Financial Accountant

Company Description

SoluGrowth is a leading South African Business Process Solutions company with global reach and expertise across various industries, serving clients worldwide.

The ideal candidate is responsible for the coordination and execution of account reconciliations, budget compilation, and back-up to the accounts payable function. Prepare financial reports required by various stakeholders and accurately reflect business position and performance. Analyse the entity’s financial performance and provide financial data to the rest of the team, allowing them to make budgeting and investment decisions as and when required. Providing professional accounting support to the Finance Manager.

Responsibilities

• Ensuring all month end journals are processed expeditiously and accurately.

• Review monthly reconciliations (bank, debtors, creditors, prepayments, and accruals)

• Prepare monthly management accounts (Income statement, Balance Sheet, Cash Flow statement)

• Input forecasts obtained from the Financial manager into the management accounts

• Liaise with relevant internal stakeholders to manage spend (over or under)

• Ensure accounting treatment of various transactions is in accordance with IFRS

• Maintain accurate reconciliations

• Ability to assist with various inputs required for CEO reports

• Capture and document all bank statement transactions accurately

• Prepare and finalize monthly bank reconciliations

• Resolve issues with promptly to ensure month end deadlines are met.

• Ensure adhoc payments and receipts are allocated to the correct accounts. Review of VAT 201

• Review and release SARS (VAT) payments

• Assist with loading provisional taxes bi-annually

• Assist with providing information for annual tax returns

• Review tax

• Liaise with relevant consultants in relation to SARS matters. Assist the FM in preparing the operational

expenses budget

• Once approved, load approved budget on the system Audit

• Ensure all deadlines are met.

• Field off requests from auditors independently and promptly.

• Ensuring all year end journals are processed expeditiously and accurately.

• Source information requested by auditors to support and expedite the audit process e.g. Policies,

Financial statements etc.

• Liaison with auditors for query resolutions

• Prepare Annual Financial Statements in accordance with IFRS . Risk Management

• Assist FM with developing effective financial policies and control procedures.

• Maintaining all internal controls and systems in the department to ensure efficiency whilst supporting the

FM

• Monitor, manage and recommend improvements to the current internal control procedures

• Identifying and report any breach in controls with the finance environment Administration

• Ensure payment policy is followed

• Post and/or authorise transfers for the Financial Manager to review and release

• Liaison with Bankers as and when necessary

• Proper, well-organized, and user-friendly filling system.

• Support data collection processes and ensure financial data quality

• Save correct monthly Trial Balances for each entity on server (Previous year trial balance, Month trial

balance, Year to date GL, attach bank statement relevant to the month)

• Support financial administrators with banking/payments when required

• Maintaining effective communication and positive working relationships

Qualifications and Experience

• B Com degree (Accounting)
• 5-8 years post articles finance experience in a similar role
• Tax knowledge beneficial

Skills

• Intermediate excel skills – ability to maintain integrity of spreadsheets
• Adequate working knowledge of Microsoft Office Suite (Word, PowerPoint, Outlook)
• Prior experience with SAP is an advantage
• Working Knowledge of the IFRS and IAS reporting policies
• Creativity/ Innovation
• Judgement
• Analysis and Attention to Detail
• Tolerance of Ambiguity
• Judgement and Decision-Making
• Problem Solving