Financial Accountant

iKhokha • Full-time • Umhlanga, KwaZulu-Natal, South Africa • 7h ago

Job Description

Are you a skilled finance professional ready to make an impact? Look no further!

We're looking for a driven Financial Accountant to join our iKTribe and play a pivotal role in shaping our company's financial success.

So, what will you do? 

Gather financial data to ensure that all financial transactions are valid, accurate and complete on a monthly basis.
Ensure compliance with IFRS and SARS, CIPC and other relevant legislation/regulations.
Accurate financial processing in preparation of monthly Trial Balance.

In addition to the above, your key responsibilities will be:

Fixed Asset Register:

Cashbook: 

Value Added Tax:

Calculation of accurate output and input tax values based on value added tax act.
Prepare Vat reconciliation to GL.
Ensure VAT is captured on e-filing and submitted before submission deadline.
Ensure SARS receives payment before deadline.
Prepare necessary documents requested by SARS for Audit

Payments:

Reconciliation & Journal Entries:

Prepare all balance sheet reconciliations.
Ensure reconciling items are resolved timeously.
Process all monthly journal entries timeously to ensure month end close deadlines are achieved.

General Ledger Review:

Budgeting:

Annual Audit:

Income Tax: 

Calculate accurate Income Tax values based on Income Tax Act.
Prepare deferred tax asset/liability and reconcile to GL.
Conduct annual impairment testing on deferred tax asset.
Ensure provisional Income Tax returns are captured on e-Filing and submitted before submission deadline.
Ensure SARS receives payment before deadline.
Prepare necessary documents requested by SARS for audit

Other Statutory Reporting:

Assist in executing against the company’s B-BBEE strategy with the support of the Finance Operations Manager and 3rd party advisors (i.e., provide supporting reporting and data points to key stakeholders, ratings agencies, etc.).
Assist in timeous EE & WSP reporting on an annual basis (i.e., provide supporting reporting and data points to key stakeholders, Dept. of Labour, SETA etc.).
Assist in annual CIPC submissions processed by 3rd party company secretary

Qualifications

Deal Breakers:

3-5 years’ experience as a financial accountant / similar role in an operational finance team
Completed articles and proven work experience as a Financial Accountant or similar role
Solid knowledge of accounting regulation standards
Solid knowledge of the South African tax legal framework (i.e., income tax, VAT, PAYE, etc.)
Solid knowledge of other relevant South African legislation and regulations (i.e., Companies Act, B-BBEE, CIPC, etc.)Practical experience in processing SARS submissions, CIPC returns and other submissions to relevant regulatory bodies
Prior experience with MS Dynamics Business Central would be an advantage, but is not required

Additional Information

Perks of joining the Tribe

Work in a high-growth company with tangible results you're accountable for
Enjoy hybrid and in office work models.
Competitive remuneration and benefits, including Medical Aid and Group Risk scheme contributions
Be guided by visionary leadership
Seize the opportunity for study leave  
Access to on-demand learning and development
Experience a friendly, collaborative culture with a team of all-round-lekker humans (it’s true, we surveyed our Employees and they told us so)
If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our very own onsite Barista