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Financial Accountant

The Department: Finance

Our client is a dynamic and diverse group of individuals working together in a fast-paced environment, with the sole aim of providing accurate and useful financial information. As the finance department, they deliver timeously to senior management and shareholders of the organization, to assist with their decision-making processes in driving the business forward.


This role reports into the Team Lead- Africa and is responsible for assisting with accounting, month end and year end reconciliations and preparation of audit files for all African entities. This role works closely with the Team Lead - Africa and has four direct reports, the junior accountant, and creditor’s controllers.

Duties include, but not limited to:

This person will be required to assist with the following duties:
Monthly management reports
Assist in the preparation of the management accounts including:
Assist with posting of invoices, accruals, and repayments
Review expense analysis, marketing analysis, prepayments, and accruals to identify missing expenses and raise accruals
Reconcile prepayments, accruals, foreign exchange 
Assist with the analysis of expenses, with commentary (Opex, IS and Fee files) ensuring all expenses have been categorized and allocated correctly 
Assist with updating headcount splits by department, brand, and region for cost allocation purposes 
Matching of open items 
Run FX in Navision & prepare FX reconciliations
Proactively resolve any queries raised
Preparation of monthly balance sheet reconciliations
Preparation of all fixed asset recons & review the fixed asset register ensuring that assets are captured and depreciated in line with fixed asset policies, scrapping old assets and revisiting estimated useful lives
Capitalization of internally generated intangible assets
Run depreciation & amortization
Prepare monthly consulting, legal & audit fee schedules
Preparation of marketing analysis
Prepare necessary commentary for month end Opex review files & review input & commentary from Creditors controllers
Prepare necessary commentary for balance sheet review files
Assist with the preparation of monthly Income statement files, including commentaries per expense type and brand.
Updating of disclosure schedules for quarterly audit files
Managing reporting index
Update of short-term insurance schedules
Management of Corporate Cards
Ensure all intragroups are settled timeously & balances confirmed monthly
Ensure all customers are collected & vendors settled
Reviewing of aging reports & open items
Communicate cash requirements with Treasury team weekly
Ensure all contractual relationships up to date
Review contracts matrix regularly with Legal
Posting of ad hoc journal entries
Approving purchase orders on PAS system

Approve PAS system requests daily
Ensure that all invoices are accurately captured from the PAS system and submitted before the designated cut off times for payment
Ensure invoices have correct authorization (PAS or email) and detailed descriptions to facilitate accurate posting in Navision and on-charging of costs to clients
Report transactions using the correct dimensions, allocating them to the correct company, region, country, and product
Ensure that WHT and WHV has been allocated appropriately as per country requirements
Ensure that all payment packs are completed accurately, and all documentation is attached and delivered before the agreed upon deadlines
Match vendor invoices and payments in Navision before Vendor Balance to Date is generated
Arrange payment of invoices in base currency as far as possible to mitigate forex losses
Review foreign exchange rates and gain / loss calculations
Preparation and review of internal and external audit
Liaise with the statutory team to ensure all queries resolved

Team Leadership
Escalate and motivate any resource requirements to the Team Lead - Africa
Day to day management of the creditor’s controllers and Junior Accountant
Co-ordinate functions in the team to ensure that all team members are working effectively and able to deliver reporting on time
Ensure best business practice is embedded across all processes and functions
Undertake bi-annual team appraisals and performance development reviews
Ensure team key deliverables are met on time and
Provide guidance, mentoring and support to all direct reports to ensure the team is working efficiently and coherently
Bi-annual setting of team objectives
Manage all stakeholder expectations appropriately and communicate any potential problems
Ad hoc duties as may be required from time to time 

Essential Requirements:

B. Com finance degree or similar
2 -3 years accounting experience
Demonstrates consistent behavior aligned to the organizational culture 
Advantageous Requirements:

Completed Articles
Proficient in Microsoft Excel 
Experience in Navision 
Behavioral Competencies:

Relationship Building
Ownership and Accountability
Organization and planning
Interpersonal skills
Problem Solving
Team player
Ability to work under pressure
johannesburg, GT, ZA