Accountant

Sebenzana • Other • Johannesburg, Gauteng, South Africa • $200 - $300 / year • 1w ago

Johannesburg, South Africa | Posted on 10/08/2024

Sebenzana Consulting (Pty) Ltd is looking for a highly organized and detail-driven Accountant to support our finance team, reporting directly to the Financial Lead. In this role, you will manage day-to-day accounting operations, including general ledger management, financial reporting, and month-end processes. You will also assist in preparing budgets, updating projections, conducting financial analysis, and ensuring that all financial records are accurate and compliant with relevant regulations.

As a key role player in the finance department, you will collaborate with the Financial Lead to streamline accounting procedures, support audits, and contribute to financial planning and strategy.
The ideal candidate will possess strong analytical skills, proficiency in accounting software, and a deep understanding of accounting principles.
If you are passionate about maintaining financial integrity and have a keen eye for detail, this role offers an exciting opportunity to grow within a dynamic and supportive team.

Role Summary

The Accountant at Sebenzana Consulting (Pty) Ltd plays a crucial role in managing the company’s financial processes and ensuring accurate financial reporting.
This role is responsible for overseeing daily accounting tasks such as general ledger management, financial statement preparation, customer collection, and month-end reconciliations.
This role will include International reporting and the management of the associated Foreign Exchange processing.
The accountant will assist the Financial Lead with budgeting, financial forecasting/projections, tax compliance, cash flow management, and internal audits.
The accountant will contribute to the financial health of the company by providing detailed analysis, supporting decision-making processes, and ensuring that financial operations are smooth and efficient.

Role Purpose

The purpose of the accountant role at Sebenzana Consulting (Pty) Ltd is to ensure the accuracy, integrity, and efficiency of the company’s financial records and processes. Reporting to the Financial Lead, the Accountant plays a key role in supporting financial operations, including managing day-to-day accounting functions, preparing financial statements, managing cash flow, and ensuring compliance with relevant accounting standards and regulations.

This role contributes to the company’s overall financial health by providing reliable financial data, supporting budgeting and forecasting processes, and assisting in audits and tax compliance.
By maintaining high standards of financial reporting and contributing to process improvements, the accountant helps drive informed decision-making and ensures the company’s financial sustainability.
This role will include the responsibility to manage Foreign Exchange transactions with offshore entities.

Business

Responsible for communicating with internal and external stakeholders regarding invoicing queries.
Responsible for communicating with internal and external stakeholders regarding payment requirements and resolving any payment issues.
Maintain knowledge of all organizational and governmental rules affecting purchases and provide information about these rules to organization staff members and to vendors/contractors.
Ensure that there is the correct interpretation of contracts documentation, record keeping, and close out of all payment queries.
Ensure correct data entries and calculations against cost centres and contracts.
Successfully reconcile the general ledger balances and the bank statement or other financial records without discrepancies.
On-time submission of financial reports.
Preparation of all financial documentation for internal or external audits.
Ensure 100% compliance with relevant financial regulations, tax laws, and reporting standards.
Timeous close out of month-end or year-end closing activities.
Streamlining of accounting processes (invoicing, payroll, reconciliations) that are automated or streamlined.
Budget variance tracking for planning and control purposes.
Forecasting accuracy supports reliable financial forecasting.
Cost saving identified and implemented through financial analysis process improvement efforts.
Cash Flow metrics are important in the number of times the company collects its average accounts receivable during a period.
Collaboration with other departments to provide financial insights and support strategic decision-making.
Accuracy and Attention to Detail: Deliver precise and error-free financial reports, transactions, and reconciliations.
Timeliness: Meet all deadlines for financial reporting, budgeting, and forecasting.
Compliance Adherence: Maintain strict compliance with industry regulations, accounting standards, and internal policies.
Process Efficiency: Implement and maintain efficient financial processes.
Audit Readiness: Maintain thorough and organized financial records.
Stakeholder Satisfaction: Ensure satisfaction with the accuracy, clarity, and timeliness of financial information provided.
Continuous Improvement: Seek out opportunities to enhance financial processes, tools, and skills.

Functional

Process the payment of invoices, ensuring that all vendor payments are accurate and approved.
Track and manage incoming payments from clients.
Maintain the general ledger by recording all financial transactions accurately.
Perform regular reconciliations of the company’s bank accounts.
Assist in the preparation of departmental and company-wide budgets.
Prepare and distribute monthly, quarterly, and annual financial reports.
Monitor and record company expenses.
Conduct variance analysis by comparing actual financial performance against budgeted figures.