Financial Accountant at The Globevest Group

• Responsible for the trial balance, income statement & balance sheet
• Reconciling balance sheet accounts on a monthly basis (including inventory costing and work in progress)
• Processing and recordkeeping of all adjustment journals, to be approved by Group Financial Manager & Director
• Preparation and reporting on monthly management accounts to management
• Performing day end, month end and year-end on SYSPRO system
• Expense provisions management
• Nedfleet management

• Work in Progress reconciliation
• GRN Accrual Reconciliation
• Costing review on BOMs
• Slitting and Recovery cost allocations
• Overhead Costs allocation within various divisions
• General Balance Sheet Accounting and Budget reporting

• Assist with Sales trend vs Production cycle analysis
• Draw up forecast model on costs per division and consolidate

• Setup and review BOMs for products and services
• Labour and OHC reversals on jobs posted incorrectly by Floor personnel
• Maintain Stock codes
• Attend stock takes and review findings
• Review and process COD payments
• Review Monthly creditor reconciliations and process payments
• Review Debtors’ book with Branch Manager
• Review Cash book allocations and reconciliations
• Cashflow forecast planning
• Monthly VAT Returns
• Ad hoc requests from Branch Manager
• Syspro Month end and cost roll up on BOM

• Work in Progress reconciliation
• Goods in Transit reconciliation
• Transport Cost reconciliation
• Handling fee reconciliation
• Rebate reconciliation
• Recovery calculation and reconciliation
• General Balance Sheet Accounting and Budget Reporting

• Compilation and capturing of budget into Syspro
• Comparing and reviewing monthly variance of actual to budget

• Attend stock takes and review findings
• Ad hoc requests from Branch Managers

• Loading payments on bank when required
• Internal controls regarding creditors are in accordance with Company standard, limit of authority
• Reviewing allocated Creditors teams and managing clerks

• Petty cash – processing of documentation

• Managing and overseeing the filing of all required documentation

• To ensure internal controls at branches are in accordance with Company standard and in line with relevant legislation and limits of authority
• Reviewing, designing, documenting, and implementing systems of internal control
• Communication and training of internal controls for relevant staff
• Regular internal audits at branches

• Updating and reconciling of fixed asset registers
• Ensure depreciation is processed monthly
• Preparation of a profit and loss on sale or write-off schedule
• Handling purchase documents for new assets, creating purchase orders after Excom approval
• Instalment Sales Agreements:
• Allocation of interest paid and deferred interest
• Balancing of ISA control account to monthly statements
• Yearly asset verification

• Preparation of audit file
• Liaising with auditors
• Resolving auditors’ queries
• Processing of year-end journals

• Matric
• BCom Accounting Degree / Management Accounting

• Minimum 5 – 8 years’ experience required as an Accountant within a Manufacturing / Retail industry
• Experience required working with Bill of Materials (BOMs) within the Steel Industry
• Inventory work in progress experience / management required within the Manufacturing industry
• Need to have experience with multi-network of Branches / sites across the country – need to handle pressure & volumes
• Experience required within a large corporate environment
• Syspro experience will be advantageous
• Must have a strong personality
• Candidate must have a stable work record
• Candidate must be presentable and have good communication skills
• Candidate must not crack under pressure
• Very deadline driven orientated

• We may contact you when suitable opportunities arise.
• The information you have provided to us is true, correct and up to date.

Globevest Placements