Accountant (Group Finance) - Klerksdorp at Senwes

DUTIES AND RESPONSIBILITIES OF THE ROLE:

Prepare and manage forecasts and budgets.

• Gather historic financial information, apply expected financial and economic indicators on historical and new information.
• Prepare budget (annually) and forecasts (quarterly), and present budget and forecasts to management
• Analyse and interpret budget and forecasts (daily/monthly)
• Test expenditure against policy/budget.
• Analyse and recommend savings in expenditures
• Report variances

Financial and operational reporting/authorization.

• Process and check payments to be done to external vendors for correctness.
• Clearing of balance sheet accounts and internal vendors/customers.
• Identify areas where cost savings can be implemented and identify deviations from best practice and recommend possible changes.
• Continuous maintenance of SAP reporting, interest rate change on customer accounts and change in structures.
• Processing and reviewing of month end journals.

Corporate control.

• Test and prepare transactions against policies/budgets, delegation of duties.
• Monthly audit.
• Identify deviations to policies and procedures and implement improved control environment.
• Test accuracy, classification and existence of transactions.
• Ensure proper reconciliation and review of balance sheet accounts and certain income statement accounts.
• Authorise payment of vendors.
• Manage balance sheet items/ratios.
• Investigate/explain/intervene in budget variances.
• Reconciliation of reports to operating systems.
• Test the correct accounting treatment of new business processes.
• Cash flow projections to treasury.
• Advise and coach business managers on control improvements.
• Diligent management of all sundry accounts
• Ensure that a business case is in place for all relevant projects.
• Post implementation of projects.
• Providing necessary information to auditors and assist in relevant enquiries.

Administration of fixed assets.

• Preparing and capturing of acquisitions and disposal of assets.
• Comply to IFRS (IAS16).
• Annually review of residual value and useful life
• Test relevancy of fixed asset depreciation policy on regular basis.
• Maintain and update fixed asset register.
• Reconcile GL with asset register.
• Coordinate theoretical vs actual asset (PPE) count.
• Compile annual CAPEX budget.
• Report (CAPEX) capital expenditure against budget and forecasts (monthly).
• Compile PPE notes for audit report, tax pack and financial statements.
• Post implementation of projects.

Requirements

Qualification:

• Relevant B-degree with accounting. Candidates who have completed their articles will receive preference.

Experience:

• At least three years accounting experience.
• Candidates with SAP knowledge will receive preference.

Closing date: 20 June 2024