Senior Accountant
Job Holder
Job Title Senior Accountant
Business Unit Finance Department
Geographic Location Parktown, Johannesburg
Name & Title of Direct Superior Finance Manager
Number of Immediate Subordinates/ Direct Reports None
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| Main Purpose of Job |
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| You will play a key role in ensuring the accuracy and integrity of financial transactions, maintaining compliance with accounting standards, and contributing to the overall financial health of the organization. |
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| The Senior Accountant will work collaboratively with cross-functional teams and provide valuable insights for strategic decision-making. |
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| Key Performance Areas (Core, essential responsibilities --outputs of the position) |
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| Financial Reporting and Analysis |
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| - Prepare accurate monthly management accounts, including income statements, balance sheets, cash flow statements and supporting schedules. |
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| - Analyse financial performance against budgets, forecasts and prior periods, providing clear explanations and actionable insights. |
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| - Ensure financial reporting is accurate, complete and submitted within agreed deadlines. |
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| Month-End and Year-End Close |
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| - Coordinate month-end and year-end closing processes, including journals, accruals, provisions and balance-sheet reconciliations. |
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| - Prepare audit schedules and support internal and external audit processes. |
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| - Investigate and resolve outstanding balances and reconciling items. |
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| General Ledger Management |
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| - Maintain the accuracy and completeness of the general ledger and supporting ledgers, including creditors, debtors, inventory, fixed assets and intercompany accounts. |
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| - Perform regular reconciliations and resolve discrepancies promptly. |
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| - Ensure transactions are recorded against the correct company, department, account and reporting period. |
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| Budgeting and Forecasting |
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| - Assist with the preparation and consolidation of annual departmental budgets, forecasts and cash flow projections. |
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| - Analyse actual performance against budget and support departments in understanding and managing variances. |
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| - Ensure budgets reflect approved sales, pricing, cost, headcount and operational assumptions. |
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| Payments and Supplier Management |
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| - Prepare and process local and foreign supplier payment batches in accordance with approved payment terms and authority levels. |
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| - Review supplier reconciliations and resolve payment, invoice and stock receipt queries. |
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| - Ensure payments are supported by valid documentation and appropriate approvals. |
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| Inventory and Stock Accounting |
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| - Reconcile stock receipts, purchase orders, supplier invoices and third-party warehouse records. |
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| - Ensure inventory and landed costs are accurately recorded and valued in accordance with approved accounting policies. |
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| - Monitor stock in transit, inventory provisions, slow-moving and expired stock, and investigate stock discrepancies. |
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| Pricing, SEP and New Product Launches |
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| - Maintain approved product pricing, including SEP updates, tender prices, customer price lists and related system changes. |
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| - Verify that approved pricing changes are correctly implemented across the ERP, IHS and other relevant systems. |
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| - Support new product launches through product costing, margin analysis, master-data setup, budgeting and finance readiness checks. |
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| Compliance, Controls and Audit |
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| - Maintain effective financial controls over payments, inventory, pricing, journals and master-data changes. |
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| - Support statutory, internal, external and B-BBEE audits by preparing accurate schedules and supporting documentation. |
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| - Assist with the maintenance of finance policies, standard operating procedures and audit action plans. |
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| SARB and Exchange-Control Compliance |
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| - Maintain complete supporting documentation for foreign payments, imports and foreign currency transactions. |
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| - Reconcile supplier invoices, payments, shipments and customs documentation, including SAD500 and Import Verification System requirements. |
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| - Liaise with banks, suppliers, freight partners and clearing agents to resolve outstanding exchange-control documentation and queries. |
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| - Ensure Balance of Payments classifications and foreign payment submissions are accurate and compliant. |
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| Systems and Process Improvement |
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| - Support ERP implementation, system integrations and improvements to finance processes and reporting. |
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| - Identify opportunities to strengthen controls, improve efficiency and automate recurring finance activities. |
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| - Work closely with relevant departments and external service providers to resolve financial and operational matters. |
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| Ad Hoc Responsibilities |
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| - Participate in financial, operational, compliance and strategic projects as required. |
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| - Perform any other reasonable finance-related duties or ad hoc tasks assigned by management. |
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| Minimum Requirements |
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| EDUCATION |
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| - Bachelor of Accounting with Honours |
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| Preference for candidates from : |
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| - UCT |
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| - UJ |
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| - University of Pretoria |
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| - Wits |
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| EXPERIENCE |
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| - CA -- 2-3 years post articles experience OR |
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| - CIMA -- 2-3 Years experience OR |
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| - BCOM Hons -- 3-5 years' experience |
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| SKILLS/PHYSICAL COMPETENCIES |
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| - Good knowledge of Microsoft Office (Word, Outlook) |
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| - Advanced Excel |
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| - Good knowledge of Pastel/similar accounting system |
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| BEHAVIOURAL QUALITIES |
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| - Strong analytical and problem-solving skills. |
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| - Excellent attention to detail and organizational abilities. |
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| - Effective communication and interpersonal skills. |
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| - Deadline driven |
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| - Time Management skills |
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| - Able to work under pressure |
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| - Planning skills |
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| - Use Initiative |
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| Collaboration: Refers to formal and informal relationships. |
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| - Collaborate with other departments, such as procurement, operations, and finance, to ensure accurate financial recording of transactions. |
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| - Participate in cross-functional teams for projects related to financial process enhancements. |
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| General working conditions (e.g. shift work, drivers' license, specific tools, special clothing, environmental requirements, etc.) |
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| - Drivers License |
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| - May be required to work overtime when requested |
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| Travel |
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| - None |
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Approval
Manager
Signature Date