Senior Accountant

The Senior Accountant will be responsible for overseeing and managing the financial operations of the designated business areas. Reporting to the Finance Manager, the Senior Accountant will play a crucial role in maintaining accurate financial records, ensuring compliance with accounting standards and regulations, and providing financial insights to support strategic decision-making for the division.Role responsibilities are:

1. Financial Reporting and Analysis:
   1. Prepare daily and weekly ‘flash’ trading results summaries.
   2. Prepare monthly management accounts in accordance with the company’s accounting policies and IFRS.
   3. Prepare annual financial statements in accordance with the company’s accounting policies and IFRS.
   4. Conduct variance analysis and provide insights into financial performance.
   5. Generate financial reports and present them to management, highlighting key findings and recommendations. 
   6. Group consolidations and intercompany eliminations.
   7. Assist in budgeting, forecasting, and cash flow management activities.
   8. Reconcile forex gains/losses.
   9. Perform other ad-hoc financial analysis and reporting as required.
2. General Ledger Management:
   1. Oversee and maintain the general ledger and ensure accurate recording of financial transactions.
   2. Cash management and bank reconciliations, including validity, accuracy and completeness thereof.
   3. Perform reconciliations of balance sheet accounts and intercompany transactions and balances.
   4. Monitor and maintain fixed asset records, depreciation, and amortization schedules.
   5. Review and reconcile monthly payroll calculations including sales rep commission calculations.
   6. Credit card management and reconciliations.
   7. Assist with month- and year-end closings.
3. Taxes
   1. Preparation and submission of income tax returns (ITR14 and IRP6) and related schedules.
   2. VAT reconciliations and preparation and submission of VAT returns (VAT 201).
   3. Payroll and payroll tax reconciliations (PAYE, SDL and UIF) and preparation and submissions of returns (EMP 201, EMP 501).
   4. Preparation of IT14SD reconciliations and schedules (VAT, PAYE and Income Tax).
   5. Liaison with tax authorities.
4. Financial Controls and Compliance:
   1.  Develop and implement internal controls to safeguard company assets and maintain financial integrity.
   2. Maintain vigilance over new operational and financial risks and implement controls to mitigate risks.
   3. Stay up-to-date with accounting regulations and ensure compliance with statutory reporting requirements.
   4. Assist in developing and enhancing financial policies and procedures.
5. Audit
   1. Coordinate with external auditors during the annual audit process and provide necessary documentation and support as required.
   2. Preparation of audit files and analytical reviews of independent reviews.
   3. Ensure audit is completed within timeline planned.
   4. Liaison with external auditors.
6. Team Leadership and Collaboration:
   1. Supervise and mentor junior accounting staff, providing guidance and support in their professional development.
   2. Collaborate with cross-functional teams, including finance, operations, and management, to analyze financial data and drive process improvements.
   3. Act as a key point of contact for financial queries and provide guidance to stakeholders.

Role requirements are:

• Bachelor's degree in Accounting, Finance, or a related field. A professional accounting qualification (e.g., CA, SAIPA, ACCA, CIMA, CPA etc) is required.

• Minimum of 5 years of progressive accounting experience, including at least 2 years in a supervisory or senior role.

• Strong knowledge of accounting principles, IFRS, and tax regulations.

• Proficient in financial management software, and ERP systems (NetSuite and CaseWare experience advantageous).

• Excellent analytical and problem-solving skills, with the ability to interpret complex financial data.

• Capability to work effectively in a team environment.

• Ability to work well under pressure and deliver to tight deadlines.

• Exceptional attention to detail, with a commitment to accuracy and reliability.

• Effective communication skills, both written and verbal, to present financial information clearly and concisely.