Key Responsibilities
Treasury
- Support the treasury function across the group of companies.
- Liaise with outsourced bookkeeping service providers to ensure all bank accounts are reconciled accurately and timeously within the accounting system on a monthly basis.
- Monitor outstanding reconciling items and follow up on unresolved matters to ensure timely resolution.
- Maintain effective working relationships with banking partners and assist with banking administration as required.
- Ensure treasury-related processes are performed in accordance with internal controls and company policies.
Accounts Payable- Take full ownership of the accounts payable function across the group of companies.
- Monitor supplier payment cycles and follow up on outstanding payments not processed in accordance with agreed payment terms.
- Review bi-monthly payment proposals for accuracy, completeness, compliance with internal policies, and appropriate VAT treatment.
- Oversee the timely and accurate processing of supplier invoices by outsourced bookkeeping teams.
- Review and approve supplier information prior to onboarding onto the internal supplier database.
- Maintain and strengthen the accounts payable control environment, identifying opportunities for process improvement.
Accounts Receivable- Take full ownership of the accounts receivable function across the group of companies.
- Ensure customer invoices are generated and distributed within required timelines.
- Monitor trade receivables ageing and follow up on overdue balances, escalating long-outstanding amounts where necessary.
- Oversee the accurate allocation and matching of customer receipts to invoices by outsourced bookkeeping teams.
- Ensure customer information is accurately captured and maintained within the internal customer database.
Fixed Assets- Maintain oversight of the fixed asset register across the group of companies.
- Ensure the fixed asset register reconciles to the trial balance on a monthly basis and investigate discrepancies where identified.
- Review capital expenditure activity to ensure appropriate capitalisation and recording in the fixed asset register.
- Review capitalisation and depreciation journals for completeness and accuracy.
- Ensure depreciation is applied in accordance with applicable accounting policies and SARS wear-and-tear guidelines.
- Carry out quarterly fixed asset reviews and inspections in collaboration with the Information Systems department.
Prepayments & Accruals- Review monthly prepayment schedules across the group and ensure prepayments are recognised in accordance with internal policies and accounting requirements.
- Monitor prepayments nearing expiry and engage relevant stakeholders regarding renewals or terminations.
- Review the accuracy of monthly amortisation entries relating to prepaid expenses.
- Ensure prepayment schedule balances reconcile to the relevant trial balance accounts on a monthly basis.
Reporting, VAT & General Finance Support- Compile monthly Economic Development Spend Reports and Local Content Declaration Certificates.
- Prepare monthly VAT workings for applicable entities, including review and classification of VAT transactions prior to submission to management.
- Provide support during SARS VAT verification processes and related information requests.
- Assist with month-end and year-end close processes, including preparation of supporting schedules and reconciliations.
- Assist with external and internal audit processes and provide supporting documentation as required.
Minimum Requirements - Diploma in Accounting, Finance, or a related field (essential).
- 1–3 years' relevant work experience in a finance administration role.
- Working knowledge of Microsoft Dynamics or equivalent accounting system.
- Strong Microsoft Excel skills.
- Sound understanding of basic accounting principles and reconciliations.
Please note that only shortlisted candidates will be contacted
