Group Financial Accountant - Ekurhuleni (East Rand) at Unique Personnel

Job Description    
Financial Accounting

Accounting

• Responsible for the trial balance, income statement and balance sheet
• Reconciling balance sheet accounts on a monthly basis
• Processing and recordkeeping of all adjustment journals, to be approved by Group Financial Manager and Group Financial Director
• Preparation and reporting on monthly management accounts to management
• Performing month end and year-end on SYSPRO
• Expense provisions management
• Nedfleet management
• Monthly VAT calculation, reconciliation, submission and payment
• Process monthly journal entries to correct allocations, raise appropriate accruals and provisions and record expenses not processed from the cash book or purchase order systems
• Review diesel consumption from branches with bowsers and process expenses monthly
• Summarise and process Nedfleet expenses per branch monthly
• Reconcile and process staff loans per branch monthly to balance back to payroll
• Calculate and process insurance recoveries to profit and loss
• Calculate monthly distribution recoveries for relative branches and process reallocation journals to the correct GL account
• Management of obsolete stock and revaluation provisions, calculate monthly utilisations and process reallocation journals

Creditors

• Load, authorise and release payments on the bank when required
• Ensure internal controls regarding creditors are maintained in accordance with Company standards and within the appropriate limits of authority
• Review allocated creditors’ reconciliations monthly and approve for payment

Petty cash

• Review and authorise petty cash claims received for reimbursement
• Process petty cash expenses

Recordkeeping and Filing

• Managing and overseeing of filing of all required documentation

Internal control

• Ensure internal controls at branches are in accordance with Company standard and in line with relevant legislation and within the appropriate limits of authority
• Reviewing, designing, documenting and implementing systems of internal control
• Communication and training of internal controls to relevant staff
• Regular internal audits at branches

Fixed Assets

• Updating and reconciling of fixed asset registers per branch
• Calculate and process depreciation monthly
• Calculate profit or loss on disposal of assets, pass appropriate journals and prepare a schedule of all assets sold or written off
• Record new assets purchased with relevant finance, if applicable
• Reconciliation of finance agreements monthly
• Perform yearly asset verifications with branches
• Assist branches with insurance claim submission

Annual audit (as part of the financial team)

• Preparation of annual audit file per branch
• Liaising with auditors
• Resolving of auditors’ queries
• Processing of year end journals

Budgeting

• Liaising with management on preparation of annual budget per branch
• Importing budget into Syspro
• Comparing and reviewing monthly variance of actual to budget
• Investigate and report on any major variances as requested by management

Cash flow

• Prepare monthly cash flow forecast Namibia company and submit to management by the requested deadline
• Liaise with Debtors and Creditors departments to manage the cash flow

Reporting

• Prepare monthly sales incentive reports and send to branch managers and the directors for review and approval, then submit to payroll before the deadline
• Compile month end outstanding non-stock purchase order report per branch and send to the branch manager and administrator to review and confirm month end accruals and provisions

Inherent Requirements    
Skills & experience

• Experience required within the wholesale and retail industry
• Syspro experience will be advantageous
• Looking for a candidate who has completed their B. Comm Accounting Degree
• Minimum 5 to 8 years’ experience required as an Accountant within a wholesale and retail industry
• Must have a strong personality
• Must have a stable work record
• Must be presentable and have good communication skills
• Must not crack under pressure
• Very deadline driven and orientated

Minimum requirements:

• Experience in the Retail Industry and needed to work in a Company with a multi-network of Branches / sites across the country – they need to handle pressure & volumes
• Experience required within the Steel / Engineering / Hardware industries will be beneficial - in a retail industry will be beneficial
• Experience required within a large corporate environment
• Syspro experience required / will be advantageous
• Completed their B.Com Accounting Degree / Management Accounting – this is not compulsory and will consider solid experience