Location:
Steenberg, Cape Town

Duration:
Permanent

Start Date:
Immediate

Type of Business:
Clothing Distribution

Remuneration:
R20000-R23000 negotiable depending on experience

Job Purpose:

• Reporting on and maintaining the financial records of the company by:
• Recording financial transactions.
• Preparing, controlling, balancing & reviewing various income statement & balance sheet accounts.
• Preparing monthly management accounts.

Key Performance Areas:

• Recording financial transactions
• Maintaining financial records
• Reporting

Main Functions:

• Capturing/importing, reviewing & posting invoices, receipts, credit notes & payment requisitions in Quickbooks.
• Preparing, reviewing & posting cashbook transactions.
• Preparing, reviewing & posting journal entries with the necessary supporting documentation.
• Maintaining financial records
• Performing bank reconciliations.
• Follow up on all unpaid items on the bank reconciliations.
• Always ensuring supporting documentation, for debit orders, is obtained timeously, authorised and maintained.
• Reconciling various income statement & balance sheet accounts.
• Follow up on and investigate all reconciling items on the IS & BS accounts.
• Follow up on outstanding debtor transactions.
• Maintain the creditors’ age analysis of assigned companies in the group.
• Maintain fixed asset register.
• Maintain accounting controls by preparing/recommending policies & procedures.
• Prepare VAT reconciliations & payments.
• Prepare any and all SARS returns in set timelines and in accordance with relevant legislation.
• Keep filing within Finance up to date.
• Do daily cash flow for Directors
• Develop, maintain and analyse budgets, preparing periodic reports that compare budgeted cost to actual cost.
• Prepare (assist in preparing) monthly management accounts including consolidated IS, BS, cash flow and notes thereto.
• Assist in answering queries that may arise from management accounts by preparing schedules for (and analysing) income statement & balance sheet accounts.
• Assist in answering accounting/tax procedure questions by researching and interpreting accounting policy & regulations and tax legislation.
• Complete SARS returns as and when required, including (but not limited to) Income Tax returns, VAT return, Dividends Withholding Tax return and ADRs.
• Assist with internal/external audits on the group of companies, including liaising with third parties. Any other tasks as required from time to time to ensure that accounts department runs smoothly.

Requirements:
Education & Experience required:
• Minimum of 5 years’ experience in the management of financial systems and budgets, financial reporting, financial data analysis and taxation.
• B.Com Accounting degree or equivalent.
• Knowledge of Quickbooks.
• Knowledge of applicable laws and regulations.
• Knowledge & experience of accounting computer applications.
• Intermediate to advanced experience with MS Word, MS Excel, MS Outlook.

Key competencies:
• Attention to detail and accuracy.
• Planning and organizing.
• Strategic thinking.
• Information and task monitoring.
• Problem identification and analysis.
• Judgment and problem-solving.
• Supervisory skills.
• Stress tolerance.
• Strong analytical and accounting skills.
• Must be able to effectively handle multiple projects simultaneously in a deadline driven environment.
• Excellent verbal, written communication and interpersonal skills.
• Ability to work independently and as part of a team and take on new tasks with high level of difficulty.
• The individual will be expected to work with minimal up-front guidance and take ownership of his/her work product.
• Own transport
• Valid contactable references
• No older than 45