General Ledger Accountant

SUMMARY:
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POSITION INFO:

Our client is seeking a dynamic, problem solving and figure orientated individual who will be responsible for general accounting activities within the accounting department to join their team.

The role involves managing specific centralized functions for various ledgers across Africa and is responsible for applying accepted accounting principles and procedures to analyze financial information, prepare accurate and timely financial reports and statements and ensure compliance with appropriate accounting control procedures.

Job type: Permanent, on-site

Location: Cape Town

Duties including but not limited to:

• Monthly reconciliation of all Accounts Receivable and Accounts Payable ledger accounts
• Balance General Ledger to Accounts Receivable and Accounts Payable sub-system balances and reconcile
• Provision for doubtful debts calculations
• Process all payments via the ERP system from the bank statements and reconcile statements
• Obtain invoices and supporting documents and accrue invoices if not processed
• Reconcile Loan balances
• Maintain Fixed Asset Register
• Ensure that the General Ledger and Fixed Asset/Lease sub-systems are aligned
• Apply technical knowledge to the capitalization and decapitalization of assets
• Ensure additions and disposals to fixed assets/leases are recorded accurately
• Monthly reconciliation of fixed asset and leases to sub-systems
• Quarterly lease expense reconciliations and submission to Corporate Head Office.
• Lease accounting calculations to be prepared and reconciled
• Ensure inventory sub-systems to General Ledger balance monthly
• Monthly reconciliation of all inventory accounts and timeous inventory variance resolution
• Monthly reconciliation of all inventory accounts
• Prepare and process all relevant journals with appropriate supporting information
• Ensure the accounting records correctly reflect the results of business units’ financial position
• Maintain Balance Sheet Reconciliations in line with corporate requirements
• Follow up on corrections and clearing of any required balance sheet reconciling items
• Carry out monthly close procedures
• Preparation of financial information and supporting schedules according to monthly close schedule
• Analyse revenue and expenses
• Record revenue in terms of revenue recognition policy and compliance with IFRS
• Provide Operations with all financial information and analysis to support management decisions.
• Organize and preparation of monthly, quarterly, yearly financials
• Assist with organizing and preparation of information as required for statutory and tax audits in respective countries.
• Assist in documentation and monitoring of internal controls (SOX).
• Carrying out all duties in accordance with the quality assurance procedures / departmental works instructions.
• Comply with OHS standards.

Minimum Requirements:

• Minimum Bachelor’s Degree (NQF7) in Accounting or Finance.
• Professional Accountant (SA), AGA (SA) – advantageous
• 5 Years general accounting experience in commerce or completed SAIPA/SAICA Articles/formal accounting training
• Knowledge of IFRS
• Good understanding of accounting principles (IFRS, US GAAP and Sox reporting)
• ERP system experience

Should you wish to be considered for this opportunity, please apply directly to the advertisement. Should you not hear back from us within 2 weeks of application, kindly consider