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    • Financial Accountant - Johannesburg - Network Recruitment

    Network Recruitment
    Network Recruitment Johannesburg

    4 weeks ago

    Network Recruitment background
    Description

    A skilled Financial Accountant is sought after to drive the financial success of our retail company. As a key member of our finance team, you will play a crucial role in managing financial activities and ensuring compliance with accounting standards and regulations.

    Key Responsibilities:

    • Ensure accurate and up-to-date financial records, in compliance with local accounting standards, regulations, and company policies.
    • Oversee the general ledger and ensure financial transactions are classified correctly.
    • Reconcile accounts and promptly resolve discrepancies.
    • Handle daily operational financial duties, including processing payments and addressing any ad hoc requirements.
    • Maintain the chart of accounts, suggesting improvements as needed.
    • Prepare management accounts and annual financial statements, including balance sheets, income statements, and cash flow statements.
    • Conduct month-end and year-end closing procedures, ensuring timely and accurate financial reporting.
    • Reconcile bank statements, accounts receivable, and accounts payable to ensure the accuracy and completeness of financial data.
    • Monitor and analyze financial performance against budgets, forecasts, and KPIs, offering insights and recommendations to management.
    • Assist in preparing budgets, forecasts, and financial projections to inform decision-making and planning.
    • Collaborate with internal stakeholders, including finance team members and department heads, to improve financial processes and efficiency.
    • Support external audits and regulatory compliance requirements by providing necessary documentation and explanations.
    • Stay informed about changes in accounting standards, tax laws, and regulatory requirements, ensuring the organization remains compliant.
    • Identify opportunities for process improvement and implement best practices to enhance the effectiveness and efficiency of financial operations.
    • Enhance internal controls and stock management processes by identifying areas for improvement and implementing best practices.

    The ideal candidate will have a BCom in Finance, SAIPA or SAICA articles completed, and 1-2 years of post-articles experience in a financial accounting role. Retail experience is beneficial.

    This is an excellent opportunity to contribute to a dynamic organization and shape the company's financial strategy. The estimated salary for this position is $80,000 - $100,000 per annum.

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