Financial Accountant at Milkor

Milkor is currently offering a career opportunity for a Financial Accountant who can deliver accurate and efficient financial reporting. The role requires an individual who possesses comprehensive knowledge, excellent skills, and unwavering motivation. The primary responsibilities will entail overseeing and managing the company’s statutory returns, acting as a liaison to third parties, and participating in the team tasked with reviewing and aiding in the completion of tender documentation. The ideal candidate will also be expected to assist with year-end assessments, which include generating financial statements, filing tax returns, and liaising with auditors, among other tasks. Moreover, we’re looking for someone who will play a critical role in helping the finance department to attain its monthly targets.

Qualifications and requirements

• BCom Degree or related financial qualification
• SAIPA registered
• Internal financial exposure (Advantageous)
• Experience with ERP systems

Responsibilities and duties will include:

• Manage the day-to-day accounting operations of the organisation
• Prepare and review account reconciliations and journal entries
• Prepare monthly, quarterly, and annual financial reports
• Analyse financial transactions and produce meaningful insights
• Analyse financial discrepancies, make adjustments and provide recommendations on corrective action
• Compile information for audit purposes
• Assist in the preparation of budgets and forecasts
• Prepare and maintain financial statements, documents, and records
• Track and report on accounts payable and receivable
• Ensure compliance with regulations
• Perform other duties as assigned
• Liaise with third parties in terms of legal matters
• Liaise with third parties in terms of review/audit of financial statements
• Liaise with Insurance in terms of assets
• Liaise with banks (Guarantees & general operational requirements)
• Preparation and review of asset sale/purchase agreements
• Budgets and actuals – Annual/monthly
• Tax planning
• Weekly cashflow planning
• Weekly local payments review
• Foreign payments processing
• Review of accounting transactions/documents processed by the credit controller
• Financial statements/Management statements preparation. Attend any SARS audits/reviews
• Monthly reporting
• General operational reporting as required & general assistance
• Implementation and review of internal accounting controls
• Review and assist with the completion of tender documentation

Statutory returns

• CIPC Annual Return
• SARS Tax Returns:

Local Companies

Additional information

• VAT-201s (Monthly, calculation, review, SARS audits)
• Income Tax Return – IT14 & IT14SD (Preparation and submission)
• Provisional Tax – IRP6 Calculation & Submission
• Annual Payroll Recon – EMP501, IRP5s and Annual Financial Statements reconciliation and review
• STATS SA Return
• Monthly Group Reporting (Loan accounts, assessed losses, group investment)
• Review all group company financials before submitted to the auditor/reviewer
• Liaise with third parties in terms of review/audit of the group’s financial statements
• Assistance with group tax planning
• General operational reporting as required and general assistance
• Remuneration: Market-related (Depending on qualifications and experience)
• Availability: Immediate (Advantageous)
• Experience in the manufacturing industry (Advantageous)
• Contract period: Permanent
• Non-EE position