Operations Accountant at Ignition Group

Key roles and responsibilities:

Financial Recordkeeping and Compliance 

• Maintaining records of financial transactions. 
• Ensuring compliance with legal requirements. 
• Timeously obtaining supporting documents for financial transactions. 
• Ensuring audit trails are attached to reconciliations and invoices. 
• Responding to and resolving queries made by suppliers related to payments. 

Account Management and Reconciliation 

• Maintaining subsidiary accounts. 
• Verifying, allocating, and posting transactions to subsidiary accounts. 
• Balancing subsidiary accounts through reconciliation. 
• Maintaining the general ledger. 
• Transferring subsidiary account summaries to the general ledger. 
• Balancing the general ledger through trial balance preparation and reconciliation. 
• Performing account reconciliations to assess transaction accuracy. 
• Reconciling reports to third-party records such as bank statements. 

Financial Reporting and Analysis 

• Capturing monthly income statements for management accounts. 
• Collecting, analyzing, and summarizing account information and trends for financial reporting. 
• Preparing financial reports. 

Transaction Processing and Invoice Management 

• Raising invoices and recording them in the correct accounting periods. 
• Processing payments for invoices. 
• Resolving discrepancies and collaborating across various finance and non-finance functions. 
• Retrieving statements and obtaining approvals to validate transactions. 
• Preparing monthly journals, including accruals, depreciation, and cost allocations. 

Process Improvement and Automation 

• Recommending improvements in efficiency using automation. 
• Administering and managing petty cash. 

Requirements

Education, experience, attributes:

Knowledge, skills and attributes: 

• Attention to detail. 
• Analytical mind with an inclination for problem-solving 
• Self-motivated and a passion to learn. 
• Good verbal and written communication skills 
• Ability to work in a team-orientated, collaborative environment. 
• Organizational skills with the ability to prioritise tasks and adopt a logical approach to work. 
• Understanding of accounting principles and best practices 
• Knowledge of accounting processes and procedures 
• Time management skills 
• Demonstrate high ethics and adherence to company values. 
• Strong numerical aptitude 
• Ability to extract and manipulate data, compile reports and reconciliations. 
• Ability to produce a high quality of work. 
• Ability to manage work processes. 

Education and training: 

• National Senior Certificate (NQF 4) 
• Degree in business, e.g., Bcom (Accounting), Economics, Finance, Business Administration, etc 

Experience: 

• 1-2 years similar experience as a Financial Accounting Practitioner 
• Experience working with the MS office suite, including MS excel and MS word. 
• Experience with financial accounting software. 
• Experience with invoicing and billing. 
• Experience dealing with internal and external stakeholders