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Richards Bay

    Senior Accountant - Richards Bay, South Africa - Fives

    Fives
    Fives Richards Bay, South Africa

    Found in: Talent ZA C2 - 4 days ago

    Default job background
    Permanent position
    Description

    Take part in the Sustainability Industry

    Every day in 25 countries, we (9,000 people) create the sustainable solutions the world needs by inventing the technologies of tomorrow across the entire spectrum of industry: from metallurgy to advanced logistics, from cement plants to the tech industry, from the IoT to aerospace.

    By Joining Fives, you'll become an entrepreneur who is involved in the design and management of the project from start to finish. Come and work with a group of passionate women and men, proud to be pioneers and above all proud to make the world move forward.

    Senior Accountant

    Legal Entity: Fives Services Southern Africa (PTY) Ltd Country: South Africa State: Kwa Zulu Natal Province City: Richards Bay Job Family: Finance Job Type: Permanent position Work Location: On-site Compensation:

    Fives Group is a globally renowned industrial engineering company with worldwide operations in more than 30 countries. Fives Group designs and supplies machines, process equipment and production lines for the world's largest industrials including the aluminium, steel, glass, automotive, aerospace, logistics, cement, minerals, energy and sugar sectors. Within Fives, the Aluminium business line is specialised in the design and supply of process equipment and the management of complete installations in the three sectors of the Aluminium industry, namely Carbon, Reduction and Casthouse. Fives provides industrial solutions and associated services that meet customers' needs and requirements in terms of performance, product quality and environmental footprint.

    It is with you, that industry can do it

    Your 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.

    • Why come to Fives ?

    By becoming part of Fives, you will be joining an international group that will provide you access to numerous opportunities for growth and mobility, in a wide number of fields.

    We will give you room to learn, grow and develop, both professionally and personally, thanks to our onboarding and support programs. Indeed, you will be able to benefit from a work from home policy (1 day per week) and enjoy a number of other benefits [company contribution to medical aid, retirement fund, death and disability, 13th cheque].

    Industry can do it with you

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