Accountant - Somerset West

Accountant (JB4894)Somerset West, Cape TownR25 000 to R35 000 a month CTCPermanent
A distributed power and remote monitoring company in the mobile telecommunications industry is seeking an Accountant. Reporting to the Finance Manager, the Accountant will oversee financial operations, including accurate reporting, general ledger management, tax compliance, and cash flow management. This role also supports budgeting, forecasting, audits, and inventory control, ensuring financial integrity across all entities 
Responsibilities : 
Financial Reporting:

• Prepare and analyze monthly, quarterly, and annual financial statements
• Ensure accurate and timely closing of monthly accounts across all entities
• Provide support audits, including preparing necessary documentation and responding to auditor inquiries. Ensure timely closure of audit findings

General Ledger Management:

• Maintain the general ledger, ensuring all transactions are recorded accurately
• Oversee and reconcile accounts payable, accounts receivable, and bank accounts
• Maintaining fixed asset register including conducting asset counts, posting deprecation journals and review for additions and disposals
• Conduct month-end and year-end close processes, including preparation of journals, such as accrual, prepayments, and depreciation

Management Accounts, Budgeting and Forecasting:

• Assist in the preparation of budgets and financial forecasts
• Monitor budget variances and provide detailed analysis to management
• Collaborate with department heads to ensure adherence to budgetary guidelines
• Assist in the monthly preparation of the monthly management accounts as delegate by the reporting manager

Taxation and Compliance:

• Prepare and submit tax filings (VAT, payroll taxes, corporate tax) and liaise with tax advisors
• Maintain up-to-date knowledge of tax legislation and ensure the business remains compliant with changing regulations

Cash Flow Management:

• Manage cash flow, ensuring timely payments to suppliers and accurate reporting of cash positions
• Maintain weekly the cash forecasting schedules and model to ensure visibility on working capital requirements in future periods

Inventory management:

• Conduct regular inventory reconciliations between physical counts and recorded stock in the accounting system, investigating and resolving discrepancies
• Monitor and report on stock levels, ensuring that inventory is valued correctly and provisions for obsolete or slow-moving stock are accounted for

Please do not apply using Scanned CVs, no supporting documentation is required at this point, this will be requested later.
Kontak Recruitment Disclaimer:Equal opportunity: All backgrounds are welcomed, with no bias. All are considered based on requirements.Job specifics: Requirements mirror advertisement, duties may adjust for client needs.Fair process: Fair assessment, only shortlisted candidates contacted due to volume.Privacy: Data processed as per Privacy Policy. By applying, you agree to data handling. We safeguard applicant info.Candidate verification: Candidates selected by the client are verified. False info may disqualify or end employment via the client.Offer clarity: Advert is not a binding offer. Written offers based on pre-employment conditions.No direct link: Advert is not tied to Kontak Recruitment. We assist in the employment process ONLY.Applicant Responsibility: Upon applying, confirmation of receipt for a specific advert is given. If no confirmation is received, you must verify with Kontak Recruitment.