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 meet the above criteria, we invite you to apply directly to the advertisement. Should you not hear back from us within 2 weeks of application, kindly consider your application as unsuccessful