Job Description

Client based in the retail sector is looking for a Senior Financial Accountant to join their team.The ideal candidate will have a strong background in financial management and administration, with a proven track record of managing various financial tasks efficiently and accurately. As a Senior Financial Accountant, they will be responsible for a wide range of financial activities including bank reconciliation, VAT submission, cash flow management, fixed asset management, stock control, invoicing, budgeting, and reporting.The potential candidate will also play a crucial role in mentoring junior staff, assisting in external audit requirements, and handling ad-hoc duties as required by the Financial Manager and Financial Director.Key Responsibilities:

• Perform bank reconciliation including cheque, call, salary and 48-hour transactions.
• Import bank statements daily and ensure accurate posting of all transactions.
• Process debit orders and allocate unlinked payments and deposits.
• Prepare and Submit VAT calculations and schedules monthly and ensure accurate accounting for all transactions.
• Monitor and manage cash flow, allocating funds to various departments as needed.
• Management and updating of fixed assets register, including populating assets, scrapping, disposing, and processing depreciation.
• Analysing and capturing closing stock for all stores, investigate discrepancies and updating tracker reports.
• Process various journals including monthly, quarterly, and yearly entries.
• Reconcile intercompany transactions accurately and timeously
• Invoice out intercompany transactions, management fees, and other income.
• Prepare files for the new month including paraffin, sales, and stock walk
• Obtain bi-annual stock take results and prepare stock take results schedule for approval
• Review various reports including sales, diesel, debtors, fuel usage, insurance, and more
• Complete CIPC annual return and assist with insurance claims processing
• Assist with budget process including preparation analysis, and importing budgets
• Apply for and follow with the development funding process when required
• Complete quarterly financial statistical survey and submit to STAT SA
• Review store income statement monthly and attend to income statement queries
• Review and authorise sundry recons for payment
• Review and authorising of payments when required
• Prepare accurate monthly, quarterly, and yearly management, exec, and Board reports
• Email landlord sales turnover reports
• Oversee junior staff and provide guidance for output
• Assist with external audit requirements and authorize EFT payments when necessary
• Ad hoc reporting and duties required by FM, FD, and Directors

Qualifications and Skills

• Bachelor's degree in finance, Accounting, or related field, +3 years of experience in financial administration or similar roles.
• Strong understanding of financial principles and practices.
• Proficiency in accounting software and MS Office, especially Excel.
• Excellent communication and interpersonal skills.
• Ability to work efficiently under pressure and meet deadlines.
• Attention to detail and high level of accuracy.
• Proven leadership and mentoring abilities.
• Familiarity with budgeting processes and financial reporting.
• Ability to handle confidential information with discretion.

Location: Durban NorthSalary: R 30 000 - R 34 000 CTC per monthShould you meet the above requirements, please send you CV to kendall@proappoint.co.za

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