Responsibilities
We have amazing opportunities for a Financial Accountant to be based in Umhlanga. Do you think you have what it takes to be our newest Purple Star?
Processing of monthly journals, review of general ledgers, preparation of management accounts and relevant supporting performance measures which will be reviewed by the Junior Financial manager.
Preparation of reconciliations on a monthly basis for all balance sheet accounts which will be reviewed by the Junior Financial manager. Preparation of VAT recons with supporting schedules.
Preparation of all schedules requested by the External Auditors and facilitating requests of documents during the audit. Direct supervision/mentoring of junior team members. Assisting the Junior Financial manager in fulfilling his/her duties.
You bring:
Matric
Studying towards Relevant Degree/Diploma
Microsoft Office
Strong understanding of IBranch operational and financial processes
Sage Evolution or Similar Accounting Software
Financial metrics
Review IBranch general ledgers to ensure cashbook and creditors capturing are correctly allocated and VAT correctly accounted for.
Capturing and posting monthly journals for IBranch.
Preparation of certain monthly IBranch management accounts allocated by the Junior Financial Managers.
Analytical review of the allocated IBranch accounts and provide commentary on variances.
Compile reports highlighting monthly fluctuations on key IBranch accounts - producing graphs.
Ensure IBranch management accounts are prepared timeously for review by the Senior Accountants and Junior Financial Managers.
Assisting in the preparation of annual financial statements. Preparation of monthly IBranch Balance Sheet reconciliations in line with the monthly deadlines communicated by Management.
Review the journals, reconciliations, and cash books prepared by IBranch junior team members to ensure accuracy and compliance. Processing non-routine transactions and complex transactions for IBranch.
Ensure that supplier payments are made in accordance with the terms specified in relevant agreements.
Review and approve payments submitted by creditors, ensuring their validity and accuracy to prevent any financial losses to the business. Ensure that variances or discrepancies are investigated and reported accordingly. Where escalations are required, to direct these to the relevant department and to your manager.
Ensure cashbook clerks, creditors and debtors meet their deadlines to allow sufficient time for review of all IBranch general ledgers before preparation of management accounts.
Assist with the preparation of VAT Recons and the review of VAT general ledger accounts, prepare Output and Input Reasonableness schedules and VAT reconciliation.
Assist with the preparation of Income Tax and Deferred Tax computations.
Review loans and creditors, reconciliations to external statements for IBranch.
Conduct data testing calculations, ensuring accurate transfer and validation from the internal database to external softwares. Meet with the relevant HTUV distributors to resolve variances or any unpaid monies owed to the business in a timely manner.
Prepare all schedules required by External Auditors, Internal Auditors and BEE Auditors for IBranch.
Facilitate requests by auditors for documents required for substantive testing for IBranch.
Assist the Junior Financial Managers on ad hoc tasks related to IBranch.
Track performance and schedule review meetings with the Junior Financial Managers for IBranch.
Compliance, risk and quality
Comply with company policies and procedures.
Ensure logical saving of all IBranch work, templates, etc. monthly and yearly such that each year's financial records can stand on its own during audits.
Produce high-quality, neat, logical, formula-linked work/templates/workbooks/financial models for IBranch substantiated by facts.
Ensure final versions and other documents for IBranch are chronologically saved/backed up.
100% compliance with COSACT, Tax Acts, IFRS/IFRS for SMEs and other laws/regulations relating to finance.
Preparation and quarterly updating of IBranch process write-ups.
Growth and new markets/products
Ensure measures are put in place and steps are taken to achieve IBranch short, medium, and long-term goals.
Perform ad hoc tasks as required for IBranch.
What You'll Bring To The Team:
Financial Accounting & Reporting
Variance & Performance Analysis
Taxation & Compliance
Audit Preparation & Support
Cashbook, Creditors & Debtors Management
Financial Control & Risk Management
General Ledger Management
Data Analysis
Variance Analysis
Excel Expertise
Pastel Evolution or Similar Accounting Software
Apply Before 08/12/2026