Permanent - Financial Accountant - Midrand - South Africa

General Job Description

• The Financial Accountant will manage financial records, prepare accurate financial statements, and ensure compliance with all relevant financial regulations.

Duties and Responsibilities:

• Assist with month-end and year-end closing processes, including journals, reconciliations, and reporting
• Provide support during Internal and External (Statutory) audits, including preparation of required documentation.
• Prepare, maintain, and reconcile financial accounts, ensuring accuracy and completeness.
• Capturing all bank accounts daily
• Compile project reconciliations and submit payment requisitions for franchisee projects.
• Review major debtor’s reconciliation accounts
• Manage the administration of Fixed Assets and Work-in-Progress, ensuring accuracy and compliance with accounting policies.
• Ensuring compliance with internal controls and accounting standards
• Support budgeting, forecasting processes and variance analysis.

Management Service Fees (MSF)/Royalties

• Calculate monthly MSF and Marketing Fund contributions ensuring 100% accuracy.
• Analyse monthly outlet turnovers, MSF and Marketing Fund trends to identify abnormalities, provide explanations and correct.

ESG

• Compile and submit data for quarterly ESG report ensuring 100% accuracy.
• Ensure supporting documentation is filed for all amounts reported.

Key Performance Areas:

• Timely and accurate monthly management accounts pack preparation
• Comprehensive financial and variance analysis
• Oversight and review of balance sheet reconciliations
• Cash flow forecasting, liquidity management, and working-capital optimisation
• Costing analysis to support production and profitability
• Review and enhancement of internal controls, policies, and procedures
• Budgeting preparation and variance tracking
• Audit preparation, statutory reporting, and annual financial statement readiness

Requirements:

• Relevant Accounting Diploma/Degree.
• 3-5 years total finance experience. Completed articles advantage.
• Proven experience in journals, accounts payable reconciliation, accounts receivable, bank reconciliation, Balance sheet reconciliations etc
• Manufacturing sector exposure.
• Solid understanding of Balance sheet reconciliations and internal controls
• Working knowledge of IFRS and sound financial governance
• Strong proficiency in Microsoft Excel and ERP systems Sage 3
• Excellent analytical, problem-solving, and communication skills

Skills & Attributes:

• Strong accounting knowledge and understanding of IFRS principles
• Analytical, investigative, and problem-solving capabilities
• High attention to detail and professional accuracy
• Advanced Excel and ERP proficiency
• Deadline-driven with excellent time management
• Strong interpersonal, communication, and leadership potential
• Proactive, solutions-oriented, and able to work under pressure
• Integrity, accountability, and a commitment to continuous improvement
• Audit proficiency and sound understanding of risk and controls