Management Accountant - Roodepoort at Lucy Electric

Job Purpose:

Responsible for accounting and tax activities of Lucy Electric South Africa 
 
Key Accountabilities:

 Financial Recording

•   Preparing the adjusting journals
•   Preparing payroll journals
•   Preparing balance sheet reconciliations (adjusting balances)
•   Reviewing Journal entries (excluding adjusting journals)
•   Reviewing balance sheet reconciliations (excluding adjusting balances)
•   Reviewing freight and duty allocations 
•   Complete month-end closure process within deadlines
•   Reviewing reconciliation of debtors and creditors balance to statements
•   Preparing bank reconciliations 
•   Reviewing purchase orders to supplier invoices reconciliation
•   Reviewing supplier payment reconciliation
•   Responsibility for compliance with the finance policies and procedure manuals
•   Auditing of perpetual inventory counts
•   Support the internal and external audit process
•   Physical inventory planning and verification
•   Assisting Financial Controller in development of financial control systems and procedures

 Financial Reporting 

•   Reporting financial results to Group Finance
•   Fixed asset and headcount reporting
•   Preparation and issue of monthly results and financial commentary
•   Preparation of local annual statutory accounts
•   Preparation of statutory returns
•   Preparation of technical accounting papers 
•   Preparation of monthly management reports
•   Preparation of credit application analysis report for customers
•   Reviewing reference checks on the new customer
•   Preparing adhoc financial reports 

Financial Planning

•   Assist in preparation of rolling profit forecast 3 times per year
•   Preparation of cash forecasts
•   Assist in preparation of annual budget and co-ordination of management plan
•   Preparation of reports to that feed to quarterly profit, balance sheet and cash flow forecast 
•   Performing variance analysis against budget (forecast) and prior year result

Tax

•   Reviewing SARS tax returns from local tax specialist
•   Responsibility for both direct and in-direct taxation
•   Compliance with local tax regulations

Minimum Qualifications, Experience & Skills

•   BCom Degree with completed articles 
•   SAICA (AGA) registered
•   Knowledge of IFRS for SME (essential)
•   Knowledge of Companies Act (essential)
•   Knowledge of Taxation Act (essential)
•   Knowledge of BBBEE Act (desirable)
•   Microsoft D365 experience