Group Accountant

 

Recruiter:

Babantle Experts

Job Ref:

Group Accountant

Date posted:

Sunday, June 5, 2022

Location:

Pretoria, South Africa

Salary:

Negotiable


JOB SUMMARY:
To ensure that the financial and accounting function within the group of companies is operating effectively

JOB DESCRIPTION:

Requirements:
  • Minimum of related degree in Accounting required
  • Professional Accounting qualifications, for example, CA or CFA would be an added advantage
  • Knowledge of the Companies Act, King IV on Corporate Governance
  • Minimum of five (5) to eight (8) years of working experience in a finance environment covering most finance discipline.
  • Experience in a Consulting or Researching industry would be an added advantage
  • Experience in Sage Evolution.
  • Supervisory or management experience would be an added advantage.

Duties but not limited to:

Strategic Planning

  • Strategy sessions contributions, inputs and presentations.
  • Input to drafting of organisational policies and procedures especially in finance area
  • Product-based budget aligned to strategic objectives after obtaining inputs from all relevant stakeholders
  • Review that transactions are captured correctly and in the correct accounts by bookkeeper based on company knowledge
  • Ensure that accounting transactions are recognised in line with International Financial Reporting Standards (IFRS) both in Management Accounts and Annual Financial Statements – revenue recognition; calculation of cost of sales; recognition of discounts; treatment of related-party transactions, recognition of inventory, monthly accruals, smoothing of lease contracts, etc.
  • Submit weekly reports to Senior Management Forums
  • Prepare and submit Management Accounts 2 nd of every month in line with approved format and standards for the group .
  • Prepare, submit and present Monthly EXCO reports .
  • Prepare, submit and present Board Reports according to contracted timelines
  • Prepare the following reconciliations on a monthly basis in line with contracted standards and best practice:
  • Bank reconciliations o Work-in-progress o Debtors – trade o Staff debtors o Creditors o Inventory & stock count o Credit Cards o Petrol Cards
  • Ensure that financial information is aligned among all systems and that differences are reconciled between Pastel, Artofact, Hubspot, MI, Yellowfin, etc.
  • Preparation of Invoices according to clients’ contracts and sales reports
  • Preparation (or review thereof) and release of payments according to approved projections and ensure they are supported with appropriate documentation
  • Ensure Repetitive invoices are raised monthly in line with the schedule
  • Prepare Cash Flow Projections and present to Management highlighting risks and make investment recommendations
  • Manage Collections (debtors outstanding days) by reviewing Debtors Ageing and making follow -ups with clients re: long outstanding amounts

 

NB! This job is now closed. You can apply for other jobs by uploading your CV.



 

 

 

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