19 Oct
iKhokha
Umhlanga
Remote: Hybrid
Job DescriptionAre you a skilled finance professional ready to make an impact? Look no further! We're looking for a driven Financial Accountant to join our iKTribe and play a pivotal role in shaping our company's financial success. So, what will you do? Gather financial data to ensure that all financial transactions are valid, accurate and complete on a monthly basis. Ensure compliance with IFRS and SARS, CIPC and other relevant legislation/regulations. Accurate financial processing in preparation of monthly Trial Balance. In addition to the above, your key responsibilities will be: Fixed Asset Register: Process all additions on a monthly basis. Run depreciation and amortisation for month end.
Ensure fixed asset register reconciles to GL. Conduct annual impairment testing on intangible assets Cashbook: Ensure all cashbooks are processed daily/weekly. Bank reconciliations performed weekly with no variances. Accuracy of cashbook allocations. Unallocated payments or receipts resolved timeously Value Added Tax: Calculation of accurate output and input tax values based on value added tax act. Prepare Vat reconciliation to GL. Ensure VAT is captured on e-filing and submitted before submission deadline. Ensure SARS receives payment before deadline. Prepare necessary documents requested by SARS for Audit Payments: Load supplier payments Provide proof of payments as required Review of banking details for payments Ensure that there is sufficient cash available for payments Allocate merchant deposits to the correct wallet IDs Reconciliation & Journal Entries: Prepare all balance sheet reconciliations. Ensure reconciling items are resolved timeously.
Process all monthly journal entries timeously to ensure month end close deadlines are achieved. General Ledger Review: Perform detailed review of all GL accounts to ensure completeness. Correction of allocations between GL’s. Review costs against budget to understand variances. Process/reverse provisions and accruals where necessary Budgeting: Assist in the annual budgeting process. Ensure all costs are budgeted for accurately. Assist in balance sheet and working capital budgets Annual Audit: Assist in the annual audit process. Provide supporting documents requested by external auditors timeously Income Tax: Calculate accurate Income Tax values based on Income Tax Act. Prepare deferred tax asset/liability and reconcile to GL. Conduct annual impairment testing on deferred tax asset.
Ensure provisional Income Tax returns are captured on e-Filing and submitted before submission deadline. Ensure SARS receives payment before deadline. Prepare necessary documents requested by SARS for audit Other Statutory Reporting: Assist in executing against the company’s B-BBEE strategy with the support of the Finance Operations Manager and 3rd party advisors (i.e., provide supporting reporting and data points to key stakeholders, ratings agencies, etc.). Assist in timeous EE & WSP reporting on an annual basis (i.e., provide supporting reporting and data points to key stakeholders, Dept. of Labour, SETA etc.). Assist in annual CIPC submissions processed by 3rd party company secretary QualificationsCompleted Matric / Grade 12 BCom Accounting Degree/Post Graduate Diploma CA(SA), CIMA,
SAIPA or equivalent highly advantageous Deal Breakers:3-5 years’ experience as a financial accountant / similar role in an operational finance team Completed articles and proven work experience as a Financial Accountant or similar role Solid knowledge of accounting regulation standards Solid knowledge of the South African tax legal framework (i.e., income tax, VAT, PAYE, etc.) Solid knowledge of other relevant South African legislation and regulations (i.e., Companies Act, B-BBEE, CIPC, etc.)Practical experience in processing SARS submissions, CIPC returns and other submissions to relevant regulatory bodies Prior experience with MS Dynamics Business Central would be an advantage,
but is not required Additional InformationPerks of joining the TribeWork in a high-growth company with tangible results you're accountable for Enjoy hybrid and in office work models. Competitive remuneration and benefits, including Medical Aid and Group Risk scheme contributions Be guided by visionary leadership Seize the opportunity for study leave Access to on-demand learning and development Experience a friendly, collaborative culture with a team of all-round-lekker humans (it’s true, we surveyed our Employees and they told us so) If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our very own onsite Barista
▶️ Financial Accountant - Apply
🖊️ iKhokha
📍 Umhlanga