Group Accountant

Red Ember Recruitment (PTY) Ltd | Full time

Boksburg, South Africa | Posted on 11/09/2024

Red Ember Recruitment is recruiting for a Group Accountant based at the client in Boksburg.

• Ability to do extensive monthly reports.
• Manage and execute day-to-day accounting operations, including accounts payable, accounts receivable, general ledger entries, and bank reconciliations.
• Prepare accurate and timely monthly management accounts, including income statements, balance sheets, and cash flow statements.
• Analyze financial data and trends to provide insights and recommendations to the director for strategic decision-making.
• Conduct monthly, quarterly, and annual financial close processes, ensuring adherence to deadlines and compliance with SARS and other regulatory requirements.
• Prepare accurate and timely annual financial statements, including income statements, balance sheets, and cash flow statements.
• Monitor and enforce internal controls to safeguard company assets and ensure compliance with accounting standards and policies.
• Coordinate with external auditors during annual audits and provide necessary support to facilitate the audit process.
• Lead and mentor junior staff, providing guidance and support to foster their professional development.
• Collaborate cross-functionally with departments to optimize financial performance and achieve business objectives.
• Stay informed about industry trends, regulations, and best practices in financial accounting and reporting.
• Submission of SARS statutory returns (VAT201, EMP201, EMP501 and Income tax return).
• Attend to SARS matters (General queries, lodging objections and providing relevant supporting documents when required).
• Maintain an accurate fixed assets register and physical assets verifications.
• Prepare variance report, clearly addressing material differences against budgets and previous results.
• Review of monthly payroll reports to ensure they are correct and in line with the relevant regulations.
• Prepare finance policies and Standard operating procedures.
• Process payments on various client banking portals.
• Improve Internal controls and ensure adherence to controls in place.

• Bachelor's degree in Accounting, Finance, or related field.
• Proven experience (10+ years) in financial accounting, preferably within the security and construction industry.
• Strong knowledge of accounting principles, practices, and regulations (IFRS).
• Experienced and independent person to oversee the finance department, plan and balance multiple tasks.
• Proficiency in accounting software (Pastel partner) and MS Office suite, particularly Excel.
• Excellent analytical and problem-solving skills, with keen attention to detail.
• Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities.
• Experience in mentoring junior staff.
• Excellent organizational and planning skills with the ability to prioritize time and work effectively.