Finance Accountant – Government Job Vacancies in Durban

  • Full Time
  • Durban
  • Posted 2 months ago

Sharon Nurock Recruitment c.c.

Reference: DUR002420-SN-1

Our client, a leading distributor of FMCG products throughout South Africa, currently seeks an experienced and innovative individual to join their growing team.

Duties & Responsibilities

Minimum Requirements:

  • B Com Degree in Finance
  • 3 years relevant experience
  • Professional body membership an advantage (SAICA/ACCA/CIMA/SAIPA)

Key Performance Areas:
Group Accounts

  • Manage all group financial requirements which includes statutory compliance and management pack
  • Prepare monthly, quarterly and annual forecasting reports
  • Assist with internal audit queries
  • Liaise with suppliers, clients and external service providers
  • Review and sign-off reconciliations of all control accounts as well as client and supplier accounts
  • Maintain the financial and non-financial data contained within the general ledger accounts
  • Review general ledger journals and recons
  • Review provisions and accruals
  • Effectively respond to all account queries

General Finance

  • Support Debtors and Creditors
  • Control inter-company balancing
  • Review sub-systems and accounts
  • Check and inspect banking before release
  • Ensure accurate petty cash pay outs

Accounting Operations

  • Negotiate payment plans
  • Resolve service issues
  • Monitor client accounts and ensure accuracy in authorisations
  • Maintain client relationships
  • Perform reconciliation of accounts
  • Develop and implement mechanisms and controls to ensure accurate billing and collection cycles
  • Ensure timely collection of payments
  • Conduct credit checks
  • Manage new technology to improve performance
  • Manage bad accounts and collection agencies
  • Assist business during audits of the portfolio and credit decisions
  • Make daily credit committee decisions
  • Perform analysis on credit decisions for management

Risk Management

  • Identify risk accounts
  • Manage accounts and repayment arrangements
  • Report problematic repayment arrangements to insurers
  • Ensure accurate allocation of credits to clients accounts
  • Oversee and implement projects including ISO 9001

Group Reporting

  • Prepare, analyse and compile fortnightly utilisation reports, quarterly budgets, group financials and management pack
  • Develop and communicate policies
  • Compile and ensure accuracy of the management pack

Audit Management

  • Liaise with external auditors on all matters relating to audits and independent review
  • Assist and allocate information requested by auditors
  • Address all queries received from auditors
  • Report and assess the residual values and the impairment of assets within the entity
  • Verify that all transactions are correctly recorded
  • Ensure tax compliance
  • Ensure financial liabilities agree to disclosure of the amortisation schedules and IFRS
  • Ensure financial internal controls are adhered to, monitored and improved
  • Reconcile fixed deposit and investment accounts
  • Identify and respond to risks in the organisation both financial and non-financial
  • Maintain current standing with tax authorities
  • Ensure appropriate external audit arrangements are in place and manage the audit process

Property and Facilities Management

  • Liaise with property brokers, estate agents or prospective purchasers regarding information on properties for sale and manage the process of property acquisition and disposal
  • Request bank guarantees from Treasury Departments
  • Capex management
  • Scrutinise sale or purchase agreements
  • Plan and coordinate all installations and refurbishment
  • Manage the upkeep of equipment and supplies
  • Supervise all facilities staff and external contractors
  • Ensure insurance compliance on all properties/assets
  • Ensure hazard analysis and critical control points
  • Manage and review service contractors and vendor relationships

Skills and Competencies:

  • Thrive under pressure
  • Excellent communication skills at all levels
  • Ability to multitask
  • Initiative – take ownership
  • Team player and collaborative
  • Work independently
  • Integrity and confidentiality

Package & Remuneration

25 000 per month (cost to company) – negotiable


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