Job Purpose:
The Accountant is responsible for managing the company's financial records, ensuring accurate financial reporting, maintaining compliance with accounting standards and legislation, and overseeing creditors, banking functions, fixed assets, reconciliations, and month-end processes.
Financial Accounting:
- Prepare and maintain accurate financial records and accounting transactions.
- Process and review journal entries, accruals, and provisions.
- Perform general ledger reconciliations and ensure all accounts are accurately maintained.
- Assist with the preparation of monthly management accounts.
- Support the preparation of annual financial statements.
- Ensure compliance with accounting standards and company policies.
Creditors Management:
- Oversee the accounts payable function.
- Review and approve supplier invoices for payment.
- Reconcile supplier statements and resolve discrepancies.
- Ensure timely and accurate processing of creditor payments.
- Manage supplier relationships and respond to account queries.
- Monitor creditor age analysis and cash flow requirements.
Banking and Cash Management:
- Perform and review daily and monthly bank reconciliations.
- Manage electronic payments and banking transactions.
- Monitor cash flow and report variances.
- Investigate and resolve unreconciled banking items.
- Liaise with banking institutions regarding account matters and financial transactions.
- Ensure proper control and authorisation of all banking activities.
Fixed Assets Management:
- Maintain and manage the fixed asset register.
- Record asset acquisitions, disposals, transfers, and depreciation.
- Conduct regular asset verification and asset counts.
- Ensure accurate asset classification and reporting.
- Prepare fixed asset reconciliations and supporting schedules.
- Assist with annual audits relating to fixed assets.
Tax and Compliance:
- Prepare and submit VAT reconciliations and returns.
- Assist with tax compliance and statutory reporting requirements.
- Ensure compliance with relevant legislation and financial regulations.
- Support internal and external audit processes.
- Maintain strong internal controls and financial governance.
Reporting and Analysis:
- Prepare monthly financial reports and management information.
- Analyse financial results and identify trends or variances.
- Provide recommendations to improve financial performance and controls.
- Assist with budgeting, forecasting, and cash flow planning.
- Generate reports for management decision-making.
Month-End and Year-End Processes:
- Manage month-end and year-end closing procedures.
- Prepare balance sheet reconciliations.
- Ensure all financial transactions are recorded accurately and timeously.
- Assist with audit preparation and external auditor requirements.
Accounts Receivable:
Assist with customer invoicing as and when required