Financial Accountant

Company: TolconLocation: CenturionReports to: Financial ManagerPurpose:  The responsibilities of the Financial Accountant include ensuring the accurate execution of the company's accounting and financial activities. Analyse the companyâ??s economic stability and provide financial information to other departments to support operational, budgeting, and strategic decision-making. The Financial Accountant is also responsible for reporting on costs, productivity, profit margins, and overall Group performance.

Qualifications and Skills
Suitable candidates must possess the following minimum qualifications and skills: 

• Bachelorâ??s degree in accounting, Finance, or related field.
• A professional accounting qualification (e.g., SAIPA, SAICA, or CIMA) is preferred.
• Minimum 3â??5 years' relevant experience in a financial accounting role or financial management experience.
• Proficiency in accounting software (SAGE Evolution) and Advanced Knowledge of Microsoft Excel.
• Solid understanding of International Financial Reporting Standards (IFRS).
• Familiarity with audit practices and principles.

Required Competencies to meet the Job Outcomes:

• Strong analytical and problem-solving skills.
• High attention to detail and accuracy.
• Excellent organisational and time management skills.
• Ability to work independently and under pressure.
• Strong interpersonal and communication skills.
• Ethical, trustworthy, and results driven.

Essential Duties & Responsibilities
The successful candidateâ??s responsibilities will include, but are not limited to:

• Financial Reporting and Accounting
  • Oversee and manage the financial accounting function across multiple projects.
  • Prepare and submit monthly invoices with supporting documentation for various projects.
  • Process and review journal entries, maintain the general ledger, and perform account reconciliations.
  • Assist in the preparation of monthly management accounts.
  • Analyse financial performance against approved budgets and highlight variances.

• Banking and Cash Management
  • Complete monthly bank reconciliations and process relevant cash book entries.
  • Review and release EFTs and other payments in accordance with internal controls.
  • Assist in managing daily and monthly cash flow requirements.

• Compliance and Statutory Requirements
  • Ensure compliance with tax legislation, financial regulations, and other statutory obligations.
  • Support the preparation and submission of VAT, PAYE, and other statutory returns.
  • Assist with the annual BEE audit and related reporting requirements.

• Audit and Internal Controls
  • Liaise with external auditors during interim and year-end audits.
  • Maintain and implement effective financial controls to minimise risk and ensure the integrity of financial information.

• Project and Asset Management
  • Manage insurance claims and coordinate with insurers for multiple projects.
  • Manage and update the fixed asset register in accordance with company policies.
  • Oversee trade debtors and creditors control functions to ensure timely collections and payments.

• Group and Administrative Support
  • Support the preparation of annual financial statements.
  • Assist in the preparation of annual budgets and forecasts.
  • Fulfil Group Company Secretarial duties as agreed with the Group.
  • Provide ad hoc support and undertake special financial projects as required by the Group Financial Manager and/or GM.

• Team Supervision
  • Manage and supervise junior finance staff as allocated.
  • Provide mentorship and support to ensure team development and performance.

This job specification outlines the main duties of the role and is not an exhaustive list. By applying, you consent to the Company processing your personal information in line with PoPI, which may include reference, credit, and background checks. Please note that only shortlisted candidates will be contacted, and a medical assessment may be required in terms of OHS legislation. The Company is committed to workplace transformation and upholding its Employment Equity objectives. We strongly encourage applications from individuals with disabilities as well as candidates from designated groups.
Kindly note should you not be contacted within 2 weeks of your application, kindly consider your application as unsuccessful.

Posted on 05 May 13:59, Closing date 12 May