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FINANCIAL ACCOUNTANT

MINING
480000
2018•01•25
GP, SUNNINGHILL

A leading mining company is seeking a financial accountant who will be responsible for financial operational delivery. Ensuring monthly accounting function and processing are completed accurately and on time for all entities.

DUTIES & RESPONSIBILITIES

  • Processing all monthly and recurring journals Prepare journal cover sheet for each journal processed and ensure supporting documentation are attached to them:
    • File journals in numerical order with monthly dividers
      • Salary journal
        • Depreciation journal
          • Staff Advance expenses captured and petty cash
            • Clearing suspense account
              • Accrue for expenses where applicable
                • Provision for leave pay
                  • Interest on loans or investments
                    • Expensing or capitalising deposits
                      • Revaluation journal of all foreign debtors, creditors and loans
                        • Releasing prepaid expenditure to income statement
                          • Annual and interim audit journals
                            • Ad hoc and reallocation journals
                              • Prepare final Balance Sheet Reconciliations with supporting documentation and/or schedules attached for each account as set out on the Excel Balance Sheet recon file. Follow up on all unknown entries, initiate action to resolve matters identified during review and escalate when necessary.
                                • Prepare monthly operating expense analysis with detailed explanations on material movements. Compare operating expenses with previous month and year, provide valid reasons for fluctuations. Investigate top 10 highest expenses each month.
                                  • Perform ad-hoc accounting functions when required.
                                    • Group Loan accounts and group loan matrix. Agree intercompany loan balances and capture inter loan transactions
                                      • Maintain fixed asset register and balance register to trial balance on Pastel. Capture additions, disposals and depreciation. Prepare monthly Fixed Asset Recon. File Fixed asset invoices and supporting documents in separate file
                                        • Prepare monthly management accounts for review before submitting to ABSA
                                          • Perform Creditors Reconciliations by comparing monthly ageing with the supplier statements. Ensure there is a supplier statement to verify each balance on the creditors ledger
                                            • Prepare and raise monthly re-invoicing within group companies to ensure correct allocation of expenses
                                              • CIPC- Ensure company details are kept up to date and are relevant at all times
                                                • Assist with annual and interim audits- prepare audit file and workings, assist with samples and supporting documents. Assist auditors with any queries and explanations
                                                  • Debtors management- Perform monthly debtors reconciliations and revaluations. Do monthly comparison to tie debtors back to dollar values as per deal recons. Ensure debtors accuracy with debtors balance confirmations
                                                    • Prepare VAT calculation and reconciliation that ties VAT201 back to Tax type report. Close VAT period for posting.
                                                      • Reconcile output vat back to local sales invoices
                                                        • Reconcile input vat back to cost of sales and purchases
                                                          • Ensure VAT control account agrees to SARS Statement of accounts. Perform reconciliation
                                                            • Ensure all returns are completed accurately and submitted timeously to SARS - VAT, PAYE
                                                              • Prepare and submit all necessary supporting documents for SARS reviews or audits
                                                                • Ensure TCCs for all companies are valid and up to date.
                                                                  • Submit monthly Tax clearance summary to ensure each company complies. Give reasons should a certain tax type not have full clearance
                                                                    • Assist in provisional and income tax calculations
                                                                      • Monitor and manage E-filing profile for any letters, assessments
                                                                        • Processing of Cashbook (all local currency bank accounts and CFC account) daily and making sure bank balance agrees to trail balance at month end
                                                                          • Performing bank reconciliations on Pastel and submit along with bank statement and supporting ledger
                                                                            • Perform allocations daily payments were made. Ensure payments were allocated to correct vendor or GL account.
                                                                              • Ensure timeous filing of bank statements and bank reconciliations
                                                                                • Send group Bank balances out on every Tuesday

                                                                                REQUIREMENTS

                                                                                • Completed Financial Degree (minimum Accounts 3)
                                                                                • Completed articles- not essential
                                                                                • 2-3 years post article experience
                                                                                • Knowledge of GAAP and IFRS
                                                                                • Preparation of vat returns
                                                                                • Experience in accounting and reconciling intercompany transactions across the group

                                                                                 

                                                                                CONTACT US

                                                                                Jessica
                                                                                0101101552

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                                                                                +27 (0) 10 110 1550
                                                                                contact@bluerecruiting.co.za
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