Accountant with SAIPA or SAICA ArticlesTraining at Affirmative Portfolios

Job description

• Calculate the costs of manufacturing products, including direct materials, direct labor, and manufacturing overhead.
• Manage inventory accounts, including raw materials, work-in-progress (WIP), and finished goods.
• Assist in preparing financial budgets and forecasts for the manufacturing process, including projecting production costs and sales.
• Analyse variances between actual and standard costs and investigate reasons for these differences.
• Provide sales team with product pricing.
• Prepare and present financial reports related to manufacturing operations, such as production cost reports, inventory reports, and profitability analyses
• Ensure adherence to financial regulations and accounting standards relevant to manufacturing, e.g. International Financial Reporting Standards (IFRS)n for SMEs.
• Prepare and analyse statement of financial position, statement of profit or loss, statement of cash flows, and notes to the annual financial statements.
• Monitor accounts payable and accounts receivable to ensure prompt payment and collection.
• Implement and maintain internal controls to safeguard company assets.
• Assist in the development of budgets and financial forecasts
• Monitor budget performance and analyze variances between actual and budgeted figures.
• Ensure compliance with tax laws, filing deadlines, and regulatory standards
• Maintain and reconcile the general ledger and sub-ledger accounts.
• Implement and maintain accounting policies and procedures.
• Analyse financial data to identify trends, cost-saving opportunities, and areas for improvement
• Provide management with recommendations based on financial analysis.

Qualification and skills

• Bachelor’s degree in accounting or equivalent.
• SAIPA or SAICA training experience.
• Strong knowledge of accounting principles and practices.
• Proficiency in accounting software (e.g. SYSPRO) and Microsoft Excel.
• Excellent analytical skills and attention to detail.
• Strong organisational and time management abilities.
• Effective communication and interpersonal skills.

Preferred Experience:

• 2-5 years of experience in financial accounting or a related role.
• Experience with financial reporting, cost accounting and analysis.
• Familiarity with auditing processes and tax regulations.