Accountant - Queenstown, South Africa - Abantu Staffing Solutions

Abantu Staffing Solutions Queenstown, South Africa

6 days ago

Full time

Description

Purpose of the job:

The Account will oversee the financial function ensuring accuracy, compliance and strategic insights. You will play a crucial role in the preparation of monthly reports, reconciliations, accruals and month-end journals. Additionally, your expertise in budgeting, forecasting and costing analysis will contribute to informed decision-making and optimised financial performance across relevant divisions

Minimum Requirements:

Grade 12/ Matric
CIMA qualification or B.com Accounting
3 Years' experience within the FMCG industry
5 Years' experience in management accounting
Financial Reporting experience
Costing experience

Main Responsibilities:

Cost Management and Financial Analysis:

Provide tools to measure costs and analyze financial information to identify opportunities for cost reduction and revenue enhancement
Deliver regular and detailed feedback to managers on financial results, including KPI reports generated through Jet reports

Monthly Financial Reporting:

Prepare and submit the Monthly Pack by the 15th of the following month, including Income Statements, Balance Sheets, Cash Flow Statements, and Cost to Serve reports
Generate other management reports as required, ensuring accuracy and relevance.

Month-End Processes:

Process month-end journals accurately and in a timely manner
Analyze monthly results to identify anomalies, address errors, and prevent recurrence
Assist with Balance Sheet reconciliations and VAT reconciliations

Financial Forecasting, Budgeting, and Statutory Compliance:

Assist in the preparation and review of yearly budgets, rolling budgets, and 5-year financial forecasts
Ensure compliance with statutory requirements, including VAT Act and deadlines for submission of returns and financial reports to Stats SA

Internal Controls and Audit Support:

Assist in ensuring effective internal controls, including involvement in stock takes and ad hoc internal audit tasks
Maintain audit files and assist auditors during external audits, implementing corrective measures as needed

Ad Hoc Projects and Cash Flow Management:

Support finance-related tasks as required for ad hoc projects
Compile month-end cash flow summaries for the Financial Director

Audit Preparation and Reporting:

Ensure the timely preparation of an unqualified external audit report by 31 August and provide audit files to auditors by 1 May
Maintain audit files on a monthly basis for the next year's audit, including balance sheet reconciliations, VAT reconciliations, loan reconciliations, and other necessary reconciliations

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