Financial Accountant

This position will be based in the finance department and reporting to the financial manager, supporting the financial management function by managing and improving the overall value in all areas of the business. The role is also critical in the on-time monthly reporting and overall consolidation of Rapid Innovation Group.

Responsibilities:

Record keeping or GL and compliance

• Oversee management of the General Ledger chart of accounts
• Oversee monthly reconciliation of General Ledger accounts
• Ensure all the journals, including accruals, are processed on time in the accounting system.
• Ensure compliance with accounting standards and other regulatory bodies in how transactions are accounted for.
• Preparation of accurate financial reporting information as required by management and/ or per IFRS for SMEs
• Prepare tax computations periodically as they become due and ensure that the tax returns are also prepared and submitted on time.
• Prepare monthly VAT return and ensure this is correct and submitted on time to avoid interest and penalties.
• Address internal and external audit queries to ensure compliance.

Budgeting and monthly reporting

• Monthly budget consultations with the budget holders/ Executive HODs
• Ensure adherence by the departments to their budgets
• Ensure budget projections, expenses and revenue forecasts are updated quarterly
• Review budget variance reports and ensure that this has been substantiated
• Manage budget process by ensuring compliance with budget policy, flagging non-compliance to HODs and ensuring the yearly progress is reported accordingly.
• Review the monthly cash flow forecasts and make sure that this is attainable given the cash projections
• Review the cost analysis reports and provide monthly departmental cost analysis to HODs
• Prepare monthly management accounts for each company.
• Assist in the preparation of the Financial Statements
• Assist in the preparation of key risk indicators report for managing the overall group risks

Staff management

• Manage subordinates.
• Assist in building a culture that is conducive for staff to work within
• Perform regular review of subordinate staff’s performance and give feedback accordingly
• Assist the financial manager in setting goals for staff within the department
• Identify staff development needs and train accordingly
• Identify training requirements for the staff within the department and ensure that adequate training is done by each staff member within the costs budgeted for

Ad-hoc

• Provide support to the rest of the department and other departments.
• Support group activities

Qualifications and experience:

• Honours / Post Graduate Degree in Accounting or similar essential
• CA(SA) / CIMA - Preferred
• 1 – 2 years post articles
• 4 – 6 years of business experience in accounting and reporting, with at least two years of those in a supervisory position
• Media experience – advantageous

Key knowledge areas and competencies:

• Planning methods and techniques
• Business/finance procedures
• Financial analysis and interpretation of ratios
• Analytical
• Excellence communication skills
• Ability to work under pressure
• Be able to demonstrate good leadership skills
• Detail oriented

Posted on 18 Mar 11:45, Closing date 31 Mar