Introduction
Our client is currently looking for a Financial Accountant to join the team. The ideal candidate must have strong financial accounting experience and be proficient in stock management. First prize is an experienced Accountant who comes from a manufacturing concern and who has been responsible for stock.
Duties & Responsibilities
- To reconcile and control the various types of stocks
- Perform regular stock reviews and analysis to ensure accurate inventory tracking and reporting.
- Ensure that inventory valuation and product cost transactions impacting financial reports are monitored, controlled, and posted to the inventory ledger and general ledger.
- Review and finalise purchase orders to verify correct quantities, prices, and supplier information.
- Preparation of journals for manual Manufacturing stock accounting entries.
- Conduct reconciliations for Manufacturing stock accounts against sub-ledger data and identify variances for resolution.
- Determine the appropriate resolution for Manufacturing stock variances in collaboration with the manufacturing accounting team.
- Initiate variance resolution with the appropriate stakeholder groups and monitor resolution of variances.
- Escalate inconsistent, inaccurate, or incomplete transactions for resolution.
- Prepare adjusting journals for entries that require correction.
- Review account analysis on Balance Sheet and P&L accounts.
- Process and review journal entries during month-end closing.
- Approval of adjusting journals for entries that require correction.
- Cycle & Periodic Count sheets - create, print, enter and manage process.
- Coordinate recounts on variances.
- Complete Stock Count Investigative Analysis & get signoff.
- Post Cycle & Periodic Counts in BC.
- Assist with Finance Queries and investigations.
- Assist with Auditors queries.
- Assisting in the improvement in internal controls related to inventory.
- Monitoring inventory transactions.
- Maintain meticulous records of stock transactions, ensuring compliance with accounting principles.
- Identify and propose process improvements to optimise stock management efficiency.
- Recording the cost of newly acquired fixed assets.
- Tracking existing fixed assets.
- Recording depreciation and accounting for the fixed assets.
Desired Experience & Qualification
- Completed financial degree (non-negotiable)
- Minimum 5 years’ experience as Financial accountant
- Experience as accountant in manufacturing industry first prize
- Proficient in stock management systems and software.
Package & Remuneration
R500 - R600K CTC + performance bonus
Interested?
Only shortlisted candidates will be contacted.
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