Financial Clerk: Financial Accounting at African Bank

MAIN PURPOSE OF THE JOB: 

• To accurately and timeously record and reconcile Remuneration and Fixed assets for African Bank, as well as calculating and submitting VAT return

KEY PERFORMANCE AREAS: 

Fixed Assets

• Ensuring the timely clearing of the “stock accounts”, including sporadic stock counts

Ensuring the timely and correct capturing of asset purchase invoices with specific reference to:

• VAT
• Cost center allocation
• Asset class
• Balancing of Asset Manager
• Monthly Importing of Asset Manager into ACCPAC
• Assist with the CAPEX budgeting process
• Ad-hoc reports e.g. performance vs. Budget

Remuneration recons (Payroll)

• Preparation and reconciliation of payroll cashbook
• Processing of payroll journals
• Reconciliation of payroll related general ledger accounts
• Liaising with HC department
• Assisting staff with payroll related queries where applicable

VAT

• VAT calculation
• VAT reconciliation
• Completion of VAT return
• Ensuring timeous submission and payment of VAT return
• Annual calculation of VAT apportionment ratio

Query handling and ad hoc tasks

• Deal professionally and timeously with queries raised by vendors, regions and departments
• Deal professionally and timeously with vendors, regions and departments when information is required from them.

Resolve queries by

• Conducting investigations
• Analyzing records
• Reconciling records
• Raising journals
• Escalating problems to management when required
• Keeping accurate and legible audit trails of correspondence (including making relevant notes of telephone correspondence)
• Perform ad hoc tasks as requested by direct manager

Customer

• Create and maintain productive relationships with internal and external clients by providing advice and assistance.
• Create understanding of the ‘real’ versus ‘perceived’ need through, experience and expertise while complying with company policies, legislation and regulations.
• Keep the client informed about progress through written communication, telephone communications and/or face to face meetings
• Build a positive image by exceeding client expectations at all times
• Treat internal and external customers fairly at all times

Minimum Education

• Grade 12 with accounting

Minimum Experience

• 2 years' experience as a financial clerk