SUMMARY:
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POSITION INFO:
our role will be to:?
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.
Accountabilities:
- 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 & Qualifications
Degree in Accounting or Finance; CA (SA) preferred; Extensive knowledge of accounting principles, practices, and regulations, including IFRS and tax laws.
We are seeking someone who has the following experience:
- > 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.
