Accountant (Centurion) at AVBOB South Africa

Description

• We are seeking a trustworthy Financial Accountant who works efficiently without sacrificing accuracy. 
• You will be expected to implement the required best practice accounting operational systems, monitor and maintain the integrity of the financial accounting function following sound accounting practices, company policy, business plans, programs, strategies formulated by Exco and legislative requirements under the guidance of the Manager Finance: Financial Services.
• You should have a firm grasp of accounting and financial practices and regulations and possess strong computer, verbal and written communication skills.
• You will be working for a new Company within a long-standing Group with strong values which are customer centric. In return for your services, you will be paid a competitive package, which includes pension fund contributions and a medical aid allowance. You will have access to personal services through the employee assistance program and wellness programs. You will be working for an organisation that values employee development and rewards excellent performance.
• To monitor and maintain the financial reporting systems and report on all financial activities and on variances between budgets.
• To monitor and maintain financial administration systems and implement internal controls through the implementation of policies and procedures.
• To establish and maintain the budgeting system and assist in the monthly management accounts as well as in the annual financial statements and the related audit and quarterly reviews.
• Support and assist the Financial Manager in the management of the budget to control the departmental expenditure within agreed budget allocations.
• To support and assist the Financial Manager in supervising the human resources of the department and provide the required inputs, evaluations, and feedback to ensure the effective functioning of the team.

General and  Ad-hoc function

• Daily approval/release of loan advance batches from the Loan Management System (LMS) to recipients.
• Daily reconciliation of loan receipts received to update the LMS.
• Monthly reconciliation of the LMS system’s lending balances and income statement accounts with the general ledger.
• Daily reconciliation of current, disbursement and collections bank accounts.
• Daily cashflow monitoring and supporting the Financial Manager in determining the daily, weekly and monthly cashflow projection/requirements. 
• Daily approval of suppliers loaded onto the Creditor Management System (CMS) including changes to banking details of existing suppliers.
• Approval of daily departmental invoices and payments as well as the release of funds on a daily basis on the Electronic Funds Transfer (EFT) and other platforms.
• Weekly follow up on all unapproved invoices and payments with all relevant departments

Assist to manage the Financial service team by:

• Managing the provision and execution of
• Customer service.
• Data capturing
• Requirements
• Matric.
• 3-year degree in Accounting, ie B.Com and/or BCompt (Accounting) preferable or B. Tech (Administrative Management Financial).
• At least 2 years relevant financial experience after the completion of articles signed off by SAICA / SAIPA.
• Sufficient supervisory experience.