Company Description
iKhokha is a place where chance takers become change makers. At iKhokha, we believe in better. As you'd expect, our pace is fast-moving and ever-changing. We like it that way. As one of the fastest growing Fintech's in Africa we've built a team of global change-makers who want to make an impact. If you believe in a better future, be a chance-taker and help us empower small businesses in South Africa.
Job Description
Are you a skilled finance professional ready to make an impact? Look no further!
We're looking for a driven Financial Accountant to join our iKTribe and play a pivotal role in shaping our company's financial success.
So, what will you do?
Gather financial data to ensure that all financial transactions are valid, accurate and complete on a monthly basis.
Ensure compliance with IFRS and SARS, CIPC and other relevant legislation/regulations.
Accurate financial processing in preparation of monthly Trial Balance.
In addition to the above, your key responsibilities will be:
Fixed Asset Register:
Process all additions on a monthly basis.
Run depreciation and amortisation for month end.
Ensure fixed asset register reconciles to GL.
Conduct annual impairment testing on intangible assets.
Cashbook:
Ensure all cashbooks are processed daily/weekly.
Bank reconciliations performed weekly with no variances.
Accuracy of cashbook allocations.
Unallocated payments or receipts resolved timeously.
Value Added Tax:
Calculation of accurate output and input tax values based on value added tax act.
Prepare VAT reconciliation to GL.
Ensure VAT is captured on e-filing and submitted before submission deadline.
Ensure SARS receives payment before deadline.
Prepare necessary documents requested by SARS for Audit.
Payments:
Load supplier payments.
Provide proof of payments as required.
Review of banking details for payments.
Ensure that there is sufficient cash available for payments.
Allocate merchant deposits to the correct wallet IDs.
Reconciliation & Journal Entries:
Prepare all balance sheet reconciliations.
Ensure reconciling items are resolved timeously.
Process all monthly journal entries timeously to ensure month end close deadlines are achieved.
General Ledger Review:
Perform detailed review of all GL accounts to ensure completeness.
Correction of allocations between GL's.
Review costs against budget to understand variances.
Process/reverse provisions and accruals where necessary.
Budgeting:
Assist in the annual budgeting process.
Ensure all costs are budgeted for accurately.
Assist in balance sheet and working capital budgets.
Annual Audit:
Assist in the annual audit process.
Provide supporting documents requested by external auditors timeously.
Income Tax:
Calculate accurate Income Tax values based on Income Tax Act.
Prepare deferred tax asset/liability and reconcile to GL.
Conduct annual impairment testing on deferred tax asset.
Ensure provisional Income Tax returns are captured on e-Filing and submitted before submission deadline.
Ensure SARS receives payment before deadline.
Prepare necessary documents requested by SARS for audit.
Other Statutory Reporting:
Assist in executing against the company's B-BBEE strategy with the support of the Finance Operations Manager and 3rd party advisors.
Assist in timeous EE & WSP reporting on an annual basis.
Assist in annual CIPC submissions processed by 3rd party company secretary.
Qualifications
Completed Matric / Grade 12.
BCom Accounting Degree/Post Graduate Diploma.
Qualified CA (SA) - Non negotiable.
Deal Breakers:
Completed SAICA articles plus 2 years minimum commercial experience - negotiable.
Solid knowledge of accounting regulation standards.
Solid knowledge of the South African tax legal framework.
Solid knowledge of other relevant South African legislation and regulations.
Practical experience in processing SARS submissions, CIPC returns and other submissions to relevant regulatory bodies.
Prior experience with MS Dynamics Business Central would be an advantage, but is not required.
Additional Information
Perks of joining the Tribe:
Work in a high-growth company with tangible results you're accountable for.
Enjoy hybrid and in office work models based in DBN.
Competitive remuneration and benefits, including Medical Aid and Group Risk scheme contributions.
Be guided by visionary leadership.
Seize the opportunity for study leave.
Access to on-demand learning and development.
Experience a friendly, collaborative culture with a team of all-round-lekker humans.
If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our very own onsite Barista.
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