Senior Financial Accountant

Our client in the manufacturing sector, based in Edenvale, is currently looking to employ a Senior Financial Accountant.

An awesome career opportunity awaits.

Requirements:

• Minimum bachelor’s degree in accounting and professional body qualifications CPA/ACCA/CIMA/etc.
• 5-7 years working experience in a manufacturing environment and strong working knowledge of standard costing.
• Proficient and have gained a solid and full understanding of SAP operations in a manufacturing environment and familiar with HFM (Hyperion).
• Advanced knowledge of Excel, Word, and PowerPoint.
• Excellent communication skills in providing cost/management accounting services.
• Demonstrated understanding of inter-departmental needs in financial areas to meet company’s objectives.
• Proven analytical and pragmatic skills.
• Strong capabilities in processes, improvements, and measurements.
• Ability to multitask and meet tight reporting deadlines locally and overseas for consolidation.
• Good knowledge of Company Secretarial compliance requirements and Corporate Law in South Africa.
• Sound understanding of various taxes in South Africa including import and export compliance requirement and Double Taxation Agreement with various countries.
• Familiar with US/EMEA GAAP and IFRS accounting standard.
• Technical Accounting, Tax, Corporate Law knowledge, innovative, proactive, team orientated, results focused, flexibility, high energy levels, confident, integrity, assertive and open to challenge.

Responsibilities and expectations but not limited to:

• Directs the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, cost, property, and operating expenses records.
• Maintain records of financial operating performance for comparison with estimated budgets and the integrity of the SAP system.
• Prepare income and balance sheet statements and prepare other accounting statements and reports as required monthly, quarterly, and annually for internal and external reporting requirement.
• Prepare all management and financial reports including sales, profit and loss, bank account reconciliation, balance sheet and reconciliation of capital additions, creditors and debtors’ summaries and general ledger accounts.
• Analyse financial reports and records.
• Review monthly reconciliation of all Balance Sheet items to ensure that all accounts are properly accounted for and in order with no unusual entries.
• Responsible for maintaining the raw material and finished goods standard costing and monthly standard cost update.
• Cash Flow Management - prepare the monthly cash flow report and manage the FX conversion requirement to meet the business requirement.
• Prepare financial data (Annual Corporate Tax Return, Fringe Benefit Tax, VAT, Payroll, required for submission to the South Africa Tax Office (SARS), and other returns to the Bureau of Statistics or CIPC, etc. as required.
• Coordinates preparation of external audit materials and external financial reporting.
• Oversee the payment of creditors and check documentation for accuracy.
• Maintain and update project system, fixed asset registers and participate in the preparation of capital expenditure reports and budgets as delegated.
• Participate in the modification of reporting formats and schedules of accounts in accordance with company policy.
• Conduct special studies as required; develop or recommend accounting methods and procedures.
• Assist in audit of ISO 9001/14001.
• Management, training, coaching and leadership of finance team.
• Handle and manage all the Treasury functions including all banking matters liaising with Reserve Bank of South Africa and bankers.
• Participate and assist in corporate projects and ad-hoc reports as required.
• Ensure compliance with all local statutory requirement for taxation, pension, medical, labor, company corporate secretarial duties.
• Oversee office administration and operations procedures for Africa.

Please note should you not receive a response within two weeks of applying please consider your application unsuccessful.