Financial Accountant

  • Full Time
  • Permanent
  • Durban
  • Applications have closed

SFG Engineering

Job requirements:

  • Stakeholder Management capabilities
  • Financial Acumen
  • Budget Planning and Management
  • Cost reduction
  • Customer Relationship Management
  • Analytical Problem-solving
  • Process and System Development and Implementation
  • Effective communications on all levels within the organisation and customers
  • Ability to work in a structured and methodical manner, ensuring accuracy.
  • Be available to work after hours and weekend work at short notice
  • Good communication skills (oral & written)
  • Ability to work under pressure and attention to detail
  • Shows initiative and problem solving
  • Computer literate with advanced knowledge of MS Excel
  • Team Player
  • Independent and structured
  • Innovative

 

Job responsibilities:

 

Financial Management

  • Responsible for overall financial process adhering to relevant instructions and guidelines
  • Month end, interim and year-end financial reporting in line with Company guidelines and time frames
  • Coordinate and prepare year end estimates and annual budgets in line with Company guidelines and time frames
  • Maintain accurate and up to date asset registers
  • Keep accurate records of all transactions, using relevant documentation
  • Prepare balance sheet reconciliations monthly for review and sign off by Financial Manager
  • Continuous improvement on all financial processes
  • Identify and manage financial risks

 

Financial Administration

  • All financial and administrative processes and systems
  • Develop, implement, and maintain adequate internal financial controls
  • Manage Internal and external audit processes
  • Effective communication with all financial and administrative staff
  • Coordinate and maintain all insurance related requirements and processes
  • Procurement processes and business support
  • Cost control and contracting
  • Daily Cash flow management
  • Preparation of board packs

Manage debtors

  • Process Debtors journals
  • Reconcile Debtors Control monthly
  • Complete Monthly Revenue Recon
  • Ensure completeness of revenue
  • Monitor and evaluate customer behavior and take corrective action where required
  • Monitor and report on effectiveness of query resolution in line with agree KPIs

Manage creditors

  • Ensure creditors reconciled to statement and paid on time
  • Review creditor applications, including BBBEE status
  • Interact with internal and external stakeholders to resolve complex issues

Manage disbursements control

  • Reconcile Disbursement Control monthly
  • Process Disbursement journals
  • Ensure all open files are kept within agreed time frame

Ensure compliance with relevant legislation

  • Adheres to Tax and Accounting Laws
  • Adheres to all other relevant legislation
  • Keep and maintain all company documentation
  • Ensure that quarterly tax computations are prepared and reviewed; Income tax returns are filed and paid on time
  • Overall ensure that the company follows Tax requirements (VAT, PAYE, Withholding Tax, Income Tax, Transfer Pricing)
  • Ensure that AFS are completed within 3 months after year end
  • Ensure compliance with IFRS

Qualification:

  • Degree in Bachelor of Commerce Accounting or equivalent
  • Chartered Accountant (preferable)
  • Knowledge and experience of related computer applications

Experience:

  • 3-5 years’ experience working in Finance, including at least 2 years in a management position
  • Experience in a Logistics and/or Shipping environment will be an advantage
  • Knowledge of accepted accounting practices and principles
  • Knowledge of applicable laws, codes, and regulations
  • Knowledge and experience of related computer applications

Must have own motor vehicle and valid driver’s license