Role Overview

The main purpose of the Accountant is to proactively ensure that all relevant Hungry Lion financial information is provided timeously for analytical, audit purposes, monthly financial reporting, and the completion of tax returns for the relevant tax authority within the required deadlines.

Duties/Responsibilities

Reconciliations for Payroll: comparing payroll data to general ledger entries and posting corrections where needed
Fixed asset register: creating assets, doing monthly recon between fixed asset register and GL entries, and doing depreciation runs on the system
Bank reconciliations: Salaries and suppliers’ bank accounts, identify where reconciling items exist, inquire about differences, and adjust for differences
Assist with monthly VAT submissions, monthly VAT reasonability checks, provisional and final income tax submissions
Assist with withholding tax submissions, with assistance provided
Intercompany balances: agree the balances, ensure that transfers were done in all the entities and adjust for forex movements where necessary
Prepare timeous accurate and comprehensive monthly cash-flow statements
Identify, analyse and report on primary variances between actual and budget in management report to ascertain monthly value of shorts measured against budget
Make recommendations on cost improvements and loss-making stores to optimise financial growth
Manage and monitor banking procedures to ensure adherence and identify deviations
Provide timely and accurate monthly and weekly analytical financial reporting to Financial and other managers
Prepare analytical reports for the management pack to report on back-testing from store viability studies
Report the recommendations based on the results of the analytical reports to ensure effective and efficient feedback
Prepare viability studies to ensure timeous and effective implementation
Monitor and maintain compliance through:
Managing the internal financial control system
Maintaining Hungry Lion’s tax compliance by monitoring the rand value of tax penalties per annum
Monitoring and managing adherence to IFRS for SMEs / GAAP standards
Coordinate the internal control risk management processes for Hungry Lion
Plan, prepare and coordinate external audits to ensure unqualified audit results
Analyse and account for foreign exchange movements based on foreign payments made to suppliers
Assist the financial manager with ad hoc tasks, where needed

Requirements

Eligible to register as a Chartered Accountant
CA(SA) with 1-2 years’ post-articles experience preferred
Intermediate to advanced Excel skills
Ability to navigate through a large amount of data while analysing the data through Excel formulae and functionalities to assess the completeness, accuracy and validity of the data
Previous experience in performing payroll reconciliations is highly advantageous
Previous exposure to foreign exchange transactions, including but not limited to payments and intercompany transactions, would be beneficial
Capability to perform bank reconciliations for various bank accounts, such as suppliers, salaries and wages, and foreign currency bank accounts
Ability to work under pressure while delivering high-quality work

Closing date for applications: Monday, 6 January 2025

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing and Finance

Industries

Internet Publishing

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Hungry Lion jobs

Accountant