Senior Financial accountant - Somerset West

Growing distribution business in Southern Suburbs of CapeTown is looking for a dynamic and experienced finance professional who will take responsibility for the finance and oversee the operations.

Ideally candidates must reside in Southern suburbs or Capetown city surroundings - and not from the northern suburbs.

If you are a results-driven individual with a passion for financial excellence and a knack for navigating the complexities of the retail industry, we invite you to explore this exciting opportunity with us

Location: Full time and in-office and applicant must be Cape Town based

Requirements:

• Good communication skills (verbal and written)
• Ability to lead a team by creating and maintaining a productive, efficient, and happy environment
• Comfortable with systems, data and analysis
• Ability to prioritise, multi-task and meet deadlines
• Attention to detail
• Analytical and problem-solving skills
• Strong analytical skills and able to use Excel (incl pivot tables, xlookup, complex IF formula) and Microsoft365 suite (Outlook, Teams, OneDrive)
• Good working knowledge of Acumatica or experience with other ERP systems
• Suits someone who is willing to roll up sleeves and get the job done. This is not a corporate job, but an fast growing enterprenerial business.
• Monthly Responsibilities
• Preparation of Cash Flow
• Preparation of Management Report
• Analyse and interpret the management information
• Review Debtors Ageing
• Review and approve Credit Notes
• Review, approve and monitor any Stock Write-offs
• Review Creditors Ageing
• Review Stock Ageing report
• Review the monthly Payment Schedules including the weekly Payment Schedules
• Review all Balance Sheet reconciliations
• Process all month-end Financial Journals
• Maintain the Fixed Asset Register
• Preparation and submission of VAT 201 returns on SARS e-filing
• Preparation and submission of Payroll
• Preparation and submission of EMP 201 returns on SARS e-filing
• Bi-Annual Responsibilities
• Managing the KPIs process for the team
• Setting individual team members KPIs
• Recommendation of salary increase and bonus for team based on performance
• Preparing and submission of Provisional Tax returns on SARS e-filing

• Preparation of Budgets and Forecasts
• Preparation of audit schedules for year-end audit
• Process all year-end audit Journals
• Overseeing the year-end audit process
• Review the provisional AFS
• Close the year-end in Acumatica once AFS is signed

• Assist in Operations and managing the Operation team
• Monitor and report operational stats for third party logistics provider (3PL)
• Ensure integrity of stock in all location
• Review of costing for imported and local stock
• Overseeing all Stock takes at all warehouses including year-end Stock takes

• Data integrity across all systems (Acumatica, Qlik, NetStock, Repsly)
• Ensure all tax, accounting and compliance standards are maintained and adhered to
• Implementing controls to streamline the Finance and Operation functions and to mitigate risk
• Responsible for leading, training staff and upskilling team
• Managing the IT, Human Resource and Payroll functions
• Ensure compliance (Foreign Exchange Control, CIPC, SARS, DOL)
• Treasury and Banking profile management
• Any additional requests from CFO, CEO and Directors

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