Position: Accountant
Salary: Market related
Location: Roodepoort
Job type: Permanent
Industry: Manufacturing
Reference Number: CWR.A.MRD.18072024
COMPANY DESCRIPTION:
Our client within the manufacturing industry is looking for an Accountant responsible for providing a full accounting function to its business.
JOB DESCRIPTION:
MAIN DUTIES & RESPONSIBILITIES:
Inventory:
Capturing of stock figures on a monthly basis
Assist in devising ways to optimize inventory control procedures
Use software to monitor demand and document characteristics of inventory
Collaborate with warehouse employees and other staff to ensure business goals are met
Report to upper management on stock levels, issues, etc.
Fixed Assets:
Ensure accurate control over fixed assets
Maintain a fixed asset register
Maintaining a current database of assets
Conducting periodic fixed asset counts
Creating and monitoring a system of controls, procedures, and forms for the recording of fixed assets
Recommending to management any updates to accounting policies related to fixed assets
Assigning bar codes to fixed assets (Affixing asset tags)
Recording fixed asset acquisitions and disposals in the accounting system
Allocation of costs to relevant development projects
Intercompany Accounting:
Reconcile intercompany accounts.
Performing analysis and coordinating with intercompany counterparts to resolve any differences noted during reconciliation
Revenue and receivables:
Perform company accounting duties and determine revenue and expenditure
Work with account team to perform financial planning, analysis, and reporting activities
Determine monthly revenue forecast and perform monthly revenue analysis
Create weekly revenue report to senior management
Oversee financial transaction and process invoices promptly
Perform reconciliation of account receivable
Monitor clients' payments, track financial transactions, and resolve billing discrepancies and reconciliations
Manage financial transactions that are associated with a company's revenue, review contracts, verify billing details, and ensure that all revenue is accounted for accurately
Liaising with lawyers if any long outstanding debtors need to be handed over.
VAT & Tax:
Perform VAT accounts reconciliation and VAT analysis
Complete VAT related accounting activities upon which VAT returns depend, including control checks of transaction data and review of supporting tax documentation to identify any errors or anomalies
To ensure that the Periodic VAT journals are uploaded to GL on a timely basis, and that a robust control environment exists around the Management Accounts VAT process
Full responsibility for VAT Returns to be prepared and submitted monthly
Prepare tax payments
Estimate and track tax returns
Complete bi-annual and annual tax reports
Prepare necessary paperwork for tax payments and returns
Bank & Cash:
Processing of Cash book postings – receipts, payments from bank statements on Pastel
Reconciliation of Bank statements / Cash book
Petty cash reconciliation and reporting on a weekly basis
Identifying ad-hoc opportunities to maximize cash flow
Reporting:
Maintain Income Statement, Balance Sheet, Trial balance
Issuing of complete management accounts to the CEO by the 15th of every month
Preparation of Month end and Year end reports
Reconcile, maintain and manage General Ledger accounts on a monthly basis
Clearing of suspense accounts on monthly basis
Reconciliation of Control accounts
Capturing of General Ledger Journals
Compiling a full up to date debtors report for the sales representatives and CEO for their meeting on Friday morning
Purchase & Payables:
Ensuring discounts are taken correctly and timeously
Checking creditors reconciliations and putting forward for payment
Capturing of supplier invoices on a daily basis
Ensuring discounts are taken correctly and timeously
Ensure all supporting documents have been signed by all relevant parties and once paid, filed orderly and timeously
EDUCATIONAL REQUIREMENTS:
Matric
Degree in Accounting
EXPERIENCE AND SKILLS REQUIRED:
5 years' experience in Manufacturing environment
Well versed with accounting practices
Strong communication and interpersonal skills
Highly accurate
Possesses the knack to spot any glitches in records
Presence of mind and diligence
Excellent organizational skills
#J-18808-Ljbffr
