Finance Accountant

Details of the offer

To provide the business with accurate recording, processing, monitoring and reporting of all Financial controls of the 2 Non-Profit Company (NPC) entities within IJI.Responsibilities:Ensure that bank recons are prepared, reconciled and journals processed to clear recons.Manage and ensure a proper credit approval process.Day to day management of all contracts.Responsible for Raising Supplier Requisition, Approving Requisition, Receiving Goods, Order Receipting.Manage the processing of Invoice / Credit Notes / Debit Notes.Co-ordinate monthly payments to suppliers against cash flow forecast for the entities.Accountable for relevant General Ledger accounts.Manage the settlement of disputes and follow up and resolution of outstanding items with suppliers.Fully reconciled and detailed provisions for all accounts within the creditors environment.Process month-end including Accruals, reporting and audits.Manage the day to day financial and administrative transactions relating to payments to suppliers and supplier queries.Ensure fully reconciled trial balance items, delivered timeously with all the detail required for management reporting together with analysis by business unit in compliance with GAAP.Ensure that sub-ledgers are compliant with the rigors of audit to substantiate values in the balance sheet.Maintain accurate database of EFT detail – regular update of banking information.Ensure compliance with best practice internal controls and accounting practices.Monthly reports of activities, productivity and performance measures (KPI's) e.g.
Settlement discount reporting, Payment days, Accruals Reporting.Co-ordinate and prepare Annual Statistics Reporting.Establish SLA with key stakeholders.Monitor current systems and controls related to assets and capital expenditure to ensure compliance with procedures and to raise concerns regarding non-compliance.Prepare monthly operational reports.Prepare monthly, quarterly and full year financial reports for board.Prepare budgets and quarterly forecasts in accordance with central finance guidelines.Liase with Tax, Treasury, other finance departments as required.Technical Skills:Accounting degree or diploma (Btech in Accounting, B.Com or similar).3-5 years' accounting experience.Sound understanding of accounting processes and control requirements.Ability to document and implement financial processes in a large organization.Strong Excel skills and the ability to work with large volumes of data.High initiative / self-starter / proactive / anticipate requirements.Excellent planning and organizing skills.Efficient and accurate with high attention to detail.Good problem-solving skills and ability to make decisions independently.Ability to adapt quickly to change.Excellent communication skills – verbal and written.Team orientation and ability to work independently.High stress tolerance."As a proud South African brand, Woolworths is committed to transformation.
Meeting our employment equity goals will be taken into account in our recruitment decisions"
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Nominal Salary: To be agreed

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