Financial Accounting

Accounting

• Responsible for the trial balance, income statement & balance sheet.
• Reconciling balance sheet accounts on a monthly basis.
• Processing and recordkeeping of all adjustment journals, to be approved by Group Financial Manager & Director.
• Reconciling balance sheet account on a monthly basis (inventory costing and work in progress).
• 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.

Creditors & Expenses

• 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.

Cashbook

• Petty cash – processing of documentation.

Recordkeeping & Filing

• Managing and overseeing of filing of all required documentation.

Internal Control

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

Fixed Assets

• 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, create purchase order after approval from Excom.
• Instalment Sales Agreements:
  • Allocation of interest paid and deferred interest.
  • Balancing of ISA control account to monthly statements.
• Yearly asset verification.

Annual Audit (As part of the Financial team)

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

Budgeting

• Liaising with management on preparation of annual budget.
• Capturing of budget into Syspro.
• Comparing and reviewing monthly variance of actual to budget.