Large multi-national in the Retail/Financial Services sector if looking for a Debtors Accountant to join their dynamic team in Wynberg.

Processing of month-end journals

• Performance of standard month end journals (accruals/ system summary)
• Reviewing of management reports and processing of correcting journals where appropriate

Month-end reporting (debtors and minor subs)

• Ensure all debtors entries are correctly processed monthly
• Ensure the relevant provisions are processed monthly (bad debts and credit note)
• Ensure accurate management accounts are issued to the business by the monthly deadlines
• Ensure timely completion to the management accounts cash flow report by the monthly agreed deadlines
• Perform a monthly analysis of the creditors and accruals accounts for purposes of completing the cash flow report above
• Ensure correct forecast and comparatives reflects in management accounts
• Ensure appropriate accrual journals are raised at each month end (and reversed in the following period)
• Ensure correct tax entries are processed at each month end
• Ensure reports are considered and updated to comply with and address business needs
• Ensure that large variances are investigated and feedback provided to the management accountant

Preparation of month-end reconciliations

• Reconciliations are completed on a monthly basis by the agreed deadline dates
• All reconciliations are appropriately reconciled to general ledger balances
• All reconciling items are valid
• All reconciling items identified are promptly investigated and resolved
• Ensuring a reconciliation exists for all balance sheet accounts

Cash clearing

• Prepare the monthly cash clearing reconciliation, which requires detailed matching of bank statement journals against system journals and ensuring that all timing variances are appropriately recorded, reconciling items promptly investigated and resolved

Adhoc activities

• Performance of various adhoc activities to support the finance department in achieving its reporting objectives, including, but not limited to:
• Process requested correcting / adjusting journal entries
• Perform any investigations requested by the management accountant or financial manager
• Prepare any adhoc reports as requested by the management accountant or financial manager
• Preparation of any schedules required as part of the year-end audit process
• Assisting the management accountant in ensuring that all deadlines and reporting requirements are met timeously
• Validate payment batches ensuring they are accurate and valid

Requirements

Qualifications

• Bookkeeping diploma / certificate
• Member of a professional institution such as CIMA, SAIPA, other

Experience & Skills

• Minimum of 3 to 5 years’ experience in an accountant role
• Previous experience in management accounts
• Working knowledge of accounting
• Knowledge of automated financial and accounting reporting systems
• Previous working experience in retail/ financial services would be advantageous

Attributes & Behaviours

• Ability to initiate and maintain performance
• Ability to drive to the root cause of a problem
• Passionate about driving continuous improvement
• Always eager to take on new challenges
• Excellent analytical skills with a passion for accuracy and attention to detail
• Ability to work well under pressure in a fast paced and dynamic environment
• Responds promptly to requests and flexible in their approach
• Deadline driven with ability to carefully assess and streamline processes
• Ability to use own initiative

Ref: CPT000220/GG