Financial Accountant - Sandton Verfied

Salary Negotiable Sandton, Gauteng Sandton, Gauteng more than 14 days ago 26-08-2016 2:11:26 PM
23-09-2016 2:11:26 PM
Title: Accountant (FULL FUNCTION)

Location: Bryanston

Salary: Market related salary offered based on proven experience

Status: Permanent

This role is a BEE position.

Context:

• Financial reporting standards
• Company legislation
• Auditing standards

Skills and qualifications needed
• B.Com Accounting – essential
• Completed articles – preferred
• 3 – 5 years related experience
• Very good Excel skills


Customers:
• CEO
• Shareholders
• Staff
• Suppliers
• Statutory bodies

Outputs:

Outputs Quality Requirements
Management accounts and financial statements • Accurate monthly and annual management accounts (Income statement, Cash flow, Balance sheet)
• Analyse and interpret financial information for decision- making
• Variance reporting monthly and annual
• Forecasting monthly
• Audited financial statements
• Unqualified audit reports
• Tax computation
• Deferred tax computation
Financial systems, internal controls and audit requirements • Reliable and adequate systems
• Standards Operating Procedures (SOP) in place
• Accurate records
• Compliance with statutory requirements (VAT, PAYE, UIF, SDL)
• Advise management about viable projects
• Preparing audit documentation and reports as well as assisting auditors with annual audit.
Consolidated Budgets • Prepared timeously
• Calculations and research.
• Reasonable and caters for business requirements
(assist line management)
Working Capital • Constant monitoring and adjustment (income and expenditure, cash flow)
• Liaise with banking institutions for facilities
Debtors • Monthly invoicing
• Credit note processing
• Issuing of statements
• Follow up on outstanding balances
• Annual rebate audit
Cash book • Accurate cash book processing
• Correct allocation of expenses
• Petty cash processing
• Reconciliations for petty cash
Assets Management • Valid, authorized usage
• Proper maintenance
• Monthly depreciation calculations
Journals • Processing of monthly accruals
• Reversal of accruals
• Processing of depreciation journals
• Processing of relevant adjustments
Statutory • Preparation and submission of VAT returns to SARS
• Annual preparation and submission of company Tax return
• Provisional Tax submission
• Monthly PAYE preparation and submission
• Updating of company statutory records
• Maintaining statutory registers
BEE • Coordinate BEE audit
• Ensure BEE level is maintained
Creditors • Processing of creditor invoices
• Monthly creditor reconciliations
• Loading of creditor payments
• Review of contracts/ leases
• New supplier quotations / meetings
• Supplier negotiations
• Upgrades on cell phones and new applications
Various • Office purchases in line with budget
• Coordinate team building activities
• Quarterly and annual statistics reporting
• Analysis and breakdown of spend for key items in financials
• Analysis and breakdown of revenue
• Coordinating IT requests
• Coordinating staff training
• Maintaining a good filing system for all documentation.
Payroll • Preparation of accurate and smooth running of monthly payroll on Pastel
• Loading of salary payments
• Maintaining staff files and leave forms
• Staff calculations for new and existing staff including increase calculations
• Analysing and exception reports for staff log books, cell phone and telephone usage and computing necessary deductions
• Medical aid calculations
• Bonus calculations
• Pension fund online confirmation and submission
• Group life calculation and submission
• Proper preparation and reconciliation of statutory returns
• Submission of returns to SARS via efiling
• Annual WCA submission (March)
• Annual CHIETA submission
• Annual EE reporting

Competencies Behavioral Indicators
Financial Acumen

• Studies and reviews financial reports
• Considers the financial implications of each decision.
• Selects and successfully leads projects/ programs that produce favorable bottom-line results.
• Demonstrates an understanding of the cost pressures inherent in the environment and takes action accordingly.
• Reports and explains variances from plans and takes corrective action where appropriate.
Analytical • Actively seeks input from people of diverse perspectives.
• Considers multiple sources of information and weighs them appropriately when making decisions.
• Anticipates and thinks through the implications of problems and opportunities.
• Identifies commonalities in seemingly different situations based on knowledge and experience.
Attention to Detail • Accurately monitors details of own schedule.
• Demonstrates understanding of the ‘fine print’ when producing work outcomes.
• Asks the right questions to ensure understanding of quality requirements for deliverables.
• Ensures that the team is considering all aspects of the issue before coming to a decision.
• Delivers outcomes on time and on budget.
Planning • Schedules work in accordance with organizational priorities.
• Delivers all required deliverables on schedule.
• Allows self and others adequate time and resources to accomplish key work.
• Avoids conflicts in schedule for self and others.
• Ensures that adequate resources are available to accomplish future deliverables.

Recruiter: PeopleSource