Overview
Contract Accountant Jobs in Cape Town at Job Crystal
Job purpose
Manages the full accounting function of GPM SA and GPM US. Maintains accurate records and controls in line with accounting standards and good accounting practice and also responsible for Financial reporting.
Qualifications & Experience required
Degree in Financial or Management Accounting
Knowledge and experience with ERP system preferably Syspro
A minimum of 3 years’ experience in similar role
Experience in managing staff
Knowledge, skills and behavioural attributes:
Time management and deadline driven
Planning and organizing
Accuracy/Attention to detail
Ability to work under pressure
Strong communication skills
Problem solving and proactive
Sound people management skills
Ability to work overtime when required
Duties and responsibilities
Key Performance Areas:
Maintain accurate financial records for 3 entities including:
General ledger JNL’s (payroll, accruals, prepayments, std jnl’s, provisions)
Update and maintain prepayment schedules.
Update and maintain Accrued expenses schedules.
Monitor and reconcile control accounts (Stock, cashbook, debtors, creditors, GRN, WIP)
Oversee the day-to-day planning and management of accounts payable for 3 entities.
Review and approve creditors reconciliations.
Adding of new- and maintaining of current beneficiaries
Approval of payments on banking platforms
Prepare Import /Export schedules for FEC’S for HO Treasury for foreign payments.
Manage and facilitate supplier queries and disputes timeously arising from creditors reconciliations.
Ensure timely and accurate payments to suppliers within payment terms.
Analyse and monitor BBBEE compliance in accordance with business requirements and report monthly to management.
Complete, review and facilitate quick approval of new credit application forms.
Debtors’ management:
Statements and follow up on collections.
Update and maintain Inoxico Reports
Monthly reporting
Cashbook:
Control of the petty cash
Cash Book recon
Update daily Cash flow.
Liaise with Nedbank
Liaise with Hudaco Trading
Verify and process new beneficiaries on the bank.
Ensure accurate and timeous monthly, quarterly and year end close.
Prepare VAT returns and gathering of documentation for VAT verification.
Payroll reconciliations
Assist with Internal and External Audits
Provide support and data input for year-end pack.
Ensure accurate and timeous monthly, quarterly and year end close.
Streamline and identify initiatives to improve processes.
Assist Financial Manager with other related duties.
Detailed Job Description:
Financial Accountant’s role is to maintain financial records for the company.
To ensure that data is captured with accuracy and integrity on SYSPRO and Nedbank /First Horizon Bank US daily.
Completion of Daily Weekly and Monthly tasks
To ensure that all payments are made on time.
Confidential treatment of company payments and receipts
Comply with relevant reporting requirements and deadlines.
Month end processing GPM SA and USA
Reconcile and balance accounts.
Maintain complete filing systems to support financial records.
Accounts Payable:
Check creditor’s reconciliations monthly for integrity and question irregular entries.
Cross check AP Payment recons to excel spread sheet.
Ensure that all bank accounts numbers are correct before loading onto Nedbank.
After approval by financial manager to load all beneficiaries and payments on Nedbank/First Horizon bank US.
Liaise with HUDACO regarding import rates and reports.
Capture IPA take ups into TMS.
Payment Cycle processing for debit orders and Import suppliers done on Syspro GPM SA and US
Load new beneficiaries and payments for Import suppliers.
Maintain petty cash schedule daily and process on Syspro at month end.
Print all reports and file.
Month end process and save Month end reports
Accounts Receivable:
Process payments and adjustments on SYSPRO from customer GPM SA and US daily
Generate monthly statement on SYSPRO and email to customer GPM SA and US
Liaise with sales department if any short payments and discrepancies from customers.
Manage monthly debtors book GPM SA and US
Liaise with customers regarding queries and credit limits.
Assist the FM with credit checks on new customers.
Liaise with MD from GPM US regarding GPM US deposits and wire transfers.
Liaise with HUDACO regarding rates and reports.
Capture IPA take ups into TMS.
Print and save all reports and file.
Month end process and save reports.
Petty Cash
Ensure that enough funds in petty cash box.
Ensure enough funds in Preloaded credit card.
Transfer funds from Nedbank current account to Ad Hoc account
Maintain petty cash schedule daily and process monthly on Syspro.
Cash Books:
Capture all payments and receipts on bank statement GPM SA and US daily.
Reconcile all payments and receipts GPM SA and US daily.
Ensure that all Cash books balance at month end.
Print reports and file
Month end process and save reports.
VAT Returns:
Prepare the reports and documents for monthly VAT returns.
Ensure that all sub ledger reports AP Tax Reports Cash Book Reports Sales Tax Reports and Journals balance to General Ledger
Check that the Sales Tax Report balance to Sales Turnover
Prepare the VAT form for FM to check and process on e-filing.
Help with any disputes or documentation that is needed for VAT audit.
Cash Flow:
Update cash flow on a daily basis to ensure that there’s enough funds in our bank account to pay all our creditors, wages, salaries and other expenses.
Inform FM if insufficient funds in the bank account so that a loan to be made to ensure that sufficient funds is transferred from HUDACO call account to GPM SA bank account.
2.8 General Ledger
Prepare monthly journals and process and post once FM approved.
Import all nominal journals from Payroll department, AP clerk, Cost Accountant and FM once approved post all journals.
Month end process and save reports.
General
At month end check that all sub ledger accounts balance to the general ledger
Prepare Payroll reconciliations.
Prepare AP AR CB Sundry Debt/Prepayments Sundry Creditors Hudaco current and call account reconciliations for FM to check and sign.
Prepare schedule for sundry creditors and sundry debt/prepayment.
Prepare and file all documents for month end file.
Assist with reports and documents for internal and external auditors.
GPM US/SA
Liaise with person doing GRN matching for US for intercompany balances.
Job Type: Full-time
Pay: R20Â 000,00 – R25Â 000,00 per month
Work Location: In person
Title: Contract Accountant
Company: Job Crystal
Location: Cape Town
