SUMMARY:
An opportunity for an experienced SENIOR ACCOUNTANT is required for permanent employment based in Richards Bay.
POSITION INFO:
NEW EMPLOYMENT AVAILABLE
Title: Senior Accountant
Area: Richards Bay
Industry: Manufacturing / Engineering / Projects
Ref No.: TRG 2154
Salary: Market related TCTC avail/neg (+ benefits)
Start Date: As soon as possible
An opportunity for an experienced SENIOR ACCOUNTANT is required for permanent employment based in Richards Bay.
- To oversee the accounting activities and reporting of the organisation, ensuring accuracy, compliance, and efficiency.
- As a Senior Accountant, your role involves preparing and reporting monthly and quarterly financial statements, tax submissions, implementing accounting procedures, perform analysis of the financial data and enhance organizational performance.
- As part of an international group, you will also be involved in group intercompany reconciliation and consolidation.
- Additionally, you will play a key role in coordinating audits, managing tax compliance, and support the growth and development of the Finance team.
DUTIES & RESPONSIBILITIES:
- Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements, in accordance with accounting standards and regulatory requirements.
- Provide monthly analysis of financial performance of the business with in-depth review of balance sheet and profit and loss statement.
- Maintain the integrity and accuracy of the general ledger by supporting and reviewing the accounting processes.
- Preparation and submission of group quarterly reporting.
- Local and international intercompany reconciliation.
- Generate and analyse aging reports monthly to identify overdue payments and outstanding receivables, taking proactive measures to resolve issues and improve cash flow.
- Review month-end payments process to ensure accuracy, compliance, and internal control effectiveness, verifying authorization and documentation to prevent errors and fraud.
- Establish and maintain internal controls to safeguard company assets, prevent fraud, and ensure compliance with policies and procedures.
- Tax compliance: Prepare and file tax returns, ensure compliance with tax laws and regulations, and support tax audits by providing necessary documentation and information.
- Coordinate and support internal and external audits by providing requested documents, explanations, and assistance to auditors to ensure audit objectives are met efficiently.
- Maintain accurate records of fixed assets, including acquisition, depreciation, and disposal, in accordance with accounting standards.
- Involvement and liaison with Warehouse Management with Cyclical and the Bi-Annually Stock take and related reconciliations to the system.
- Regularly assess inventory levels and turnover rates, optimizing management strategies to minimize excess or obsolete stock and reduce holding costs.
- Review insurance policies to ensure adequate coverage and cost-effectiveness.
- Quarterly Stats submission as required.
- Assist with the development of new financial models to improve efficiency and reporting quality.
- Assist in the development of annual budgets, forecasts, and financial plans by providing accurate and timely financial data and analysis.
- Maintain and optimize accounting software and financial systems to streamline processes, improve efficiency, and enhance data accuracy and security.
- Assist in financial planning activities, investment evaluation, to support strategic decision-making and long-term growth initiatives.
- Prepare ad hoc financial reports and analysis as requested by management to address specific business needs or inquiries.
EDUCATION, QUALIFICATION, EXPERIENCE & SKILLS:
- Degree in Accounting or Finance; CA (SA) preferred; Extensive knowledge of accounting principles, practices, and regulations, including IFRS and tax laws.
- 10 years proven work experience in an accounting role (ideally in Manufacturing and/or Project Management industries).
- Excellent organisational and time-management skills.
- Strong analytical skills, attention to detail, and ability to interpret complex financial data.
- Ability to work independently and meet deadlines.
- Enhancement and motivation of a positive team spirit.
- Excellent written and verbal communication skills.
- Advanced Microsoft Excel skills.
- Auditing background preferred.
- SAP experience would be beneficial.
- Knowledge in IT, VBA, SQL and/or Power BI would be an advantage.
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APPLICATION INSTRUCTIONS
- We will ONLY consider applications from suitably experienced candidates that meet the requirements of this vacancy.
- Interested applications are requested to submit their updated CV’s (in Word.doc format) via email to therecruitmentguy @ outlook .com using Ref # 2154
- Attach any relevant documentation that will support & enhance your application
- (All) Tertiary and Secondary qualifications
- (Any) Relevant Professional Memberships / Partnerships
- (Any) Trade, Training and/or In-House certificates etc
- (Any) Relevant operating and/or vehicle / hardware / equipment licenses,
- (All) Previous employment references and their contactable details.
- Correspondence is reserved for the shortlisted candidates who meet the minimum requirements.
- Should you not heard from us within 3 weeks of your application, please consider your application to be unsuccessful.
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