Role OverviewThe main purpose of the Accountant is to proactively ensure that all relevant Hungry Lion financial information is provided timeously for analytical, audit purposes, monthly financial reporting, and the completion of tax returns for the relevant tax authority within the required deadlines.Duties/ResponsibilitiesReconciliations for Payroll: comparing payroll data to general ledger entries and posting corrections where neededFixed asset register: creating assets, doing monthly recon between fixed asset register and GL entries, and doing depreciation runs on the systemBank reconciliations: Salaries and suppliers' bank accounts, identify where reconciling items exist, inquire about differences, and adjust for differencesAssist with monthly VAT submissions, monthly VAT reasonability checks, provisional and final income tax submissionsAssist with withholding tax submissions, with assistance providedIntercompany balances: agree the balances, ensure that transfers were done in all the entities and adjust for forex movements where necessaryPrepare timeous accurate and comprehensive monthly cash-flow statementsIdentify, analyse and report on primary variances between actual and budget in management report to ascertain monthly value of shorts measured against budgetMake recommendations on cost improvements and loss-making stores to optimise financial growthManage and monitor banking procedures to ensure adherence and identify deviationsProvide timely and accurate monthly and weekly analytical financial reporting to Financial and other managersPrepare analytical reports for the management pack to report on back-testing from store viability studiesReport the recommendations based on the results of the analytical reports to ensure effective and efficient feedbackPrepare viability studies to ensure timeous and effective implementationMonitor and maintain compliance through:Managing the internal financial control systemMaintaining Hungry Lion's tax compliance by monitoring the rand value of tax penalties per annumMonitoring and managing adherence to IFRS for SMEs / GAAP standardsCoordinate the internal control risk management processes for Hungry LionPlan, prepare and coordinate external audits to ensure unqualified audit resultsAnalyse and account for foreign exchange movements based on foreign payments made to suppliersAssist the financial manager with ad hoc tasks, where neededRequirementsEligible to register as a Chartered AccountantCA(SA) with 1-2 years' post-articles experience preferredIntermediate to advanced Excel skillsAbility to navigate through a large amount of data while analysing the data through Excel formulae and functionalities to assess the completeness, accuracy and validity of the dataPrevious experience in performing payroll reconciliations is highly advantageousPrevious exposure to foreign exchange transactions, including but not limited to payments and intercompany transactions, would be beneficialCapability to perform bank reconciliations for various bank accounts, such as suppliers, salaries and wages, and foreign currency bank accountsAbility to work under pressure while delivering high-quality workClosing date for applications: Monday, 6 January 2025Seniority levelMid-Senior levelEmployment typeFull-timeJob functionAccounting/Auditing and FinanceIndustriesInternet Publishing
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