SENIOR ACCOUNTANT (Manufacturing / Engineering / Projects) (Richards Bay)

NEW EMPLOYMENT AVAILABLE

Title: Senior Accountant

Area: Richards Bay

Industry: Manufacturing / Engineering / Projects

Ref No.: TRG 2154

Salary: Market related TCTC avail/neg (+ benefits)

Start Date: As soon as possible

An opportunity for an experienced SENIOR ACCOUNTANT is required for permanent employment based in Richards Bay.

• To oversee the accounting activities and reporting of the organisation, ensuring accuracy, compliance, and efficiency.
• As a Senior Accountant, your role involves preparing and reporting monthly and quarterly financial statements, tax submissions, implementing accounting procedures, perform analysis of the financial data and enhance organizational performance.
• As part of an international group, you will also be involved in group intercompany reconciliation and consolidation.
• Additionally, you will play a key role in coordinating audits, managing tax compliance, and support the growth and development of the Finance team.

DUTIES & RESPONSIBILITIES:

• Prepare accurate and timely financial statements, including balance sheets, income statements, and cash flow statements, in accordance with accounting standards and regulatory requirements.
• Provide monthly analysis of financial performance of the business with in-depth review of balance sheet and profit and loss statement.
• Maintain the integrity and accuracy of the general ledger by supporting and reviewing the accounting processes.
• Preparation and submission of group quarterly reporting.
• Local and international intercompany reconciliation.
• Generate and analyse aging reports monthly to identify overdue payments and outstanding receivables, taking proactive measures to resolve issues and improve cash flow.
• Review month-end payments process to ensure accuracy, compliance, and internal control effectiveness, verifying authorization and documentation to prevent errors and fraud.
• Establish and maintain internal controls to safeguard company assets, prevent fraud, and ensure compliance with policies and procedures.
• Tax compliance: Prepare and file tax returns, ensure compliance with tax laws and regulations, and support tax audits by providing necessary documentation and information.
• Coordinate and support internal and external audits by providing requested documents, explanations, and assistance to auditors to ensure audit objectives are met efficiently.
• Maintain accurate records of fixed assets, including acquisition, depreciation, and disposal, in accordance with accounting standards.
• Involvement and liaison with Warehouse Management with Cyclical and the Bi-Annually Stock take and related reconciliations to the system.
• Regularly assess inventory levels and turnover rates, optimizing management strategies to minimize excess or obsolete stock and reduce holding costs.
• Review insurance policies to ensure adequate coverage and cost-effectiveness.
• Quarterly Stats submission as required.
• Assist with the development of new financial models to improve efficiency and reporting quality.
• Assist in the development of annual budgets, forecasts, and financial plans by providing accurate and timely financial data and analysis.
• Maintain and optimize accounting software and financial systems to streamline processes, improve efficiency, and enhance data accuracy and security.
• Assist in financial planning activities, investment evaluation, to support strategic decision-making and long-term growth initiatives.
• Prepare ad hoc financial reports and analysis as requested by management to address specific business needs or inquiries.

EDUCATION, QUALIFICATION, EXPERIENCE & SKILLS:

• Degree in Accounting or Finance; CA (SA) preferred; Extensive knowledge of accounting principles, practices, and regulations, including IFRS and tax laws.
• 10 years proven work experience in an accounting role (ideally in Manufacturing and/or Project Management industries).
• Excellent organisational and time-management skills.
• Strong analytical skills, attention to detail, and ability to interpret complex financial data.
• Ability to work independently and meet deadlines.
• Enhancement and motivation of a positive team spirit.
• Excellent written and verbal communication skills.
• Advanced Microsoft Excel skills.
• Auditing background preferred.
• SAP experience would be beneficial.
• Knowledge in IT, VBA, SQL and/or Power BI would be an advantage.

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APPLICATION INSTRUCTIONS

• We will ONLY consider applications from suitably experienced candidates that meet the requirements of this vacancy.