Accountant (Techhnical) at Outsourced CFO

Key Responsibilities:

Accounts Receivable (Credit Collection):

• Monitor outstanding customer balances and follow up regularly to ensure timely payment.
• Communicate with clients regarding overdue accounts and escalate unresolved cases.
• Allocate receipts accurately to customer accounts and reconcile statements.
• Prepare aging reports and provide insights on credit risk and collection performance.
• Support internal sales teams with debtor account queries and credit limit management.

Accounts Payable:

• Process supplier invoices and verify supporting documentation.
• Reconcile supplier statements and resolve discrepancies proactively.
• Ensure all payments are made within agreed payment terms.
• Maintain accurate records of accounts payable transactions.
• Prepare weekly/monthly payment runs and cash flow projections.

General Ledger & Month-End Processes:

• Post journal entries including accruals, prepayments, and inter-company adjustments.
• Reconcile bank accounts, control accounts, and balance sheet items monthly.
• Assist in the preparation of monthly management accounts.
• Support year-end closing processes and liaise with external auditors as required.

Taxation & Compliance in collaboration with an external accounting firm:

• Prepare and submit VAT, PAYE, UIF, and other statutory returns in accordance with SARS regulations.
• Maintain tax schedules and support annual income tax computations.
• Ensure compliance with local accounting standards (IFRS for SMEs or full IFRS) and internal controls.

Reporting & Analysis:

• Provide timely financial reports and analysis for management decision-making.
• Monitor and report on key financial metrics including collections, cash flow, and cost variances.

Other Duties:

• Maintain up-to-date documentation and filing of financial records.
• Support internal and external audits by providing required schedules and information.
• Recommend and implement process improvements within the finance function.
• Collaborate with cross-functional teams (e.g. procurement, operations) to resolve financial issues.

Requirements
Qualifications & Experience:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum 10 years of relevant accounting experience, ideally in retail.
• Experience in credit control, stock control, and supplier management is preferred.
• Proficiency in accounting software.
• Knowledge of South African tax and financial regulations.
• Strong MS Excel skills.

Requirements:

• Degree qualified in Finance, Accounting, Economics, or a related field.
• Recognized professional qualification (ACA, ACCA, CIMA, or equivalent) preferred.
• Minimum 5 years’ experience in financial analysis or commercial finance.
• Demonstrable expertise in building and interrogating financial models.
• Advanced Excel skills and experience with Power BI (or similar BI tools).
• Proven track record of developing automated reporting processes and dashboards.

Skills & Characteristics:

• High attention to detail and accuracy.
• Strong organizational and time management skills.
• Excellent communication and interpersonal skills.
• Problem-solving mindset and ability to work under pressure.
• Integrity and confidentiality.