Assistant Accountant

Job Advert Summary

We are seeking a highly motivated and detail-oriented Assistant Accountant to join our team. The successful candidate will be responsible for delivering accurate, reliable, and timely financial information to Plant Management, enabling informed business decisions and driving operational excellence.### Minimum Requirements

Minimum qualifications:

• Grade 12 (Matric Certificate)
• BCom / Diploma in Financial Accounting

Additional requirements:

• Minimum 2 years’ experience in Finance / accounting role.

Duties & Responsibilities

Financial Strategy:

• Participate in organisational strategy management from a financial management perspective.

General Financial:

• Provide Financial analysis and support to management and all operational areas of the business.
• Maintain and update accounting system (ERP: BPCS)
• Ensure compliance with internal control

Budget / Forecast:

• Assist with preparation Operational budget and load budget on the system
• Assist with preparation of Operational forecast on the system.

Financial reporting & General Ledger:

• Prepare financial reports and returns.
• Analyse and interpret finance reports and statistical data.
• Generate information and report for internal and external use.
• Investigate and action financial variances (budget/forecast).
• Compile the weekly BU flash result and analyse variances.
• Consolidate the compile the BU capex reports.
• Compile weekly sales reports.
• Compile balance sheet account reconciliation.
• Investigate and action balance sheet account variances.
• Prepare and Journal entries.

Audits and Financial Period – End processes:

• Assist with preparations of the year-end statutory audit (External and Internal) in line with the consolidates audit plan.
• Prepare ledger balance and an initial balance including all reconciliations, balance sheet accounts and support documentation.
• Follow up and action Audit finding.

Cost Accounting:

• Prepare and review details product costing analysis for all new parts
• Review GP percentage of individual BOM’s and identify distress parts
• Ensure that the routings reflect the time standards
• Investigate Purchase price variances (PPV)
• Identify improvement opportunity and make recommendation for improvement
• Participate in continuous improvement initiatives.

Creditors, Banking & Cash management:

• Verify weekly transfer (Wages)
• Review and authorise creditors reconciliations

Debtors:

• Maintain and update the tooling account and reconciliation
• Review and analyse the debtors age analysis, ensuring timely payments from customer.

CAPEX & Fixed assets:

• Calculate ROI on proposed CAPEX
• Complete CAPEX/disposal / transfer applications
• Monitor and report CAPEX monthly spend vs budget
• Maintain and update the fixed assets register (issues Asset No’s etc.)

Statutory Returns:

• Comply with value -added tax administration
• Review statistics returns.

Stock Control:

• Monitor and review holding
• Oversee stock takes
• Analyses and investigate stock count variances
• Maintain the integrity of the stock Sub system.