing system reports to statements.
• Maintaining accounting ledgers by verifying and posting account transactions.
• Verifying vendor accounts by reconciling monthly statements and related transactions by the 10th of the month.
• Preparing and loading EFT’s for foreign payments.
• Preparing the forward cover spreadsheet.
• Monitoring the exchange rates daily and advising if additional forward cover purchases are required.
• Contact Lens Club Reconciliation
• CLC weekly recons and payments
• Performing other related duties, as assigned.Special projects
• Key projects are set on a quarterly/annual basis.

Requirements:

Technical – Knowledge of accounting principles related to accounts payables and accounts receivables. Knowledge of foreign currencies.

Technological – Working knowledge of MS Office Suite. Intermediate proficiency in Excel. Ability to become proficient in organization’s various systems

Educational/Experiential Requirements:

• University Degree or equivalent experience.
• 2+ years of experience in an accounting environment.
• Experience in accounts payable and accounts receivable.
• SAIPA