Financial Accountant (Contract & Permanent)

JOB PURPOSE

Prepare, examine, and analyse accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.

RESPONSIBILITIES

Financial Management and control

Prepare monthly and annual financial statements for management and auditing purposes. Ensure effective daily cash management of the company.

Record asset transactions in respect of additions, disposals, and transfers on a daily basis to ensure that transactions are allocated accurately in terms of amounts, VAT, description, and account.

Financial Accounting Skills

Use full understanding of accruals accounting and the impact of entries on profit and loss account, the balance sheet, and the cash flow statement. Compile complete, accurate and timely accounting records on a monthly basis.

Prepare month end file with reconciliations and documentation to support the trial balance.

Financial Policies, Guidelines, and Protocols

Assist with the delivery of financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Operational Compliance

Develop knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct to ensure own work adheres to those standards. Obtain authorization from a supervisor or manager for any exceptions from mandatory procedure.

Data Collection & Analysis

Draw conclusions and assess impact from analysis and interpretation of financial data. Interpret the impact of unusual figures identified by analytical review.

Document Preparation

Prepare monthly and annual financial statements for management and auditing purposes. Prepare and submit monthly, quarterly, and annual statutory returns.

Reporting

Extract and combine data to generate standard reports.

Customer Management

Establish and maintain professional relationships with internal and external Auditors and business partners on a daily basis. Provide accurate information and respond and resolve enquiries to a satisfactory outcome.

Data Management

Generate monthly depreciation journal on the financial system. Record financial transactions on a daily basis into the applicable business systems to ensure the accuracy and completeness of information.

Improvement / Innovation

Implement improvements and provide feedback on them. Use change management systems and protocols to provide routine supportive services.

Leadership and Direction

Supervise a team performing routine work.

TECHNICAL COMPETENCIES

Financial Accounting

Classify, measure, and record corporate transactions by use of financial accounting principles.

Good understanding of General accounting principles; Good understanding of VAT.; Knowledge of insurance industry.

Policy and Regulation

Interpret and apply knowledge of laws, regulations, and policies in area of expertise.

Knowledge of IFRS (International Financial Reporting Standards); Governance Companies Act; TAX and VAT Act; Knowledge of FSB regulations, Solvency requirement liquidity.

Computer skills

Support business processes and understand and effectively use standard office equipment and standard software packages.

Advanced excel skills; Advanced office suite; SAGE X3.

EDUCATION

B.com degree (Financial accounting) or equivalent CA(SA) undergraduate qualification at a SAICA accredited university. Completed Honours degree (CA) essential.

EXPERIENCE General Experience

Completed articles experience essential

3 years post articles work experience in the financial services industry (desirable)

(Over 3 years to 6 years) Managerial Experience

Experience of general supervision of more junior colleagues (7 to 12 months)