Senior Accountant - Parktown at Human Accent

Key Performance Areas (Core, essential responsibilities –outputs of the position)

Financial Reporting and Analysis:

• Prepare accurate and timely monthly management accounts, including balance sheets, income statements, and cash flow statements.
• Analyze financial data, trends, and performance metrics to provide actionable insights to management.

Month-end and Year-end Close:

• Lead the month-end and year-end closing processes, ensuring all financial activities are accurately recorded.
• Assist in financial audits by providing necessary documentation and information related to accounts payable.
• Assist in the annual budget process

Payment Processing:

• Prepare and process payment batches and electronic payments.
• Manage the payment schedule to ensure timely and accurate disbursements.
• Monitor and address any issues related to payment processing, such as rejected payments or payment inquiries from suppliers.

General Ledger Management:

• Maintain and reconcile general ledger accounts to ensure accuracy and completeness.
• Identify and rectify discrepancies, investigating and resolving variances.

Financial Controls and Compliance:

• Establish and enforce internal controls to safeguard financial assets and ensure compliance with industry regulations.
• Assist in the preparation for and coordination of internal and external audits.
• Establish and enforce internal controls related to stock receipts to ensure accuracy and prevent errors.

Stock Receipts and Reconciliation:

• Oversee the receipt of stock, ensuring accurate and timely recording of all transactions.
• Reconcile stock receipts with purchase orders, ensuring consistency and resolving discrepancies.
• Prepare monthly supplier reconciliations and work closely with suppliers to address any issues related to stock receipts

Inventory Valuation:

• Work closely with the procurement and supply chain teams to understand stock valuation methods.
• Implement and maintain appropriate stock valuation practices, such as FIFO or LIFO.

Budgeting and Forecasting:

• Collaborate with the finance team to contribute to the budgeting and forecasting processes.
• Provide financial insights to support the development of accurate and realistic budgets.

Minimum Requirements

EDUCATION

• Bachelor of Accounting with Honours

EXPERIENCE

• CA – 1-3 years post articles experience
• CIMA – 2-3 Years experience
• BCOM Hons(Accounting) – 3-5 years experience