Assistant Accountant (Contract - 6 Months)

Position: Assistant Accountant Location: Glenwood, Durban Full Booking function in addition to the below

• Ensure appropriate accounting policies are applied during the preparation of yearly budgets.
• Supervise daily operations within the scope of accounts receivable and accounts payable.
• Collaborate with accounts and finance managers to ensure the smooth running of an organization's accounts department.
• Assist with tax returns, work independently on bookkeeping and account reconciliations and handle load payments on Standard Bank Business Online.

Reconciliation of historical entries on Microsoft Dynamics

• Ability to identify errors.
• Investigating reconciling items and driving resolution with the Financial Manager and Financial Accountant.
• Reconciling unmatched payments to uncaptured invoices and credit notes
• General ledger reconciliations
• Analytical evaluation of vendor accounts against payments made.

General

• Assist with external audit preparation.
• Collaborate with Financial Managers and other team members to successfully execute various accounting tasks.
• Comply with the requirements of the quality management system.

Requirements and skills

• Attentive to detail.
• Sound accounting knowledge.
• Confidentiality
• Handle pressure.
• Thoroughness
• Pays attention to detail, displays a high level of integrity, and is deadline-driven
• Excellent organisational and planning skills with the ability to prioritize time and work effectively.
• Can communicate within the team and contribute to the overall success of the team.
• Adaptable as this is a constantly changing environment.

Experience & Qualifications

• Experience 5 years plus preferred (Experience in an accounting firm would be advantageous)
• Our ideal candidate has a minimum matric and a tertiary education in Bookkeeping or Finance.

Duties and Responsibilities General Journal Entries

• Raising monthly accruals.
• Processing Depreciation.
• Salaries journal.
• Credit note provision.
• Bad debt provisions.
• All general ledger journals in preparation for management accounts.

Accounts Receivable: (All Entities)

• Provide management with a weekly listing of files outstanding by Voyage Statement Status.
• Provide Management with a Monthly Customer Age analysis.
• Unapplied payments report - Customers.
• Maintenance of Clearing Accounts.
• Pe Transactional data - preparation.
• Related party trading accounts.
• Intercompany trading accounts.

Accounts Payable: (All Entities)

• Processing of foreign vendor invoices including the assignment of charge items.
• To ensure that the rate of exchange is aligned with the incoterms as described.
• Foreign vendor creation.
• Releasing of purchase orders (rounding, cents adj).
• Provide Management with Monthly Vendor Age analysis.
• Unapplied payments report - Vendors.
• Purchase Order Maintenance.
• Purchase Order Approval.
• Releasing of purchase orders (rounding, cents adjustment).
• ROE Request from buyers.

General

• Credit Card and Fleet Card Import Template.
• Manage General Ledger reconciliations including maintenance ledgers.
• Performing periodic financial analyses to detect and resolve problems.
• Prepare working paper file for internal and external audits and review by management.
• Prepare balance sheet reconciliations - monthly.
• Prepare income statement reconciliations - monthly.
• Ensure that all control accounts are reconciled to sub-ledgers.
• Including Accounts receivable, Accounts Payable, Cash and Bank Accounts, Inventory.
• Preparation of the VAT 201 for submission month for all related entities.
• Preparation of the EMP201 and EMP501 for submission on e-filing and easy file.
• Tax and VAT compliance - SARS Correspondence.
• Assist with Provisional Tax calculations and submission.
• Facilitating the Monthly Invoice Processing.
• Ensure that all operating expenses are accounted for and reconciled through vendor ledgers.
• Stock Valuations and Stock Adjustments.

Fixed Assets: (All Entities)

• Maintenance of the fixed asset and tax asset registers for all entities.
• Ensure that all assets are accounted for both with NAV and in Excel.
• Update additions, disposals, and scrapping with the FAR's.